What is William Blair's Forecast for TCMD Q2 Earnings?

Tactile Systems Technology, Inc. (NASDAQ:TCMD - Free Report) - Analysts at William Blair decreased their Q2 2025 earnings per share estimates for shares of Tactile Systems Technology in a research report issued on Tuesday, May 6th. William Blair analyst M. Andrew now anticipates that the company will post earnings per share of $0.05 for the quarter, down from their previous forecast of $0.15. 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 Q3 2025 earnings at $0.15 EPS and Q1 2026 earnings at ($0.04) EPS.

Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analyst estimates of $63.48 million. Tactile Systems Technology had a net margin of 5.79% and a return on equity of 9.37%. During the same quarter last year, the company earned ($0.05) EPS.

TCMD has been the subject of several other research reports. B. Riley raised Tactile Systems Technology to a "hold" rating in a research note on Wednesday, May 7th. Piper Sandler cut shares of Tactile Systems Technology from an "overweight" rating to a "neutral" rating and reduced their target price 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 equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $16.00.

Tactile Systems Technology Stock Up 2.6%

Shares of Tactile Systems Technology stock traded up $0.25 on Thursday, hitting $9.97. 199,506 shares of the company traded hands, compared to its average volume of 261,178. The company has a market cap of $231.78 million, a PE ratio of 14.24 and a beta of 1.05. Tactile Systems Technology has a 12-month low of $8.61 and a 12-month high of $21.10. 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 company has a 50-day moving average price of $13.21 and a 200 day moving average price of $15.55.

Insider Buying and Selling at Tactile Systems Technology

In related news, VP Kristie Burns sold 4,830 shares of the company's stock in a transaction on 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 directly owns 84,008 shares in the company, valued at approximately $1,230,717.20. This represents a 5.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Daniel L. Reuvers sold 10,938 shares of Tactile Systems Technology stock in a transaction on Monday, February 24th. The stock was sold at an average price of $14.55, for a total transaction of $159,147.90. Following the sale, the director now owns 242,942 shares in the company, valued at $3,534,806.10. This represents 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 ninety days. Company insiders own 2.50% of the company's stock.

Institutional Trading of Tactile Systems Technology

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

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.