Tactile Systems Technology (NASDAQ:TCMD) Upgraded at William Blair

Key Points

• William Blair has upgraded Tactile Systems Technology (NASDAQ:TCMD) to a "strong-buy" rating, indicating a positive outlook from the equities researchers.
• Despite the upgrade, other analysts have varied opinions; Piper Sandler downgraded the stock from "overweight" to "neutral," reducing the price target from $25.00 to $14.00.
• Currently, Tactile Systems Technology holds a consensus rating of "Hold" among analysts, with a target price of $13.50 after the recent shifts in ratings.

William Blair upgraded shares of Tactile Systems Technology (NASDAQ:TCMD - Free Report) to a strong-buy rating in a report released on Tuesday morning,Zacks.com reports. William Blair also issued estimates for Tactile Systems Technology's Q3 2025 earnings at $0.15 EPS, Q4 2025 earnings at $0.44 EPS, FY2025 earnings at $0.60 EPS, Q1 2026 earnings at ($0.04) EPS, Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at $0.20 EPS, Q4 2026 earnings at $0.44 EPS and FY2026 earnings at $0.82 EPS.

Several other equities analysts also recently commented on TCMD. Wall Street Zen downgraded Tactile Systems Technology from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Piper Sandler lowered 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 report on Tuesday, May 6th. Finally, B. Riley reaffirmed a "neutral" rating and set a $13.00 target price (up previously from $12.00) on shares of Tactile Systems Technology in a report on Tuesday. Five analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Tactile Systems Technology currently has a consensus rating of "Hold" and a consensus target price of $13.50.

Tactile Systems Technology Stock Up 3.5%

NASDAQ:TCMD traded up $0.42 during trading hours on Tuesday, hitting $12.44. 305,956 shares of the company traded hands, compared to its average volume of 241,694. Tactile Systems Technology has a one year low of $8.61 and a one year high of $21.10. The company has a quick ratio of 3.99, a current ratio of 3.79 and a debt-to-equity ratio of 0.11. The company has a market cap of $277.29 million, a PE ratio of 20.06 and a beta of 0.96. The firm's 50-day simple moving average is $10.22 and its 200-day simple moving average is $12.60.

Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) last released its earnings results on Monday, August 4th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.05. The company had revenue of $78.91 million during the quarter, compared to analyst estimates of $73.93 million. Tactile Systems Technology had a return on equity of 7.72% and a net margin of 5.06%. Equities analysts predict that Tactile Systems Technology will post 0.7 earnings per share for the current year.

Insider Transactions at Tactile Systems Technology

In other news, CFO Elaine M. Birkemeyer sold 2,921 shares of the company's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $9.94, for a total value of $29,034.74. Following the completion of the transaction, the chief financial officer directly owned 99,111 shares in the company, valued at approximately $985,163.34. This represents a 2.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.50% of the company's stock.

Institutional Investors Weigh In On Tactile Systems Technology

A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in Tactile Systems Technology by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 1,501,006 shares of the company's stock worth $19,843,000 after acquiring an additional 17,314 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Tactile Systems Technology by 8.1% during 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. Acadian Asset Management LLC grew its stake in shares of Tactile Systems Technology by 248.3% in the 2nd quarter. Acadian Asset Management LLC now owns 683,662 shares of the company's stock worth $6,930,000 after buying an additional 487,392 shares during the last quarter. Deutsche Bank AG grew its stake in shares of Tactile Systems Technology by 1.0% in the first quarter. Deutsche Bank AG now owns 623,033 shares of the company's stock worth $8,236,000 after acquiring an additional 6,421 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Tactile Systems Technology by 44.0% in the 4th quarter. Renaissance Technologies LLC now owns 451,100 shares of the company's stock worth $7,727,000 after purchasing an additional 137,900 shares during the last quarter. 83.43% of the stock is currently owned by institutional investors.

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.