Medifast, Inc. (MED)

NYSE: MED · IEX Real-Time Price · USD
203.96 1.13 (0.56%)
Jan 14, 2022 4:00 PM EST - Market closed
Market Cap2.37B
Revenue (ttm)1.41B
Net Income (ttm)158.00M
Shares Out11.62M
EPS (ttm)13.34
PE Ratio15.29
Forward PEn/a
Dividend$5.68 (2.78%)
Ex-Dividend DateDec 20, 2021
Volume75,503
Open200.92
Previous Close202.83
Day's Range199.11 - 205.49
52-Week Range184.48 - 336.99
Beta1.44
AnalystsStrong Buy
Price Target348.00 (+70.6%)
Earnings DateNov 4, 2021

About MED

Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. It offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home brands. The company markets its products through point o...

IndustryPersonal Products
Founded1980
CEODaniel Chard
Employees713
Stock ExchangeNYSE
Ticker SymbolMED
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for Medifast stock is "Strong Buy." The 12-month stock price forecast is 348.00, which is an increase of 70.62% from the latest price.

Price Target
$348.00
(70.62% upside)
Analyst Consensus: Strong Buy

News

Is Medifast (MED) a Solid Growth Stock? 3 Reasons to Think " Yes "

Medifast (MED) possesses solid growth attributes, which could help it handily outperform the market.

3 days ago - Zacks Investment Research

What Makes Medifast (MED) a New Buy Stock

Medifast (MED) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

3 days ago - Zacks Investment Research

Is Medifast (MED) Stock Outpacing Its Consumer Staples Peers This Year?

Here is how Medifast (MED) and SunOpta (STKL) have performed compared to their sector so far this year.

1 week ago - Zacks Investment Research

Medifast, Inc. to Present at the 2022 ICR Conference

BALTIMORE, Dec. 29, 2021 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, announced today that Dan Chard, Chair...

2 weeks ago - PRNewsWire

Medifast (MED) Gains on OPTAVIA Strength, SG&A Costs Rise

Medifast (MED) has been gaining on strength of its OPTAVIA lifestyle solution and coaching support system, which was a major driver in the third quarter.

3 weeks ago - Zacks Investment Research

Less than Half of U.S. Adults Plan on Setting 2022 New Year's Resolutions

BALTIMORE, Dec. 13, 2021 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, today released findings from a new survey* ...

1 month ago - PRNewsWire

Medifast Named to FORTUNE's 2021 Fastest-Growing Companies List

BALTIMORE, Dec. 10, 2021 /PRNewswire/ -- Medifast  (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA ®, today announced that it was named to FORT...

1 month ago - PRNewsWire

Medifast, Inc. Announces Quarterly Dividend

BALTIMORE, Dec. 8, 2021 /PRNewswire/ --  Medifast, Inc. (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities,  OPTAVIA® , announced today that its Board of D...

1 month ago - PRNewsWire

4 Stocks That Look Like Potential Bargains

As of Nov. 18, the following stocks look underestimated by the market, as their price-earnings ratios without non-recurring items (NRI) trade below 20 while their price-earnings to growth (PEG) ratios t...

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1 month ago - GuruFocus

Should Value Investors Pick Medifast (MED) Stock Now?

Is Medifast (MED) a great pick from the value investor's perspective right now? Read on to know more.

2 months ago - Zacks Investment Research

Medifast (MED) Raises View on Q3 Earnings & Revenue Beat

Medifast's (MED) third-quarter 2021 results reflect stellar earnings and revenues, courtesy of continued strength in OPTAVIA. Management raises earnings per share and revenue guidance for 2021.

2 months ago - Zacks Investment Research

Medifast (MED) Q3 Earnings and Revenues Surpass Estimates

Medifast (MED) delivered earnings and revenue surprises of 21.92% and 1.40%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Medifast, Inc. Announces Third Quarter 2021 Financial Results

BALTIMORE, Nov. 4, 2021 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities,  OPTAVIA® , today reported results for the third...

2 months ago - PRNewsWire

Factors to Consider as Medifast (MED) Gears Up for Q3 Earnings

Medifast's (MED) third-quarter results are likely to reflect gains from the OPTAVIA lifestyle solution and coaching support system, though high costs are a concern.

2 months ago - Zacks Investment Research

Medifast (MED) Earnings Expected to Grow: Should You Buy?

Medifast (MED) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Medifast, Inc. to Announce Financial Results for the Third Quarter Ended September 30, 2021

BALTIMORE, Oct. 21, 2021 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, will announce financial results for t...

2 months ago - PRNewsWire

Medifast's (MED) OPTAVIA System a Key Driver, SG&A Costs High

Medifast (MED) has long been gaining on the strength of its OPTAVIA lifestyle solution and coaching support system, while rising SG&A costs are a worry.

3 months ago - Zacks Investment Research

Medifast and its OPTAVIA Community Promote Healthy Habits around the World with Third Annual Philanthropic Event

BALTIMORE, Oct. 11, 2021 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one the fastest-growing health and wellness communities, OPTAVIA ®, hosted its third annual Healthy Habits For Al...

3 months ago - PRNewsWire

3 Top Stocks With Upsides Over 50%, According to Wall Street Analysts

When looking for top stocks, instead of traditional valuation measures, look at stocks trading well below their upside potential. The post 3 Top Stocks With Upsides Over 50%, According to Wall Street An...

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3 months ago - InvestorPlace

7 Consumer Stocks That Are Also Serving Up Delicious Dividends

This collection of consumer stocks combines growth potential with a solid dividend track record. Here's why each should be on your radar.

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3 months ago - InvestorPlace

Medifast (MED) Worth Relishing on OPTAVIA Strength, Growth Plans

Medifast (MED) has been benefiting from its OPTAVIA lifestyle solution and coaching support system as well as focus on capacity expansion and technological advancements.

3 months ago - Zacks Investment Research

81% of U.S. Adults Value Support from Someone with Similar Experiences when Creating Healthy Habits

BALTIMORE, Sept. 15, 2021 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one the fastest-growing health and wellness communities, OPTAVIA®, released findings from back-to-back surveys d...

4 months ago - PRNewsWire

Has MEDIFAST INC (MED) Outpaced Other Consumer Staples Stocks This Year?

Is (MED) Outperforming Other Consumer Staples Stocks This Year?

4 months ago - Zacks Investment Research

Medifast, Inc. to Present at the Jefferies Virtual Fitness & Wellness Summit

BALTIMORE, Sept. 7, 2021 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, announced today that Dan Chard, Chair...

4 months ago - PRNewsWire

Why Is Medifast (MED) Down 10.8% Since Last Earnings Report?

Medifast (MED) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research