Added to YB: 2024-08-07
Pitch date: 2024-08-05
MED [bullish]
Medifast, Inc.
-38.46%
current return
Author Info
Company Info
Medifast, Inc., through its subsidiaries, operates as a health and wellness company that provides habit-based and coach-guided lifestyle solutions to address obesity and support a healthy life in the United States.
Market Cap
$139.5M
Pitch Price
$19.50
Price Target
200.00 (+1518%)
Dividend
N/A
EV/EBITDA
-0.44
P/E
-21.05
EV/Sales
-0.02
Sector
Personal Care Products
Category
turnaround
Give us six months, we’ll take off the weight: Medifast $MED and LifeMD $LFMD
MED: Structured weight loss co adapting to GLP-1 era. Rev down 44% to $900M, profit -53% to $67M. New model: GLP-1 support, sports nutrition, LFMD partnership. $150M cash, no debt. 37k gig coaches allow cost flexibility. Risks: obsolescence, insider selling. Upside: potential 10x if rev returns to $1.6B peak & P/S recovers to 1.5x from 0.26x.
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