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NASDAQ:TCMD

Tactile Systems Technology Stock Forecast, Price & News

$47.66
-0.06 (-0.13 %)
(As of 03/5/2021 12:00 AM ET)
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Compare
Today's Range
$45.04
Now: $47.66
$49.00
50-Day Range
$47.72
MA: $55.82
$62.48
52-Week Range
$29.47
Now: $47.66
$64.53
Volume176,451 shs
Average Volume169,922 shs
Market Capitalization$929.75 million
P/E RatioN/A
Dividend YieldN/A
Beta1.69
Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices for chronic diseases in the United States. The company offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema; Entré System, a portable 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; and ACTitouch system, a medical device for the treatment of venous leg ulcers chronic venous insufficiency patients. It also provides Airwear Gradient Compression Wrap that is used in the management of venous insufficiency, venous hypertension, venous ulcerations, and lymphedema under the trade name Aero-Wrap. The company was founded in 1995 and is headquartered in Minneapolis, Minnesota.
Tactile Systems Technology logo

Headlines

Recap: Tactile Systems Tech Q4 Earnings
February 23, 2021 |  finance.yahoo.com
Tactile Systems Tech's Earnings Outlook
February 22, 2021 |  finance.yahoo.com
TACTILE SYSTEMS INVESTIGATION INITIATED by Former...
February 13, 2021 |  benzinga.com
Tactile Medical to Present at the ICR Conference 2021
January 5, 2021 |  finance.yahoo.com
Is TCMD A Good Stock To Buy Right Now?
December 16, 2020 |  finance.yahoo.com
Strong Sell On Tactile Systems: Part II
December 10, 2020 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:TCMD
CUSIPN/A
Phone612-355-5100
Employees629
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$189.49 million
Cash Flow$0.70 per share
Book Value$5.92 per share

Profitability

Net Income$10.97 million

Miscellaneous

Market Cap$929.75 million
Next Earnings Date5/3/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.61 out of 5 stars

Medical Sector

358th out of 1,972 stocks

Surgical & Medical Instruments Industry

32nd out of 169 stocks

Analyst Opinion: 3.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
$47.66
-0.06 (-0.13 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Tactile Systems Technology (NASDAQ:TCMD) Frequently Asked Questions

Is Tactile Systems Technology a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Tactile Systems Technology stock.
View analyst ratings for Tactile Systems Technology
or view top-rated stocks.

What stocks does MarketBeat like better than Tactile Systems Technology?

Wall Street analysts have given Tactile Systems Technology a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Tactile Systems Technology wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Tactile Systems Technology?

Tactile Systems Technology saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 2,330,000 shares, a decline of 12.4% from the December 31st total of 2,660,000 shares. Based on an average daily volume of 193,000 shares, the days-to-cover ratio is currently 12.1 days. Approximately 12.6% of the company's stock are sold short.
View Tactile Systems Technology's Short Interest
.

When is Tactile Systems Technology's next earnings date?

Tactile Systems Technology is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Tactile Systems Technology
.

How were Tactile Systems Technology's earnings last quarter?

Tactile Systems Technology, Inc. (NASDAQ:TCMD) posted its earnings results on Tuesday, February, 23rd. The company reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.22 by $0.39. Tactile Systems Technology had a positive trailing twelve-month return on equity of 1.37% and a negative net margin of 4.57%.
View Tactile Systems Technology's earnings history
.

How has Tactile Systems Technology's stock been impacted by Coronavirus (COVID-19)?

Tactile Systems Technology's stock was trading at $42.58 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TCMD stock has increased by 11.9% and is now trading at $47.66.
View which stocks have been most impacted by COVID-19
.

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

Tactile Systems Technology updated its FY 2021 After-Hours earnings guidance on Tuesday, February, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $215.3-224.5 million, compared to the consensus revenue estimate of $230.01 million.

What price target have analysts set for TCMD?

4 analysts have issued 1 year price targets for Tactile Systems Technology's shares. Their forecasts range from $55.00 to $70.00. On average, they expect Tactile Systems Technology's stock price to reach $61.75 in the next year. This suggests a possible upside of 29.6% from the stock's current price.
View analysts' price targets for Tactile Systems Technology
or view top-rated stocks among Wall Street analysts.

Who are Tactile Systems Technology's key executives?

Tactile Systems Technology's management team includes the following people:
  • Mr. Brent A. Moen, Chief Financial Officer (Age 54, Pay $585.61k)
  • Mr. Bryan F. Rishe, Sr. VP of Sales (Age 65, Pay $557.61k)
  • Mr. Gerald R. Mattys, Consultant (Age 61, Pay $1.31M)
  • Mr. Daniel L. Reuvers, Pres, CEO & Director (Age 58)
  • Mr. Peter C. Schaubach, Chief Information Officer
  • Ms. Sunday J. Hoy, VP & Compliance Officer
  • Mr. Darren J. Wennen, VP of Marketing & Clinical Affairs
  • Ms. Juleen F. Krings, Chief HR Officer
  • Mr. Thomas F. O'Donnell Jr., M.D., Chief Medical Officer

What is Dan Reuvers' approval rating as Tactile Systems Technology's CEO?

1 employees have rated Tactile Systems Technology CEO Dan Reuvers on Glassdoor.com. Dan Reuvers has an approval rating of 100% among Tactile Systems Technology's employees. This puts Dan Reuvers in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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

What other stocks do shareholders of Tactile Systems Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tactile Systems Technology investors own include Sangamo Therapeutics (SGMO), CA (CA), InterDigital (IDCC), BlackRock (BLK), Bank of Hawaii (BOH), STAG Industrial (STAG), Chipotle Mexican Grill (CMG), Endologix (ELGX), Micron Technology (MU) and Vista Outdoor (VSTO).

When did Tactile Systems Technology IPO?

(TCMD) raised $40 million in an initial public offering 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.

What is Tactile Systems Technology's stock symbol?

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

Who are Tactile Systems Technology's major shareholders?

Tactile Systems Technology's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.14%), Peregrine Capital Management LLC (1.84%), Northern Trust Corp (1.23%), Fort Washington Investment Advisors Inc. OH (1.23%), Bank of New York Mellon Corp (1.21%) and Blair William & Co. IL (1.20%). Company insiders that own Tactile Systems Technology stock include Brent Moen, Bryan Rishe, Gerald R Mattys, Kevin H Roche, 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 Wells Fargo & Company MN, Renaissance Technologies LLC, Voloridge Investment Management LLC, Truist Financial Corp, Aviva PLC, SG Americas Securities LLC, Barclays PLC, and Brandywine Global Investment Management LLC. Company insiders that have sold Tactile Systems Technology company stock in the last year include Brent Moen, Bryan Rishe, Gerald R Mattys, and Robert J Folkes.
View insider buying and selling activity for Tactile Systems Technology
or view top insider-selling stocks.

Which major investors are buying Tactile Systems Technology stock?

TCMD stock was purchased by a variety of institutional investors in the last quarter, including Nicholas Company Inc., Next Century Growth Investors LLC, Summit Creek Advisors LLC, Peregrine Capital Management LLC, Paradigm Capital Management Inc. NY, JPMorgan Chase & Co., Russell Investments Group Ltd., and Squarepoint Ops LLC.
View insider buying and selling activity for Tactile Systems Technology
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Tactile Systems Technology's stock price today?

One share of TCMD stock can currently be purchased for approximately $47.66.

How much money does Tactile Systems Technology make?

Tactile Systems Technology has a market capitalization of $929.75 million and generates $189.49 million in revenue each year. The company earns $10.97 million in net income (profit) each year or $0.56 on an earnings per share basis.

How many employees does Tactile Systems Technology have?

Tactile Systems Technology employs 629 workers across the globe.

What is Tactile Systems Technology's official website?

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

Where are Tactile Systems Technology's headquarters?

Tactile Systems Technology is headquartered at 3701 Wayzata Blvd Suite 300, MINNEAPOLIS MN, 55413.

How can I contact Tactile Systems Technology?

Tactile Systems Technology's mailing address is 3701 Wayzata Blvd Suite 300, MINNEAPOLIS MN, 55413. The company can be reached via phone at 612-355-5100 or via email at [email protected]


This page was last updated on 3/5/2021 by MarketBeat.com Staff

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