S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
3 Undervalued Dividend Payers For Volatile Market Conditions
Urgent Warning (Ad)
3 More Downgrades To Put On Your Buy List 
Three Pullback Opportunities in Tech Right Now
Urgent Warning (Ad)
Three Mid Caps Wall Street Sees Doubling Within 12 Months
The Most Important Warren Buffett Stock for Investors: His Own
Buy THIS stock before Taiwan is attacked (Ad)
Dave & Buster’s Rebound Could Score for Investors 
Micron Technology Goes on Breakout Watch
S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
3 Undervalued Dividend Payers For Volatile Market Conditions
Urgent Warning (Ad)
3 More Downgrades To Put On Your Buy List 
Three Pullback Opportunities in Tech Right Now
Urgent Warning (Ad)
Three Mid Caps Wall Street Sees Doubling Within 12 Months
The Most Important Warren Buffett Stock for Investors: His Own
Buy THIS stock before Taiwan is attacked (Ad)
Dave & Buster’s Rebound Could Score for Investors 
Micron Technology Goes on Breakout Watch
S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
3 Undervalued Dividend Payers For Volatile Market Conditions
Urgent Warning (Ad)
3 More Downgrades To Put On Your Buy List 
Three Pullback Opportunities in Tech Right Now
Urgent Warning (Ad)
Three Mid Caps Wall Street Sees Doubling Within 12 Months
The Most Important Warren Buffett Stock for Investors: His Own
Buy THIS stock before Taiwan is attacked (Ad)
Dave & Buster’s Rebound Could Score for Investors 
Micron Technology Goes on Breakout Watch
S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
3 Undervalued Dividend Payers For Volatile Market Conditions
Urgent Warning (Ad)
3 More Downgrades To Put On Your Buy List 
Three Pullback Opportunities in Tech Right Now
Urgent Warning (Ad)
Three Mid Caps Wall Street Sees Doubling Within 12 Months
The Most Important Warren Buffett Stock for Investors: His Own
Buy THIS stock before Taiwan is attacked (Ad)
Dave & Buster’s Rebound Could Score for Investors 
Micron Technology Goes on Breakout Watch
NASDAQ:TCMD

Tactile Systems Technology - TCMD Stock Forecast, Price & News

$16.37
+0.22 (+1.36%)
(As of 03/29/2023 12:00 AM ET)
Add
Compare
Today's Range
$16.07
$16.72
50-Day Range
$12.03
$16.70
52-Week Range
$6.28
$21.62
Volume
154,912 shs
Average Volume
219,317 shs
Market Capitalization
$331.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$23.33

Tactile Systems Technology MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
42.5% Upside
$23.33 Price Target
Short Interest
Healthy
2.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.43mentions of Tactile Systems Technology in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$208,799 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.12) to $0.38 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.13 out of 5 stars

Medical Sector

463rd out of 999 stocks

Surgical & Medical Instruments Industry

47th out of 103 stocks


TCMD stock logo

About Tactile Systems Technology (NASDAQ:TCMD) Stock

Tactile Systems Technology, Inc. is a medical technology company. It develops and provides innovative medical devices for the treatment of chronic diseases at home. The firm focus on advancing the standard of care in treating chronic diseases in the home setting to improve patient outcomes and quality of life and help control rising healthcare expenditures. The company was founded on January 30, 1995 and is headquartered in Minneapolis, MN.

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.

TCMD Stock News Headlines

My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
Tactile Systems launches stock offering
Fed's Shocking New Plan to Control Your Money
The Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. 
Q4 2022 Tactile Systems Technology Inc Earnings Call
Tactile Systems' CFO to retire
See 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.

TCMD Company Calendar

Last Earnings
2/21/2023
Today
3/30/2023
Next Earnings (Estimated)
5/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:TCMD
Employees
988
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$23.33
High Stock Price Forecast
$27.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+42.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-17,870,000.00
Pretax Margin
-6.27%

Debt

Sales & Book Value

Annual Sales
$246.79 million
Cash Flow
$0.13 per share
Book Value
$6.02 per share

Miscellaneous

Free Float
19,542,000
Market Cap
$331.49 million
Optionable
Optionable
Beta
1.20

Key Executives

  • Daniel L. ReuversDaniel L. Reuvers
    President, Chief Executive Officer & Director
  • Jerry A. Sauber
    Vice President-Operations
  • Brent A. Moen
    Chief Financial Officer
  • Thomas F. O’Donnell
    Chief Medical Officer
  • Peter C. Schaubach
    Chief Information Officer













TCMD Stock - Frequently Asked Questions

Should I buy or sell Tactile Systems Technology stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research 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 forecast for 2023?

3 Wall Street research analysts have issued 1 year price targets for Tactile Systems Technology's shares. Their TCMD share price forecasts range from $18.00 to $27.00. On average, they predict the company's share price to reach $23.33 in the next twelve months. This suggests a possible upside of 42.5% 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 2023?

Tactile Systems Technology's stock was trading at $11.48 at the beginning of the year. Since then, TCMD stock has increased by 42.6% and is now trading at $16.37.
View the best growth stocks for 2023 here
.

Are investors shorting Tactile Systems Technology?

Tactile Systems Technology saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 421,400 shares, an increase of 23.0% from the February 28th total of 342,700 shares. Based on an average daily trading volume, of 212,500 shares, the short-interest ratio is currently 2.0 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 1st 2023.
View our TCMD earnings forecast
.

How were Tactile Systems Technology's earnings last quarter?

Tactile Systems Technology, Inc. (NASDAQ:TCMD) posted its quarterly earnings results on Tuesday, February, 21st. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.15. The firm earned $73.90 million during the quarter, compared to analyst estimates of $70.50 million. Tactile Systems Technology had a negative net margin of 7.24% and a negative trailing twelve-month return on equity of 3.11%.

What ETFs hold Tactile Systems Technology's stock?

ETFs with the largest weight of Tactile Systems Technology (NASDAQ:TCMD) stock in their portfolio include ROBO Global Healthcare Technology and Innovation ETF (HTEC), Invesco Nasdaq Future Gen 200 ETF (QQQS) and Principal Healthcare Innovators ETF (BTEC).

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

Tactile Systems Technology issued an update on its FY 2023 earnings guidance on Tuesday, February, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $269.00 million-$273.00 million, compared to the consensus revenue estimate of $272.70 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), CA (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?

(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 served 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 a variety of retail and institutional investors. Top institutional shareholders include Millennium Management LLC (3.83%), Morgan Stanley (3.02%), AQR Capital Management LLC (2.07%), Brandywine Global Investment Management LLC (2.02%), First Eagle Investment Management LLC (1.97%) and Geode Capital Management LLC (1.82%). Insiders that own company stock include Brent Moen, Bryan Rishe, Daniel L Reuvers, Gerald R Mattys, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Tactile Systems Technology's stock price today?

One share of TCMD stock can currently be purchased for approximately $16.37.

How much money does Tactile Systems Technology make?

Tactile Systems Technology (NASDAQ:TCMD) has a market capitalization of $331.49 million and generates $246.79 million in revenue each year. The company earns $-17,870,000.00 in net income (profit) each year or ($0.89) on an earnings per share basis.

How many employees does Tactile Systems Technology have?

The company employs 988 workers across the globe.

How can I contact Tactile Systems Technology?

Tactile Systems Technology's mailing address is 3701 Wayzata Blvd Suite 300, MINNEAPOLIS MN, 55413. The official website for the company is www.tactilemedical.com. The company can be reached via phone at (612) 355-5100, via email at investorrelations@tactilemedical.com, or via fax at 866-435-3949.

This page (NASDAQ:TCMD) was last updated on 3/30/2023 by MarketBeat.com Staff