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: $19.07
  • 50 Day Moving Average: $18.55
  • 200 Day Moving Average: $17.27
  • 52-Week Range: $10.00 - $22.29
  • Trailing P/E Ratio: 127.13
  • Foreward P/E Ratio: 90.81
  • P/E Growth: 9.10
  • Market Cap: $322.21M
  • 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 (18.86% 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 4/24/2015 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$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: $0.09
2018 EPS Consensus Estimate: $0.19
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.09)($0.09)($0.09)
Q2 20171$0.01$0.01$0.01
Q3 20171$0.05$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
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. breached its 50 day moving average in a Bullish Manner : TCMD-US : April 21, 2017
finance.yahoo.com - April 21 at 7:57 PM
finance.yahoo.com logoTactile Medical to Participate in Upcoming Investor Conferences in May
finance.yahoo.com - April 20 at 9:02 PM
americanbankingnews.com logo Tactile Systems Technology Inc (TCMD) Given $22.00 Average Target Price by Analysts
www.americanbankingnews.com - April 20 at 3:20 PM
americanbankingnews.com logoTactile Systems Technology Inc (TCMD) COO Sells $26,385.00 in Stock
www.americanbankingnews.com - April 14 at 7:41 PM
americanbankingnews.com logoTactile Systems Technology Inc (TCMD) VP Mary E. Anderson Sells 9,503 Shares
www.americanbankingnews.com - April 11 at 7:59 PM
americanbankingnews.com logoInsider Selling: Tactile Systems Technology Inc (TCMD) VP Sells 15,000 Shares of Stock
www.americanbankingnews.com - April 10 at 7:51 PM
finance.yahoo.com logoTactile Medical to Release First Quarter 2017 Financial Results on May 8, 2017
finance.yahoo.com - April 10 at 7:39 PM
americanbankingnews.com logoTactile Systems Technology Inc (TCMD) VP Sells $185,700.00 in Stock
www.americanbankingnews.com - April 7 at 4:53 PM
finance.yahoo.com logoETFs with exposure to Tactile Systems Technology, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 12:56 PM
americanbankingnews.com logoTactile Systems Technology Inc (TCMD) Director Richard Nigon Buys 20,000 Shares
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
biz.yahoo.com - March 11 at 6:19 AM
finance.yahoo.com logoTactile Systems Technology (TCMD) Shares March Higher, Can It Continue?
finance.yahoo.com - March 9 at 8:07 PM
finance.yahoo.com logoTACTILE SYSTEMS TECHNOLOGY INC Financials
finance.yahoo.com - March 3 at 8:13 PM
seekingalpha.com logoTactile Systems Technology EPS of $0.13
seekingalpha.com - March 1 at 9:35 AM
streetinsider.com logoTactile Systems Technology, Inc. (TCMD) Tops Q4 EPS by 9c
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
us.rd.yahoo.com - February 27 at 4:57 PM
biz.yahoo.com logoTACTILE SYSTEMS TECHNOLOGY INC Files SEC form 10-K, Annual Report
us.rd.yahoo.com - February 27 at 4:57 PM
biz.yahoo.com logoQ4 2016 Tactile Systems Technology Inc Earnings Release - After Market Close
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
finance.yahoo.com - February 15 at 6:23 AM
nasdaq.com logoTactile Systems Technology Inc. (TCMD), Interview with Gerald R. Mattys, CEO
www.nasdaq.com - January 23 at 11:20 PM
finance.yahoo.com logoTactile Medical to Ring the Nasdaq Stock Market Opening Bell
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
finance.yahoo.com - January 13 at 4:36 PM
reuters.com logoBRIEF-Tactile Systems sees FY 2016 revenue $83 mln-$84 mln
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
www.nasdaq.com - January 10 at 1:19 AM
streetinsider.com logoBTIG Says Tactile Medical (TCMD) Is A Top Pick For 2017
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
finance.yahoo.com - November 11 at 10:49 AM
reuters.com logoBRIEF-Tactile Systems Technology reports Q3 EPS of $0.01
www.reuters.com - November 10 at 7:48 PM
streetinsider.com logoTactile Systems Technology (TCMD) Reports In-Line Q3 EPS
www.streetinsider.com - November 10 at 7:48 PM
seekingalpha.com logoTactile Systems Technology EPS in-line, beats on revenue
seekingalpha.com - November 10 at 7:48 PM
biz.yahoo.com logoTactile Systems Technology Inc Earnings Call (Q3 2016)
biz.yahoo.com - November 10 at 11:17 AM
biz.yahoo.com logoQ3 2016 Tactile Systems Technology Inc Earnings Release - After Market Close
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
biz.yahoo.com - November 10 at 11:17 AM
finance.yahoo.com logoCan Tactile Systems (TCMD) Run Higher on Strong Earnings Estimate Revisions?
finance.yahoo.com - September 23 at 7:00 PM
seekingalpha.com logoTactile Systems Technology revenues up 33% in Q2
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
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
biz.yahoo.com - September 7 at 7:43 PM
finance.yahoo.com logoCoverage initiated on Tactile Systems by Piper Jaffray
finance.yahoo.com - August 22 at 7:36 PM
finance.yahoo.com logoTactile Systems Announces Closing of Initial Public Offering
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
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 results on Monday, February, 27th. The company reported $0.13 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.05 by $0.09. The company had revenue of $28.50 million for the quarter, compared to the consensus estimate of $27.44 million. Tactile Systems Technology had a net margin of 1.87% and a return on equity of 15.57%. The company's revenue for the quarter was up 34.4% on a year-over-year basis.

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 1-year price objectives for Tactile Systems Technology's stock. Their predictions range from $17.00 to $26.00. On average, they expect Tactile Systems Technology's share price to reach $22.67 in the next year.

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 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.

Who owns Tactile Systems Technology stock?

Tactile Systems Technology's stock is owned by a number of of retail and institutional investors. Top institutional investors include Rice Hall James & Associates LLC (0.67%), Perkins Capital Management Inc. (0.57%) and Murphy Pohlad Asset Management LLC (0.11%). Company insiders that own Tactile Systems Technology stock include Kevin H Roche, Maggie Thompson, Mary E Anderson, Peter H Soderberg, Richard Nigon and Robert J Folkes.

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 Rice Hall James & Associates LLC and Murphy Pohlad Asset Management LLC. 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 $19.07.

Tactile Systems Technology (TCMD) Chart for Monday, April, 24, 2017

This page was last updated on 4/24/2017 by MarketBeat.com Staff