Likely panic selling accelerated and capping with Friday's (Feb. 9) overall market pullback:
P/E
19.23 Medifast
27.03 Weight Watcher's International
22.76 NutriSystem
N/A Ediets.com
Good volume / low float combination.
MED O/S at 13.55 million. Float at 11.17 million.
Established history in industry 27 years. FDA approved.
3Q profit doubled with 79% revenue increase:
New products recently added with aggressive promotion.
Most recently initiated analyst rating, January 19, 2007, @buy with target price of $16.00.
http://www.sec.gov/cgi-bin/browse-edgar?company=Medifast+Inc&CIK=&filenum=&State=&SI....
http://finance.yahoo.com/q/ks?s=MED
http://finance.yahoo.com/q/ks?s=WTW
http://finance.yahoo.com/q/ks?s=NTRI
http://www.knobias.com/story.htm?eid=3.1.c600079773bf1f024a0d2c07906534d963abcc8bbb8a96168d0b2275a41....
Recent MED News
- Medifast to Announce Financial Results for the First Quarter Ended March 31, 2024 • Business Wire • 04/15/2024 08:05:00 PM
- 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
- Medifast Announces Fourth Quarter and Full Year 2023 Financial Results • Business Wire • 02/20/2024 09:05:00 PM
- Market Cautiousness Ahead of Retail Giants’ Earnings; Oil Prices Dip • IH Market News • 02/20/2024 10:37:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 10:52:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 10:51:12 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 03:36:09 PM
- Medifast to Announce Financial Results for the Fourth Quarter and Full Year Ended December 31, 2023 • Business Wire • 02/06/2024 09:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 12:42:45 PM
- LifeMD and Medifast Partner to Offer Transformative Weight Management Solution • GlobeNewswire Inc. • 12/13/2023 11:00:00 AM
- Medifast Initiates Business Transformation by Entering the Medically Supported Weight Loss Market through Collaboration with LifeMD, a Virtual Primary Care Provider, and Adjusting its Capital Allocation Policy • Business Wire • 12/13/2023 11:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/10/2023 01:20:19 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/10/2023 01:20:03 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/10/2023 01:19:48 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/10/2023 01:19:33 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/10/2023 01:19:15 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/06/2023 09:50:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/06/2023 09:16:48 PM
- Medifast Announces Third Quarter 2023 Financial Results • Business Wire • 11/06/2023 09:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/30/2023 04:49:32 PM
- Medifast to Announce Financial Results for the Third Quarter Ended September 30, 2023 • Business Wire • 10/23/2023 08:05:00 PM
- Medifast Named as One of the "Best Companies To Work For" by U.S. News & World Report • PR Newswire (US) • 10/05/2023 08:30:00 PM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
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Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM