NASDAQ:TCMD Tactile Systems Technology (TCMD) Stock Price, News & Analysis → Better than Bitcoin? The Biotech Stock with 46,751% Potential (From Behind the Markets) (Ad) Free TCMD Stock Alerts $14.30 +0.03 (+0.21%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$13.91▼$14.3850-Day Range$13.88▼$16.7552-Week Range$9.69▼$26.11Volume245,007 shsAverage Volume178,496 shsMarket Capitalization$339.77 millionP/E Ratio11.92Dividend YieldN/APrice Target$30.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Tactile Systems Technology alerts: Email Address Tactile Systems Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside109.8% Upside$30.00 Price TargetShort InterestHealthy4.76% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.38Based on 4 Articles This WeekInsider TradingSelling Shares$268,820 Sold Last QuarterProj. Earnings Growth57.14%From $0.56 to $0.88 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.4.27 out of 5 starsMedical Sector136th out of 913 stocksSurgical & Medical Instruments Industry21st out of 95 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. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.76% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tactile Systems Technology has recently decreased by 4.24%, 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 3.0 News and Social Media Coverage News SentimentTactile Systems Technology has a news sentiment score of 0.38. 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 4 news articles for Tactile Systems Technology this week, compared to 2 articles on an average week.Search Interest21 people have searched for TCMD on MarketBeat in the last 30 days. This is an increase of 2,000% compared to the previous 30 days.MarketBeat Follows3 people have added Tactile Systems Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 $268,820.00 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Tactile Systems Technology are expected to grow by 57.14% in the coming year, from $0.56 to $0.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tactile Systems Technology is 11.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Tactile Systems Technology is 11.92, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 235.73.Price to Book Value per Share RatioTactile Systems Technology has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market InsidersExposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…Click For My #1 FREE Crypto for 2024 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 HeadlinesApril 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 27, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 18, 2024 | finance.yahoo.comTactile Systems Technology (TCMD) Stock Moves -0.14%: What You Should KnowApril 17, 2024 | msn.comHere is What to Know Beyond Why Tactile Systems Technology, Inc. (TCMD) is a Trending StockApril 15, 2024 | globenewswire.comTactile Medical to Release First Quarter of Fiscal Year 2024 Financial Results on May 6, 2024April 12, 2024 | investorplace.comNew AI Bot Predicts These 7 Stocks Will Mint MillionairesApril 10, 2024 | finance.yahoo.comTactile Systems Technology (NASDAQ:TCMD) Is Doing The Right Things To Multiply Its Share PriceApril 27, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…March 27, 2024 | uk.investing.comTactile Systems Technology Inc (TCMD)March 17, 2024 | finance.yahoo.comTCMD Apr 2024 30.000 callMarch 16, 2024 | finance.yahoo.comTCMD Jul 2024 17.500 putFebruary 21, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Healthcare Stocks: Bicycle Therapeutics (BCYC), Tactile Systems Technology (TCMD)February 21, 2024 | finance.yahoo.comTactile Systems Technology Full Year 2023 Earnings: EPS Beats ExpectationsFebruary 21, 2024 | finance.yahoo.comTactile Systems Technology, Inc. (NASDAQ:TCMD) Q4 2023 Earnings Call TranscriptFebruary 21, 2024 | finance.yahoo.comQ4 2023 Tactile Systems Technology Inc Earnings CallFebruary 20, 2024 | fool.comWhy Tactile Systems Technology Stock Dropped TodayFebruary 20, 2024 | fool.comWhy Tactile Systems Technology Stock Dropped TodayFebruary 20, 2024 | finance.yahoo.comTactile Systems Technology (TCMD) Beats Q4 Earnings EstimatesFebruary 20, 2024 | msn.comTactile Systems Technology GAAP EPS of $0.35 beats by $0.16, revenue of $77.7M misses by $0.65MFebruary 20, 2024 | finance.yahoo.comTactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results; Introduces Full Year 2024 OutlookFebruary 20, 2024 | finance.yahoo.comTactile Systems Technology Inc (TCMD) Reports Strong Year-Over-Year Growth in 2023February 20, 2024 | globenewswire.comTactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results; Introduces Full Year 2024 OutlookFebruary 19, 2024 | sg.finance.yahoo.comIs Leifheit Aktiengesellschaft's (ETR:LEI) Stock On A Downtrend As A Result Of Its Poor Financials?February 19, 2024 | sg.news.yahoo.comIndia's Paytm shares jump 5% after central bank extends unit wind-down dateFebruary 19, 2024 | sg.finance.yahoo.comSantander announces new share buyback programme of 1.46 billion eurosFebruary 19, 2024 | benzinga.comTactile Systems Tech's Earnings OutlookSee 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 Earnings2/20/2024Today4/27/2024Next Earnings (Confirmed)5/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryN/A Current SymbolNASDAQ:TCMD CUSIPN/A CIK1027838 Webwww.tactilemedical.com Phone(612) 355-5100Fax866-435-3949Employees992Year 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+109.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.20 Trailing P/E Ratio11.92 Forward P/E Ratio25.54 P/E GrowthN/ANet Income$28.51 million Net Margins10.39% Pretax Margin5.75% Return on Equity17.08% Return on Assets10.50% Debt Debt-to-Equity Ratio0.14 Current Ratio3.54 Quick Ratio2.99 Sales & Book Value Annual Sales$274.42 million Price / Sales1.24 Cash Flow$1.46 per share Price / Cash Flow9.80 Book Value$8.24 per share Price / Book1.74Miscellaneous Outstanding Shares23,760,000Free Float23,531,000Market Cap$339.77 million OptionableOptionable Beta1.19 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 CompetitorsBioventusNYSE:BVSNeuroPaceNASDAQ:NPCEFractyl HealthNASDAQ:GUTSPulse BiosciencesNASDAQ:PLSELyra TherapeuticsNASDAQ:LYRAView All CompetitorsInsiders & InstitutionsPinnacle Associates Ltd.Bought 17,328 shares on 4/26/2024Ownership: 0.314%Rice Hall James & Associates LLCSold 1,539 shares on 4/23/2024Ownership: 0.751%Arcadia Investment Management Corp MIBought 764 shares on 4/23/2024Ownership: 0.007%Wasatch Advisors LPBought 534,565 shares on 4/18/2024Ownership: 2.250%Allspring Global Investments Holdings LLCSold 6,257 shares on 4/18/2024Ownership: 0.110%View All Insider TransactionsView All Institutional Transactions TCMD Stock Analysis - Frequently Asked Questions Should I buy or sell Tactile Systems Technology stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last twelve months. There are currently 1 buy rating 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? 1 brokerages have issued 12 month price targets for Tactile Systems Technology's stock. Their TCMD share price targets range from $30.00 to $30.00. On average, they predict the company's stock price to reach $30.00 in the next year. This suggests a possible upside of 109.8% 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 shares have increased by 0.0% and is now trading at $14.30. View the best growth stocks for 2024 here. Are investors shorting Tactile Systems Technology? Tactile Systems Technology saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,180,000 shares, a decrease of 19.7% from the March 15th total of 1,470,000 shares. Based on an average trading volume of 300,700 shares, the days-to-cover ratio is presently 3.9 days. View Tactile Systems Technology's Short Interest. When is Tactile Systems Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our TCMD earnings forecast. How can I listen to Tactile Systems Technology's earnings call? Tactile Systems Technology will be holding an earnings conference call on Monday, May 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745955". 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 for the quarter, beating analysts' consensus estimates of $0.13 by $0.25. The business had revenue of $77.65 million for the quarter, compared to the consensus estimate of $78.85 million. Tactile Systems Technology had a trailing twelve-month return on equity of 17.08% and a net margin of 10.39%. During the same quarter in the prior year, the company earned $0.29 EPS. What guidance has Tactile Systems Technology issued on next quarter's earnings? Tactile Systems Technology issued an update on its first quarter 2024 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $61.0 million-$61.0 million, compared to the consensus revenue estimate of $59.2 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? Tactile Systems Technology (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 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 many different institutional and retail investors. Top institutional investors include Wasatch Advisors LP (2.25%), Rice Hall James & Associates LLC (0.75%), Pinnacle Associates Ltd. (0.31%), Allspring Global Investments Holdings LLC (0.11%) and Arcadia Investment Management Corp MI (0.01%). Insiders that own company stock include Brent Moen, 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. 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