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NASDAQ:TCMDTactile Systems Technology Stock Price, Forecast & News

$37.05
-1.05 (-2.76 %)
(As of 08/13/2020 04:00 PM ET)
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Today's Range
$36.83
Now: $37.05
$38.64
50-Day Range
$35.52
MA: $38.88
$43.28
52-Week Range
$29.47
Now: $37.05
$71.65
Volume113,000 shs
Average Volume226,236 shs
Market Capitalization$719.25 million
P/E RatioN/A
Dividend YieldN/A
Beta1.88
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.57 out of 5 stars


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$189.49 million
Cash Flow$0.74 per share
Book Value$5.92 per share

Profitability

Net Income$10.97 million

Miscellaneous

Employees499
Market Cap$719.25 million
Next Earnings Date11/2/2020 (Estimated)
OptionableOptionable
$37.05
-1.05 (-2.76 %)
(As of 08/13/2020 04:00 PM 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 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 stock has decreased by 13.0% and is now trading at $37.05.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Tactile Systems Technology?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Tactile Systems Technology
.

When is Tactile Systems Technology's next earnings date?

Tactile Systems Technology is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Tactile Systems Technology
.

How were Tactile Systems Technology's earnings last quarter?

Tactile Systems Technology Inc (NASDAQ:TCMD) issued its quarterly earnings results on Monday, May, 4th. The company reported ($0.07) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.05. The company had revenue of $43.68 million for the quarter, compared to analysts' expectations of $43.65 million. Tactile Systems Technology had a negative net margin of 4.55% and a positive return on equity of 1.39%.
View Tactile Systems Technology's earnings history
.

What price target have analysts set for TCMD?

5 Wall Street analysts have issued 12-month target prices for Tactile Systems Technology's stock. Their forecasts range from $62.00 to $70.00. On average, they anticipate Tactile Systems Technology's share price to reach $66.25 in the next twelve months. This suggests a possible upside of 78.8% from the stock's current price.
View analysts' price targets for Tactile Systems Technology
.

Has Tactile Systems Technology been receiving favorable news coverage?

News coverage about TCMD stock has trended positive on Friday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tactile Systems Technology earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future.
View the latest news about Tactile Systems Technology
.

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), InterDigital Wireless (IDCC), Bank of Hawaii (BOH), Chipotle Mexican Grill (CMG), Endologix (ELGX), Stag Industrial (STAG), Micron Technology (MU) and Exxon Mobil (XOM).

Who are Tactile Systems Technology's key executives?

Tactile Systems Technology's management team includes the following 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 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 a variety of institutional and retail investors. Top institutional shareholders include Thrivent Financial for Lutherans (4.15%), Peregrine Capital Management LLC (1.60%), Bank of New York Mellon Corp (1.26%), Fort Washington Investment Advisors Inc. OH (1.12%), Blair William & Co. IL (1.10%) and Russell Investments Group Ltd. (0.79%). Company insiders that own Tactile Systems Technology stock include Brent Moen, Bryan Rishe, Gerald R Mattys, Kevin H Roche, Lynn Larson Blake, Maggie Thompson, 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 WINTON GROUP Ltd, First Trust Advisors LP, AWM Investment Company Inc., Prudential Financial Inc., Raymond James Financial Services Advisors Inc., AlphaCrest Capital Management LLC, California Public Employees Retirement System, and State of Tennessee Treasury Department. Company insiders that have sold Tactile Systems Technology company stock in the last year include Brent Moen, Bryan Rishe, Gerald R Mattys, Kevin H Roche, Richard Nigon, and Robert J Folkes.
View insider buying and selling activity for Tactile Systems Technology
.

Which institutional investors are buying Tactile Systems Technology stock?

TCMD stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Marshall Wace LLP, Peregrine Capital Management LLC, Blair William & Co. IL, Fort Washington Investment Advisors Inc. OH, SG Americas Securities LLC, Mutual of America Capital Management LLC, and Assenagon Asset Management S.A..
View insider buying and selling activity 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, 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 $37.05.

How big of a company is Tactile Systems Technology?

Tactile Systems Technology has a market capitalization of $719.25 million 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 499 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 8/14/2020 by MarketBeat.com Staff

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