B. Riley Has Negative Outlook for TCMD Q3 Earnings

Key Points

• B. Riley has downgraded its Q3 2025 earnings per share estimate for Tactile Systems Technology (TCMD) from $0.20 to $0.14 and maintains a "Neutral" rating with a price objective of $13.00.
• The company reported earnings of $0.14 for the recent quarter, surpassing the consensus estimate of $0.09 and achieving revenue of $78.91 million, above the expected $73.93 million.
• Shares of TCMD opened at $12.54 on Wednesday, reflecting a market cap of $291.56 million with an average target price of $13.50 from analysts.

Tactile Systems Technology, Inc. (NASDAQ:TCMD - Free Report) - Stock analysts at B. Riley reduced their Q3 2025 earnings per share (EPS) estimates for Tactile Systems Technology in a report issued on Monday, August 4th. B. Riley analyst A. Schock now anticipates that the company will post earnings of $0.14 per share for the quarter, down from their prior forecast of $0.20. B. Riley currently has a "Neutral" rating and a $13.00 price objective on the stock. The consensus estimate for Tactile Systems Technology's current full-year earnings is $0.70 per share. B. Riley also issued estimates for Tactile Systems Technology's Q4 2025 earnings at $0.48 EPS, FY2025 earnings at $0.63 EPS and FY2026 earnings at $0.91 EPS.

Several other analysts have also recently commented on TCMD. Wall Street Zen upgraded shares of Tactile Systems Technology from a "hold" rating to a "buy" rating in a research report on Saturday. William Blair upgraded shares of Tactile Systems Technology to a "strong-buy" rating in a research report on Tuesday, August 5th. Finally, Piper Sandler cut shares of Tactile Systems Technology from an "overweight" rating to a "neutral" rating and lowered their price objective for the company from $25.00 to $14.00 in a research report on Tuesday, May 6th. Four research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $13.50.

Tactile Systems Technology Trading Down 1.3%

NASDAQ:TCMD traded down $0.16 during trading hours on Wednesday, hitting $12.28. 225,255 shares of the stock were exchanged, compared to its average volume of 250,764. The company's 50 day moving average is $10.26 and its two-hundred day moving average is $12.52. Tactile Systems Technology has a twelve month low of $8.61 and a twelve month high of $21.10. The company has a quick ratio of 3.99, a current ratio of 3.79 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $273.75 million, a P/E ratio of 19.81 and a beta of 0.96.

Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.05. The company had revenue of $78.91 million for the quarter, compared to the consensus estimate of $73.93 million. Tactile Systems Technology had a return on equity of 7.72% and a net margin of 5.06%.

Insider Activity at Tactile Systems Technology

In related news, CFO Elaine M. Birkemeyer sold 2,921 shares of Tactile Systems Technology stock in a transaction on Monday, May 12th. The shares were sold at an average price of $9.94, for a total transaction of $29,034.74. Following the completion of the transaction, the chief financial officer owned 99,111 shares of the company's stock, valued at $985,163.34. This trade represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.50% of the company's stock.

Institutional Investors Weigh In On Tactile Systems Technology

A number of institutional investors have recently added to or reduced their stakes in TCMD. Vanguard Group Inc. grew its position in shares of Tactile Systems Technology by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 1,501,006 shares of the company's stock valued at $19,843,000 after acquiring an additional 17,314 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Tactile Systems Technology by 8.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 901,551 shares of the company's stock valued at $15,444,000 after purchasing an additional 67,934 shares during the period. Acadian Asset Management LLC boosted its holdings in Tactile Systems Technology by 248.3% in the 2nd quarter. Acadian Asset Management LLC now owns 683,662 shares of the company's stock valued at $6,930,000 after purchasing an additional 487,392 shares during the period. Deutsche Bank AG raised its position in shares of Tactile Systems Technology by 1.0% during the 1st quarter. Deutsche Bank AG now owns 623,033 shares of the company's stock valued at $8,236,000 after buying an additional 6,421 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Tactile Systems Technology by 44.0% during the 4th quarter. Renaissance Technologies LLC now owns 451,100 shares of the company's stock valued at $7,727,000 after buying an additional 137,900 shares in the last quarter. 83.43% of the stock is owned by institutional investors.

About Tactile Systems Technology

Tactile Systems Technology, Inc, a medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States. It offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema in the home setting; and Entre Plus System, a portable pneumatic compression device for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers.