MEDIFAST INC (MED)

Last Closing Price: 32.47 (2024-04-18)

Company Description

Medifast is a leading manufacturer and distributor of clinically-proven healthy living products and programs. The company produces, distributes and sells weight loss, weight management and healthy living products throughits direct online channels as well as franchise weight control centers. The company boasts a diversified portfolio of consumable product options, which include bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serve, shakes, smoothies, soft bakes and soups. The company sells different types of products, which are formed on the basis of its proprietary formulas across the United States and the Asia-Pacific. The products are sold under brands such as the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape for Life and Flavors of Home. OPTAVIA product line is sold through its community of independent coaches who offer support and guidance to their clients.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $1.07B
Net Income (Most Recent Fiscal Year) $99.42M
PE Ratio (Current Year Earnings Estimate) 8.96
PE Ratio (Trailing 12 Months) 3.30
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 0.32
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.72
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 2.94
Pre-Tax Margin (Trailing 12 Months) 12.01%
Net Margin (Trailing 12 Months) 9.27%
Return on Equity (Trailing 12 Months) 56.06%
Return on Assets (Trailing 12 Months) 33.14%
Current Ratio (Most Recent Fiscal Quarter) 2.43
Quick Ratio (Most Recent Fiscal Quarter) 1.84
Debt to Common Equity (Most Recent Fiscal Quarter) 0.00
Inventory Turnover (Trailing 12 Months) 4.25
Book Value per Share (Most Recent Fiscal Quarter) $18.50
Earnings per Share (Most Recent Fiscal Quarter) $1.09
Earnings per Share (Most Recent Fiscal Year) $9.64
Diluted Earnings per Share (Trailing 12 Months) $9.11
Stock
Exchange NYSE
Sector Consumer Cyclical
Industry Personal Services
Common Shares Outstanding 10.90M
Free Float 10.67M
Market Capitalization $347.35M
Average Volume (Last 20 Days) 0.36M
Beta (Past 60 Months) 1.14
Percentage Held By Insiders (Latest Annual Proxy Report) 2.06%
Percentage Held By Institutions (Latest 13F Reports) 95.51%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%