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S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
S&P 500   3,855.36
DOW   30,960.00
QQQ   328.11
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NASDAQ:TCMD

Tactile Systems Technology Stock Forecast, Price & News

$53.66
+1.04 (+1.98 %)
(As of 01/25/2021 12:00 AM ET)
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Today's Range
$52.32
Now: $53.66
$54.38
50-Day Range
$37.00
MA: $45.57
$52.83
52-Week Range
$29.47
Now: $53.66
$65.46
Volume106,394 shs
Average Volume166,873 shs
Market Capitalization$1.04 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.69
Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices for chronic diseases in the United States. The company offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema; 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 ACTitouch system, a medical device for the treatment of venous leg ulcers chronic venous insufficiency patients. It also provides Airwear Gradient Compression Wrap that is used in the 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.
Tactile Systems Technology logo

MarketRank

Overall MarketRank

1.41 out of 5 stars

Medical Sector

526th out of 1,922 stocks

Surgical & Medical Instruments Industry

52nd out of 168 stocks

Analyst Opinion: 2.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:TCMD
CUSIPN/A
Phone612-355-5100
Employees629
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$189.49 million
Cash Flow$0.79 per share
Book Value$5.92 per share

Profitability

Net Income$10.97 million

Miscellaneous

Market Cap$1.04 billion
Next Earnings Date2/24/2021 (Estimated)
OptionableOptionable
$53.66
+1.04 (+1.98 %)
(As of 01/25/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Tactile Systems Technology (NASDAQ:TCMD) Frequently Asked Questions

How has Tactile Systems Technology's stock price been impacted by 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 shares have increased by 26.0% and is now trading at $53.66.
View which stocks have been most impacted by COVID-19
.

Is Tactile Systems Technology a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Tactile Systems Technology stock.
View analyst ratings for Tactile Systems Technology
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Tactile Systems Technology?

Wall Street analysts have given Tactile Systems Technology a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Tactile Systems Technology wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Dan Reuvers' approval rating as Tactile Systems Technology's CEO?

1 employees have rated Tactile Systems Technology CEO Dan Reuvers on Glassdoor.com. Dan Reuvers has an approval rating of 100% among Tactile Systems Technology's employees. This puts Dan Reuvers in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Tactile Systems Technology's next earnings date?

Tactile Systems Technology is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
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 Monday, November, 2nd. The company reported $0.12 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.18. The business had revenue of $49.09 million for the quarter, compared to analyst estimates of $46.68 million. Tactile Systems Technology had a positive trailing twelve-month return on equity of 1.37% and a negative net margin of 4.57%.
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 Monday, November, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $184.9-186.9 million, compared to the consensus revenue estimate of $184.43 million.

What price target have analysts set for TCMD?

4 Wall Street analysts have issued 1 year price targets for Tactile Systems Technology's shares. Their forecasts range from $55.00 to $70.00. On average, they expect Tactile Systems Technology's stock price to reach $61.75 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price.
View analysts' price targets for Tactile Systems Technology
or view Wall Street analyst' top-rated stocks.

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), InterDigital (IDCC), BlackRock (BLK), Bank of Hawaii (BOH), STAG Industrial (STAG), Chipotle Mexican Grill (CMG), Endologix (ELGX), Micron Technology (MU) and Vista Outdoor (VSTO).

Who are Tactile Systems Technology's key executives?

Tactile Systems Technology's management team includes the following people:
  • Mr. Brent A. Moen, Chief Financial Officer (Age 53, Pay $585.61k)
  • Mr. Bryan F. Rishe, Sr. VP of Sales (Age 64, Pay $557.61k)
  • Mr. Gerald R. Mattys, Consultant (Age 60, Pay $1.31M)
  • Mr. Daniel L. Reuvers, Pres, CEO & Director (Age 57)
  • Mr. Peter C. Schaubach, Chief Information Officer
  • Ms. Sunday J. Hoy, VP & Compliance Officer
  • Mr. Darren J. Wennen, VP of Marketing & Clinical Affairs
  • Ms. Juleen F. Krings, Chief HR Officer
  • Mr. Thomas F. O'Donnell Jr., M.D., Chief Medical Officer

When did Tactile Systems Technology IPO?

(TCMD) raised $40 million in an 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.

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 Peregrine Capital Management LLC (1.84%), Summit Creek Advisors LLC (0.90%), Paradigm Capital Management Inc. NY (0.25%), Exchange Traded Concepts LLC (0.16%), State of Alaska Department of Revenue (0.08%) and Diversified Trust Co (0.04%). Company insiders that own Tactile Systems Technology stock include Brent Moen, Bryan Rishe, Gerald R Mattys, Kevin H Roche, 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 of Alaska Department of Revenue. Company insiders that have sold Tactile Systems Technology company stock in the last year include Brent Moen, Bryan Rishe, Gerald R Mattys, and Robert J Folkes.
View insider buying and selling activity for Tactile Systems Technology
or view top insider-selling stocks.

Which institutional investors are buying Tactile Systems Technology stock?

TCMD stock was acquired by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, Peregrine Capital Management LLC, Paradigm Capital Management Inc. NY, Exchange Traded Concepts LLC, and Diversified Trust Co.
View insider buying and selling activity for Tactile Systems Technology
or or view top insider-buying stocks.

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 WeBull, 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 $53.66.

How big of a company is Tactile Systems Technology?

Tactile Systems Technology has a market capitalization of $1.04 billion 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 629 workers across the globe.

What is Tactile Systems Technology's official website?

The official website for Tactile Systems Technology is www.tactilemedical.com.

How can I contact Tactile Systems Technology?

Tactile Systems Technology's mailing address is 3701 Wayzata Blvd Suite 300, MINNEAPOLIS MN, 55413. The company can be reached via phone at 612-355-5100 or via email at [email protected]

This page was last updated on 1/26/2021 by MarketBeat.com Staff

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