MEDIFAST INC
MED · NYSE · Consumer Cyclical / Personal Services
Price History
Full chartMarket Stats
About
Medifast, Inc., through its subsidiaries, operates as a health and wellness company that provides habit-based and coach-guided lifestyle solutions for weight loss in the United States. The company offers weight loss, weight management, and healthy living products comprising bars, cereals, snack straws, hot chocolate, hearty choices, oatmeal, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, soups, amino acid blends, whey protein, hot beverages, brownies, and mini meals under the Essential Fuelings, OPTAVIA ASCEND, and OPTAVIA ACTIVE categories, as well as daily nutrient packs, including multivitamins, minerals, and omega-3 fatty acid supplements. It also provides lifestyle plans, which provides a targeted reset of the body's metabolism by activating strong and targeted fat burn; Optimal Weight 4 & 2 & 1 Plan and Optimal Weight 4 & 2 ACTIVE Plan, which is designed for clients who want to continue eating all food groups or want a flexible meal plan to achieve a healthy weight; OPTAVIA Optimization Plan, a personalized approach to help clients' long-term weight management; and OPTAVIA GLP-1 Nutrition Support Plan, a nutritional companion to GLP-1 medication that allows clients to focus on weight loss. In addition, the company offers metabolic synchronization, a science that reverses metabolic dysfunction through a targeted reset of the body's metabolism. It markets its products through point-of-sale transactions executed over an e-commerce platform. The company serves health and wellness consumers. The company was formerly known as Healthrite, Inc. and changed its name to Medifast, Inc. in May 2001. Medifast, Inc. was incorporated in 1980 and is headquartered in Baltimore, Maryland.
Company Details
- SectorConsumer Cyclical
- IndustryPersonal Services
- CEOMr. Nicholas M. Johnson
- Employees380
- Headquarters1501 S. Clinton Street, Baltimore, MD, United States, 21224, USA
- Websitehttps://medifastinc.com
Leadership
- Mr. Nicholas M. JohnsonCEO & President · b. 1980
- Mr. James P. Maloney CPAChief Financial Officer · b. 1968
- Mr. Jonathan Barrett MacKenzieVP of Finance & Chief Accounting Officer · b. 1972
- Mr. Steven ZenkerVice President of Investor Relations
- Ms. Claudia C. GreningerChief Human Resources Officer · b. 1974
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Hold1
Ownership Breakdown
- Institutions
- 75.34%
- Insiders
- 4.33%
- Retail / Other
- 20.33%
Top Institutional Holders
- BlackRock Inc944.45K8.45%
- Renaissance Technologies Corp773.71K6.92%
- Steamboat Capital Partners, LLC706.70K6.32%
- Charles Schwab Investment Management Inc631.54K5.65%
- Two Sigma Investments LLC481.38K4.31%
- Vanguard Capital Management, LLC444.47K3.98%
- Dimensional Fund Advisors, Inc.363.39K3.25%
- Morgan Stanley - Brokerage Accounts325.31K2.91%
- American Century Companies Inc318.91K2.85%
- Geode Capital Management, LLC253.31K2.27%
- Man Group PLC236.21K2.11%
- State Street Corp222.64K1.99%
- Peapod Lane Capital LLC222.58K1.99%
- Vanguard Portfolio Management, LLC202.83K1.81%
- Lido Advisors, LLC183.03K1.64%
- Trexquant Investment LP180.08K1.61%
- Bridgeway Capital Management, LLC157.08K1.40%
Top Fund Holders
- Avantis US Small Cap Value ETF357.65K3.20%
- Vanguard MStar Total Stk Mkt Idx Invest318.98K2.85%
- Schwab Fundamental U.S. Small CompanyETF262.68K2.35%