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First-Time Investor? Here Are 9 Mistakes You Want To Avoid
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Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Indian tycoon Adani hit by more losses, calls for probe
Ford, Starbucks fall; Clorox, Gilead Sciences rise
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
A gold storm is coming… (Ad)
Ford Stock Going Forward After Big Earnings Flop
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Indian tycoon Adani hit by more losses, calls for probe
Ford, Starbucks fall; Clorox, Gilead Sciences rise
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
A gold storm is coming… (Ad)
Ford Stock Going Forward After Big Earnings Flop
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Indian tycoon Adani hit by more losses, calls for probe
Ford, Starbucks fall; Clorox, Gilead Sciences rise
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
A gold storm is coming… (Ad)
Ford Stock Going Forward After Big Earnings Flop
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Indian tycoon Adani hit by more losses, calls for probe
Ford, Starbucks fall; Clorox, Gilead Sciences rise
NASDAQ:TCMD

Tactile Systems Technology - TCMD Stock Forecast, Price & News

$13.03
-0.05 (-0.38%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$12.97
$13.37
50-Day Range
$8.33
$13.24
52-Week Range
$6.28
$21.62
Volume
77,259 shs
Average Volume
128,586 shs
Market Capitalization
$262.68 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
79.1% Upside
$23.33 Price Target
Short Interest
Healthy
1.74% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.32) to ($0.10) Per Share

Overall MarketRank

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

2.29 out of 5 stars

Medical Sector

218th out of 1,029 stocks

Surgical & Medical Instruments Industry

23rd out of 107 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.

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TCMD Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Tactile Systems Technology Inc hosts conference call for investors
Tactile Systems Technology, Inc. (TCMD)
See More Headlines
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TCMD Company Calendar

Last Earnings
11/07/2022
Today
2/03/2023
Next Earnings (Confirmed)
2/21/2023
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
+79.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-11,810,000.00
Pretax Margin
-8.09%

Debt

Sales & Book Value

Annual Sales
$208.06 million
Book Value
$6.47 per share

Miscellaneous

Free Float
19,484,000
Market Cap
$262.68 million
Optionable
Optionable
Beta
1.21

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 research analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street 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 brokers have issued 1 year target prices 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 stock price to reach $23.33 in the next year. This suggests a possible upside of 79.1% 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 start of the year. Since then, TCMD stock has increased by 13.5% and is now trading at $13.03.
View the best growth stocks for 2023 here
.

Are investors shorting Tactile Systems Technology?

Tactile Systems Technology saw a drop in short interest in January. As of January 15th, there was short interest totaling 351,700 shares, a drop of 23.7% from the December 31st total of 460,800 shares. Based on an average daily volume of 201,100 shares, the days-to-cover ratio is presently 1.7 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 Tuesday, February 21st 2023.
View our TCMD earnings forecast
.

How can I listen to Tactile Systems Technology's earnings call?

Tactile Systems Technology will be holding an earnings conference call on Tuesday, February 21st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13736241".

How were Tactile Systems Technology's earnings last quarter?

Tactile Systems Technology, Inc. (NASDAQ:TCMD) issued its earnings results on Monday, November, 7th. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of ($0.10) by $0.20. The business had revenue of $65.26 million for the quarter, compared to analysts' expectations of $60.20 million. Tactile Systems Technology had a negative trailing twelve-month return on equity of 12.70% and a negative net margin of 12.78%.

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

Tactile Systems Technology issued an update on its FY 2022 earnings guidance on Monday, November, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $242.00 million-$245.00 million, compared to the consensus revenue estimate of $238.85 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 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 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 institutional and retail investors. Top institutional shareholders include Exchange Traded Concepts LLC (0.69%), Paradigm Capital Management Inc. NY (0.25%), Perkins Capital Management Inc. (0.16%), SG Americas Securities LLC (0.14%), Strs Ohio (0.11%) and Allspring Global Investments Holdings LLC (0.03%). Insiders that own company stock include Brent Moen, Bryan Rishe, Daniel L Reuvers, Gerald R Mattys, Kristie Burns, Robert J Folkes 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 $13.03.

How much money does Tactile Systems Technology make?

Tactile Systems Technology (NASDAQ:TCMD) has a market capitalization of $262.68 million and generates $208.06 million in revenue each year. The company earns $-11,810,000.00 in net income (profit) each year or ($1.50) 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 2/4/2023 by MarketBeat.com Staff