Home Sectors Consumer Cyclical Latest Trend: MEDIFAST INC (NYSE: MED)

Latest Trend: MEDIFAST INC (NYSE: MED)

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MEDIFAST INC is in the retail apparel and specialty industry and is in the consumer cyclical sector. The company CEO is Daniel R. Chard. Medifast Inc is a health products manufacturer in the United States. It sells products such as meal replacements, snacks, hydration products and vitamins mainly through an online platform.

Previous Intraday Trading Performance:

The MED stock showed a previous change of -1.91% with an open at 142.40 and a close of 139.16. It reached an intraday high of 142.40 and a low of 137.65.

PR Newswire:  Medifast, Inc. Announces Quarterly Dividend

Liquidity:

The stock has a market cap of $1.7b with 11.9m shares outstanding, of which the float is 9.6m shares. Trading volume reached 163,405 shares compared to its average volume of 226,070 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, MEDIFAST INC shares returned 1.61% and in the past 30 trading days it returned -3.14%. Over three months, it changed 3.42%. In one year it has changed -7.27% and within that year its 52-week high was 260.98 and its 52-week low was 106.31. MED stock is 30.90% above its 52 Week Low.

Our calculations show a 200 day moving average of 156.37 and a 50 day moving average of 140.95. Currently MED stock is trading -11.00% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

PR Newswire:  Medifast, Inc. Announces Quarterly Dividend

Earnings:

The last annual fiscal EPS for the company was reported at 4.62 that ended on 31st of December 2018, which according to the previous close, that is a PE of 30.12. Based on 1 analyst estimate, the estimated EPS for the next quarter is 1.52. The TTM EPS is 4.61, which comes to a TTM PE of 30.19. Historically, the PE high was 114.00 and the PE low was 13.80. If the stock reached its PE low, that would represent a price of 63.61, which is a decrease of -54.29%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/01/2019): 1.70
4thQtr of 2018 (Reported on 02/26/2019): 1.30
3rdQtr of 2018 (Reported on 11/06/2018): 1.14
2ndQtr of 2018 (Reported on 08/02/2018): 1.16
1stQtr of 2018 (Reported on 05/03/2018): 1.01

The dividend per share is currently 3.00, which is a dividend yield of 2.16%.

Base on our calculations, the intrinsic value per share is 241.49, which means it is possibly undervalued and has a margin of safety of 42.38%.

Indicators to Watch:

Short-interest was 1,404,817, which was 11.81% of shares outstanding. The short-interest ratio or days-to-cover ratio was 5.25. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 0.82.

Business Wire:  Tredegar Reports First Quarter 2019 Results

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 54.58%, return on assets is 35.55%, profit margin is 11.32%, price-to-sales is 2.97 and price-to-book is 13.83.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 6  :Past Performance Score
 6  :Financial Strength Score
 5  :Future Growth Score
 2  :Dividend Score
 4  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.