LifeMD, Inc. (LFMD)

NASDAQ: LFMD · IEX Real-Time Price · USD
7.19
+0.10 (1.41%)
At close: Feb 20, 2024, 4:00 PM
7.05
-0.14 (-1.95%)
After-hours: Feb 20, 2024, 7:29 PM EST
1.41%
Market Cap 281.87M
Revenue (ttm) 135.81M
Net Income (ttm) -31.91M
Shares Out 39.20M
EPS (ttm) -0.98
PE Ratio n/a
Forward PE 22.83
Dividend n/a
Ex-Dividend Date n/a
Volume 276,561
Open 7.00
Previous Close 7.09
Day's Range 6.94 - 7.28
52-Week Range 1.14 - 9.11
Beta 1.32
Analysts Strong Buy
Price Target 9.50 (+32.13%)
Earnings Date Mar 20, 2024

About LFMD

LifeMD, Inc. operates as a direct-to-patient telehealth company that connects consumers to healthcare professionals for care across various indications, including urgent and primary care, men's and women's health, and dermatology, chronic care management, and others in the United States. The company provides ShapiroMD, a telehealth platform brand that offers access to virtual medical treatment, prescription medications, patented doctor formulated OTC products, topical compounded medications, and food and drug administration approved medical dev... [Read more]

Sector Healthcare
Founded 1994
Employees 199
Stock Exchange NASDAQ
Ticker Symbol LFMD
Full Company Profile

Financial Performance

In 2022, LifeMD's revenue was $119.03 million, an increase of 28.16% compared to the previous year's $92.88 million. Losses were -$48.64 million, -21.25% less than in 2021.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for LFMD stock is "Strong Buy." The 12-month stock price forecast is $9.5, which is an increase of 32.13% from the latest price.

Price Target
$9.5
(32.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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, ...

20 days 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 weeks ago - GlobeNewsWire

LifeMD Declares Quarterly Dividend on Series A Cumulative Perpetual Preferred Stock

NEW YORK, Dec. 26, 2023 (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 divide...

2 months ago - GlobeNewsWire

LifeMD expands telehealth GLP-1weight-loss service with Medifast

LifeMD Inc. NASDAQ: LFMD is a direct-to-consumer (DTC) comprehensive virtual healthcare platform. The company offers per-visit and membership plan pricing with no health insurance required.

Other symbols: MED
2 months ago - MarketBeat

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
2 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
2 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
2 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
2 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 ...

2 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...

3 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...

5 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...

5 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.

6 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.

6 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...

7 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...

8 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...

8 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...

9 months 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...

10 months 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...

10 months ago - GlobeNewsWire

LifeMD, Inc. to Announce First Quarter 2023 Financial Results on May 12, 2023

NEW YORK, May 03, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. (NASDAQ: LFMD), a rapidly growing direct-to-patient telehealth company, today announced that it will report its financial results for the first ...

10 months ago - GlobeNewsWire

LifeMD Launches New Features and Membership Plans to Improve Patient Experience and Broaden Access to Healthcare

NEW YORK, April 24, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. (NASDAQ: LFMD), a leading provider of virtual primary care services, today announced the launch of new membership plans that enable immediate ...

10 months ago - GlobeNewsWire

LifeMD, Inc. Reports Fourth Quarter/ Full Year 2022 Results; Achieves Consolidated Adjusted EBITDA Profitability

NEW YORK, March 22, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. (NASDAQ: LFMD), a leading direct-to-patient telehealth company, reported results for the fourth quarter and full year ended December 31, 2022....

11 months ago - GlobeNewsWire

LifeMD, Inc. Announces Closing of New $40 Million Credit Facility

NEW YORK, March 22, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. (NASDAQ: LFMD), a leading direct-to-patient telehealth company, today announced that the Company closed on a new senior secured credit facilit...

11 months ago - GlobeNewsWire

LifeMD, Inc. to Announce Fourth Quarter, Full Year 2022 Financial Results on March 22, 2023

NEW YORK, March 07, 2023 (GLOBE NEWSWIRE) -- LifeMD, Inc. (NASDAQ: LFMD), a rapidly growing direct-to-patient telehealth company, today announced that it will report its financial results for the four...

1 year ago - GlobeNewsWire