NASDAQ:TCMD - Tactile Systems Technology Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $73.50 -0.61 (-0.82 %) (As of 02/21/2019 04:53 AM ET)Previous Close$74.11Today's Range$72.93 - $76.6352-Week Range$29.95 - $76.63Volume387,800 shsAverage Volume250,268 shsMarket Capitalization$1.36 billionP/E Ratio350.00Dividend YieldN/ABeta2.35 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. Receive TCMD News and Ratings via Email Sign-up to receive the latest news and ratings for TCMD and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Surgical & medical instruments Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:TCMD Previous Symbol CUSIPN/A Webwww.tactilemedical.com Phone612-355-5100Debt Debt-to-Equity RatioN/A Current Ratio5.33 Quick Ratio4.44Price-To-Earnings Trailing P/E Ratio350.00 Forward P/E Ratio306.25 P/E Growth16.31 Sales & Book Value Annual Sales$109.28 million Price / Sales12.42 Cash Flow$0.3412 per share Price / Cash Flow215.40 Book Value$4.11 per share Price / Book17.88Profitability 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 Shares18,473,000Market Cap$1.36 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) issued its earnings results on Monday, August, 6th. The company reported $0.13 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.09. The business had revenue of $34.10 million for the quarter, compared to the consensus estimate of $31.49 million. Tactile Systems Technology had a net margin of 4.92% and a return on equity of 8.53%. The firm's revenue for the quarter was up 29.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.20 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 Thursday, February 28th 2019. View Earnings Estimates for Tactile Systems Technology. What price target have analysts set for TCMD? 4 brokerages have issued 1-year price objectives for Tactile Systems Technology's stock. Their predictions range from $38.00 to $80.00. On average, they expect Tactile Systems Technology's share price to reach $64.3333 in the next year. This suggests that the stock has a possible downside of 12.5%. View Analyst Price Targets for Tactile Systems Technology. What is the consensus analysts' recommendation for Tactile Systems Technology? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. Northland Securities analysts commented, "We await further details on the quarterly call, and will adjust our ratings / PT accordingly. Key Points Here are the key things we look forward to gleaning from the quarterly call: What was the contribution from the large contracted payor signed up earlier? Were there any pull-forward" sales? Were there any bulk purchases from any segment, including the VA? How did OpEx stack up in the quarter? How does Q4 growth reconcile with implied guidance in company commentary from the Q3-18 call? We have accordingly tweaked our FY19 and FY20 numbers. For the time being, we maintain our rating & PT. Once we have a better understanding of the stability of Q4 growth drivers, we will accordingly make changes." (1/11/2019) 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. " (1/11/2019) 3. 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) Has Tactile Systems Technology been receiving favorable news coverage? Media headlines about TCMD stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tactile Systems Technology earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the near term. Who are some of Tactile Systems Technology's key competitors? Some companies that are related to Tactile Systems Technology include Penumbra (PEN), ICU Medical (ICUI), Novocure (NVCR), Globus Medical (GMED), Haemonetics (HAE), Integra Lifesciences (IART), Cantel Medical (CMD), Merit Medical Systems (MMSI), NuVasive (NUVA), Tandem Diabetes Care (TNDM), Glaukos (GKOS), Irhythm Technologies (IRTC), Mazor Robotics (MZOR), Atrion (ATRI) and Nevro (NVRO). 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 59)Mr. Robert J. Folkes, Chief Operating Officer (Age 56)Ms. Lynn L. Blake, Advisor (Age 52)Mr. Brent A. Moen, Chief Financial Officer (Age 52)Ms. Sunday J. Hoy Esq., Compliance Officer When did Tactile Systems Technology IPO? (TCMD) raised $40 million in an initial public offering (IPO) on Thursday, July 28th 2016. The company issued 4,000,000 shares at $10.00 per share. Piper Jaffray, William Blair and Canaccord Genuity acted 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 number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.32%), Peregrine Capital Management LLC (2.91%), Ranger Investment Management L.P. (2.25%), Thrivent Financial for Lutherans (1.90%), Fort Washington Investment Advisors Inc. OH (1.78%) and Bank of New York Mellon Corp (1.42%). Company insiders that own Tactile Systems Technology stock include Brent Moen, 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 Lord Abbett & CO. LLC, Timpani Capital Management LLC, Millennium Management LLC, Chicago Equity Partners LLC, Bank of New York Mellon Corp, Carlson Capital Management, Scholtz & Company LLC and Columbus Circle Investors. 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 Ranger Investment Management L.P., SG Americas Securities LLC, Fort Washington Investment Advisors Inc. OH, BlackRock Inc., Castleark Management LLC, Squarepoint Ops LLC, Bank of America Corp DE and New York State Common Retirement Fund. Company insiders that have bought Tactile Systems Technology stock in the last two years include Brent Moen, 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 $73.50. How big of a company is Tactile Systems Technology? Tactile Systems Technology has a market capitalization of $1.36 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 ( )Outperform Votes: 227 (Vote Outperform)Underperform Votes: 151 (Vote Underperform)Total Votes: 378MarketBeat'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 2/21/2019 by MarketBeat.com StaffFeatured Article: How the Consumer Price Index (CPI) is calculated?