
Medifast, Inc., through its subsidiaries, produces, distributes, and sells weight loss, weight management, healthy living products, and other consumable health and nutritional products. The company offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by OPTAVIA, Flavors of Home, and Essential 1 brands. It also provides meal replacements comprising vitamins and minerals; and hydration products, as well as other nutrients for health purposes. As of December 31, 2017, Medifast, Inc. operated 16 franchised Medifast weight control centers in Arizona, California, Louisiana, Minnesota, and Wisconsin; and 18 reseller locations in California, Maryland, and Pennsylvania. The company sells its products through various channels, including the Internet, call centers, independent health advisors, medical professionals, franchise weight loss clinics, and direct consumer marketing. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.
Industry, Sector and Symbol
Industry Miscellaneous food preparations & kindred products
Sub-IndustryPersonal Products
SectorConsumer Staples
SymbolNYSE:MED
CUSIP58470H10
Phone410-581-8042
Debt
Debt-to-Equity RatioN/A
Current Ratio3.37%
Quick Ratio2.85%
Price-To-Earnings
Trailing P/E Ratio42.38
Forward P/E Ratio29.86
P/E Growth2.12
Sales & Book Value
Annual Sales$301.56 million
Price / Sales3.84
Cash Flow$2.5713 per share
Price / Cash37.74
Book Value$9.10 per share
Price / Book10.66
Profitability
EPS (Most Recent Fiscal Year)$2.29
Net Income$27.72 million
Net Margins9.19%
Return on Equity26.39%
Return on Assets20.81%
Miscellaneous
Employees399
Outstanding Shares11,930,000