NASDAQ:TCMD - Tactile Systems Technology Stock Price, Price Target & More

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$55.13 +0.58 (+1.06 %)
(As of 07/18/2018 02:31 PM ET)
Previous Close$54.45
Today's Range$54.29 - $55.41
52-Week Range$22.72 - $57.60
Volume1,490 shs
Average Volume221,934 shs
Market Capitalization$980.71 million
P/E Ratio260.24
Dividend YieldN/A
Beta0.86
Tactile Systems Technology logoTactile 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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:TCMD
CUSIPN/A
Phone612-355-5100

Debt

Debt-to-Equity RatioN/A
Current Ratio5.90
Quick Ratio4.75

Price-To-Earnings

Trailing P/E Ratio260.24
Forward P/E Ratio153.14
P/E Growth7.54

Sales & Book Value

Annual Sales$109.28 million
Price / Sales9.12
Cash Flow$0.3333 per share
Price / Cash165.40
Book Value$4.11 per share
Price / Book13.41

Profitability

EPS (Most Recent Fiscal Year)$0.21
Net Income$5.85 million
Net Margins6.29%
Return on Equity7.86%
Return on Assets6.56%

Miscellaneous

Employees406
Outstanding Shares18,070,000
Market Cap$980.71

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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 earnings results on Monday, May, 7th. The company reported $0.00 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.13) by $0.13. The company earned $26.85 million during the quarter, compared to analyst estimates of $23.72 million. Tactile Systems Technology had a return on equity of 7.86% and a net margin of 6.29%. The firm's quarterly revenue was up 35.3% compared to the same quarter last year. During the same period last year, the company posted ($0.09) earnings per share. 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, August, 6th 2018. View Earnings Estimates for Tactile Systems Technology.

What price target have analysts set for TCMD?

6 analysts have issued twelve-month target prices for Tactile Systems Technology's stock. Their predictions range from $31.50 to $60.00. On average, they anticipate Tactile Systems Technology's share price to reach $47.8750 in the next twelve months. This suggests that the stock has a possible downside of 12.8%. View Analyst Ratings for Tactile Systems Technology.

What is the consensus analysts' recommendation for Tactile Systems Technology?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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. 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. " (5/11/2018)
  • 2. Canaccord Genuity analysts commented, "We are updating our model to include 2019 estimates. We reiterate our BUY rating and $37 price target." (1/3/2018)
  • 3. Northland Securities analysts commented, "We don’t have a clear understanding of where tissue fluid from the lymphedematous limb drains to, if residual proteins move at all, why some patients develop lymphedema post- radiation & others don’t, what constitutes good outcomes – edema reduction / limb girth reduction, etc? At the same time, industry as a whole has not invested in rigorous clinical studies to study the effects of various therapies. Manual drainage therapy (MLD) & compression garments are usually first-line therapy, but <10% of the patients first start using compression garments ~4 yrs after developing lymphedema. Pneumatic compression devices (PCD), from companies like Tactile, are next in line therapy, and are based on the concept of graduated external pressure gradients created to move fluid away from the affected area."" (10/16/2017)

Who are some of Tactile Systems Technology's key competitors?

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 58)
  • Ms. Lynn L. Blake, Chief Financial Officer (Age 51)
  • Mr. Robert J. Folkes, Chief Operating Officer (Age 55)
  • Ms. Sunday J. Hoy Esq., Compliance Officer
  • Mr. Bryan F. Rishe, Sr. VP of Sales (Age 62)

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.

Has Tactile Systems Technology been receiving favorable news coverage?

Media headlines about TCMD stock have trended somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tactile Systems Technology earned a coverage optimism score of 0.16 on Accern's scale. They also assigned media coverage about the company an impact score of 46.60 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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 investors include BLACKROCK INC. (10.00%), Peregrine Capital Management LLC (3.67%), Rathbone Brothers plc (0.04%) and Bank of Montreal Can (0.03%). Company insiders that own Tactile Systems Technology stock include Bryan Rishe, Cheryl Pegus, Galen Partners V Lp, Gerald R Mattys, Jordan Davis, Kevin H Roche, Lynn Larson Blake, Maggie Thompson, Mary E Anderson, Peter H Soderberg, Radius Venture Partners Iii, L, 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 Peregrine Capital Management LLC. Company insiders that have sold Tactile Systems Technology company stock in the last year include Bryan Rishe, Gerald R Mattys, Jordan Davis, Kevin H Roche, Lynn Larson Blake, Maggie Thompson, Radius Venture Partners Iii, L, Robert J Folkes and William W Burke. View Insider Buying and Selling for Tactile Systems Technology.

Which institutional investors are buying Tactile Systems Technology stock?

TCMD stock was acquired by a variety of institutional investors in the last quarter, including Rathbone Brothers plc and Bank of Montreal Can. Company insiders that have bought Tactile Systems Technology stock in the last two years include Cheryl Pegus, Peter H Soderberg and Richard Nigon. 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 $54.89.

How big of a company is Tactile Systems Technology?

Tactile Systems Technology has a market capitalization of $980.71 million and generates $109.28 million in revenue each year. The company earns $5.85 million in net income (profit) each year or $0.21 on an earnings per share basis. Tactile Systems Technology employs 406 workers across the globe.

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:  163 (Vote Outperform)
Underperform Votes:  112 (Vote Underperform)
Total Votes:  275
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 7/18/2018 by MarketBeat.com Staff

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