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NASDAQ:TCMD

Tactile Systems Technology (TCMD) Stock Price, News & Analysis

$15.52
-0.32 (-2.02%)
(As of 02/26/2024 ET)
Today's Range
$15.24
$15.93
50-Day Range
$13.63
$15.84
52-Week Range
$9.69
$26.11
Volume
338,599 shs
Average Volume
317,295 shs
Market Capitalization
$366.29 million
P/E Ratio
12.93
Dividend Yield
N/A
Price Target
$29.33

Tactile Systems Technology MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
89.0% Upside
$29.33 Price Target
Short Interest
Healthy
3.25% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.51mentions of Tactile Systems Technology in the last 14 days
Based on 29 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
57.14%
From $0.56 to $0.88 Per Share

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.

3.98 out of 5 stars

Medical Sector

183rd out of 942 stocks

Surgical & Medical Instruments Industry

24th out of 94 stocks


TCMD stock logo

About Tactile Systems Technology Stock (NASDAQ:TCMD)

Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices for the treatment of underserved chronic diseases in the United States. It offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema; Entre 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; Kylee, a mobile application to help patients learn about lymphedema, track their symptoms, treatment, and share their progress with their doctor; and AffloVest, a portable high frequency chest wall oscillation vest for the treatment of retained pulmonary secretions, such as bronchiectasis, cystic fibrosis, and various neuromuscular disorders. The company was incorporated in 1995 and is headquartered in Minneapolis, Minnesota.

TCMD Stock Price History

TCMD Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Q4 2023 Tactile Systems Technology Inc Earnings Call
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Tactile Systems Tech's Earnings Outlook
Indian shares set to open higher
TCMD Mar 2024 10.000 call
Tactile Systems Technology (TCMD) to Release Earnings on Tuesday
TCMD Mar 2024 12.500 call
Tactile Systems Technology Inc.
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Today
2/26/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:TCMD
Employees
982
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.33
High Stock Price Target
$30.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+90.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$28.51 million
Pretax Margin
5.75%

Debt

Sales & Book Value

Annual Sales
$274.42 million
Cash Flow
$1.49 per share
Book Value
$8.24 per share

Miscellaneous

Free Float
22,775,000
Market Cap
$362.98 million
Optionable
Optionable
Beta
1.20
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Key Executives

  • Mr. Daniel L. ReuversMr. Daniel L. Reuvers (Age 61)
    President, CEO & Director
    Comp: $1.22M
  • Ms. Kristie T. Burns (Age 52)
    Senior Vice President of Marketing & Clinical Affairs
    Comp: $538.82k
  • Ms. Elaine M. Birkemeyer
    Chief Financial Officer
  • Mr. Jerry A. Sauber
    Senior Vice President of Manufacturing, Operations, R&D
  • Mr. John David Kaercher
    Chief Information Officer
  • Ms. Sunday J. Hoy Esq.
    VP & Compliance Officer
  • Ms. Sherri Ferstler
    Senior Vice President of Sales
  • Janelle M. Strop
    Chief Human Resource Officer
  • Dr. Antonios P. Gasparis F.A.C.S.
    M.D., Chief Medical Officer & Member of Vascular Strategic Advisory Board
  • Rachel L. Gustad
    Senior Vice President of Commercial Operations














TCMD Stock Analysis - Frequently Asked Questions

Should I buy or sell Tactile Systems Technology stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TCMD shares.
View TCMD analyst ratings
or view top-rated stocks.

What is Tactile Systems Technology's stock price target for 2024?

2 brokers have issued twelve-month price targets for Tactile Systems Technology's stock. Their TCMD share price targets range from $28.00 to $30.00. On average, they expect the company's share price to reach $29.33 in the next year. This suggests a possible upside of 89.0% from the stock's current price.
View analysts price targets for TCMD
or view top-rated stocks among Wall Street analysts.

How have TCMD shares performed in 2024?

Tactile Systems Technology's stock was trading at $14.30 at the start of the year. Since then, TCMD stock has increased by 8.5% and is now trading at $15.52.
View the best growth stocks for 2024 here
.

When is Tactile Systems Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our TCMD earnings forecast
.

How were Tactile Systems Technology's earnings last quarter?

Tactile Systems Technology, Inc. (NASDAQ:TCMD) released its quarterly earnings data on Tuesday, February, 20th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.25. The firm had revenue of $77.65 million for the quarter, compared to analyst estimates of $78.85 million. Tactile Systems Technology had a net margin of 10.39% and a trailing twelve-month return on equity of 17.08%. During the same quarter last year, the company earned $0.29 EPS.

What ETF holds Tactile Systems Technology's stock ?

Invesco Dorsey Wright Healthcare Momentum ETF holds 69,079 shares of TCMD stock, representing 0.95% of its portfolio.

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

Tactile Systems Technology issued an update on its FY 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $300.0 million-$305.0 million, compared to the consensus revenue estimate of $309.2 million.

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.

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), Xtrackers California Municipal Bond ETF (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.

Who are Tactile Systems Technology's major shareholders?

Tactile Systems Technology's stock is owned by many different retail and institutional investors. Top institutional investors include First Light Asset Management LLC (12.17%), Cadian Capital Management LP (7.43%), Dimensional Fund Advisors LP (3.32%), Federated Hermes Inc. (1.46%), Nuveen Asset Management LLC (1.12%) and Goldman Sachs Group Inc. (0.98%). Insiders that own company stock include Brent Moen, Bryan Rishe, Daniel L Reuvers, Kristie Burns 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.

This page (NASDAQ:TCMD) was last updated on 2/26/2024 by MarketBeat.com Staff