Medifast, Inc. (MED)
NYSE: MED · IEX Real-Time Price · USD
38.32
+0.79 (2.10%)
Mar 28, 2024, 4:00 PM EDT - Market closed
Medifast Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Medifast stock have an average target of 61, with a low estimate of 40 and a high estimate of 82. The average target predicts an increase of 59.19% from the current stock price of 38.32.
Analyst Consensus: Hold
* Price targets were last updated on Feb 21, 2024.
Analyst Ratings
The average analyst rating for Medifast stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
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 Maintains $67 → $40 | Hold | Maintains | $67 → $40 | +4.38% | Feb 21, 2024 |
Stephens & Co. | Stephens & Co. | Hold Initiates $82 | Hold | Initiates | $82 | +113.99% | Oct 13, 2023 |
DA Davidson | DA Davidson | Hold Maintains $93 → $80 | Hold | Maintains | $93 → $80 | +108.77% | Aug 8, 2023 |
DA Davidson | DA Davidson | Hold Maintains $75 → $93 | Hold | Maintains | $75 → $93 | +142.69% | Jul 31, 2023 |
DA Davidson | DA Davidson | Hold Maintains $94 → $71 | Hold | Maintains | $94 → $71 | +85.28% | May 2, 2023 |
Financial Forecast
Revenue This Year
701.29M
from 1.07B
Decreased by -34.58%
Revenue Next Year
763.31M
from 701.29M
Increased by 8.84%
EPS This Year
1.92
from 9.10
Decreased by -78.86%
EPS Next Year
3.16
from 1.92
Increased by 64.53%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 766.9M | 805.4M |
Avg | 701.3M | 763.3M |
Low | 645.1M | 729.6M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | -28.5% | 14.8% |
Avg | -34.6% | 8.8% |
Low | -39.8% | 4.0% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 2.05 | 3.83 |
Avg | 1.92 | 3.16 |
Low | 1.82 | 2.57 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | -77.5% | 99.1% |
Avg | -78.9% | 64.5% |
Low | -80.0% | 33.5% |
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.