Tactile Systems Technology (TCMD) to Release Earnings on Monday

Key Points

• Tactile Systems Technology (TCMD) is set to announce its Q2 2025 earnings on August 4th, with analysts projecting earnings of $0.09 per share and revenue of $73.93 million.
• In its previous quarter, TCMD reported an EPS of ($0.13), missing estimates by ($0.06), and had revenue of $61.27 million against expectations of $63.48 million.
• Goldman Sachs recently increased its stake in TCMD by 2.1%, while multiple research firms have changed their ratings on the stock, with a consensus rating of "Hold."

Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Monday, August 4th. Analysts expect Tactile Systems Technology to post earnings of $0.09 per share and revenue of $73.93 million for the quarter. Tactile Systems Technology has set its FY 2025 guidance at EPS.

Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate 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 net margin of 5.52% and a return on equity of 8.41%. During the same period in the previous year, the company earned ($0.05) earnings per share. On average, analysts expect Tactile Systems Technology to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tactile Systems Technology Price Performance

Shares of Tactile Systems Technology stock traded down $0.05 during trading on Thursday, reaching $10.10. 126,889 shares of the stock traded hands, compared to its average volume of 274,897. The company has a market capitalization of $234.80 million, a price-to-earnings ratio of 15.31 and a beta of 0.95. Tactile Systems Technology has a 52-week low of $8.61 and a 52-week high of $21.10. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.52 and a quick ratio of 3.99. The business has a fifty day simple moving average of $10.05 and a two-hundred day simple moving average of $12.86.

Insiders Place Their Bets

In other Tactile Systems Technology 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 value of $29,034.74. Following the transaction, the chief financial officer directly owned 99,111 shares in the company, valued at approximately $985,163.34. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director William W. Burke sold 3,300 shares of Tactile Systems Technology 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 transaction, the director owned 48,520 shares of the company's stock, valued at approximately $469,188.40. The trade was a 6.37% decrease in their position. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Tactile Systems Technology

A hedge fund recently raised its stake in Tactile Systems Technology stock. Goldman Sachs Group Inc. grew its position in Tactile Systems Technology, Inc. (NASDAQ:TCMD - Free Report) by 2.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 186,936 shares of the company's stock after purchasing an additional 3,898 shares during the period. Goldman Sachs Group Inc. owned about 0.80% of Tactile Systems Technology worth $2,471,000 as of its most recent filing with the SEC. 83.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on TCMD shares. Piper Sandler downgraded shares of Tactile Systems Technology from an "overweight" rating to a "neutral" rating and decreased their price objective for the stock from $25.00 to $14.00 in a research note on Tuesday, May 6th. Wall Street Zen downgraded shares of Tactile Systems Technology from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Finally, B. Riley raised shares of Tactile Systems Technology to a "hold" rating in a research note on Wednesday, May 7th. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Tactile Systems Technology currently has a consensus rating of "Hold" and a consensus target price of $16.00.

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.