William Blair Has Negative Outlook of TCMD FY2025 Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMD - Free Report) - Research analysts at William Blair dropped their FY2025 earnings per share (EPS) estimates for Tactile Systems Technology in a report issued on Tuesday, May 6th. William Blair analyst M. Andrew now anticipates that the company will post earnings of $0.51 per share 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.

TCMD has been the subject of several other research reports. StockNews.com cut shares of Tactile Systems Technology from a "buy" rating to a "hold" rating in a research report on Wednesday. B. Riley downgraded Tactile Systems Technology from a "buy" rating to a "neutral" rating and cut their target price for the company from $23.00 to $18.00 in a research note on Wednesday, February 19th. Finally, Piper Sandler cut Tactile Systems Technology from an "overweight" rating to a "neutral" rating and decreased their price target for the stock from $25.00 to $14.00 in a research note on Tuesday. Five research analysts have rated the stock with a hold rating, According to MarketBeat.com, Tactile Systems Technology currently has a consensus rating of "Hold" and an average price target of $16.00.

Tactile Systems Technology Stock Performance

Shares of TCMD stock traded down $0.21 during trading hours on Wednesday, reaching $9.52. The stock had a trading volume of 367,395 shares, compared to its average volume of 260,417. The firm has a market capitalization of $225.30 million, a PE ratio of 13.60 and a beta of 1.05. The firm has a 50-day simple moving average of $13.30 and a 200-day simple moving average of $15.56. Tactile Systems Technology has a twelve month low of $8.61 and a twelve month high of $21.10. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.36 and a quick ratio of 3.80.

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

Hedge Funds Weigh In On Tactile Systems Technology

Hedge funds have recently made changes to their positions in the business. Principal Financial Group Inc. boosted its holdings in Tactile Systems Technology by 9.9% during the fourth quarter. Principal Financial Group Inc. now owns 20,401 shares of the company's stock worth $349,000 after buying an additional 1,836 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in Tactile Systems Technology during the 4th quarter worth about $1,328,000. Arrowstreet Capital Limited Partnership lifted its stake in Tactile Systems Technology by 163.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 52,227 shares of the company's stock valued at $895,000 after buying an additional 32,378 shares in the last quarter. Barclays PLC boosted its holdings in shares of Tactile Systems Technology by 56.7% in the third quarter. Barclays PLC now owns 66,885 shares of the company's stock worth $977,000 after buying an additional 24,188 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Tactile Systems Technology by 8.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 901,551 shares of the company's stock worth $15,444,000 after acquiring an additional 67,934 shares in the last quarter. Institutional investors and hedge funds own 83.43% of the company's stock.

Insider Activity at Tactile Systems Technology

In related news, Director William W. Burke sold 3,300 shares of the firm's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $9.67, for a total transaction of $31,911.00. Following the completion of the transaction, the director now owns 48,520 shares of the company's stock, 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 through the SEC website. Also, VP Kristie Burns sold 4,830 shares of the company's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $14.65, for a total transaction of $70,759.50. Following the completion of the sale, the vice president now directly owns 84,008 shares of the company's stock, valued at $1,230,717.20. The trade was a 5.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 22,846 shares of company stock worth $317,355 over the last quarter. 2.50% of the stock is currently owned by company insiders.

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.