NASDAQ:TCMD

Tactile Systems Technology Stock Forecast, Price & News

$50.73
-1.59 (-3.04 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$50.42
$51.81
50-Day Range
$50.01
$60.44
52-Week Range
$30.31
$64.53
Volume197,681 shs
Average Volume143,349 shs
Market Capitalization$996.90 million
P/E RatioN/A
Dividend YieldN/A
Beta1.61
30 days | 90 days | 365 days | Advanced Chart
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Tactile Systems Technology logo

About Tactile Systems Technology

Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. The company offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema; and Entre 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. The company was incorporated in 1995 and is headquartered in Minneapolis, Minnesota.

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MarketRank

Overall MarketRank

1.74 out of 5 stars

Medical Sector

252nd out of 2,097 stocks

Surgical & Medical Instruments Industry

26th out of 174 stocks

Analyst Opinion: 2.3Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Tactile Systems Technology (NASDAQ:TCMD) Frequently Asked Questions

Is Tactile Systems Technology a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Tactile Systems Technology stock.
View analyst ratings for Tactile Systems Technology
or view top-rated stocks.

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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Tactile Systems Technology wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Tactile Systems Technology's next earnings date?

Tactile Systems Technology is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Tactile Systems Technology
.

How were Tactile Systems Technology's earnings last quarter?

Tactile Systems Technology, Inc. (NASDAQ:TCMD) announced its earnings results on Sunday, May, 2nd. The company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.08. The business had revenue of $42.77 million for the quarter, compared to analysts' expectations of $41.56 million. Tactile Systems Technology had a negative net margin of 0.85% and a positive trailing twelve-month return on equity of 7.24%.
View Tactile Systems Technology's earnings history
.

How has Tactile Systems Technology's stock been impacted by COVID-19 (Coronavirus)?

Tactile Systems Technology's stock was trading at $42.58 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TCMD shares have increased by 19.1% and is now trading at $50.73.
View which stocks have been most impacted by COVID-19
.

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

Tactile Systems Technology updated its FY 2021 earnings guidance on Monday, May, 17th. The company provided EPS guidance of - for the period. The company issued revenue guidance of $215.30 million-$224.50 million, compared to the consensus revenue estimate of $219.87 million.

What price target have analysts set for TCMD?

3 brokerages have issued 12-month target prices for Tactile Systems Technology's shares. Their forecasts range from $55.00 to $62.00. On average, they anticipate Tactile Systems Technology's share price to reach $59.00 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price.
View analysts' price targets for Tactile Systems Technology
or view top-rated stocks among Wall Street analysts.

Who are Tactile Systems Technology's key executives?

Tactile Systems Technology's management team includes the following people:
  • Mr. Daniel L. Reuvers, Pres, CEO & Director (Age 58, Pay $836.22k)
  • Mr. Brent A. Moen, Chief Financial Officer (Age 54, Pay $528.35k)
  • Mr. Gerald R. Mattys, Consultant (Age 61, Pay $1.05M)
  • Mr. Mark W. Aldridge, VP of Operations
  • Mr. Peter C. Schaubach, Chief Information Officer
  • Ms. Sunday J. Hoy, VP & Compliance Officer
  • Mr. Eric Pauls, Sr. VP of Sales
  • Ms. Juleen F. Krings, Chief HR Officer
  • Mr. Thomas F. O'Donnell Jr., Chief Medical Officer
  • Mr. Darren J. Wennen, Sr. VP of Commercial Operations

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.

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).

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.

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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.83%), Fred Alger Management LLC (11.13%), Champlain Investment Partners LLC (8.96%), Geneva Capital Management LLC (7.50%), Waddell & Reed Financial Inc. (5.78%) and Thrivent Financial for Lutherans (4.85%). 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 major investors are selling Tactile Systems Technology stock?

TCMD stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Peregrine Capital Management LLC, Waddell & Reed Financial Inc., Thrivent Financial for Lutherans, Goldman Sachs Group Inc., Russell Investments Group Ltd., Wasatch Advisors Inc., and BlackRock Inc.. Company insiders that have sold Tactile Systems Technology company stock in the last year include Brent Moen, Bryan Rishe, and William W Burke.
View insider buying and selling activity for Tactile Systems Technology
or view top insider-selling stocks.

Which major investors are buying Tactile Systems Technology stock?

TCMD stock was purchased by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, Morgan Stanley, Dimensional Fund Advisors LP, Geode Capital Management LLC, Fred Alger Management LLC, JPMorgan Chase & Co., Exchange Traded Concepts LLC, and Nicholas Company Inc..
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.
Compare Top Brokerages Here.

What is Tactile Systems Technology's stock price today?

One share of TCMD stock can currently be purchased for approximately $50.73.

How much money does Tactile Systems Technology make?

Tactile Systems Technology has a market capitalization of $996.90 million and generates $187.13 million in revenue each year. The company earns $-620,000.00 in net income (profit) each year or $0.48 on an earnings per share basis.

How many employees does Tactile Systems Technology have?

Tactile Systems Technology employs 707 workers across the globe.

What is Tactile Systems Technology's official website?

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

Where are Tactile Systems Technology's headquarters?

Tactile Systems Technology is headquartered at 3701 Wayzata Blvd Suite 300, MINNEAPOLIS MN, 55413.

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 6/20/2021 by MarketBeat.com Staff
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