LifeMD, Inc. (LFMD)

NASDAQ: LFMD · IEX Real-Time Price · USD
7.77
+0.05 (0.65%)
At close: May 17, 2024, 4:00 PM
7.90
+0.13 (1.67%)
After-hours: May 17, 2024, 7:33 PM EDT
0.65%
Market Cap 328.38M
Revenue (ttm) 163.56M
Net Income (ttm) -26.46M
Shares Out 42.29M
EPS (ttm) -0.74
PE Ratio n/a
Forward PE 32.15
Dividend n/a
Ex-Dividend Date n/a
Volume 722,191
Open 7.77
Previous Close 7.72
Day's Range 7.73 - 8.04
52-Week Range 1.81 - 12.88
Beta 1.43
Analysts Strong Buy
Price Target 13.60 (+75.03%)
Earnings Date May 8, 2024

About LFMD

LifeMD, Inc. operates as a direct-to-patient telehealth company that connects consumers to healthcare professionals for medical care in the United States. The company offers telehealth platform comprising RexMD, a men's telehealth brand that provides access to virtual medical treatment for a variety of men's health needs from licensed physician; ShapiroMD that provides virtual medical treatment, prescription medications, patented doctor formulated OTC products, topical compounded medications, and medical devices treating male and female hair lo... [Read more]

Sector Healthcare
Founded 1994
Employees 207
Stock Exchange NASDAQ
Ticker Symbol LFMD
Full Company Profile

Financial Performance

In 2023, LifeMD's revenue was $152.55 million, an increase of 28.15% compared to the previous year's $119.03 million. Losses were -$23.70 million, -51.27% less than in 2022.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for LFMD stock is "Strong Buy." The 12-month stock price forecast is $13.6, which is an increase of 75.03% from the latest price.

Price Target
$13.6
(75.03% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of LifeMD, Inc. (NASDAQ: LFMD)

NEW YORK , May 8, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating LifeMD, Inc. (NASDAQ: LFMD) on behalf of the company's shareholders.  The investigation seeks to deter...

10 days ago - PRNewsWire

LifeMD Becomes the First Virtual Primary Care Provider to Elevate GLP-1 Patient Care with Real-time, At-Home Monitoring of Blood Pressure and Body Composition

LifeMD and Withings Health Solutions partnership exemplifies the potential of digital health technology to transform virtual patient care and improve outcomes LifeMD and Withings Health Solutions part...

16 days ago - GlobeNewsWire

LifeMD Appoints Dr. Calum MacRae to its Board of Directors

NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care services, today announced the appointment of Calum MacRae, M.D., Ph.D., a clinician...

19 days ago - GlobeNewsWire

LifeMD to Report First Quarter 2024 Financial Results on May 8

NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care services, announces that it will report financial results for the three months ende...

24 days ago - GlobeNewsWire

LifeMD Declares Quarterly Dividend on Series A Cumulative Perpetual Preferred Stock

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care services, today announced that its Board of Directors has authorized a cash dividen...

7 weeks ago - GlobeNewsWire

LifeMD to Participate in the 23rd Annual Needham Virtual Healthcare Conference

NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care services, announces that management will be participating in the 23rd Annual Needha...

7 weeks ago - GlobeNewsWire

LifeMD Reports Fourth Quarter 2023 Results

Fourth quarter revenue increased 60% year-over-year to $44.9 million with Telehealth revenues increasing 90% versus the year-ago period. Adjusted EPS of $0.15 per share compared with $0.02 in the year...

2 months ago - GlobeNewsWire

LifeMD to Participate in the 11th Annual BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference

NEW YORK, Jan. 31, 2024 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care, today announced its participation in the 11th Annual BTIG MedTech, Digital Health, ...

3 months ago - GlobeNewsWire

LifeMD to Participate in the Maxim Group 2024 Healthcare IT Virtual Conference

NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care, today announced its participation in the Maxim Group 2024 Healthcare IT Virtual Con...

4 months ago - GlobeNewsWire

LifeMD Stock Pops on Medifast Agreement. It's All About Weight-Loss Drugs.

The companies are teaming up to offer a ‘transformative weight management solution.'

Other symbols: MED
5 months ago - Barrons

LifeMD's stock soars 9.5% on news company is teaming up with Medifast to create weight-management program that includes GLP-1 drugs

LifeMD Inc.'s stock LFMD, +1.76% soared 9% early Wednesday, after the virtual primary care provider said it's teaming up with Medifast Inc. MED, +1.03%, a wellness company known for its habit-based an...

Other symbols: MED
5 months ago - Market Watch

Medifast Initiates Business Transformation by Entering the Medically Supported Weight Loss Market through Collaboration with LifeMD, a Virtual Primary Care Provider, and Adjusting its Capital Allocation Policy

BALTIMORE--(BUSINESS WIRE)--Medifast (NYSE: MED), the health and wellness company known for its habit-based and coach-guided lifestyle solution OPTAVIA®, today launched the first phase of its business...

Other symbols: MED
5 months ago - Business Wire

LifeMD and Medifast Partner to Offer Transformative Weight Management Solution

Collaboration will integrate LifeMD's telehealth platform and GLP-1 offering for medically qualified patients with OPTA VIA Coach-guided, healthy lifestyle solution

Other symbols: MED
5 months ago - GlobeNewsWire

LifeMD Executives to Participate in RWJBarnabas Health's Telehealth Symposium

NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. ™ (Nasdaq: LFMD), a leading provider of virtual primary care, today announced its participation in the RWJBarnabas Health Telehealth Symposium ...

5 months ago - GlobeNewsWire

LifeMD Reports Third Quarter 2023 Results; Record Revenue and Adjusted EBITDA

Revenue increased 23% year-over-year to $38.6 million with both telehealth and WorkSimpli achieving record revenues. Adjusted EPS of $0.08 per share compared with a loss of $0.03 in the year-ago perio...

6 months ago - GlobeNewsWire

Particle Health and LifeMD Demonstrate the Potential of Using Comprehensive Electronic Health Record Data to Triage Patients for GLP-1 Weight Management Therapy

Joint Research Study Proved Particle's Platform Can Help Providers Contextualize and Comprehend Patient Data to Improve Care and Identify Those Eligible for GLP-1 Treatment Joint Research Study Proved...

8 months ago - GlobeNewsWire

LifeMD and ASCEND Therapeutics Launch Integrated Direct-to-Consumer Telehealth Model for Hormone Therapy

NEW YORK, Sept. 21, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care services, today launched a partnership with ASCEND Therapeutics US, LLC, a subsidia...

8 months ago - GlobeNewsWire

LifeMD to Participate in Two Investor Conferences in September

NEW YORK, Aug. 30, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD) today announced that management will be participating in two upcoming investor conferences in September.

9 months ago - GlobeNewsWire

LifeMD Reports Second Quarter 2023 Results; Achieves Positive Free Cash Flow and Raises 2023 Revenue Guidance

Revenue grew 18% year-over-year to a record $35.9 million; telehealth net revenues increased 11% versus the first quarter of 2023. Achieved positive free cash flow, ahead of guidance.

10 months ago - GlobeNewsWire

LifeMD to Report Second Quarter 2023 Financial Results on August 9

NEW YORK, July 26, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care services, announces that it will report financial results for the three months ended...

10 months ago - GlobeNewsWire

LifeMD Elevates Successful GLP-1 Weight Management Program with Proprietary Platform Enhancements

Proprietary platform enhancements elevate LifeMD's GLP-1 weight management program with best-in-class clinician-directed care and personalized guidance Proprietary platform enhancements elevate LifeMD...

11 months ago - GlobeNewsWire

LifeMD Appoints William J. Febbo to its Board of Directors

NEW YORK, June 20, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care services, today announced the appointment of William (Will) J. Febbo, Chief Executiv...

11 months ago - GlobeNewsWire

LifeMD, Inc. to Present at the June 1st Virtual Investor Summit

New York, New York--(Newsfile Corp. - May 23, 2023) - LifeMD, Inc. (NASDAQ: LFMD), a leading direct-to-patient telehealth company, today announced that LifeMD management will participate in the virtua...

1 year ago - Newsfile Corp

LifeMD, Inc. Reports First Quarter 2023 Results; Record Revenues and Adjusted EBITDA

NEW YORK, May 12, 2023 (GLOBE NEWSWIRE) --   LifeMD, Inc. (NASDAQ: LFMD), a leading direct-to-patient telehealth company, reported results for the first quarter ended March 31, 2023. All figure compar...

1 year ago - GlobeNewsWire

LifeMD and HealthWarehouse.com Partner in Exclusive Telehealth Agreement

NEW YORK, May 08, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. (NASDAQ: LFMD), a leading provider of virtual primary care services, today announced that it has entered into an agreement to be the exclusive t...

1 year ago - GlobeNewsWire