DA Davidson Downgrades Medifast to Underperform From Neutral With $17.50 Price Target (2024)

MEDIFAST, INC.

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MED

US58470H1014

Food Processing
Market Closed - Nyse

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21:00:02 07/06/2024 BST
5-day change 1st Jan Change
21.46 USD -1.78% DA Davidson Downgrades Medifast to Underperform From Neutral With $17.50 Price Target (2) -16.63% -68.07%
06-05 DA Davidson Downgrades Medifast to Underperform From Neutral With $17.50 Price Target MT
04-30 Medifast Shares Drop as Q1 Adjusted Earnings, Revenue Decline; Sets Q2 Guidance MT

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Latest news about Medifast, Inc.

DA Davidson Downgrades Medifast to Underperform From Neutral With $17.50 Price Target MT
Medifast Shares Drop as Q1 Adjusted Earnings, Revenue Decline; Sets Q2 Guidance MT
Wall Street Poised for Cautious Day Ahead of Key Numbers, Earnings, Fed Report MT
Top Premarket Decliners MT
North American Morning Briefing : More Earnings Roll In; Fed Decision Looms DJ
Transcript : Medifast, Inc., Q1 2024 Earnings Call, Apr 29, 2024
Earnings Flash (MED) MEDIFAST Reports Q1 EPS $0.66 MT
Earnings Flash (MED) MEDIFAST Reports Q1 Revenue $174.7M, vs. Street Est of $173.5M MT
Medifast, Inc. Provides Earnings Guidance for the Second Quarter of 2024 CI
Medifast, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Medifast, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Transcript : Medifast, Inc., Q4 2023 Earnings Call, Feb 20, 2024
Earnings Flash (MED) MEDIFAST Posts Q4 EPS $1.09, vs. Street Est of $0.96 MT
Earnings Flash (MED) MEDIFAST Reports Q4 Revenue $191M, vs. Street Est of $184.2M MT
Medifast Provides Earnings Guidance for the First Quarter of 2024 CI
Medifast, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023 CI
Health Care Climbs After Fed Policy Move -- Health Care Roundup DJ
Medifast, LifeMD Collaborate to Offer Weight Management Solution; Medifast Scraps Quarterly Dividend MT
Transcript : LifeMD, Inc., Medifast, Inc. - Special Call
Medifast's Board of Directors Elect to Discontinue the Company's Quarterly Cash Dividend CI
Medifast Initiates Business Transformation by Entering the Medically Supported Weight Loss Market through Collaboration with LifeMD, Inc CI
Tranche Update on Medifast, Inc.'s Equity Buyback Plan announced on December 9, 2013. CI
Medifast, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI
Transcript : Medifast, Inc., Q3 2023 Earnings Call, Nov 06, 2023
Earnings Flash (MED) MEDIFAST Posts Q3 Revenue $235.9M, vs. Street Est of $232.1M MT

Chart Medifast, Inc.

DA Davidson Downgrades Medifast to Underperform From Neutral With $17.50 Price Target (4)

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Company Profile

Medifast, Inc. is a health and wellness company. The Company provides a habit-based and coach-guided lifestyle solution OPTAVIA, which provides people with a comprehensive approach to help them achieve lasting optimal health and wellbeing. OPTAVIA's lifestyle plans deliver clinically proven health benefits as well as evidence-based tools, including scientifically developed products and a framework for habit creation reinforced by independent coaches and community support. Through a collaboration with the virtual primary care provider LifeMD, Inc (LifeMD), OPTAVIA customers have access to board-certified affiliated clinicians and medications, such as GLP-1s, that support treatment plans for obesity and other health conditions. OPTAVIA Coaches introduce customers to a set of healthy habits, and offer OPTAVIA-branded products, including Fuelings as well as OPTAVIA ACTIVE, a line of essential amino acid supplements and protein powders. Its operations are conducted through its subsidiaries.

Calendar

19/06/2024 - Annual General Meeting

Related indices

Russell 2000

More about the company

Income Statement Evolution

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Ratings for Medifast, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

DA Davidson Downgrades Medifast to Underperform From Neutral With $17.50 Price Target (5)

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

2

Last Close Price

21.46USD

Average target price

21.25USD

Spread / Average Target

-0.98%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

1st Jan change Capi.

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DA Davidson Downgrades Medifast to Underperform From Neutral With $17.50 Price Target (2024)

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