NASDAQ:TCMD - Tactile Systems Technology Stock Price, News, & Analysis

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$58.52 -0.05 (-0.09 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$58.52
Today's Range$56.98 - $61.10
52-Week Range$25.63 - $73.24
Volume197,060 shs
Average Volume218,652 shs
Market Capitalization$1.07 billion
P/E Ratio278.67
Dividend YieldN/A
Beta1.4
Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices for the treatment of chronic diseases in the United States. The company offers proprietary Flexitouch system, an at-home solution for lymphedema patients; and ACTitouch system, a home-based solution for chronic venous insufficiency patients. It also provides Entré System, a basic pneumatic compression device that is used for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers. The company was founded in 1995 and is headquartered in Minneapolis, Minnesota.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:TCMD
Previous Symbol
CUSIPN/A
Phone612-355-5100

Debt

Debt-to-Equity RatioN/A
Current Ratio5.33
Quick Ratio4.44

Price-To-Earnings

Trailing P/E Ratio278.67
Forward P/E Ratio254.43
P/E Growth12.56

Sales & Book Value

Annual Sales$109.28 million
Price / Sales9.89
Cash Flow$0.3322 per share
Price / Cash176.16
Book Value$4.52 per share
Price / Book12.95

Profitability

EPS (Most Recent Fiscal Year)$0.21
Net Income$5.85 million
Net Margins4.92%
Return on Equity8.53%
Return on Assets7.10%

Miscellaneous

Employees406
Outstanding Shares18,470,000
Market Cap$1.07 billion
OptionableOptionable

Tactile Systems Technology (NASDAQ:TCMD) Frequently Asked Questions

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) posted its quarterly earnings results on Monday, November, 5th. The company reported $0.09 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.05 by $0.04. The firm earned $36.30 million during the quarter, compared to analysts' expectations of $34.22 million. Tactile Systems Technology had a return on equity of 8.53% and a net margin of 4.92%. The company's revenue was up 28.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.07 earnings per share. View Tactile Systems Technology's Earnings History.

When is Tactile Systems Technology's next earnings date?

Tactile Systems Technology is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for Tactile Systems Technology.

What guidance has Tactile Systems Technology issued on next quarter's earnings?

Tactile Systems Technology issued an update on its FY 2018 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $136-137 million, compared to the consensus revenue estimate of $136.56 million.

What price target have analysts set for TCMD?

5 analysts have issued 1 year price objectives for Tactile Systems Technology's stock. Their predictions range from $75.00 to $77.00. On average, they anticipate Tactile Systems Technology's share price to reach $76.00 in the next twelve months. This suggests a possible upside of 29.9% from the stock's current price. View Analyst Price Targets for Tactile Systems Technology.

What is the consensus analysts' recommendation for Tactile Systems Technology?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tactile Systems Technology.

What are Wall Street analysts saying about Tactile Systems Technology stock?

Here are some recent quotes from research analysts about Tactile Systems Technology stock:
  • 1. BTIG Research analysts commented, "Medical put up yet another good quarter, beating consensus total revenue by ~$2M. Guidance for 2018 was increased again, from the previous $134-$135M to $136-$137M, or 25-26% y/y growth. This is a familiar formula and we continue to see this guidance range as more than achievable. Although management pointed to a negotiated contract with a large payor—expected to negatively impact ASPs and gross margins—as a near-term revenue headwind, we see plenty of drivers that should continue to boost sales growth in Q4 and beyond. Among them, the anticipated lift to patient volumes from the large payor contract, the early timing of the awarded VA Federal Supply Schedule (FSS) that now includes Flexitouch Plus (we think this may start to have a small positive impact in Q4), accelerated sales rep hiring, and added focus on Head & Neck." (11/6/2018)
  • 2. According to Zacks Investment Research, "Tactile Systems Technology, Inc. is a medical technology company which develops medical devices for the treatment of chronic diseases at home. The company's product pipeline consists of Flexitouch System(R), the Entré System and the ACTitouch System (R). Tactile Systems Technology, Inc. is headquartered in Minneapolis, Minnesota. " (10/27/2018)
  • 3. Canaccord Genuity analysts commented, "We are updating our model to include 2019 estimates. We reiterate our BUY rating and $37 price target." (1/3/2018)

Has Tactile Systems Technology been receiving favorable news coverage?

News coverage about TCMD stock has trended negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tactile Systems Technology earned a daily sentiment score of -2.6 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

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:
  • Mr. Gerald R. Mattys, CEO & Director (Age 58)
  • Mr. Robert J. Folkes, Chief Operating Officer (Age 55)
  • Ms. Lynn L. Blake, Advisor (Age 51)
  • Mr. Brent A. Moen, Chief Financial Officer (Age 51)
  • Ms. Sunday J. Hoy Esq., Compliance Officer

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 served as the underwriters for the IPO and BTIG was co-manager.

Who are Tactile Systems Technology's major shareholders?

Tactile Systems Technology's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.09%), Alliancebernstein L.P. (4.75%), Janus Henderson Group PLC (3.41%), Blair William & Co. IL (3.10%), Peregrine Capital Management LLC (2.95%) and Thrivent Financial for Lutherans (1.89%). Company insiders that own Tactile Systems Technology stock include Bryan Rishe, Cheryl Pegus, Galen Partners V Lp, Gerald R Mattys, Jordan Davis, Kevin H Roche, Lynn Larson Blake, Maggie Thompson, Mary E Anderson, Radius Venture Partners Iii, L, Richard Nigon, Robert J Folkes and William W Burke. View Institutional Ownership Trends for Tactile Systems Technology.

Which major investors are selling Tactile Systems Technology stock?

TCMD stock was sold by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Alliancebernstein L.P., AWM Investment Company Inc., Thrivent Financial for Lutherans, Peregrine Capital Management LLC, Massachusetts Financial Services Co. MA, Carlson Capital Management and Russell Investments Group Ltd.. Company insiders that have sold Tactile Systems Technology company stock in the last year include Bryan Rishe, Gerald R Mattys, Jordan Davis, Kevin H Roche, Lynn Larson Blake, Maggie Thompson, Robert J Folkes and William W Burke. View Insider Buying and Selling for Tactile Systems Technology.

Which major investors are buying Tactile Systems Technology stock?

TCMD stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, Castleark Management LLC, Putnam Investments LLC, Mutual of America Capital Management LLC, Cadence Capital Management LLC, Dimensional Fund Advisors LP and Teachers Advisors LLC. Company insiders that have bought Tactile Systems Technology stock in the last two years include Cheryl Pegus and Richard Nigon. View Insider Buying and Selling for Tactile Systems Technology.

How do I buy shares of Tactile Systems Technology?

Shares of TCMD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 TCMD stock can currently be purchased for approximately $58.52.

How big of a company is Tactile Systems Technology?

Tactile Systems Technology has a market capitalization of $1.07 billion and generates $109.28 million in revenue each year. The company earns $5.85 million in net income (profit) each year or $0.21 on an earnings per share basis. Tactile Systems Technology employs 406 workers across the globe.

What is Tactile Systems Technology's official website?

The official website for Tactile Systems Technology is http://www.tactilemedical.com.

How can I contact Tactile Systems Technology?

Tactile Systems Technology's mailing address is 1331 TYLER STREET NE SUITE 200, MINNEAPOLIS MN, 55413. The company can be reached via phone at 612-355-5100 or via email at [email protected]


MarketBeat Community Rating for Tactile Systems Technology (NASDAQ TCMD)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  212 (Vote Outperform)
Underperform Votes:  140 (Vote Underperform)
Total Votes:  352
MarketBeat's community ratings are surveys of what our community members think about Tactile Systems Technology and other stocks. Vote "Outperform" if you believe TCMD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TCMD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2018 by MarketBeat.com Staff

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