NASDAQ:TCMD - Tactile Systems Technology Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $55.57 -5.28 (-8.68 %) (As of 03/24/2019 04:00 PM ET)Previous Close$55.57Today's Range$54.3050 - $60.635652-Week Range$30.32 - $76.63Volume700,355 shsAverage Volume333,871 shsMarket Capitalization$1.05 billionP/E Ratio163.44Dividend YieldN/ABeta2.36 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 CIK1027838 Webwww.tactilemedical.com Phone612-355-5100Debt Debt-to-Equity RatioN/A Current Ratio5.28 Quick Ratio4.59Price-To-Earnings Trailing P/E Ratio163.44 Forward P/E Ratio168.39 P/E Growth8.42 Sales & Book Value Annual Sales$143.75 million Price / Sales7.27 Cash Flow$0.5551 per share Price / Cash Flow100.10 Book Value$4.83 per share Price / Book11.51Profitability EPS (Most Recent Fiscal Year)$0.34 Net Income$6.62 million Net Margins4.61% Return on Equity6.77% Return on Assets5.66%Miscellaneous EmployeesN/A Outstanding Shares18,810,000Market Cap$1.05 billion Next Earnings Date5/6/2019 (Estimated) 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) announced its quarterly earnings results on Thursday, February, 28th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.04. The firm earned $46.45 million during the quarter, compared to analyst estimates of $43.81 million. Tactile Systems Technology had a return on equity of 6.77% and a net margin of 4.61%. 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 Monday, May 6th 2019. View Earnings Estimates for Tactile Systems Technology. What guidance has Tactile Systems Technology issued on next quarter's earnings? Tactile Systems Technology issued an update on its FY 2019 earnings guidance on Thursday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $173-175.5 million, compared to the consensus revenue estimate of $169.93 million. What price target have analysts set for TCMD? 4 analysts have issued 12 month price objectives for Tactile Systems Technology's stock. Their forecasts range from $50.00 to $80.00. On average, they anticipate Tactile Systems Technology's share price to reach $70.00 in the next year. This suggests a possible upside of 26.0% from the stock's current price. 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 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) 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. " (3/13/2019) 3. BTIG Research analysts commented, "Medical reported a Q4 beat and set 2019 guidance ~$4M above consensus. However, the reported beat came with more sales reps to finish 2018 and higher operating expense than we forecasted. This seems to underscore the TCMD story – steep growth driven in part by opex increases and increased salesforce hiring. This is expected to continue into 2019, with management looking to increase sales rep headcount by ~20% and grow sales by 20-22% y/y. We would not be surprised by beats throughout the year, as we feel the company’s history and underlying factors—such as momentum with the VA, more feet on the street, and continued volume uplift from last year’s large payor contract enabling in-network direct patient access—make this more likely than not. Despite anticipated beats and raises, we maintain our Neutral rating based on valuation." (3/5/2019) Has Tactile Systems Technology been receiving favorable news coverage? Media headlines about TCMD stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tactile Systems Technology earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the next several days. Who are some of Tactile Systems Technology's key competitors? Some companies that are related to Tactile Systems Technology include Tandem Diabetes Care (TNDM), Merit Medical Systems (MMSI), Glaukos (GKOS), NuVasive (NUVA), Cantel Medical (CMD), Irhythm Technologies (IRTC), Nevro (NVRO), Atrion (ATRI), Mazor Robotics (MZOR), Cardiovascular Systems (CSII), K2M Group (KTWO), AtriCure (ATRC), Luminex (LMNX), Orthofix Medical (OFIX) and Cryolife (CRY). 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 CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Aegean Marine Petroleum Network (ANW), BJ's Restaurants (BJRI), Sangamo Therapeutics (SGMO), NanoString Technologies (NSTG) and Accenture (ACN). 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 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 a variety of of institutional and retail investors. Top institutional shareholders 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, 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, 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 acquired 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 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, 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 $55.57. How big of a company is Tactile Systems Technology? Tactile Systems Technology has a market capitalization of $1.05 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. 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: 239 (Vote Outperform)Underperform Votes: 163 (Vote Underperform)Total Votes: 402MarketBeat'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 3/24/2019 by MarketBeat.com StaffFeatured Article: What are the benefits of momentum investing?