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Medifast, Inc. (MED)

NYSE: MED · Delayed Price · USD
209.00
+0.27 (0.13%)
Pre-market:Sep 24, 2021 5:16 AM EDT
208.73
0.52 (0.25%)
At close: Sep 23, 4:00 PM
Market Cap2.45B
Revenue (ttm)1.27B
Net Income (ttm)150.47M
Shares Out11.75M
EPS (ttm)12.68
PE Ratio16.47
Forward PEn/a
Dividend$5.10 (2.44%)
Ex-Dividend DateSep 20, 2021
Volume150,282
Open209.26
Previous Close208.21
Day's Range207.96 - 212.22
52-Week Range136.29 - 333.01
Beta1.41
AnalystsStrong Buy
Price Target363.33 (+74.1%)
Est. Earnings DateNov 2, 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

In 2020, Medifast's revenue was $934.84 million, an increase of 30.99% compared to the previous year's $713.67 million. Earnings were $102.86 million, an increase of 32.01%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for Medifast stock is "Strong Buy." The 12-month stock price forecast is 363.33, which is an increase of 74.07% from the latest price.

Price Target
$363.33
(74.07% upside)
Analyst Consensus: Strong Buy

News

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.

2 days 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...

1 week ago - PRNewsWire

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

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

1 week ago - Zacks Investment Research

Medifast, Inc. Announces Quarterly Dividend

BALTIMORE, Sept. 9, 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 ...

2 weeks ago - PRNewsWire

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...

2 weeks 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?

2 weeks ago - Zacks Investment Research

3 of the Best Efficient Stocks to Boost Your Portfolio

Delta Apparel (DLA), MEDIFAST (MED) & Service Corporation International (SCI) are at present the three top efficient stocks that need to be added to your portfolio.

Other symbols:DLASCI
2 weeks ago - Zacks Investment Research

Medifast (MED) Looks Tempting: Rallies More Than 35% in a Year

Medifast (MED) has been benefiting from the strength of its OPTAVIA lifestyle solution and coaching support system as well as strategic growth endeavors like technological advancements.

3 weeks ago - Zacks Investment Research

3 Reasons Why Growth Investors Shouldn't Overlook Medifast (MED)

Medifast (MED) could produce exceptional returns because of its solid growth attributes.

3 weeks ago - Zacks Investment Research

5 Top-Ranked Liquid Stocks to Bet on for Higher Returns in 2021

Here are five top-performing liquid stocks, Deckers (DECK), Medifast (MED), Textron (TXT), Terex (TEX) and Sonos (SONO), which investors can consider for healthy returns.

Other symbols:DECKSONOTEXTXT
1 month ago - Zacks Investment Research

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

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

1 month ago - Zacks Investment Research

Buy 5 Top-Ranked Efficient Stocks for a Solid Portfolio

MEDIFAST (MED), Smith & Wesson Brands (SWBI), Encore Wire (WIRE), Cavco Industries (CVCO) & Apple (AAPL) at present flaunt solid efficiency levels and are thus believed to provide stellar returns in the...

Other symbols:AAPLCVCOSWBIWIRE
1 month ago - Zacks Investment Research

Medifast (MED) Loses 13.7% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for Medifast (MED) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in r...

1 month ago - Zacks Investment Research

Medifast (MED) Fuels Digital Growth With OPTAVIA App Launch

Medifast (MED) launches the OPTAVIA app, which is likely to enhance Clients' experience with Lean & Green recipes, along with access to past order record and account information among other things.

1 month ago - Zacks Investment Research

OPTAVIA® App Launches, One of First Innovations Coming Out of New Office Focused on Digital Experience

BALTIMORE, Aug. 11, 2021 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, has announced the launch of the OPTAVIA app...

1 month ago - PRNewsWire

5 Top Rated Stocks to Pick With Solid Net Profit Margins

Let's take a look at the five top ranked stocks with stellar net profit margins for a winning portfolio.

Other symbols:BSETGSLMLIPIPR
1 month ago - Zacks Investment Research

5 Top-Performing Liquid Stocks to Snap Up for Higher Returns

Here are five top-ranked liquid stocks, Magnolia Oil & Gas (MGY), Medifast (MED), Textron (TXT), ConocoPhillips (COP) and Steven Madden (SHOO), which investors can consider for attractive returns.

Other symbols:COPMGYSHOOTXT
1 month ago - Zacks Investment Research

Medifast (MED) Surpasses Q2 Earnings & Revenue Estimates

Strength in independent OPTAVIA Coaches along with gross margin expansion and lower SG&A expense rate aids Medifast (MED) in Q2.

1 month ago - Zacks Investment Research

Medifast (MED) Surpasses Q2 Earnings and Revenue Estimates

Medifast (MED) delivered earnings and revenue surprises of 20.00% and 7.70%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Medifast, Inc. Announces Second Quarter 2021 Financial Results

BALTIMORE, Aug. 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 secon...

1 month ago - PRNewsWire

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.

1 month ago - Zacks Investment Research

OPTAVIA® Community Reunites as Global Convention Returns with Hybrid Format

BALTIMORE, Aug. 2, 2021 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA ®, held its annual OPTAVIA Convention last wee...

1 month ago - PRNewsWire

Medifast (MED) Queued for Q2 Earnings: Key Things to Note

Medifast's (MED) second-quarter 2021 results are likely to reflect continued strength in OPTAVIA lifestyle solution and coaching support system.

1 month ago - Zacks Investment Research

Medifast (MED) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Medifast (MED) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Why Medifast (MED) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Medifast (MED) have what it takes?

1 month ago - Zacks Investment Research