Medifast, Inc. (MED)

Market Cap	193.44M
Revenue (ttm)	674.48M
Net Income (ttm)	7.33M
Shares Out	10.65M
EPS (ttm)	0.67
PE Ratio	27.28
Forward PE	n/a
Dividend	$6.60 (36.34%)
Ex-Dividend Date	Sep 18, 2023

Volume	172,425
Open	17.18
Previous Close	17.32
Day's Range	17.18 - 18.21
52-Week Range	17.07 - 76.42
Beta	1.16
Analysts	Hold
Price Target	17.00 (-6.39%)
Earnings Date	Nov 4, 2024

About MED

Medifast, Inc., through its subsidiaries, engages in the manufacture and sale of weight loss, weight management, and healthy living products in the United States and the Asia-Pacific. It offers bars, puffs, cereal, crunchers, drinks, hearty choices, oatmeal, pancakes, pudding, soft serve, shakes, smoothies, soft bakes, and soups under the OPTAVIA, OPTAVIA ACTIVE, and Optimal Health brand names. The company markets its products through point-of-sale transactions, as well as through ecommerce platform. Medifast, Inc. was founded in 1980 and is he...

• Industry: Personal Services
• Sector: Consumer Discretionary
• Founded: 1980
• Employees: 634
• Stock Exchange: NYSE
• Ticker Symbol: MED
• Website: https://medifastinc.com

Financial Performance

In 2023, Medifast's revenue was $1.07 billion, a decrease of -32.94% compared to the previous year's $1.60 billion. Earnings were $99.42 million, a decrease of -30.75%.

Analyst Forecast

According to one analyst, the rating for MED stock is "Hold" and the 12-month stock price forecast is $17.0.

Price Target

$17.0

(-6.39% downside)

Analyst Consensus: Hold