Kevin Byrnes - MEDIFAST INC Independent Director
| MED Stock | USD 14.35 0.41 2.94% |
Director
Mr. Kevin G. Byrnes serves as Independent Director of Medifast, Inc. since May 23, 2013. Mr. Byrnes has more than 40 years of financial experience working in the retail and commercial banking industries. He was the Chairman of the Board of Bay Bank, with assets of approximately 500 million and 12 branches located in the Baltimore metropolitan area, from 2010 to 2015. Mr. Byrnes served as PresidentCOO and Director of Provident Bank from 2002 to 2009. Provident, acquired by MT Bank in May 2009, was the largest independent financial institution in the Maryland and Northern Virginia marketplaces at that time, with 6.5 billion in assets, 150 branches and 1, 600 employees. Prior to serving at Provident Bank, Mr. Byrnes spent 25 years with the Chase Manhattan Bank in various executive management positions. Mr. Byrnes began his career at Bankers Trust Co. in New York. Mr. Byrnes received a BBA from Pace University since 2013.
| Age | 73 |
| Tenure | 12 years |
| Address | 100 International Drive, Baltimore, MD, United States, 21202 |
| Phone | 410 581 8042 |
| Web | https://medifastinc.com |
MEDIFAST INC Management Efficiency
The company has Return on Asset of 0.0324 % which means that on every $100 spent on assets, it made $0.0324 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0102 %, implying that it generated $0.0102 on every 100 dollars invested. MEDIFAST INC's management efficiency ratios could be used to measure how well MEDIFAST INC manages its routine affairs as well as how well it operates its assets and liabilities. As of March 17, 2025, Return On Tangible Assets is expected to decline to 0.01. In addition to that, Return On Capital Employed is expected to decline to 0.01. At present, MEDIFAST INC's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 10.2 M, whereas Deferred Long Term Asset Charges is forecasted to decline to about 2.4 M.Similar Executives
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Management Performance
| Return On Equity | 0.0102 | ||||
| Return On Asset | 0.0324 |
MEDIFAST INC Leadership Team
Elected by the shareholders, the MEDIFAST INC's board of directors comprises two types of representatives: MEDIFAST INC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MEDIFAST. The board's role is to monitor MEDIFAST INC's management team and ensure that shareholders' interests are well served. MEDIFAST INC's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MEDIFAST INC's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael MacDonald, Chairman, CEO and Chairman of Executive Committee | ||
| Jonathan Mackenzie, Chief Accounting Officer | ||
| Ming Xian, Independent Director | ||
| Anthony Tyree, Chief Marketing Officer | ||
| Michael Hoer, Independent Director | ||
| Daniel Chard, Executive Chairman of the Board, Chief Executive Officer | ||
| James CPA, Chief Officer | ||
| Jeffrey Brown, Lead Independent Director | ||
| William Baker, Executive Vice President Information Technology | ||
| Stephen Johnson, Chief Accounting Officer, Vice President - Finance | ||
| Andrea Thomas, Independent Director | ||
| Lauren Walker, Executive Vice President - Supply Chain Operations | ||
| Jason Esq, General VP | ||
| Jason Groves, Executive Vice President, General Counsel, Corporate Secretary | ||
| Steven Zenker, Vice Relations | ||
| Joseph Kelleman, Interim Chief Financial Officer, Vice President - Finance | ||
| Scott Schlackman, Independent Director | ||
| James Maloney, Chief Financial Officer, Interim Principal Accounting Officer | ||
| Kevin Byrnes, Independent Director | ||
| Carl Sassano, Independent Director | ||
| Constance Hallquist, Independent Director | ||
| Nicholas Johnson, Executive Vice President - Coach Success, Market President of OPTAVIA USA | ||
| Claudia Greninger, Executive Vice President - Human Resources |
MEDIFAST Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MEDIFAST INC a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0102 | ||||
| Return On Asset | 0.0324 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 6.25 M | ||||
| Shares Outstanding | 10.94 M | ||||
| Shares Owned By Insiders | 2.54 % | ||||
| Shares Owned By Institutions | 83.35 % | ||||
| Number Of Shares Shorted | 1.39 M | ||||
| Price To Earning | 13.99 X |
Also Currently Popular
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Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MEDIFAST INC. If investors know MEDIFAST will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MEDIFAST INC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share 0.19 | Revenue Per Share | Quarterly Revenue Growth (0.38) | Return On Assets |
The market value of MEDIFAST INC is measured differently than its book value, which is the value of MEDIFAST that is recorded on the company's balance sheet. Investors also form their own opinion of MEDIFAST INC's value that differs from its market value or its book value, called intrinsic value, which is MEDIFAST INC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MEDIFAST INC's market value can be influenced by many factors that don't directly affect MEDIFAST INC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MEDIFAST INC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MEDIFAST INC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MEDIFAST INC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.