FirstCash, Inc. (FCFS) Forms $92.55 Double Top; U S Global Investors Has Decreased Its Medifast (MED) Holding

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U S Global Investors Inc decreased Medifast Inc (MED) stake by 38.25% reported in 2018Q1 SEC filing. U S Global Investors Inc sold 10,900 shares as Medifast Inc (MED)’s stock rose 109.41%. The U S Global Investors Inc holds 17,600 shares with $1.65 million value, down from 28,500 last quarter. Medifast Inc now has $1.91 billion valuation. The stock increased 0.50% or $0.78 during the last trading session, reaching $158.08. About 13,670 shares traded. Medifast, Inc. (NYSE:MED) has risen 238.34% since June 14, 2017 and is uptrending. It has outperformed by 225.77% the S&P500. Some Historical MED News: ; 06/03/2018 – MEDIFAST INC MED.N SEES FY 2018 REVENUE $350 MLN TO $360 MLN; 06/03/2018 – Medifast: Charles Connolly Will Not Stand for Reelection to Board at June Meeting; 03/05/2018 – Medifast 1Q EPS $1.01; 06/03/2018 – Medifast 4Q Rev $78M; 03/05/2018 – Medifast 1Q Rev $98.6M; 06/03/2018 – Medifast Sees 1Q EPS 84c-EPS 87c; 06/03/2018 – MEDIFAST INC MED.N SEES FY 2018 SHR $3.15 TO $3.25; 15/03/2018 – Medifast, Inc. Announces Quarterly Dividend; 03/05/2018 – Medifast Raises FY View To EPS $3.55-EPS $3.65; 06/03/2018 – Medifast Sees 1Q Rev $88.5M-$91.5M

FirstCash, Inc. (FCFS) formed double top with $98.10 target or 6.00% above today’s $92.55 share price. FirstCash, Inc. (FCFS) has $4.44 billion valuation. It closed at $92.55 lastly. It is down 68.57% since June 14, 2017 and is uptrending. It has outperformed by 56.00% the S&P500. Some Historical FCFS News: ; 07/03/2018 – FirstCash at Company Marketing Hosted By Stephens Inc. Today; 26/04/2018 – FIRSTCASH INC – QTRLY REVENUE $ 449.8 MLN VS $447.6 MLN; 26/04/2018 – FirstCash Sees FY EPS $3.35-EPS $3.55; 06/03/2018 FirstCash at Company Marketing Hosted By Janney Today; 26/04/2018 – FirstCash 1Q Net $41.6M; 26/04/2018 – FirstCash 1Q Rev $239.1M; 20/04/2018 – DJ FirstCash Inc, Inst Holders, 1Q 2018 (FCFS); 26/04/2018 – FirstCash Sees Adding 200 Locations in 201; 26/04/2018 – FIRSTCASH INC FCFS.N RAISES FY 2018 SHR VIEW TO $3.35 TO $3.55; 23/05/2018 – S&PGR Revises FirstCash Outlook To Positive From Stable

U S Global Investors Inc increased Direxion Shs Etf Tr stake by 15,000 shares to 60,000 valued at $1.46M in 2018Q1. It also upped Select Sector Spdr Tr (XLY) stake by 5,000 shares and now owns 11,200 shares. Select Sector Spdr Tr (XLF) was raised too.

Since March 8, 2018, it had 0 insider purchases, and 3 insider sales for $4.87 million activity. On Thursday, March 15 CONNOLLY CHARLES P sold $669,825 worth of Medifast, Inc. (NYSE:MED) or 7,500 shares. $3.47 million worth of Medifast, Inc. (NYSE:MED) was sold by MACDONALD MICHAEL C on Thursday, March 8.

Investors sentiment decreased to 1.28 in Q1 2018. Its down 0.05, from 1.33 in 2017Q4. It fall, as 17 investors sold MED shares while 63 reduced holdings. 52 funds opened positions while 50 raised stakes. 10.03 million shares or 1.93% less from 10.23 million shares in 2017Q4 were reported. Aperio Gp Lc accumulated 43,507 shares or 0.02% of the stock. Moreover, D E Shaw And Communication has 0% invested in Medifast, Inc. (NYSE:MED). Engineers Gate Manager Limited Partnership, New York-based fund reported 22,205 shares. Utd Services Automobile Association reported 3,178 shares. First Quadrant Lp Ca owns 9,924 shares. Ny State Teachers Retirement Systems stated it has 11,475 shares. Tiaa Cref Invest Limited Liability Corporation stated it has 158,930 shares. Prelude Cap Mgmt Limited Liability Company accumulated 1,297 shares. Texas Permanent School Fund invested 0.01% of its portfolio in Medifast, Inc. (NYSE:MED). Menta Ltd Limited Liability Company reported 7,226 shares or 0.14% of all its holdings. Victory Cap Mngmt has 0% invested in Medifast, Inc. (NYSE:MED) for 7,513 shares. 540 were accumulated by C M Bidwell And Associate Limited. Strs Ohio accumulated 9,900 shares or 0% of the stock. Hanseatic Management Service Incorporated invested in 0% or 16 shares. Washington-based Parametric Assoc Limited Com has invested 0.01% in Medifast, Inc. (NYSE:MED).

Analysts await Medifast, Inc. (NYSE:MED) to report earnings on August, 14. They expect $1.00 earnings per share, up 58.73% or $0.37 from last year’s $0.63 per share. MED’s profit will be $12.06M for 39.52 P/E if the $1.00 EPS becomes a reality. After $1.01 actual earnings per share reported by Medifast, Inc. for the previous quarter, Wall Street now forecasts -0.99% negative EPS growth.

Among 3 analysts covering Medifast (NYSE:MED), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Medifast had 9 analyst reports since August 10, 2015 according to SRatingsIntel. Sidoti downgraded the shares of MED in report on Monday, November 30 to “Neutral” rating. The company was upgraded on Monday, January 11 by Sidoti. The stock of Medifast, Inc. (NYSE:MED) earned “Hold” rating by Wunderlich on Friday, January 29. The rating was initiated by DA Davidson on Wednesday, August 16 with “Buy”. The rating was downgraded by Sidoti to “Neutral” on Thursday, April 19. The rating was maintained by DA Davidson with “Buy” on Thursday, May 24. Sidoti upgraded Medifast, Inc. (NYSE:MED) on Monday, October 5 to “Buy” rating. Zacks downgraded Medifast, Inc. (NYSE:MED) on Monday, August 10 to “Hold” rating. On Friday, September 15 the stock rating was maintained by DA Davidson with “Buy”.

Another recent and important Medifast, Inc. (NYSE:MED) news was published by Nasdaq.com which published an article titled: “Detailed Research: Economic Perspectives on Dorchester Minerals, MEDIFAST INC, Sabra Healthcare REIT …” on May 30, 2018.

Since February 5, 2018, it had 2 insider purchases, and 3 selling transactions for $2.30 million activity. FEEHAN DANIEL R sold $1.41M worth of FirstCash, Inc. (NYSE:FCFS) on Tuesday, March 13. 1,080 FirstCash, Inc. (NYSE:FCFS) shares with value of $79,531 were bought by Stuart Thomas Brent. FAULKNER MIKEL D bought $146,013 worth of stock or 1,700 shares. The insider ORR R DOUGLAS sold 10,000 shares worth $750,441.

Analysts await FirstCash, Inc. (NYSE:FCFS) to report earnings on July, 26. They expect $0.65 earnings per share, up 25.00% or $0.13 from last year’s $0.52 per share. FCFS’s profit will be $31.21 million for 35.60 P/E if the $0.65 EPS becomes a reality. After $0.90 actual earnings per share reported by FirstCash, Inc. for the previous quarter, Wall Street now forecasts -27.78% negative EPS growth.

Medifast, Inc. (NYSE:MED) Institutional Positions Chart

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