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Medifast, Inc. (MED)

NYSE - NYSE Delayed Price. Currency in USD
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265.63+3.58 (+1.37%)
At close: 4:00PM EDT
265.63 0.00 (0.00%)
Pre-Market: 08:20AM EDT
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  • B
    Bin
    I thought for a company with such strong fundamentals the share price should not keep falling like this, so yesterday I called Medifast company, each time, one person transferrred me to the next with a different company name, when I was transferrred to the thrid person and I asked the same question, the guy told me Medifast was discontinued. I googled and found out this new company has discontinued Medifast product, what it should go from there I don't know. I was scared so I sold out all my MED stocks yesterday.
    Bearish
  • B
    Bin
    CEO of Medifast sold 15000 shares of MED stocks June 14, I saw insider trade, more selling than buying, not good sign at all of this stock. It is so sad. https://www.nasdaq.com/market-activity/stocks/med/insider-activity
  • m
    mike
    Amazed to see MED trending down. Almost a guaranteed beat every quarter which will turn this around prior to the release. This is a solid value today and I will be looking to buy, if we see low 200s.
    Bullish
  • D
    Deaconopolis
    MED will likely drop to 250ish and the rally. Hold on to those shares Longs.
  • S
    S
    why this selloff?
  • w
    whodidntante
    "As of March 31, 2021, there were 2,292,394 shares of the Company’s common stock eligible for repurchase under the Stock Repurchase Plan ... Plan does not have an expiration date ..."
    Bullish
  • B
    Burt
    Thank you whodidntante for trow I bought some yesterday here are my favorite med,hear,hli,ssrm,drd,gtbif,bx,fb,sbsw.
  • w
    whodidntante
    We may be seeing a flight to quality, and MED is definite quality...

    Hard to find debt free, cash rich, profitable, growing, reliable dividend and buying back shares to boot...

    $MED, $PETS, $TROW, $GRMN

    https://seekingalpha.com/instablog/50407148-whodidntante/5529253-no-real-debt-plenty-of-cash-dividend-hike
    Bullish
  • B
    Bryan
    Well this thing sure hit the deck with a thud
  • E
    Ex-Pathological Liar In Chief
    Another all time high on increased volume. Volume has been increasing as the stock continues to move into new high territory. Although I don't put a lot of weight on their opinions, of the 3 analysts that issue price targets on MED, the average price target is $363. would be nice to see that!!
    Bullish
  • S
    Steve
    Happy to be an owner now and a client. Family of three down over 100lbs in three months their stuff works and if you pay attention to the social media groups you can easily see demand is increasing very quickly but they need to fill orders or some people will drop out before they see the benefits.
    Bullish
  • B
    Burt
    any idea on why it is down over 10% in past 7 days.
  • w
    whodidntante
    "Also during the first quarter of 2021, the company used $7.5 million to repurchase shares of common stock and there are approximately 2.3 million shares remaining under the company's stock repurchase program."
    Bullish
  • E
    Ex-Pathological Liar In Chief
    Not much activity on this board. Anyone else catch the breakout in MED today? Great move; great profits so far!!
    Bullish
  • B
    Burt
    best growth and value in market
    Bullish
  • w
    whodidntante
    Geez, why do they spoil me so?

    o Revenue increased 90.9% to $340.7 million
    o Net income increased 122.2% to $41.1 million
    o Earnings per diluted share ("EPS") of $3.46, an increase of 121.8%
    Bullish
  • w
    whodidntante
    Oh, what a nice thing to see! Mr. Brown (a director) DRIP's just like me! ;)

    https://www.sec.gov/Archives/edgar/data/910329/000110465921064073/xslF345X03/tm2115816-1_4.xml
    Bullish
  • m
    mike
    $300 looks good on her! 💰
    Bullish
  • a
    adewole
    They had some interesting insights about MED on (http://Stocks-tracker.com). Definitely made me think twice about the company.
  • B
    Burt
    med is now down 20% in a bear mkt anybody have an idea why.