Medifast, Inc. (MED)
| Market Cap | 1.32B |
| Revenue (ttm) | 1.64B |
| Net Income (ttm) | 151.07M |
| Shares Out | 10.96M |
| EPS (ttm) | 13.21 |
| PE Ratio | 9.19 |
| Forward PE | n/a |
| Dividend | $6.34 (5.22%) |
| Ex-Dividend Date | Sep 19, 2022 |
| Volume | 104,561 |
| Open | 121.58 |
| Previous Close | 120.48 |
| Day's Range | 120.53 - 123.56 |
| 52-Week Range | 96 - 222 |
| Beta | 1.20 |
| Analysts | Buy |
| Price Target | 283.56 (+133.5%) |
| Earnings Date | Nov 3, 2022 |
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. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecomme... [Read more]
Financial Performance
In 2021, Medifast's revenue was $1.53 billion, an increase of 63.25% compared to the previous year's $934.84 million. Earnings were $164.03 million, an increase of 59.47%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for MED stock is "Buy." The 12-month stock price forecast is 283.56, which is an increase of 133.48% from the latest price.
News
7 Dividend Stocks to Buy and Hold Forever
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Medifast Named to the 2022 FORTUNE 100 Fastest-Growing Companies List
Company Recognized for Fourth Straight Year and is One of Only 24 Returning from the 2021 List BALTIMORE , Nov. 16, 2022 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastes...
Buy This Undervalued Stock Before Everyone Else Does
The average analyst 12-month price target of the nutrition and weight loss stock works out to a mind-boggling 171% upside.
Medifast (MED) Cuts View Despite Q3 Earnings Beat, Stock Down
Medifast's (MED) third-quarter 2022 results reflect reduced Coach productivity and cost inflation. Management curtails guidance.
Medifast Announces Third Quarter 2022 Financial Results
BALTIMORE , Nov. 3, 2022 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA® , today reported results for the third quar...
Medifast's OPTAVIA Program Named #1 Weight Loss Program in the U.S. by Revenue for 2021*
BALTIMORE , Nov. 2, 2022 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTA VIA®, today announced it was recognized by Eurom...
Medifast's (MED) Q3 Earnings Upcoming: Things Worth Noting
Medifast's (MED) third-quarter 2022 results are likely to reflect cost-related challenges, whereas strength in the OPTAVIA lifestyle solution and coaching support system bodes well.
New Medifast Survey Identifies Factors Associated with Successful Long-Term Weight Loss
BALTIMORE , Oct. 24, 2022 /PRNewswire/ -- Medifast (NYSE: MED) the global company behind one of the fastest-growing health and wellness communities, OPTAVIA ®, recently published "Healthy Habits Associ...
Medifast to Announce Financial Results for the Third Quarter Ended September 30, 2022
BALTIMORE , Oct. 20, 2022 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTA VIA® , will announce financial results for the ...
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Medifast Launches Free Nationwide K-5 Curriculum Promoting Healthy Habits
BALTIMORE , Sept. 22, 2022 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTA VIA ®, announced today the launch of its "Heal...
Losing Weight Is Losing Ground in the Stock Market
Weight-loss and nutrition companies have lost half or more of their value in the past year despite expectations of a postpandemic boom.
Medifast Announces Quarterly Dividend
BALTIMORE , Sept. 8, 2022 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA® , announced today that its Board of Direct...
Medifast, Inc. to Present at the Jefferies Virtual Fitness & Wellness Summit
BALTIMORE , Sept. 8, 2022 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA® , announced today that Dan Chard, Cha...
Why Is Medifast (MED) Down 19.8% Since Last Earnings Report?
Medifast (MED) reported earnings 30 days ago. What's next for the stock?
Medifast (MED) Down More Than 20% in 3 Months on Cost Woes
Medifast (MED) has been seeing high SG&A expenses and escalated raw material costs. The company expects short-term margin pressure in 2022 due to inflation and continued investments.
Medifast (MED) Q2 Earnings Top Estimates, Guidance Lowered
Medifast's (MED) second-quarter 2022 results reflect increased active earning OPTAVIA Coaches and elevated costs. Management cuts guidance for 2022 due to inflation.
Medifast (MED) Surpasses Q2 Earnings Estimates
Medifast (MED) delivered earnings and revenue surprises of 17.99% and 2%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Medifast Announces Second Quarter 2022 Financial Results and Updated Outlook
BALTIMORE , Aug. 3, 2022 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA® , today reported results for the second qua...
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Medifast (MED) is a Top Dividend Stock Right Now: Should You Buy?
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?
Over 17,000 Registered for Flagship OPTAVIA Event Following Year of Rapid Growth
Immersive event dedicated to shaping the future of Optimal Health draws sold-out crowd in Atlanta BALTIMORE , July 25, 2022 /PRNewswire/ -- Medifast (NYSE: MED), the global company behind one of the fas...
Medifast Announces New Scientific Advisory Board Appointments
Expansion of expert panel builds on company's strong scientific heritage as it sets sights on broader $230 billion health and wellness industry BALTIMORE , July 21, 2022 /PRNewswire/ -- Medifast (NYSE: ...
This is Why Medifast (MED) is a Great Dividend Stock
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?
Is MEDIFAST (MED) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...