MEDIFAST INC (NYSE:MED) currently has an Average Broker Rating of 1. The ABR rank within the industry stands at 81. This number is based on the 1 sell-side firms polled by Zacks.
The ABR is provided by Zacks which simplfies analyst ratings into an integer based number. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating. Analysts on a consensus basis are expecting that the stock will reach $75 within the year.
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Most recently MEDIFAST INC (NYSE:MED) posted quarterly earnings of $0.55 which compared to the sell-side estimates of 0.51. The stock’s 12-month trailing earnings per share stands at $2.03. Shares have moved $7.26 over the past month and more recently, $-3.82 over the past week heading into the earnings announcement. There are 1 analyst projections that were taken into consideration from respected brokerage firms.
Research analysts are predicting that MEDIFAST INC (NYSE:MED) will report earnings of $0.48 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.
MEDIFAST INC (NYSE:MED) closed the last session at $65.71 and sees an average of 158200.7 shares trade hands in each session. The 52-week low of the stock stands at $38.64 while the current level stands at 85.67% of the 52-week High-Low range. Looking further out we can see that the stock has moved 18.55% over the past 12 weeks and 57.84% year to date.
1 analysts rate MEDIFAST INC a Buy or Strong Buy, which is 100% of all the analyst ratings.
This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.