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

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$53.07 -0.43 (-0.80 %)
(As of 07/16/2018 07:29 AM ET)
Previous Close$53.50
Today's Range$52.50 - $53.92
52-Week Range$22.72 - $57.60
Volume120,313 shs
Average Volume247,517 shs
Market Capitalization$959.19 million
P/E Ratio252.71
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 Ratio252.71
Forward P/E Ratio147.42
P/E Growth7.37

Sales & Book Value

Annual Sales$109.28 million
Price / Sales8.78
Cash Flow$0.3281 per share
Price / Cash161.77
Book Value$4.11 per share
Price / Book12.91

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$959.19

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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) issued its quarterly earnings results on Monday, May, 7th. The company reported $0.00 EPS for the quarter, topping the 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 net margin of 6.29% and a return on equity of 7.86%. The firm's revenue was up 35.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.09) EPS. 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 brokers have issued 12 month target prices for Tactile Systems Technology's shares. Their forecasts range from $31.50 to $60.00. On average, they expect Tactile Systems Technology's stock price to reach $47.8750 in the next twelve months. This suggests that the stock has a possible downside of 9.8%. 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 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.

Has Tactile Systems Technology been receiving favorable news coverage?

Media coverage about TCMD stock has trended positive on Monday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tactile Systems Technology earned a media sentiment score of 0.29 on Accern's scale. They also gave news articles about the company an impact score of 46.66 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are Tactile Systems Technology's major shareholders?

Tactile Systems Technology's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BLACKROCK INC. (10.00%), Peregrine Capital Management LLC (3.67%) 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 major 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 major investors are buying Tactile Systems Technology stock?

TCMD stock was bought by a variety of institutional investors in the last quarter, including 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 $53.07.

How big of a company is Tactile Systems Technology?

Tactile Systems Technology has a market capitalization of $959.19 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:  160 (Vote Outperform)
Underperform Votes:  110 (Vote Underperform)
Total Votes:  270
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 7/16/2018 by MarketBeat.com Staff

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