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

$66.79
+1.54 (+2.36 %)
(As of 12/12/2019 01:30 PM ET)
Today's Range
$65.13
Now: $66.79
$67.16
50-Day Range
$44.75
MA: $55.43
$65.57
52-Week Range
$37.40
Now: $66.79
$76.63
Volume5,790 shs
Average Volume148,949 shs
Market Capitalization$1.27 billion
P/E Ratio196.44
Dividend YieldN/A
Beta2.19
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. Read More…

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$143.75 million
Cash Flow$0.58 per share
Book Value$4.83 per share

Profitability

Net Income$6.62 million

Miscellaneous

Employees499
Market Cap$1.27 billion
Next Earnings Date2/27/2020 (Estimated)
OptionableOptionable

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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) released its quarterly earnings results on Monday, November, 4th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. The business had revenue of $49.60 million for the quarter, compared to analyst estimates of $45.47 million. Tactile Systems Technology had a net margin of 5.06% and a return on equity of 9.41%. The company's quarterly revenue was up 36.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.09 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 27th 2020. View Earnings Estimates for Tactile Systems Technology.

What price target have analysts set for TCMD?

7 analysts have issued 12-month target prices for Tactile Systems Technology's shares. Their forecasts range from $50.00 to $100.00. On average, they anticipate Tactile Systems Technology's stock price to reach $75.33 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View Analyst Price Targets for Tactile Systems Technology.

What is the consensus analysts' recommendation for Tactile Systems Technology?

7 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 5 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. 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. " (11/6/2019)
  • 2. Northland Securities analysts commented, "We confess, as much as our we would like to opine on the details of the allegations, we simply state what has been alleged. We also present the commentary presented to us by Tactile Medical. Suffice it to say, there will be a tug of war for some time moving forward." (3/22/2019)

Has Tactile Systems Technology been receiving favorable news coverage?

Press coverage about TCMD stock has trended very negative on Thursday, InfoTrie reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tactile Systems Technology earned a coverage optimism score of -3.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Tactile Systems Technology.

Are investors shorting Tactile Systems Technology?

Tactile Systems Technology saw a increase in short interest in November. As of November 29th, there was short interest totalling 2,770,000 shares, an increase of 5.3% from the November 14th total of 2,630,000 shares. Based on an average trading volume of 194,000 shares, the days-to-cover ratio is presently 14.3 days. Currently, 15.3% of the company's stock are sold short. View Tactile Systems Technology's Current Options Chain.

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 Aegean Marine Petroleum Network (ANW).

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. 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 (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 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 of retail and institutional investors. Top institutional investors include State Street Corp (3.39%), Peregrine Capital Management LLC (2.81%), Russell Investments Group Ltd. (0.95%), Calamos Advisors LLC (0.53%), Gilder Gagnon Howe & Co. LLC (0.41%) and Rhumbline Advisers (0.29%). Company insiders that own Tactile Systems Technology stock include Brent Moen, Bryan Rishe, Cheryl Pegus, Gerald R Mattys, Jordan Davis, 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 institutional investors are selling Tactile Systems Technology stock?

TCMD stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Columbus Circle Investors, Millennium Management LLC, Lisanti Capital Growth LLC, Carlson Capital Management, Squarepoint Ops LLC, Perkins Capital Management Inc. and CIBC Private Wealth Group LLC. Company insiders that have sold Tactile Systems Technology company stock in the last year include Bryan Rishe, Gerald R Mattys, Kevin H Roche, Maggie Thompson, Richard Nigon, Robert J Folkes and William W Burke. View Insider Buying and Selling for Tactile Systems Technology.

Which institutional investors are buying Tactile Systems Technology stock?

TCMD stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Peregrine Capital Management LLC, California Public Employees Retirement System, Calamos Advisors LLC, First Trust Advisors LP, State of Alaska Department of Revenue, BBVA USA Bancshares Inc. and New York State Teachers Retirement System. Company insiders that have bought Tactile Systems Technology stock in the last two years include Brent Moen and Cheryl Pegus. 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, 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 $66.79.

How big of a company is Tactile Systems Technology?

Tactile Systems Technology has a market capitalization of $1.27 billion and generates $143.75 million in revenue each year. The company earns $6.62 million in net income (profit) each year or $0.34 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:  2.9 out of 5 (star star)
Outperform Votes:  295 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  513
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 12/12/2019 by MarketBeat.com Staff

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