Medifast, Inc. (NYSE:MED – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $67.11 and last traded at $68.41, with a volume of 34489 shares traded. The stock had previously closed at $70.66. Analysts Set New Price Targets MED has been the subject […]
Medifast (NYSE:MED – Get Free Report) updated its FY23 earnings guidance on Monday. The company provided earnings per share guidance of $8.65-$9.55 for the period, compared to the consensus earnings per share estimate of $8.53. The company issued revenue guidance of $1.05-$1.07 billion, compared to the consensus revenue estimate of $1.09 billion. Wall Street Analyst […]
StockNews.com upgraded shares of Medifast (NYSE:MED – Free Report) from a hold rating to a buy rating in a research report sent to investors on Saturday morning. Separately, DA Davidson dropped their price target on shares of Medifast from $93.00 to $80.00 and set a neutral rating on the stock in a research note on […]
Ingalls & Snyder LLC decreased its holdings in Medifast, Inc. (NYSE:MED – Free Report) by 6.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,705 shares of the specialty retailer’s stock after selling 2,121 shares during the period. Ingalls & Snyder LLC owned about […]
Legato Capital Management LLC boosted its holdings in shares of Medifast, Inc. (NYSE:MED – Free Report) by 112.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,968 shares of the specialty retailer’s stock after acquiring an additional 7,924 shares during the quarter. Legato […]