B. Riley Analysts Reduce Earnings Estimates for TCMD

Tactile Systems Technology, Inc. (NASDAQ:TCMD - Free Report) - Equities research analysts at B. Riley reduced their Q2 2025 earnings per share estimates for Tactile Systems Technology in a report issued on Wednesday, May 7th. B. Riley analyst K. Bauser now forecasts that the company will earn $0.09 per share for the quarter, down from their prior 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.

TCMD has been the topic of several other reports. Piper Sandler cut shares of Tactile Systems Technology from an "overweight" rating to a "neutral" rating and cut their price objective for the company from $25.00 to $14.00 in a research report on Tuesday, May 6th. StockNews.com lowered shares of Tactile Systems Technology from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $16.00.

Tactile Systems Technology Stock Down 3.4%

Shares of NASDAQ:TCMD traded down $0.34 during midday trading on Friday, reaching $9.54. 407,291 shares of the company were exchanged, compared to its average volume of 262,809. The firm has a market cap of $221.79 million, a PE ratio of 13.63 and a beta of 1.05. Tactile Systems Technology has a fifty-two week low of $8.61 and a fifty-two week high of $21.10. The stock has a fifty day simple moving average of $13.13 and a two-hundred day simple moving average of $15.51. The company has a quick ratio of 3.80, a current ratio of 4.36 and a debt-to-equity ratio of 0.11.

Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The company reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.06). The firm had revenue of $61.27 million for the quarter, compared to the consensus estimate 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 period in the prior year, the business earned ($0.05) earnings per share.

Hedge Funds Weigh In On Tactile Systems Technology

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jones Financial Companies Lllp bought a new stake in Tactile Systems Technology in the fourth quarter valued at $39,000. GAMMA Investing LLC increased its stake in Tactile Systems Technology by 64,350.0% in the first quarter. GAMMA Investing LLC now owns 2,578 shares of the company's stock valued at $34,000 after purchasing an additional 2,574 shares in the last quarter. Virtus Fund Advisers LLC increased its stake in Tactile Systems Technology by 142.0% in the fourth quarter. Virtus Fund Advisers LLC now owns 4,199 shares of the company's stock valued at $72,000 after purchasing an additional 2,464 shares in the last quarter. Quarry LP bought a new position in Tactile Systems Technology in the fourth quarter worth approximately $81,000. Finally, 1620 Investment Advisors Inc. bought a new position in Tactile Systems Technology in the fourth quarter worth approximately $97,000. Institutional investors and hedge funds own 83.43% of the company's stock.

Insider Buying and Selling

In other Tactile Systems Technology news, Director William W. Burke sold 3,300 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $9.67, for a total value of $31,911.00. Following the sale, the director now owns 48,520 shares in the company, valued at $469,188.40. This trade represents a 6.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Daniel L. Reuvers sold 10,938 shares of the firm's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $14.55, for a total transaction of $159,147.90. Following the transaction, the director now directly owns 242,942 shares of the company's stock, valued at $3,534,806.10. The trade was a 4.31% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,846 shares of company stock worth $317,355. Corporate insiders own 2.50% 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.