B. Riley Analysts Decrease Earnings Estimates for TCMD

Tactile Systems Technology, Inc. (NASDAQ:TCMD - Free Report) - Equities researchers at B. Riley lowered their Q2 2025 earnings estimates for shares of Tactile Systems Technology in a report issued on Wednesday, May 7th. B. Riley analyst K. Bauser now anticipates that the company will post earnings per share of $0.09 for the quarter, down from their previous estimate of $0.22. B. Riley has a "Hold" rating 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 Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.41 EPS, FY2025 earnings at $0.57 EPS and FY2026 earnings at $0.82 EPS.

A number of other brokerages have also recently commented on TCMD. Piper Sandler cut shares of Tactile Systems Technology from an "overweight" rating to a "neutral" rating and dropped their target price for the company from $25.00 to $14.00 in a report on Tuesday, May 6th. StockNews.com downgraded Tactile Systems Technology from a "buy" rating to a "hold" rating in a research report on Wednesday. Five analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $16.00.

Tactile Systems Technology Trading Down 2.2%

Shares of Tactile Systems Technology stock traded down $0.21 during midday trading on Friday, reaching $9.52. 367,395 shares of the company's stock traded hands, compared to its average volume of 260,669. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.80 and a current ratio of 4.36. Tactile Systems Technology has a 12 month low of $8.61 and a 12 month high of $21.10. The stock has a 50 day moving average of $13.30 and a 200-day moving average of $15.59. The company has a market cap of $225.30 million, a PE ratio of 13.60 and a beta of 1.05.

Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) last posted its earnings results on Monday, May 5th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.06). The business had revenue of $61.27 million for the quarter, compared to analysts' expectations of $63.48 million. Tactile Systems Technology had a return on equity of 9.37% and a net margin of 5.79%. During the same quarter in the previous year, the firm earned ($0.05) earnings per share.

Insider Activity at Tactile Systems Technology

In other news, Director William W. Burke sold 3,300 shares of the company's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $9.67, for a total transaction of $31,911.00. Following the sale, the director now directly owns 48,520 shares in the company, valued at approximately $469,188.40. This represents a 6.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Kristie Burns sold 4,830 shares of Tactile Systems Technology stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $14.65, for a total value of $70,759.50. Following the completion of the transaction, the vice president now owns 84,008 shares of the company's stock, valued at approximately $1,230,717.20. This represents a 5.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,846 shares of company stock valued at $317,355 over the last 90 days. 2.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Tactile Systems Technology

Large investors have recently modified their holdings of the stock. GAMMA Investing LLC boosted its stake in Tactile Systems Technology by 64,350.0% during the first quarter. GAMMA Investing LLC now owns 2,578 shares of the company's stock worth $34,000 after buying an additional 2,574 shares during the period. Jones Financial Companies Lllp bought a new stake in shares of Tactile Systems Technology in the 4th quarter worth about $39,000. Virtus Fund Advisers LLC boosted its stake in shares of Tactile Systems Technology by 142.0% during the 4th quarter. Virtus Fund Advisers LLC now owns 4,199 shares of the company's stock worth $72,000 after purchasing an additional 2,464 shares during the period. Quarry LP purchased a new position in shares of Tactile Systems Technology during the 4th quarter worth about $81,000. Finally, 1620 Investment Advisors Inc. bought a new position in Tactile Systems Technology during the 4th quarter valued at about $97,000. Institutional investors own 83.43% of the company's stock.

Tactile Systems Technology Company Profile

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.