Medifast Inc Stock Today

MED Stock  USD 18.44  0.16  0.88%   

Performance

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Odds Of Distress

Less than 3

 
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MEDIFAST INC is trading at 18.44 as of the 4th of October 2024, a 0.88 percent increase since the beginning of the trading day. The stock's lowest day price was 18.01. MEDIFAST INC has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for MEDIFAST INC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of October 2022 and ending today, the 4th of October 2024. Click here to learn more.
Business Domain
Household & Personal Products
IPO Date
31st of December 1993
Category
Consumer Cyclical
Classification
Consumer Staples
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. The company has 10.94 M outstanding shares of which 2.05 M shares are now shorted by investors with about 8.87 days to cover. More on MEDIFAST INC

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MEDIFAST Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanMichael MacDonald
Thematic IdeaFood Products (View all Themes)
Old Names[Medaphor Group Plc, Medgold Resources Corp, Dedalus France S. A., Medcomtech S. A., Merlin Diamonds Limited, Middle East Diamond Resources Ltd., Mediplantex National Pharmaceutical JSC]
Business ConcentrationPersonal Care Products, Household & Personal Products, Consumer Cyclical, NYSE Composite, Swiss Performance Extra, HNX MidSmall Cap, HNX, CAC Consumer Goods, CAC All Shares, Swiss Performance Index, Food Products, Consumer Staples, Personal Care Products, Personal Services, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.340.3208
Notably Up
Slightly volatile
Asset Turnover1.83.4593
Way Down
Slightly volatile
Gross Profit Margin0.540.7237
Way Down
Very volatile
Total Current Liabilities96.9 M92.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total16.9 M16.1 M
Sufficiently Up
Slightly volatile
Total Assets325.4 M309.9 M
Sufficiently Up
Slightly volatile
Total Current Assets235.2 M224 M
Sufficiently Up
Slightly volatile
Debt Levels
MEDIFAST INC can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MEDIFAST INC's financial leverage. It provides some insight into what part of MEDIFAST INC's total assets is financed by creditors.
Liquidity
MEDIFAST INC 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. Note however, debt could still be an excellent tool for MEDIFAST to invest in growth at high rates of return.

Change In Cash

3.79 Million
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. The company currently falls under 'Small-Cap' category with a total capitalization of 199.94 M. MEDIFAST INC runs under Personal Care Products sector within Consumer Staples industry. The entity has 10.94 M outstanding shares of which 2.05 M shares are now shorted by investors with about 8.87 days to cover. MEDIFAST INC has about 87.69 M in cash with 147.66 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.57.
Check MEDIFAST INC Probability Of Bankruptcy
Ownership Allocation
The market capitalization of MEDIFAST INC is $199.94 Million. The majority of MEDIFAST INC outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in MEDIFAST INC to benefit from reduced commissions. Thereupon, institutional holders are subject to a different set of regulations than regular investors in MEDIFAST INC. Please pay attention to any change in the institutional holdings of MEDIFAST INC as this could imply that something significant has changed or is about to change at the company. Also note that almost thirty-three thousand nine hundred six invesors are currently shorting MEDIFAST INC expressing very little confidence in its future performance.
Check MEDIFAST Ownership Details

MEDIFAST Stock Institutional Holders

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-06-30
271.4 K
Jane Street Group, Llc2024-06-30
262.9 K
Man Group Plc2024-06-30
241.8 K
State Street Corp2024-06-30
228.5 K
Susquehanna International Group, Llp2024-06-30
215.3 K
Federated Hermes Inc2024-06-30
215.1 K
American Century Companies Inc2024-06-30
198.7 K
Two Sigma Investments Llc2024-06-30
191.4 K
Qube Research & Technologies2024-06-30
177.2 K
Renaissance Technologies Corp2024-06-30
958.6 K
Blackrock Inc2024-06-30
829.2 K
View MEDIFAST INC Diagnostics

MEDIFAST INC Historical Income Statement

At present, MEDIFAST INC's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 678.4 M, whereas Extraordinary Items is projected to grow to (364.2 K). View More Fundamentals

MEDIFAST Stock Against Markets

MEDIFAST INC Corporate Directors

Ming XianIndependent DirectorProfile
Michael HoerIndependent DirectorProfile
Jeffrey BrownLead Independent DirectorProfile
Scott SchlackmanIndependent DirectorProfile

Additional Information and Resources on Investing in MEDIFAST Stock

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 closely tied 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.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Personal Care Products space 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
(0.79)
Earnings Share
2.68
Revenue Per Share
70.61
Quarterly Revenue Growth
(0.43)
Return On Assets
0.0699
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.