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NASDAQ:TCMD - Tactile Systems Technology Stock Price, Forecast & News

$38.95
-1.22 (-3.04 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$37.99
Now: $38.95
$41.00
50-Day Range
$31.00
MA: $49.70
$64.84
52-Week Range
$29.47
Now: $38.95
$71.65
Volume136,538 shs
Average Volume238,856 shs
Market Capitalization$748.62 million
P/E Ratio69.55
Dividend YieldN/A
Beta2.13
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 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 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 Airwear Gradient Compression Wrap 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.
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Tactile Systems Technology logo

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$189.49 million
Cash Flow$0.72 per share
Book Value$5.92 per share

Profitability

Net Income$10.97 million

Miscellaneous

Employees499
Market Cap$748.62 million
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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Tactile Systems Technology (NASDAQ:TCMD) Frequently Asked Questions

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

Tactile Systems Technology's stock was trading at $42.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TCMD stock has decreased by 8.5% and is now trading at $38.95. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Tactile Systems Technology?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tactile Systems Technology.

When is Tactile Systems Technology's next earnings date?

Tactile Systems Technology is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. 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 quarterly earnings results on Wednesday, February, 26th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.01. The firm earned $57.06 million during the quarter, compared to analysts' expectations of $56.10 million. Tactile Systems Technology had a return on equity of 10.77% and a net margin of 5.79%. View Tactile Systems Technology's earnings history.

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

Tactile Systems Technology issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, February, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $227.5-230.5 million, compared to the consensus revenue estimate of $224.83 million.

What price target have analysts set for TCMD?

6 brokerages have issued 12 month target prices for Tactile Systems Technology's shares. Their forecasts range from $70.00 to $100.00. On average, they expect Tactile Systems Technology's stock price to reach $80.50 in the next twelve months. This suggests a possible upside of 106.7% from the stock's current price. View analysts' price targets for Tactile Systems Technology.

Has Tactile Systems Technology been receiving favorable news coverage?

News headlines about TCMD stock have trended extremely negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tactile Systems Technology earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutTactile Systems Technology.

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), BlackRock (BLK), InterDigital Wireless (IDCC), Bank of Hawaii (BOH), Endologix (ELGX), Chipotle Mexican Grill (CMG), Stag Industrial (STAG), BJ's Restaurants (BJRI) and Micron Technology (MU).

Who are Tactile Systems Technology's key executives?

Tactile Systems Technology's management team includes the following people:
  • Mr. Gerald R. Mattys, CEO & Director (Age 59)
  • Mr. Brent A. Moen, Chief Financial Officer (Age 52)
  • Mr. Robert J. Folkes, Chief Operating Officer (Age 56)
  • Mr. Bryan F. Rishe, Sr. VP of Sales (Age 63)
  • Ms. Mary M. Thompson, Sr. VP of Reimbursement & Payer Relations (Age 60)

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 $10.00 per share. Piper Jaffray, William Blair and Canaccord Genuity acted 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 retail and institutional investors. Top institutional shareholders include Fred Alger Management LLC (9.70%), Alliancebernstein L.P. (5.55%), Janus Henderson Group PLC (5.31%), State Street Corp (3.52%), Artisan Partners Limited Partnership (2.36%) and Peregrine Capital Management LLC (2.19%). Company insiders that own Tactile Systems Technology stock include Brent Moen, Bryan Rishe, Gerald R Mattys, Kevin H Roche, Lynn Larson Blake, Maggie Thompson, 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 UBS Asset Management Americas Inc., Peregrine Capital Management LLC, Lord Abbett & CO. LLC, Fort Washington Investment Advisors Inc. OH, Russell Investments Group Ltd., First Trust Advisors LP, Calamos Advisors LLC, and Charles Schwab Investment Management Inc.. Company insiders that have sold Tactile Systems Technology company stock in the last year include Brent Moen, Bryan Rishe, Gerald R Mattys, Kevin H Roche, Richard Nigon, Robert J Folkes, and William W Burke. View insider buying and selling activity for Tactile Systems Technology.

Which major investors are buying Tactile Systems Technology stock?

TCMD stock was acquired by a variety of institutional investors in the last quarter, including Bamco Inc. NY, Point72 Asset Management L.P., Fred Alger Management LLC, Alliancebernstein L.P., Aviva PLC, Thrivent Financial for Lutherans, Driehaus Capital Management LLC, and Artisan Partners Limited Partnership. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Tactile Systems Technology's stock price today?

One share of TCMD stock can currently be purchased for approximately $38.95.

How big of a company is Tactile Systems Technology?

Tactile Systems Technology has a market capitalization of $748.62 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. Tactile Systems Technology employs 499 workers across the globe. View additional information about Tactile Systems Technology.

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 3701 Wayzata Blvd Suite 300, MINNEAPOLIS MN, 55416. 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:  2.8 out of 5 (star star)
Outperform Votes:  328 (Thanks for Voting!)
Underperform Votes:  257 (Thanks for Voting!)
Total Votes:  585
MarketBeat'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 3/29/2020 by MarketBeat.com Staff

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