William Blair Issues Pessimistic Estimate for TCMD Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMD - Free Report) - Research analysts at William Blair dropped their FY2025 earnings estimates for shares of Tactile Systems Technology in a report issued on Tuesday, May 6th. William Blair analyst M. Andrew now anticipates that the company will post earnings per share of $0.51 for the year, down from their prior forecast of $0.67. The consensus estimate for Tactile Systems Technology's current full-year earnings is $0.70 per share. William Blair also issued estimates for Tactile Systems Technology's Q4 2025 earnings at $0.44 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.36 EPS and FY2026 earnings at $0.70 EPS.

A number of other research analysts have also commented on the stock. B. Riley upgraded shares of Tactile Systems Technology to a "hold" rating in a research note on Wednesday, May 7th. Piper Sandler lowered shares of Tactile Systems Technology from an "overweight" rating to a "neutral" rating and dropped their price objective for the company from $25.00 to $14.00 in a research note on Tuesday, May 6th. Finally, 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 analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $16.00.

Tactile Systems Technology Stock Performance

TCMD traded up $0.44 on Wednesday, reaching $9.98. The company had a trading volume of 214,976 shares, compared to its average volume of 260,520. Tactile Systems Technology has a 1 year low of $8.61 and a 1 year high of $21.10. The stock has a market capitalization of $236.09 million, a PE ratio of 14.23 and a beta of 1.05. The company has a quick ratio of 3.80, a current ratio of 4.36 and a debt-to-equity ratio of 0.11. The stock has a 50-day moving average price of $13.30 and a 200-day moving average price of $15.59.

Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) last posted its quarterly 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 during the quarter, compared to analyst estimates 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 last year, the firm earned ($0.05) EPS.

Institutional Inflows and Outflows

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

Insider Activity at Tactile Systems Technology

In other Tactile Systems Technology news, Director William W. Burke sold 3,300 shares of the firm'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 transaction, the director now owns 48,520 shares of the company's stock, valued at approximately $469,188.40. This trade represents a 6.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Daniel L. Reuvers sold 10,938 shares of the firm's stock in a transaction dated 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 in the company, valued at approximately $3,534,806.10. The trade was a 4.31% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 22,846 shares of company stock valued at $317,355 in the last quarter. Insiders own 2.50% of the company's stock.

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.