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

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$49.00 +0.20 (+0.41 %)
(As of 04/24/2019 04:00 PM ET)
Previous Close$48.80
Today's Range$47.91 - $50.28
52-Week Range$32.81 - $76.63
Volume221,000 shs
Average Volume300,129 shs
Market Capitalization$921.69 million
P/E Ratio144.12
Dividend YieldN/A
Beta2.25
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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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$0.5634 per share
Book Value$4.83 per share

Profitability

Net Income$6.62 million

Miscellaneous

Employees499
Market Cap$921.69 million
Next Earnings Date5/6/2019 (Confirmed)
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) released its quarterly earnings data on Thursday, February, 28th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.04. The firm had revenue of $46.45 million for 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.

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 8332865804.

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 EPS 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 Wall Street analysts have issued twelve-month target prices 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 twelve months. This suggests a possible upside of 42.9% 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?

Press coverage about TCMD stock has been trending positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tactile Systems Technology earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days.

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), Endologix (ELGX), Chipotle Mexican Grill (CMG), BJ's Restaurants (BJRI), Micron Technology (MU), Aegean Marine Petroleum Network (ANW), NanoString Technologies (NSTG) and YY (YY).

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 $10.00 per share. Piper Jaffray, William Blair and Canaccord Genuity served 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 number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (2.25%), Perkins Capital Management Inc. (0.17%), Columbus Circle Investors (0.10%) and Virtu Financial LLC (0.05%). 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 Peregrine Capital Management LLC, Columbus Circle Investors and Perkins Capital Management Inc.. 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 Virtu Financial LLC. 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 $49.00.

How big of a company is Tactile Systems Technology?

Tactile Systems Technology has a market capitalization of $921.69 million 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.

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 (star star star)
Outperform Votes:  241 (Vote Outperform)
Underperform Votes:  166 (Vote Underperform)
Total Votes:  407
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 4/24/2019 by MarketBeat.com Staff

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