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Medifast

MEDNYSE
Logo brought to you by Benzinga Data
$20.69
0.20.98%
At Close: -
$20.69
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Q2 2024 Earnings in 6 days from now on Mon Aug 5th, after the market close
Conference call scheduled in 6 days at 16:30 PM Click to view the webcast
Consensus Rating1
Hold
Highest Price Target1
$150.00
Lowest Price Target1
$17.50
Consensus Price Target1
$83.17

Medifast (NYSE:MED) Stock, Analyst Ratings, Price Targets, Forecasts

Medifast Inc has a consensus price target of $83.17 based on the ratings of 3 analysts. The high is $150 issued by Jefferies on August 4, 2022. The low is $17.5 issued by DA Davidson on July 22, 2024. The 3 most-recent analyst ratings were released by DA Davidson on July 22, 2024, June 5, 2024, and April 30, 2024, respectively. With an average price target of $20 between DA Davidson, there's an implied -3.33% downside for Medifast Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Feb
1
Apr
1
Jun
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.0
Strong Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

DA Davidson
Stephens & Co.
Jefferies

1calculated from analyst ratings

Analyst Ratings for Medifast

Buy NowGet Alert
07/22/2024Buy Now-15.42%DA Davidson
Linda Bolton Weiser
$17.5 → $17.5MaintainsUnderperformGet Alert
06/05/2024Buy Now-15.42%DA Davidson
Linda Bolton Weiser
$25 → $17.5DowngradeNeutral → UnderperformGet Alert
04/30/2024Buy Now20.83%DA Davidson
Linda Bolton Weiser
$40 → $25MaintainsNeutralGet Alert
02/21/2024Buy Now93.33%DA Davidson
Linda Bolton Weiser
$67 → $40MaintainsNeutralGet Alert
10/13/2023Buy Now296.33%Stephens & Co.
Jim Salera
→ $82Initiates → Equal-WeightGet Alert
08/08/2023Buy Now286.66%DA Davidson
Linda Bolton Weiser
$93 → $80MaintainsNeutralGet Alert
07/31/2023Buy Now349.49%DA Davidson
Linda Bolton Weiser
$75 → $93MaintainsNeutralGet Alert
05/02/2023Buy Now243.16%DA Davidson
Linda Bolton Weiser
$94 → $71MaintainsNeutralGet Alert
02/22/2023Buy Now354.33%DA Davidson
Linda Bolton Weiser
$106 → $94MaintainsNeutralGet Alert
11/04/2022Buy Now412.32%DA Davidson
Linda Bolton Weiser
$278 → $106DowngradeBuy → NeutralGet Alert
08/04/2022Buy Now1243.64%DA Davidson
Linda Bolton Weiser
$352 → $278MaintainsBuyGet Alert
08/04/2022Buy Now624.99%Jefferies
Stephanie Wissink
$345 → $150DowngradeBuy → HoldGet Alert
06/02/2022Buy Now1601.3%DA Davidson
Linda Bolton Weiser
$341 → $352MaintainsBuyGet Alert
02/24/2022Buy Now1548.14%DA Davidson
Linda Bolton Weiser
$349 → $341MaintainsBuyGet Alert
11/08/2021Buy Now1586.81%DA Davidson
Linda Bolton Weiser
—MaintainsBuyGet Alert

FAQ

Q

What is the target price for Medifast (MED) stock?

A

The latest price target for Medifast (NYSE:MED) was reported by DA Davidson on July 22, 2024. The analyst firm set a price target for $17.50 expecting MED to fall to within 12 months (a possible -15.42% downside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Medifast (MED)?

A

The latest analyst rating for Medifast (NYSE:MED) was provided by DA Davidson, and Medifast maintained their underperform rating.

Q

When was the last upgrade for Medifast (MED)?

A

There is no last upgrade for Medifast

Q

When was the last downgrade for Medifast (MED)?

A

The last downgrade for Medifast Inc happened on June 5, 2024 when DA Davidson changed their price target from $25 to $17.5 for Medifast Inc.

Q

When is the next analyst rating going to be posted or updated for Medifast (MED)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Medifast, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Medifast was filed on July 22, 2024 so you should expect the next rating to be made available sometime around July 22, 2025.

Q

Is the Analyst Rating Medifast (MED) correct?

A

While ratings are subjective and will change, the latest Medifast (MED) rating was a maintained with a price target of $17.50 to $17.50. The current price Medifast (MED) is trading at is $20.69, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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