Monday, September 25, 2006 7:42:39 AM ET
Ryan, Beck & Co
NEW YORK, September 25 (newratings.com) - Analyst Mark Rupe of Ryan Beck & Co initiates coverage of Medifast Inc (MDF.ETR) with an "outperform" rating. The target price is set to $11.
In a research note published this morning, the analyst mentions that the company is expected to be able to generate 20%-30% revenue and EPS growth per annum for the next several years. Growth in the near term is likely to be driven mostly by Medifast’s direct-to-consumer and network marketing channels, with an increase in media spend, the analyst says. The company is also expected to witness continued growth in its weight loss business, Ryan Beck & Co adds.
Recent MED News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/17/2024 10:06:26 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/05/2024 08:50:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/05/2024 08:16:24 PM
- Medifast Announces Second Quarter 2024 Financial Results • Business Wire • 08/05/2024 08:05:00 PM
- Medifast to Announce Financial Results for the Second Quarter Ended June 30, 2024 • Business Wire • 07/22/2024 08:05:00 PM
- Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 07/08/2024 08:32:39 PM
- Medifast Named as One of The “Best Companies To Work For” by U.S. News & World Report • Business Wire • 06/17/2024 12:00:00 PM
- KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 • PR Newswire (US) • 06/07/2024 10:09:00 PM
- Medifast Continues Business Transformation, Launching National Marketing Campaign Promoting its Holistic Offering for Customers Utilizing and Considering Weight Loss Medications • Business Wire • 05/20/2024 12:00:00 PM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 05/08/2024 08:58:39 PM
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- Medifast Announces First Quarter 2024 Financial Results • Business Wire • 04/29/2024 08:05:00 PM
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 09:24:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/20/2024 10:23:36 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/20/2024 09:50:57 PM
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