Medifast Inc

NYSE:MED   3:59:39 PM EDT
208.51
-7.28 (-3.37%)
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Market Cap (Intraday)2.45B
Current PE25.90
Forward PE 22.57
2yr Forward PE 19.67
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Estimates Current Quarter
Revenue$249.22 Million
Adjusted EPS$2.38
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10-Day MA$208.25
50-Day MA$192.20
200-Day MA$146.31
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MEDIFAST INC Stock, NYSE:MED

11445 CRONHILL DRIVE, OWINGS MILLS, MD 21117
United States of America
Phone: 7327640619
Number of Employees: 420

Description

Medifast, Inc., through its subsidiaries, produces, distributes, and sells weight loss, weight management, healthy living products, and other consumable health and diet products. The company offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, eggs, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape For Life, Flavors of Home, and Essential 1 brands, as well as Dual Fuel, a sports nutrition pilot program. It also provides meal replacements comprising vitamins and minerals; and hydration products, as well as other nutrients for health purposes. As of December 31, 2016, Medifast, Inc. operated weight control centers in 37 franchise locations in Arizona, California, Louisiana, Minnesota, Maryland, and Wisconsin; and 19 reseller locations in Maryland, Pennsylvania, and Texas. The company sells its products through various channels, including the Internet, call centers, independent health advisors, medical professionals, franchise weight loss clinics, and direct consumer marketing. Medifast, Inc. was founded in 1980 and is headquartered in Owings Mills, Maryland.