90.46 +0.01 (0.01%)
After hours: 4:44PM EDT
|Bid||88.21 x 100|
|Ask||92.68 x 100|
|Day's Range||89.20 - 92.13|
|52 Week Range||40.00 - 92.91|
|PE Ratio (TTM)||39.50|
|Forward Dividend & Yield||1.92 (2.13%)|
|1y Target Est||N/A|
Investors target stocks that have been on a bullish run lately. Actually, stocks seeing price strength have a high chance of carrying the momentum forward.
The Baltimore wellness and dieting company's stock reached an all-time high of $90, a day after the company's earnings in the fourth quarter beat Wall Street estimates. Sales also rose 25 percent to $78 million, compared to $62.5 million in the prior-year quarter. Both totals beat Thomson Financial Network's projections of earnings of 48 cents per share and sales of $73.4 million.
Medifast Inc.'s profit increased 78 percent in the fourth quarter, while also announcing the departure of an activist investor who successfully led a management shakeup at the company. Medifast also announced the resignation of activist investor Glenn Welling from the board of directors. Welling, the founder and chief of investment officer of California-based Engaged Capital, took a stake in Medifast in 2015 and spearheaded an overhaul of the company's board.
Medifast Inc. will begin selling some of its products in Asia next year as the company steps up its international expansion efforts. The Baltimore-based weight-loss company announced Wednesday it will begin selling wellness products under its Optavia brand in Hong Kong and Singapore in the first half of 2019. Medifast plans to invest $3 million to $5 million in market preparation and development this year.
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Over the past 2 years, Medifast Inc (NYSE:MED)Read More...
Feb 28 (Reuters) - Medifast Inc: * MEDIFAST ANNOUNCES GLOBAL EXPANSION WITH ITS LIFESTYLE BRAND, OPTAVIA® * MEDIFAST - EXPANDING INTO ASIA-PACIFIC MARKETS OF HONG KONG & SINGAPORE IN 1H 2019 WITH LIFESTYLE ...
Weight Watchers International, Inc. (NYSE:WTW) has enjoyed an impressive run. After years of revenue and earnings declines, a celebrity endorsement and investment stake by Oprah Winfrey turned the company around. Given the sizeable upward move, I believe the time has come to shed Weight Watchers stock from investor diets.
Solid growth initiatives to combat the weak food industry backdrop while steady performance and healthy growth prospects should help Medifast (MED) to grow further.
General Mills, Inc. (GIS) delivered in-line earnings in the second-quarter of fiscal 2018. Meanwhile, the top line came ahead of the Zacks Consensus Estimate after missing the same in three of the last four quarters.
Important news for shareholders and potential investors in Medifast Inc (NYSE:MED): The dividend payment of $0.48 per share will be distributed into shareholder on 08 February 2018, and the stockRead More...
Zacks.com featured highlights: Sprouts Farmers Market, AllianceBernstein, Landstar System, Medifast and Ross Stores
Medifast Inc. reported an almost 10 percent increase in profit in the third quarter and beat Wall Street expectations. Analysts polled by the Thomson Financial Network projected earnings per share of 51 cents. For the third quarter, Medifast (MED) revenue increased 12.6 percent to $77.2 million from $68.6 million a year ago.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Medifast, Inc. Here are 5 ETFs with the largest exposure to MED-US. Comparing the performance and risk of Medifast, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)