NASDAQ:TCMD Tactile Systems Technology (TCMD) Stock Price, News & Analysis $12.68 -0.23 (-1.78%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$12.52▼$13.0250-Day Range$11.13▼$13.6552-Week Range$9.69▼$23.33Volume136,616 shsAverage Volume289,826 shsMarket Capitalization$301.28 millionP/E Ratio10.57Dividend YieldN/APrice Target$30.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Tactile Systems Technology alerts: Email Address Tactile Systems Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside136.6% Upside$30.00 Price TargetShort InterestBearish6.19% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.62Based on 2 Articles This WeekInsider TradingSelling Shares$88,462 Sold Last QuarterProj. Earnings Growth39.66%From $0.58 to $0.81 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.72 out of 5 starsMedical Sector262nd out of 936 stocksSurgical & Medical Instruments Industry33rd out of 101 stocks 3.5 Analyst's Opinion Consensus RatingTactile Systems Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageTactile Systems Technology has received no research coverage in the past 90 days.Read more about Tactile Systems Technology's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.19% of the outstanding shares of Tactile Systems Technology have been sold short.Short Interest Ratio / Days to CoverTactile Systems Technology has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Tactile Systems Technology has recently decreased by 0.68%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldTactile Systems Technology does not currently pay a dividend.Dividend GrowthTactile Systems Technology does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TCMD. Previous Next 2.0 News and Social Media Coverage News SentimentTactile Systems Technology has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Tactile Systems Technology this week, compared to 2 articles on an average week.Search Interest7 people have searched for TCMD on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Tactile Systems Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tactile Systems Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $88,462.00 in company stock.Percentage Held by InsidersOnly 0.96% of the stock of Tactile Systems Technology is held by insiders.Percentage Held by Institutions83.43% of the stock of Tactile Systems Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Tactile Systems Technology's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Tactile Systems Technology are expected to grow by 39.66% in the coming year, from $0.58 to $0.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tactile Systems Technology is 10.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Tactile Systems Technology is 10.57, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 169.33.Price to Book Value per Share RatioTactile Systems Technology has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Tactile Systems Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Tactile Systems Technology Stock (NASDAQ:TCMD)Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States. It offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema in the home setting; and Entre Plus System, a portable pneumatic compression device for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers. The company also provides Kylee, a mobile application to help patients learn about lymphedema, track their symptoms, and treatment, as well as to share their progress with their doctor; and AffloVest, a portable high frequency chest wall oscillation vest to treat patients with retained pulmonary secretions resulting from bronchiectasis, cystic fibrosis, and various neuromuscular disorders. Tactile Systems Technology, Inc. was incorporated in 1995 and is headquartered in Minneapolis, Minnesota.Read More TCMD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TCMD Stock News HeadlinesJuly 27 at 1:19 AM | finance.yahoo.comTactile Systems Technology, Inc. (NASDAQ:TCMD) is largely controlled by institutional shareholders who own 73% of the companyJuly 22, 2024 | globenewswire.comTactile Medical to Release Second Quarter of Fiscal Year 2024 Financial Results on August 5, 2024July 27, 2024 | Porter & Company (Ad)Nvidia insiders dumping sharesAll the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.July 19, 2024 | americanbankingnews.comTactile Systems Technology (NASDAQ:TCMD) Downgraded by StockNews.com to BuyJune 27, 2024 | investorplace.comThe 3 Highest-Rated Medical Stocks You Can Buy TodayMay 28, 2024 | finance.yahoo.comWhy Tactile Systems Technology, Inc. (NASDAQ:TCMD) Could Be Worth WatchingMay 21, 2024 | globenewswire.comTactile Medical to Present at the William Blair 44th Annual Growth Stock ConferenceMay 8, 2024 | finance.yahoo.comTactile Systems Technology First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsJuly 27, 2024 | Porter & Company (Ad)Nvidia insiders dumping sharesAll the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.May 7, 2024 | finance.yahoo.comTactile Systems Technology, Inc. (NASDAQ:TCMD) Q1 2024 Earnings Call TranscriptMay 7, 2024 | finance.yahoo.comTactile Systems Technology Inc (TCMD) Q1 2024 Earnings Call Transcript Highlights: Navigating ...May 7, 2024 | finance.yahoo.comQ1 2024 Tactile Systems Technology Inc Earnings CallMay 6, 2024 | uk.finance.yahoo.comTactile Systems Technology Inc (TCMD) Q1 2024 Earnings: Narrower Operating Loss and Revenue GrowthMay 6, 2024 | globenewswire.comTactile Systems Technology, Inc. Reports First Quarter 2024 Financial ResultsApril 27, 2024 | finance.yahoo.comShould Weakness in Tactile Systems Technology, Inc.'s (NASDAQ:TCMD) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?April 24, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Quest Diagnostics (DGX), Tactile Systems Technology (TCMD) and Danaher (DHR)April 23, 2024 | globenewswire.comTactile Medical Announces CEO Transition and Preliminary First Quarter 2024 RevenueApril 18, 2024 | finance.yahoo.comTactile Systems Technology (TCMD) Stock Moves -0.14%: What You Should KnowSee More Headlines Receive TCMD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tactile Systems Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/06/2024Today7/26/2024Next Earnings (Confirmed)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryMedical Equipment Current SymbolNASDAQ:TCMD CUSIPN/A CIK1027838 Webwww.tactilemedical.com Phone(612) 355-5100Fax866-435-3949Employees980Year FoundedN/APrice Target and Rating Average Stock Price Target$30.00 High Stock Price Target$30.00 Low Stock Price Target$30.00 Potential Upside/Downside+136.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.20 Trailing P/E Ratio10.57 Forward P/E Ratio21.86 P/E GrowthN/ANet Income$28.51 million Net Margins10.19% Pretax Margin6.42% Return on Equity15.88% Return on Assets10.33% Debt Debt-to-Equity Ratio0.13 Current Ratio4.26 Quick Ratio3.63 Sales & Book Value Annual Sales$274.42 million Price / Sales1.10 Cash Flow$1.51 per share Price / Cash Flow8.39 Book Value$8.24 per share Price / Book1.54Miscellaneous Outstanding Shares23,760,000Free Float23,534,000Market Cap$301.28 million OptionableOptionable Beta1.18 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Daniel L. Reuvers (Age 61)President, CEO & Director Comp: $1.22MMs. Kristie T. Burns (Age 52)Senior Vice President of Marketing & Clinical Affairs Comp: $538.82kMs. Elaine M. BirkemeyerChief Financial OfficerMr. Jerry A. SauberSenior Vice President of Manufacturing, Operations, R&DMr. John David KaercherChief Information OfficerMs. Sunday J. Hoy Esq.VP & Compliance OfficerMs. Sherri FerstlerSenior Vice President of SalesJanelle M. StropChief Human Resource OfficerDr. Antonios P. Gasparis F.A.C.S.M.D., Chief Medical Officer & Member of Vascular Strategic Advisory BoardRachel L. GustadSenior Vice President of Commercial OperationsMore ExecutivesKey CompetitorsOraSure TechnologiesNASDAQ:OSURCerusNASDAQ:CERSCryoLifeNYSE:CRYMiMedx GroupNASDAQ:MDXGArtivionNYSE:AORTView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 23,296 shares on 7/26/2024Ownership: 0.769%Allspring Global Investments Holdings LLCBought 7,287 shares on 7/26/2024Ownership: 0.140%Bailard Inc.Bought 21,800 shares on 7/26/2024Ownership: 0.092%Summit Global InvestmentsBought 19,728 shares on 7/22/2024Ownership: 0.083%Accredited Investors Inc.Bought 4,142 shares on 7/20/2024Ownership: 0.485%View All Insider TransactionsView All Institutional Transactions TCMD Stock Analysis - Frequently Asked Questions How have TCMD shares performed this year? Tactile Systems Technology's stock was trading at $14.30 at the beginning of 2024. Since then, TCMD shares have decreased by 11.3% and is now trading at $12.68. View the best growth stocks for 2024 here. How were Tactile Systems Technology's earnings last quarter? Tactile Systems Technology, Inc. (NASDAQ:TCMD) released its earnings results on Monday, May, 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.06. The firm had revenue of $61.09 million for the quarter, compared to analysts' expectations of $59.10 million. Tactile Systems Technology had a net margin of 10.19% and a trailing twelve-month return on equity of 15.88%. What is Dan Reuvers' approval rating as Tactile Systems Technology's CEO? 1 employees have rated Tactile Systems Technology Chief Executive Officer Dan Reuvers on Glassdoor.com. Dan Reuvers has an approval rating of 100% among the company's employees. This puts Dan Reuvers in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. When did Tactile Systems Technology IPO? Tactile Systems Technology (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 served as the underwriters for the IPO and BTIG was co-manager. Who are Tactile Systems Technology's major shareholders? Tactile Systems Technology's top institutional investors include Bank of New York Mellon Corp (0.77%), Accredited Investors Inc. (0.49%), Allspring Global Investments Holdings LLC (0.14%) and Riverwater Partners LLC (0.10%). Insiders that own company stock include Daniel L Reuvers, Kristie Burns, Elaine M Birkemeyer, Brent Moen and William W Burke. View institutional ownership trends. How do I buy shares of Tactile Systems Technology? Shares of TCMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Tactile Systems Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that Tactile Systems Technology investors own include Sangamo Therapeutics (SGMO), Xtrackers California Municipal Bond ETF (CA), InterDigital (IDCC), BlackRock (BLK), Bank of Hawaii (BOH), STAG Industrial (STAG) and Chipotle Mexican Grill (CMG). This page (NASDAQ:TCMD) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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