Kevin Byrnes - MEDIFAST INC Independent Director

MED Stock  USD 32.44  0.03  0.09%   

Director

Mr. Kevin G. Byrnes serves as Independent Director of Medifast, Inc. since May 23, 2013. Mr. Byrnes has more than 40 years of financial experience working in the retail and commercial banking industries. He was the Chairman of the Board of Bay Bank, with assets of approximately 500 million and 12 branches located in the Baltimore metropolitan area, from 2010 to 2015. Mr. Byrnes served as PresidentCOO and Director of Provident Bank from 2002 to 2009. Provident, acquired by MT Bank in May 2009, was the largest independent financial institution in the Maryland and Northern Virginia marketplaces at that time, with 6.5 billion in assets, 150 branches and 1, 600 employees. Prior to serving at Provident Bank, Mr. Byrnes spent 25 years with the Chase Manhattan Bank in various executive management positions. Mr. Byrnes began his career at Bankers Trust Co. in New York. Mr. Byrnes received a BBA from Pace University since 2013.
Age 73
Tenure 11 years
Address 100 International Drive, Baltimore, MD, United States, 21202
Phone410 581 8042
Webhttps://medifastinc.com
Byrnes brings to the Board extensive financial experience from his long career in the banking industry.

MEDIFAST INC Management Efficiency

The company has Return on Asset of 0.2524 % which means that on every $100 spent on assets, it made $0.2524 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.5577 %, implying that it generated $0.5577 on every 100 dollars invested. MEDIFAST INC's management efficiency ratios could be used to measure how well MEDIFAST INC manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.34. The current year's Return On Capital Employed is expected to grow to 0.61. At present, MEDIFAST INC's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 15.4 M, whereas Net Tangible Assets are forecasted to decline to about 125 M.
The company has 22.01 M in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. MEDIFAST INC has a current ratio of 1.26, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist MEDIFAST INC until it has trouble settling it off, either with new capital or with free cash flow. So, MEDIFAST INC's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MEDIFAST INC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MEDIFAST to invest in growth at high rates of return. When we think about MEDIFAST INC's use of debt, we should always consider it together with cash and equity.

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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 was founded in 1980 and is headquartered in Baltimore, Maryland. Medifast operates under Personal Services classification in the United States and is traded on New York Stock Exchange. It employs 984 people. MEDIFAST INC (MED) is traded on New York Stock Exchange in USA. It is located in 100 International Drive, Baltimore, MD, United States, 21202 and employs 634 people. MEDIFAST INC is listed under Personal Care Products category by Fama And French industry classification.

Management Performance

MEDIFAST INC Leadership Team

Elected by the shareholders, the MEDIFAST INC's board of directors comprises two types of representatives: MEDIFAST INC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MEDIFAST. The board's role is to monitor MEDIFAST INC's management team and ensure that shareholders' interests are well served. MEDIFAST INC's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MEDIFAST INC's outside directors are responsible for providing unbiased perspectives on the board's policies.
Margaret Sheetz, President COO, Director
Ming Xian, Independent Director
Brian Kagen, Chief Marketing Officer and Executive VP
Anthony Tyree, Chief Marketing Officer
Michael Hoer, Independent Director
Timothy Robinson, Chief Financial Officer
Jeffrey Brown, Lead Independent Director
Fran Lawler, Chief Human Resource Officer
Lauren Walker, Executive Vice President - Supply Chain Operations
Glenn Welling, Independent Director
Jason Esq, General VP
Jason Groves, Executive Vice President, General Counsel, Corporate Secretary
Joseph Kelleman, Interim Chief Financial Officer, Vice President - Finance
Charles Connolly, Independent Director
James Maloney, Chief Financial Officer, Interim Principal Accounting Officer
Tony Tyree, Chief Marketing Officer
Donald Gould, Executive VP of Information Technology
Michael MacDonald, Chairman, CEO and Chairman of Executive Committee
Jeanne City, Executive Vice President - Human Resources
Jonathan Mackenzie, Chief Accounting Officer
Daniel Chard, Executive Chairman of the Board, Chief Executive Officer
James CPA, Chief Officer
Mehrnaz Ameli, President - Take Shape For Life
Bill Baker, Executive Vice President Information Technology
William Baker, Executive Vice President Information Technology
Stephen Johnson, Chief Accounting Officer, Vice President - Finance
Andrea Thomas, Independent Director
Steven Zenker, Vice Relations
Scott Schlackman, Independent Director
Kevin Byrnes, Independent Director
Carl Sassano, Independent Director
Constance Hallquist, Independent Director
Nicholas Johnson, Executive Vice President - Coach Success, Market President of OPTAVIA USA
Claudia Greninger, Executive Vice President - Human Resources

MEDIFAST Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MEDIFAST INC a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether MEDIFAST INC is a strong investment it is important to analyze MEDIFAST INC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MEDIFAST INC's future performance. For an informed investment choice regarding MEDIFAST Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MEDIFAST INC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade MEDIFAST Stock refer to our How to Trade MEDIFAST Stock guide.
Note that the MEDIFAST INC information on this page should be used as a complementary analysis to other MEDIFAST INC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running MEDIFAST INC's price analysis, check to measure MEDIFAST INC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MEDIFAST INC is operating at the current time. Most of MEDIFAST INC's value examination focuses on studying past and present price action to predict the probability of MEDIFAST INC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MEDIFAST INC's price. Additionally, you may evaluate how the addition of MEDIFAST INC to your portfolios can decrease your overall portfolio volatility.
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Is MEDIFAST INC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MEDIFAST INC. If investors know MEDIFAST will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MEDIFAST INC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Dividend Share
4.95
Earnings Share
9.1
Revenue Per Share
98.498
Quarterly Revenue Growth
(0.43)
The market value of MEDIFAST INC is measured differently than its book value, which is the value of MEDIFAST that is recorded on the company's balance sheet. Investors also form their own opinion of MEDIFAST INC's value that differs from its market value or its book value, called intrinsic value, which is MEDIFAST INC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MEDIFAST INC's market value can be influenced by many factors that don't directly affect MEDIFAST INC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MEDIFAST INC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MEDIFAST INC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MEDIFAST INC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.