Medifast (MED)

• Market cap: $170M
• 1 day: -0.51%
• 5 days: -1.59%
• 1 month: -16.51%
• 3 months: -13.30%
• 6 months: -20.37%
• Year to date: -10.24%
• 1 year: -71.89%
• 5 years: -86.57%
• 10 years: -50.82%
• Sector: Consumer Staples
• Industry: Miscellaneous Food Preparations & Kindred Products

About: Medifast Inc is a United states based company that produces, distributes and sells products concerning weight loss, weight management, and healthy living. The company generates its revenue from point of sale transactions executed over an e-commerce platform for weight loss, weight management, and other consumable health and nutritional products.

Employees: 634

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

120% more call options, than puts

Call options by funds: $11.1M | Put options by funds: $5.04M

11% less funds holding

Funds holding: 157 [Q2] → 140 (-17) [Q3]

14.36% less ownership

Funds ownership: 98.64% [Q2] → 84.29% (-14.36%) [Q3]

25% less capital invested

Capital invested by funds: $235M [Q2] → $177M (-$59M) [Q3]

37% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 38

46% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 54

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $17 10% upside
• Avg. target: $17 10% upside
• High target: $17 10% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

DA Davidson Linda Bolton Weiser 38% 1-year accuracy 39 / 104 met price target

10% upside $17

Neutral Upgraded

5 Nov 2024