Medifast Reports Sales Below Analyst Estimates In Q2 Earnings, Stock Drops
| MED Stock | USD 19.67 0.23 1.18% |
About 52% of MEDIFAST INC's shareholders are presently thinking to get in. The analysis of overall sentiment of trading MEDIFAST INC stock suggests that some investors are interested at this time. The current market sentiment, together with MEDIFAST INC's historical and current headlines, can help investors time the market. In addition, many technical investors use MEDIFAST INC stock news signals to limit their universe of possible portfolio assets.
MEDIFAST |
Wellness company Medifast fell short of analysts expectations in Q2 CY2024, with revenue down 43.1 percent year on year to 168.6 million. Next quarters revenue guidance of 135 million also underwhelmed, coming in 16.6 percent below analysts estimates. It made a GAAP loss of 0.75 per share, down from its profit of 2.77 per share in the same quarter last year.
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MEDIFAST INC Fundamental Analysis
We analyze MEDIFAST INC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MEDIFAST INC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MEDIFAST INC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
MEDIFAST INC is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
MEDIFAST INC Potential Pair-trading
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Peers
MEDIFAST INC Related Equities
| EM | Smart Share | 1.39 | ||||
| CSV | Carriage Services | 0.40 | ||||
| BFAM | Bright Horizons | 0.33 | ||||
| SCI | Service International | 0.01 | ||||
| HRB | HR Block | 0.08 | ||||
| MCW | Mister Car | 1.11 | ||||
| ROL | Rollins | 1.62 | ||||
| TRNR | Interactive Strength | 4.93 |
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