While Medifast Inc has overperformed by 1.31%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MED fell by -71.96%, with highs and lows ranging from $109.52 to $24.98, whereas the simple moving average fell by -59.34% in the last 200 days.
On October 13, 2023, Stephens started tracking Medifast Inc (NYSE: MED) recommending Equal-Weight. A report published by DA Davidson on November 04, 2022, Downgraded its rating to ‘Neutral’ for MED. Jefferies also Downgraded MED shares as ‘Hold’, setting a target price of $150 on the company’s shares in a report dated August 04, 2022. Jefferies January 25, 2021d the rating to Buy on January 25, 2021, and set its price target from $205 to $265. DA Davidson November 05, 2020d its ‘Neutral’ rating to ‘Buy’ for MED, as published in its report on November 05, 2020. B. Riley FBR’s report from June 25, 2020 suggests a price prediction of $164 for MED shares, giving the stock a ‘Buy’ rating. Jefferies also rated the stock as ‘Hold’.
Analysis of Medifast Inc (MED)
Investors in Medifast Inc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $3.30 per share. Further, the quarter-over-quarter decrease in sales is -49.93%, showing a negative trend in the upcoming months.
One of the most important indicators of Medifast Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 35.49% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.25, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and MED is recording 450.77K average volume. On a monthly basis, the volatility of the stock is set at 5.16%, whereas on a weekly basis, it is put at 6.95%, with a loss of -7.34% over the past seven days. Furthermore, long-term investors anticipate a median target price of $25.00, showing decline from the present price of $25.51, which can serve as yet another indication of whether MED is worth investing in or should be passed over.
How Do You Analyze Medifast Inc Shares?
The Personal Services market is dominated by Medifast Inc (MED) based in the USA. When comparing Medifast Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 4.11, there is a growth in quarterly earnings of -79.31%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.67%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 94.51% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
MED shares are owned by institutional investors to the tune of 94.51% at present.
