Tactile Systems Technology Company Profile (NASDAQ:TCMD)

About Tactile Systems Technology (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: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: TCMD
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $18.86
  • 50 Day Moving Average: $17.58
  • 200 Day Moving Average: $17.23
  • 52-Week Range: $10.00 - $22.29
  • Trailing P/E Ratio: 119.07
  • Foreward P/E Ratio: 85.05
  • P/E Growth: 8.99
  • Market Cap: $301.76M
  • Outstanding Shares: 16,896,000
Profitability:
  • Net Margins: 1.87%
  • Return on Equity: 15.57%
  • Return on Assets: 3.35%
Debt:
  • Current Ratio: 5.72%
  • Quick Ratio: 5.13%

Analyst Ratings

Consensus Ratings for Tactile Systems Technology (NASDAQ:TCMD) (?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $22.67 (26.91% upside)

Analysts' Ratings History for Tactile Systems Technology (NASDAQ:TCMD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/10/2017BTIG ResearchReiterated RatingBuy$26.00N/AView Rating Details
2/28/2017Canaccord GenuityReiterated RatingBuyN/AView Rating Details
8/22/2016William BlairInitiated CoverageOutperformN/AView Rating Details
8/22/2016Piper Jaffray CompaniesInitiated CoverageOverweight$17.00N/AView Rating Details
(Data available from 3/23/2015 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
2/27/2017        
2/27/2017Q4 2016$0.05$0.13$27.44 million$28.50 millionViewListenView Earnings Details
11/10/2016Q3 2016$0.01$0.01$22.64 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Tactile Systems Technology (NASDAQ:TCMD)
Current Year EPS Consensus Estimate: $0.10 EPS
Next Year EPS Consensus Estimate: $0.21 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.06$0.06$0.06
Q3 20161($0.05)($0.05)($0.05)
Q4 20161$0.03$0.03$0.03
Q1 20171($0.09)($0.09)($0.09)
Q2 20171$0.01$0.01$0.01
Q3 20171$0.05$0.05$0.05
Q4 20171$0.12$0.12$0.12
Q1 20181($0.12)($0.12)($0.12)
Q2 20181$0.05$0.05$0.05
Q3 20181$0.09$0.09$0.09
Q4 20181$0.17$0.17$0.17
(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)
Institutional Ownership Percentage: 20.74%
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
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
News IconTactile Systems Technology Inc (TCMD) Director Richard Nigon Buys 20,000 Shares (NASDAQ:TCMD)
www.americanbankingnews.com - March 15 at 7:45 PM
biz.yahoo.com logoTACTILE SYSTEMS TECHNOLOGY INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements an (NASDAQ:TCMD)
biz.yahoo.com - March 11 at 6:19 AM
finance.yahoo.com logoTactile Systems Technology (TCMD) Shares March Higher, Can It Continue? (NASDAQ:TCMD)
finance.yahoo.com - March 9 at 8:07 PM
finance.yahoo.com logoTACTILE SYSTEMS TECHNOLOGY INC Financials (NASDAQ:TCMD)
finance.yahoo.com - March 3 at 8:13 PM
seekingalpha.com logoTactile Systems Technology EPS of $0.13 (NASDAQ:TCMD)
seekingalpha.com - March 1 at 9:35 AM
streetinsider.com logoTactile Systems Technology, Inc. (TCMD) Tops Q4 EPS by 9c (NASDAQ:TCMD)
www.streetinsider.com - March 1 at 9:35 AM
us.rd.yahoo.com logoTactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2016 Financial Results; Provides 2017 Outlook (NASDAQ:TCMD)
us.rd.yahoo.com - February 27 at 4:57 PM
biz.yahoo.com logoTACTILE SYSTEMS TECHNOLOGY INC Files SEC form 10-K, Annual Report (NASDAQ:TCMD)
us.rd.yahoo.com - February 27 at 4:57 PM
biz.yahoo.com logoQ4 2016 Tactile Systems Technology Inc Earnings Release - After Market Close (NASDAQ:TCMD)
us.rd.yahoo.com - February 27 at 8:55 AM
finance.yahoo.com logoTactile Medical to Release Fourth Quarter and Fiscal Year 2016 Financial Results on February 27th (NASDAQ:TCMD)
finance.yahoo.com - February 15 at 6:23 AM
nasdaq.com logoTactile Systems Technology Inc. (TCMD), Interview with Gerald R. Mattys, CEO (NASDAQ:TCMD)
www.nasdaq.com - January 23 at 11:20 PM
finance.yahoo.com logoTactile Medical to Ring the Nasdaq Stock Market Opening Bell (NASDAQ:TCMD)
finance.yahoo.com - January 17 at 10:48 AM
finance.yahoo.com logoTactile Systems Technology, Inc. (Nasdaq: TCMD) to Ring The Nasdaq Stock Market Opening Bell (NASDAQ:TCMD)
finance.yahoo.com - January 13 at 4:36 PM
reuters.com logoBRIEF-Tactile Systems sees FY 2016 revenue $83 mln-$84 mln (NASDAQ:TCMD)
www.reuters.com - January 10 at 1:19 AM
nasdaq.com logoTactile Systems Technology, Inc. Reports Preliminary Full Year and Fourth Quarter 2016 Revenue Results (NASDAQ:TCMD)
www.nasdaq.com - January 10 at 1:19 AM
streetinsider.com logoBTIG Says Tactile Medical (TCMD) Is A Top Pick For 2017 (NASDAQ:TCMD)
www.streetinsider.com - January 6 at 3:18 PM
finance.yahoo.com logoEdited Transcript of TCMD earnings conference call or presentation 10-Nov-16 10:00pm GMT (NASDAQ:TCMD)
finance.yahoo.com - November 11 at 10:49 AM
reuters.com logoBRIEF-Tactile Systems Technology reports Q3 EPS of $0.01 (NASDAQ:TCMD)
www.reuters.com - November 10 at 7:48 PM
streetinsider.com logoTactile Systems Technology (TCMD) Reports In-Line Q3 EPS (NASDAQ:TCMD)
www.streetinsider.com - November 10 at 7:48 PM
seekingalpha.com logoTactile Systems Technology EPS in-line, beats on revenue (NASDAQ:TCMD)
seekingalpha.com - November 10 at 7:48 PM
biz.yahoo.com logoTactile Systems Technology Inc Earnings Call (Q3 2016) (NASDAQ:TCMD)
biz.yahoo.com - November 10 at 11:17 AM
biz.yahoo.com logoQ3 2016 Tactile Systems Technology Inc Earnings Release - After Market Close (NASDAQ:TCMD)
biz.yahoo.com - November 10 at 11:17 AM
biz.yahoo.com logoTactile Systems Technology Inc Earnings Call scheduled for 5:00 pm ET today (NASDAQ:TCMD)
biz.yahoo.com - November 10 at 11:17 AM
finance.yahoo.com logoCan Tactile Systems (TCMD) Run Higher on Strong Earnings Estimate Revisions? (NASDAQ:TCMD)
finance.yahoo.com - September 23 at 7:00 PM
seekingalpha.com logoTactile Systems Technology revenues up 33% in Q2 (NASDAQ:TCMD)
seekingalpha.com - September 8 at 11:28 AM
finance.yahoo.com logo4:23 pm Tactile Systems reports EPS in-line, revs in-line; guides FY15 revs in-line (NASDAQ:TCMD)
finance.yahoo.com - September 7 at 7:43 PM
biz.yahoo.com logoTACTILE SYSTEMS TECHNOLOGY INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement (NASDAQ:TCMD)
biz.yahoo.com - September 7 at 7:43 PM
finance.yahoo.com logoCoverage initiated on Tactile Systems by Piper Jaffray (NASDAQ:TCMD)
finance.yahoo.com - August 22 at 7:36 PM
finance.yahoo.com logoTactile Systems Announces Closing of Initial Public Offering (NASDAQ:TCMD)
finance.yahoo.com - August 5 at 11:39 AM
biz.yahoo.com logoTACTILE SYSTEMS TECHNOLOGY INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, F (NASDAQ:TCMD)
biz.yahoo.com - August 5 at 11:39 AM

Social

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 data on Monday, February, 27th. The company reported $0.13 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.05 by $0.09. The business earned $28.50 million during the quarter, compared to analyst estimates of $27.44 million. Tactile Systems Technology had a net margin of 1.87% and a return on equity of 15.57%. The firm's revenue for the quarter was up 34.4% compared to the same quarter last year.

When will Tactile Systems Technology make its next earnings announcement?

Tactile Systems Technology is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

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

4 brokerages have issued 12 month target prices for Tactile Systems Technology's stock. Their forecasts range from $17.00 to $26.00. On average, they expect Tactile Systems Technology's stock price to reach $22.67 in the next twelve months.

When did Tactile Systems Technology IPO?

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

When did the company's lock-up period expire?

Tactile Systems Technology's lock-up period expired on Tuesday, January 24th. Tactile Systems Technology had issued 4,000,000 shares in its IPO on July 28th. The total size of the offering was $40,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.

Who owns Tactile Systems Technology stock?

Tactile Systems Technology's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fred Alger Management Inc. (1.57%), RTW Investments LP (1.49%), Wall Street Associates (0.75%), Perritt Capital Management Inc. (0.58%), State Street Corp (0.26%) and GSA Capital Partners LLP (0.14%). Company insiders that own Tactile Systems Technology stock include Kevin H Roche, Peter H Soderberg and Richard Nigon.

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 Fred Alger Management Inc., Wall Street Associates, Marshall Wace LLP and Perritt Capital Management Inc..

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 GSA Capital Partners LLP, RTW Investments LP and State Street Corp. Company insiders that have bought Tactile Systems Technology stock in the last two years include Peter H Soderberg and Richard Nigon.

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.

How much does a share of Tactile Systems Technology stock cost?

One share of Tactile Systems Technology stock can currently be purchased for approximately $17.86.

Tactile Systems Technology (TCMD) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by MarketBeat.com Staff