Summary
Medifast (MED) Loses 18.9% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
The heavy selling pressure might have exhausted for Medifast (MED) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Medifast (MED) Down 5.1% Since Last Earnings Report: Can It Rebound?
Medifast (MED) reported earnings 30 days ago. What's next for the stock?
Is MEDIFAST (MED) Stock Outpacing Its Consumer Staples Peers This Year?
Here is how Medifast (MED) and New York Times Co. (NYT) have performed compared to their sector so far this year.
Medifast Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Joseph Castro Nuveen LLC | 24,141 | $324,937.21 | $257,343.06 | -$67,594.15 | -20.8% |
 Bobby Adusumilli SJS Investment Consulting Inc. | 21 | $213.99 | $224.91 | $10.92 | 5.1% |
 Brian Goldenberg Divisadero Street Capital Management LP | 79,839 | $1.12M | $854,277.3 | -$267,460.65 | -23.84% |
 Ana-Maria Ignat Covestor Ltd | 83 | $874.68 | $883.95 | $9.27 | 1.06% |
 Jonathan Straus Commons Capital LLC | 38,000 | $784,795.4 | $404,700 | -$380,095.4 | -48.43% |
Medifast Inc. (MED) FAQ
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Medifast Inc. Profile
| Personal Care Products Industry | Consumer Staples Sector | Daniel R. Chard CEO | NYSE Exchange | 58470H101 CUSIP |
| US Country | 380 Employees | 7 Nov 2023 Last Dividend | - Last Split | 31 Dec 1993 IPO Date |
Overview
Medifast, Inc. operates as a diversified health and wellness company, focused on manufacturing and selling a broad range of weight loss, weight management, and healthy living products. The company, with a strong foundation laid in 1980, runs its operations primarily across the United States and the Asia-Pacific regions. Strengthened by a network of subsidiaries, Medifast is known for its innovative approach to health and wellness products, promoting healthier living standards through its dedicated offerings. The strategic headquarters situated in Baltimore, Maryland, acts as a central hub for orchestrating its vast array of services and pushing the envelope in the health sector. Medifast’s approach to market its offerings extends beyond traditional point-of-sale transactions, incorporating a robust e-commerce platform that widens its reach and accessibility to a global consumer base.
Products and Services
Medifast, Inc. has developed a comprehensive product line under the OPTAVIA, OPTAVIA ACTIVE, and Optimal Health brand names, catering to diverse consumer needs for weight loss, weight management, and healthy lifestyle needs:
- Bars, Puffs, Cereal, Crunchers: These snack options are crafted for optimal nutrition and convenience, providing a healthy alternative to traditional snacking while being rich in essential nutrients and low in calories.
- Drinks, Hearty Choices, Oatmeal, Pancakes: Offering a variety of flavors and options, these breakfast and drink alternatives are designed to kickstart the day with a balanced meal that is both fulfilling and nutritionally enriching.
- Pudding, Soft Serve, Shakes, Smoothies: Designed for those with a sweet tooth, these dessert and smoothie options allow for indulgence without deviating from health goals, integrating seamlessly into a balanced dietary regimen.
- Soft Bakes, Soups: Comfort food options that don’t compromise on nutritional value, offering a sense of satiety and satisfaction without the excess calories found in traditional comfort foods.
