Opinions
Stockchase Insights
Medifast Inc.
MED-N
HOLD
Jan 27, 2023
$113.430
Stock price when the opinion was issued
food processing
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
Remains a very cheap stock and debt free ($40M cash). Growth is slowing, with marginal growth expected in 2023. Dividend is now ~6%, but has not changed in 10 months. The last quarter was significantly better than estimates, but it did cut guidance by 8% or so. Investors may be expecting another cut.