Medifast, Inc. (MED)
NYSE: MED · IEX Real-Time Price · USD
18.64
-0.14 (-0.75%)
At close: Jul 19, 2024, 4:00 PM
19.01
+0.37 (1.98%)
Pre-market: Jul 22, 2024, 4:00 AM EDT
Medifast Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Medifast stock have an average target of 49.75, with a low estimate of 17.5 and a high estimate of 82. The average target predicts an increase of 166.90% from the current stock price of 18.64.
Analyst Consensus: Sell
* Price targets were last updated on Jun 5, 2024.
Analyst Ratings
The average analyst rating for Medifast stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold → Sell Downgrades $25 → $18 | Hold → Sell | Downgrades | $25 → $18 | -6.12% | Jun 5, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $40 → $25 | Hold | Maintains | $40 → $25 | +34.12% | Apr 30, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $67 → $40 | Hold | Maintains | $67 → $40 | +114.59% | Feb 21, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Initiates $82 | Hold | Initiates | $82 | +339.91% | Oct 13, 2023 |
| DA Davidson | DA Davidson | Hold Maintains $93 → $80 | Hold | Maintains | $93 → $80 | +329.18% | Aug 8, 2023 |
Financial Forecast
Revenue This Year
666.10M
from 1.07B
Decreased by -37.87%
Revenue Next Year
661.90M
from 666.10M
Decreased by -0.63%
EPS This Year
0.75
from 9.10
Decreased by -91.79%
EPS Next Year
1.58
from 0.75
Increased by 111.35%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 709.2M | 730.7M |
| Avg | 666.1M | 661.9M |
| Low | 630.7M | 602.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -33.8% | 9.7% |
| Avg | -37.9% | -0.6% |
| Low | -41.2% | -9.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.82 | 1.68 |
| Avg | 0.75 | 1.58 |
| Low | 0.69 | 1.50 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -91.0% | 124.5% |
| Avg | -91.8% | 111.4% |
| Low | -92.5% | 100.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.