Tactile Systems Technology Company Profile (NASDAQ:TCMD)

About Tactile Systems Technology (NASDAQ:TCMD)

Tactile Systems Technology logoTactile Systems Technology, Inc. is a medical technology company that develops and provides medical devices for the treatment of chronic diseases at home. The Company is a manufacturer and distributor of the Flexitouch and Entre Systems, medical devices that help control symptoms of lymphedema, a chronic and progressive medical condition that is often an unintended consequence of cancer treatment, and the ACTitouch System, a medical device used to treat venous leg ulcers and chronic venous insufficiency. Its products deliver long-term treatment of chronic diseases. The Company provides its products for use in the home and sells them through vascular, wound and lymphedema clinics throughout the United States. The Company offers a platform to deliver at-home healthcare solutions throughout the United States. Its initial area of therapeutic focus is vascular disease, with a focus on advancing the care in treating lymphedema and chronic venous insufficiency.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Medical Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:TCMD
  • CUSIP: N/A
  • Web: www.tactilemedical.com
Capitalization:
  • Market Cap: $628.14 million
  • Outstanding Shares: 17,586,000
Average Prices:
  • 50 Day Moving Avg: $32.80
  • 200 Day Moving Avg: $25.54
  • 52 Week Range: $14.37 - $37.88
P/E:
  • Trailing P/E Ratio: 129.92
  • Foreward P/E Ratio: 171.50
  • P/E Growth: 6.57
Sales & Book Value:
  • Annual Revenue: $97.23 million
  • Price / Sales: 6.20
  • Book Value: $3.77 per share
  • Price / Book: 9.10
Profitability:
  • EBIDTA: $3.09 million
  • Net Margins: 4.97%
  • Return on Equity: 3.05%
  • Return on Assets: 2.54%
Debt:
  • Current Ratio: 6.02%
  • Quick Ratio: 5.15%
Misc:
  • Average Volume: 202,650 shs.
  • Beta: 0.35
  • Short Ratio: 12.4
 

Frequently Asked Questions for Tactile Systems Technology (NASDAQ:TCMD)

What is Tactile Systems Technology's stock symbol?

Tactile Systems Technology trades on the NASDAQ under the ticker symbol "TCMD."

How were Tactile Systems Technology's earnings last quarter?

Tactile Systems Technology, Inc. (NASDAQ:TCMD) issued its quarterly earnings results on Monday, August, 7th. The company reported $0.04 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. The company had revenue of $26.30 million for the quarter, compared to analyst estimates of $23.88 million. Tactile Systems Technology had a return on equity of 3.05% and a net margin of 4.97%. The company's quarterly revenue was up 33.5% compared to the same quarter last year. During the same period last year, the company earned $0.04 earnings per share. View Tactile Systems Technology's Earnings History.

When will Tactile Systems Technology make its next earnings announcement?

Tactile Systems Technology is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Tactile Systems Technology.

Where is Tactile Systems Technology's stock going? Where will Tactile Systems Technology's stock price be in 2017?

3 brokers have issued 1-year target prices for Tactile Systems Technology's shares. Their forecasts range from $26.00 to $37.00. On average, they expect Tactile Systems Technology's stock price to reach $33.00 in the next year. View Analyst Ratings for Tactile Systems Technology.

Who are some of Tactile Systems Technology's key competitors?

Who are Tactile Systems Technology's key executives?

Tactile Systems Technology's management team includes the folowing people:

  • Peter H. Soderberg, Independent Chairman of the Board
  • Gerald R. Mattys, Chief Executive Officer, Director
  • Lynn Larson Blake, Chief Financial Officer
  • Robert J. Folkes, Chief Operating Officer
  • Bryan F. Rishe, Vice President of Sales
  • Mary E. Anderson, Vice President, Reimbursement
  • Mary Maggie Thompson, Vice President, Payer Relations and Government Affairs
  • Cheryl Pegus M.D., Director
  • William W. Burke, Independent Director
  • Jordan S. Davis, Independent Director

When did Tactile Systems Technology IPO?

(TCMD) raised $40 million in an IPO on Thursday, July 28th 2016. The company issued 4,000,000 shares at $10.00 per share. Piper Jaffray, William Blair and Canaccord Genuity served as the underwriters for the IPO and BTIG was co-manager.

Who owns Tactile Systems Technology stock?

Tactile Systems Technology's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (2.75%), Gilder Gagnon Howe & Co. LLC (2.58%), Vanguard Group Inc. (2.22%), Lord Abbett & CO. LLC (2.12%), Blair William & Co. IL (1.78%) and Koch Industries Inc. (1.28%). Company insiders that own Tactile Systems Technology stock include Bryan Rishe, Galen Partners V Lp, Gerald R Mattys, Kevin H Roche, Lynn Larson Blake, Maggie Thompson, Mary E Anderson, Peter H Soderberg, Radius Venture Partners Iii, L, Richard Nigon, Robert J Folkes and William W Burke. View Institutional Ownership Trends for Tactile Systems Technology.

Who sold Tactile Systems Technology stock? Who is selling Tactile Systems Technology stock?

Tactile Systems Technology's stock was sold by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Kornitzer Capital Management Inc. KS, GSA Capital Partners LLP, Royce & Associates LP, Murphy Pohlad Asset Management LLC, Rice Hall James & Associates LLC and Scholtz & Company LLC. Company insiders that have sold Tactile Systems Technology stock in the last year include Bryan Rishe, Galen Partners V Lp, Gerald R Mattys, Kevin H Roche, Lynn Larson Blake, Maggie Thompson, Mary E Anderson, Radius Venture Partners Iii, L, Robert J Folkes and William W Burke. View Insider Buying and Selling for Tactile Systems Technology.

Who bought Tactile Systems Technology stock? Who is buying Tactile Systems Technology stock?

Tactile Systems Technology's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Gilder Gagnon Howe & Co. LLC, Koch Industries Inc., Lord Abbett & CO. LLC, Blair William & Co. IL, Timpani Capital Management LLC, EAM Investors LLC and Public Employees Retirement System of Ohio. Company insiders that have bought Tactile Systems Technology stock in the last two years include Peter H Soderberg and Richard Nigon. View Insider Buying and Selling for Tactile Systems Technology.

How do I buy Tactile Systems Technology stock?

Shares of Tactile Systems Technology can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Tactile Systems Technology's stock price today?

One share of Tactile Systems Technology stock can currently be purchased for approximately $34.30.


MarketBeat Community Rating for Tactile Systems Technology (NASDAQ TCMD)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  85 (Vote Outperform)
Underperform Votes:  55 (Vote Underperform)
Total Votes:  140
MarketBeat's community ratings are surveys of what our community members think about Tactile Systems Technology and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Tactile Systems Technology (NASDAQ:TCMD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $33.00 (3.79% downside)

Analysts' Ratings History for Tactile Systems Technology (NASDAQ:TCMD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/18/2017BTIG ResearchDowngradeBuy -> NeutralMediumView Rating Details
8/8/2017Canaccord GenuityReiterated RatingBuy$28.00 -> $37.00HighView Rating Details
8/8/2017Piper Jaffray CompaniesBoost Price TargetOverweight$30.00 -> $36.00HighView Rating Details
8/22/2016William BlairInitiated CoverageOutperformN/AView Rating Details
(Data available from 9/19/2015 forward)

Earnings

Earnings History for Tactile Systems Technology (NASDAQ:TCMD)
Earnings by Quarter for Tactile Systems Technology (NASDAQ:TCMD)
Earnings History by Quarter for Tactile Systems Technology (NASDAQ TCMD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017$0.05N/AView Earnings Details
8/7/2017Q2 2017$0.01$0.04$23.88 million$26.30 millionViewListenView Earnings Details
5/8/2017Q1 2017($0.14)($0.09)$16.17 million$19.85 millionViewListenView Earnings Details
2/27/2017Q4 2016$0.05$0.13$27.44 million$28.50 millionViewListenView Earnings Details
11/10/2016Q3 2016$0.01$0.01$19.30 million$22.64 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Tactile Systems Technology (NASDAQ:TCMD)
2017 EPS Consensus Estimate: $0.11
2018 EPS Consensus Estimate: $0.20
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.09)($0.09)($0.09)
Q2 20171$0.01$0.01$0.01
Q3 20171$0.03$0.03$0.03
Q4 20171$0.16$0.16$0.16
Q1 20181($0.15)($0.15)($0.15)
Q2 20181$0.06$0.06$0.06
Q3 20181$0.09$0.09$0.09
Q4 20181$0.20$0.20$0.20
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Tactile Systems Technology (NASDAQ:TCMD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Tactile Systems Technology (NASDAQ:TCMD)
Insider Ownership Percentage: 49.90%
Institutional Ownership Percentage: 45.65%
Insider Trades by Quarter for Tactile Systems Technology (NASDAQ:TCMD)
Institutional Ownership by Quarter for Tactile Systems Technology (NASDAQ:TCMD)
Insider Trades by Quarter for Tactile Systems Technology (NASDAQ:TCMD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/15/2017Radius Venture Partners Iii, LMajor ShareholderSell1,000,500$31.02$31,035,510.00View SEC Filing  
9/6/2017Robert J FolkesCOOSell1,500$33.67$50,505.00View SEC Filing  
9/5/2017Bryan RisheVPSell1,500$32.77$49,155.00View SEC Filing  
9/1/2017Robert J FolkesCOOSell2,955$32.46$95,919.30View SEC Filing  
8/28/2017Kevin H RocheDirectorSell25,000$32.37$809,250.00View SEC Filing  
8/21/2017Bryan RisheVPSell1,500$33.57$50,355.00View SEC Filing  
8/14/2017Gerald R MattysCEOSell30,000$31.47$944,100.00View SEC Filing  
8/9/2017Robert J. FolkesCOOSell1,500$32.54$48,810.00View SEC Filing  
8/3/2017Bryan RisheVPSell1,500$28.29$42,435.00View SEC Filing  
8/1/2017Lynn Larson BlakeCFOSell682$29.55$20,153.10View SEC Filing  
8/1/2017Robert J FolkesCOOSell2,955$29.43$86,965.65View SEC Filing  
7/20/2017Bryan RisheVPSell1,500$30.41$45,615.00View SEC Filing  
7/12/2017Robert J FolkesCOOSell1,500$29.49$44,235.00View SEC Filing  
7/3/2017Bryan RisheVPSell1,500$28.44$42,660.00View SEC Filing  
7/3/2017Robert J FolkesCOOSell2,955$28.16$83,212.80View SEC Filing  
6/28/2017Galen Partners V LpMajor ShareholderSell200,000$28.85$5,770,000.00View SEC Filing  
6/21/2017Galen Partners V LpMajor ShareholderSell83,000$26.45$2,195,350.00View SEC Filing  
6/16/2017Maggie ThompsonVPSell62,561$25.07$1,568,404.27View SEC Filing  
6/14/2017Maggie ThompsonVPSell40,103$25.27$1,013,402.81View SEC Filing  
6/13/2017Galen Partners V LpMajor ShareholderSell295,455$25.00$7,386,375.00View SEC Filing  
6/12/2017William W BurkeDirectorSell1,500$25.25$37,875.00View SEC Filing  
6/5/2017Bryan RisheVPSell1,500$26.45$39,675.00View SEC Filing  
6/2/2017Mary E AndersonVPSell40,242$25.95$1,044,279.90View SEC Filing  
6/1/2017Galen Partners V LpMajor ShareholderSell200,000$25.00$5,000,000.00View SEC Filing  
5/26/2017Mary E AndersonVPSell7,768$23.08$179,285.44View SEC Filing  
5/24/2017Mary E AndersonVPSell13,586$23.72$322,259.92View SEC Filing  
5/19/2017Gerald R. MattysCEOSell20,000$24.00$480,000.00View SEC Filing  
5/11/2017Galen Partners V LpMajor ShareholderSell325,000$21.25$6,906,250.00View SEC Filing  
5/11/2017Kevin H. RocheDirectorSell30,000$21.53$645,900.00View SEC Filing  
5/3/2017Bryan RisheVPSell1,500$18.62$27,930.00View SEC Filing  
5/2/2017Lynn Larson BlakeCFOSell2,727$19.25$52,494.75View SEC Filing  
4/12/2017Robert J FolkesCOOSell1,500$17.59$26,385.00View SEC Filing  
4/10/2017Mary E AndersonVPSell9,503$19.43$184,643.29View SEC Filing  
4/7/2017Maggie ThompsonVPSell15,000$18.87$283,050.00View SEC Filing  
4/6/2017Mary E. AndersonVPSell10,000$18.57$185,700.00View SEC Filing  
3/13/2017Richard NigonDirectorBuy20,000$20.11$402,200.00View SEC Filing  
3/3/2017Kevin H RocheDirectorSell25,000$19.07$476,750.00View SEC Filing  
9/14/2016Richard NigonDirectorBuy18,750$16.87$316,312.50View SEC Filing  
8/2/2016Peter H SoderbergDirectorBuy100,000$10.00$1,000,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Tactile Systems Technology (NASDAQ:TCMD)
Latest Headlines for Tactile Systems Technology (NASDAQ:TCMD)
Source:
DateHeadline
finance.yahoo.com logoTactile Systems Technology, Inc. :TCMD-US: Earnings Analysis: Q2, 2017 By the Numbers : September 18, 2017
finance.yahoo.com - September 19 at 8:21 AM
americanbankingnews.com logoTactile Systems Technology, Inc. (TCMD) Downgraded by BTIG Research to Neutral
www.americanbankingnews.com - September 18 at 9:01 AM
americanbankingnews.com logoTactile Systems Technology, Inc. (TCMD) Major Shareholder Radius Venture Partners Iii, L Sells 1,000,500 Shares
www.americanbankingnews.com - September 15 at 7:26 PM
bizjournals.com logoTekscan Launches Footprint™ Plus: Digital Footprint Technology for Retailers to Enhance Their In-Store Experience
www.bizjournals.com - September 14 at 11:08 AM
bizjournals.com logoTekscan Launches Footprint™ Plus: Digital Footprint Technology for Retailers to Enhance Their In-Store Experience
www.bizjournals.com - September 14 at 11:08 AM
streetinsider.com logoTactile Systems Technology (TCMD) Prices 3.3M Secondary Common Stock Offering at $33/Share
www.streetinsider.com - September 14 at 11:08 AM
streetinsider.com logoTactile Systems Technology (TCMD) Prices 3.3M Secondary Common Stock Offering at $33/Share
www.streetinsider.com - September 14 at 11:08 AM
finance.yahoo.com logoTactile Medical Announces Secondary Offering of Common Stock
finance.yahoo.com - September 13 at 9:55 AM
finance.yahoo.com logoTactile Medical Announces Pricing of Secondary Offering of Common Stock
finance.yahoo.com - September 13 at 9:55 AM
americanbankingnews.com logoRobert J. Folkes Sells 1,500 Shares of Tactile Systems Technology, Inc. (TCMD) Stock
www.americanbankingnews.com - September 8 at 8:40 PM
americanbankingnews.com logoBryan Rishe Sells 1,500 Shares of Tactile Systems Technology, Inc. (TCMD) Stock
www.americanbankingnews.com - September 7 at 8:28 PM
americanbankingnews.com logoTactile Systems Technology, Inc. (TCMD) COO Sells $95,919.30 in Stock
www.americanbankingnews.com - September 6 at 9:16 PM
americanbankingnews.com logo Brokerages Expect Tactile Systems Technology, Inc. (TCMD) to Post $0.05 Earnings Per Share
www.americanbankingnews.com - September 5 at 10:18 PM
americanbankingnews.com logoKevin H. Roche Sells 25,000 Shares of Tactile Systems Technology, Inc. (TCMD) Stock
www.americanbankingnews.com - August 29 at 7:16 PM
americanbankingnews.com logoTactile Systems Technology, Inc. (TCMD) VP Bryan Rishe Sells 1,500 Shares
www.americanbankingnews.com - August 23 at 8:28 PM
americanbankingnews.com logoCritical Review: Tactile Systems Technology (TCMD) & Masimo Corporation (MASI)
www.americanbankingnews.com - August 18 at 10:18 PM
americanbankingnews.com logoTactile Systems Technology, Inc. (TCMD) CEO Gerald R. Mattys Sells 30,000 Shares
www.americanbankingnews.com - August 15 at 7:18 PM
americanbankingnews.com logoTactile Systems Technology, Inc. (TCMD) COO Sells $48,810.00 in Stock
www.americanbankingnews.com - August 11 at 8:56 PM
americanbankingnews.com logoTactile Systems Technology, Inc. Expected to Earn FY2017 Earnings of $0.32 Per Share (TCMD)
www.americanbankingnews.com - August 10 at 9:32 AM
americanbankingnews.com logoTactile Systems Technology, Inc. to Post Q3 2017 Earnings of $0.03 Per Share, William Blair Forecasts (NASDAQ:TCMD)
www.americanbankingnews.com - August 9 at 7:26 AM
americanbankingnews.com logoiRadimed Corporation (IRMD) and Tactile Systems Technology (TCMD) Head to Head Review
www.americanbankingnews.com - August 8 at 6:26 PM
americanbankingnews.com logoHead-To-Head Review: Masimo Corporation (MASI) versus Tactile Systems Technology (NASDAQ:TCMD)
www.americanbankingnews.com - August 8 at 2:24 PM
americanbankingnews.com logoTactile Systems Technology, Inc. (TCMD) Announces Quarterly Earnings Results, Beats Expectations By $0.03 EPS
www.americanbankingnews.com - August 8 at 10:51 AM
americanbankingnews.com logoTactile Systems Technology, Inc. (TCMD) Stock Rating Reaffirmed by Canaccord Genuity
www.americanbankingnews.com - August 8 at 10:06 AM
americanbankingnews.com logoTactile Systems Technology (TCMD) & Masimo Corporation (MASI) Financial Contrast
www.americanbankingnews.com - August 8 at 7:35 AM
seekingalpha.com logoTactile Systems Technology's (TCMD) CEO Gerald Mattys on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 8 at 7:22 AM
finance.yahoo.com logoTactile Systems Technology, Inc. Reports Second Quarter 2017 Financial Results; Updates 2017 Outlook
finance.yahoo.com - August 8 at 7:22 AM
finance.yahoo.com logoEdited Transcript of TCMD earnings conference call or presentation 7-Aug-17 9:00pm GMT
finance.yahoo.com - August 8 at 7:22 AM
finance.yahoo.com logoTactile Systems Technology posts 2Q profit
finance.yahoo.com - August 8 at 7:22 AM
americanbankingnews.com logoAnalyzing Tactile Systems Technology (NASDAQ:TCMD) & Masimo Corporation (MASI)
www.americanbankingnews.com - August 5 at 12:12 AM
americanbankingnews.com logoTactile Systems Technology, Inc. (TCMD) CFO Lynn Larson Blake Sells 682 Shares
www.americanbankingnews.com - August 3 at 9:28 PM
americanbankingnews.com logoTactile Systems Technology, Inc. (NASDAQ:TCMD) COO Sells $86,965.65 in Stock
www.americanbankingnews.com - August 3 at 9:04 PM
finance.yahoo.com logoTactile Medical Announces Appointment of Cheryl Pegus to Board of Directors
finance.yahoo.com - August 2 at 7:43 AM
americanbankingnews.com logoTactile Systems Technology, Inc. (TCMD) Set to Announce Earnings on Monday
www.americanbankingnews.com - July 31 at 8:30 AM
americanbankingnews.com logoTactile Systems Technology, Inc. (TCMD) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - July 28 at 11:04 PM
americanbankingnews.com logoValuEngine Upgrades Tactile Systems Technology, Inc. (TCMD) to Hold
www.americanbankingnews.com - July 28 at 10:27 PM
globenewswire.com logoTactile Medical to Present at the Canaccord Genuity 37th Annual Growth Conference - GlobeNewswire (press release)
globenewswire.com - July 28 at 8:37 AM
nasdaq.com logoTactile Medical to Present at the Canaccord Genuity 37th Annual Growth Conference - Nasdaq
www.nasdaq.com - July 27 at 8:15 AM
finance.yahoo.com logoTactile Medical to Present at the Canaccord Genuity 37th Annual Growth Conference
finance.yahoo.com - July 27 at 8:15 AM
americanbankingnews.com logoHead-To-Head Comparison: Penumbra (PEN) and Tactile Systems Technology (TCMD)
www.americanbankingnews.com - July 25 at 9:02 AM
americanbankingnews.com logoTactile Systems Technology, Inc. (NASDAQ:TCMD) VP Bryan Rishe Sells 1,500 Shares
www.americanbankingnews.com - July 24 at 10:26 PM
americanbankingnews.com logoZacks: Tactile Systems Technology, Inc. (TCMD) Receives Average Recommendation of "Strong Buy" from Analysts
www.americanbankingnews.com - July 12 at 4:18 PM
streetinsider.com logoTactile Systems Technology, Inc. (TCMD) Appoints Thomas O'Donnell, Jr. as CMO - StreetInsider.com
www.streetinsider.com - July 11 at 9:12 PM
finance.yahoo.com logoTactile Medical Appoints Dr. Thomas F. O’Donnell, Jr. as Chief Medical Officer
finance.yahoo.com - July 11 at 4:07 PM
americanbankingnews.com logoComparing Tactile Systems Technology (NASDAQ:TCMD) and Entellus Medical (ENTL)
www.americanbankingnews.com - July 8 at 7:42 AM
americanbankingnews.com logo Analysts Expect Tactile Systems Technology, Inc. (TCMD) Will Post Earnings of $0.01 Per Share
www.americanbankingnews.com - July 7 at 12:12 PM
americanbankingnews.com logoBryan Rishe Sells 1,500 Shares of Tactile Systems Technology, Inc. (NASDAQ:TCMD) Stock
www.americanbankingnews.com - July 6 at 8:26 PM
americanbankingnews.com logoRobert J. Folkes Sells 2,955 Shares of Tactile Systems Technology, Inc. (NASDAQ:TCMD) Stock
www.americanbankingnews.com - July 6 at 8:04 PM
nasdaq.com logoTactile Medical to Release Second Quarter 2017 Financial Results on August 7, 2017 - Nasdaq
www.nasdaq.com - July 6 at 12:14 PM
finance.yahoo.com logoTactile Medical to Release Second Quarter 2017 Financial Results on August 7, 2017
finance.yahoo.com - July 6 at 12:14 PM

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Chart

Tactile Systems Technology (TCMD) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff