Tactile Systems Technology (NASDAQ:TCMD) Upgraded by William Blair to "Strong-Buy" Rating

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 research report released on Tuesday,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.

A number of other brokerages have also recently weighed in on TCMD. Piper Sandler cut 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 report on Tuesday, May 6th. B. Riley reiterated a "neutral" rating and issued a $13.00 price target (up previously from $12.00) on shares of Tactile Systems Technology in a research note on Tuesday, August 5th. Finally, 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. Four research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $13.50.

Tactile Systems Technology Trading Down 1.3%

Shares of TCMD traded down $0.16 during trading on Tuesday, reaching $12.28. 225,255 shares of the company traded hands, compared to its average volume of 250,764. Tactile Systems Technology has a twelve month low of $8.61 and a twelve month high of $21.10. The stock has a market cap of $273.75 million, a PE ratio of 19.81 and a beta of 0.96. The stock has a 50-day simple moving average of $10.26 and a 200-day simple moving average of $12.52. The company has a quick ratio of 3.99, a current ratio of 3.79 and a debt-to-equity ratio of 0.11.

Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.05. Tactile Systems Technology had a net margin of 5.06% and a return on equity of 7.72%. The business had revenue of $78.91 million during the quarter, compared to analysts' expectations of $73.93 million. On average, analysts anticipate 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 business's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $9.94, for a total transaction of $29,034.74. Following the completion of the sale, the chief financial officer owned 99,111 shares in the company, valued at approximately $985,163.34. The trade was a 2.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.50% of the stock is owned by corporate insiders.

Institutional Trading of Tactile Systems Technology

Several institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC raised its position in Tactile Systems Technology by 64,350.0% in the 1st quarter. GAMMA Investing LLC now owns 2,578 shares of the company's stock valued at $34,000 after purchasing an additional 2,574 shares during the last quarter. Victory Capital Management Inc. purchased a new stake in Tactile Systems Technology in the 1st quarter valued at $1,160,000. Arrowstreet Capital Limited Partnership raised its position in Tactile Systems Technology by 163.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 52,227 shares of the company's stock valued at $895,000 after purchasing an additional 32,378 shares during the last quarter. Bank of America Corp DE raised its position in Tactile Systems Technology by 67.5% in the 4th quarter. Bank of America Corp DE now owns 101,867 shares of the company's stock valued at $1,745,000 after purchasing an additional 41,037 shares during the last quarter. Finally, Millennium Management LLC purchased a new stake in Tactile Systems Technology in the 4th quarter valued at $2,793,000. Hedge funds and other institutional investors own 83.43% of the company's stock.

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.