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NASDAQ:TCMD

Tactile Systems Technology Stock Forecast, Price & News

$21.21
+0.25 (+1.19%)
(As of 12/8/2021 12:00 AM ET)
Add
Compare
Today's Range
$20.79
$21.99
50-Day Range
$19.00
$45.93
52-Week Range
$18.59
$64.53
Volume
325,820 shs
Average Volume
167,591 shs
Market Capitalization
$420.45 million
P/E Ratio
54.38
Dividend Yield
N/A
Beta
1.54
30 days | 90 days | 365 days | Advanced Chart
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Tactile Systems Technology logo

About Tactile Systems Technology

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 company 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. It possesses a platform to deliver at-home healthcare solutions throughout the United States. Tactile Systems Technology was founded on January 30, 1995 and is headquartered in Minneapolis, MN.

Headlines

Don't Squander Your Income on These 3 Toxic Stocks
November 23, 2021 |  finance.yahoo.com
Tactile Systems Tech Earnings Preview
November 5, 2021 |  benzinga.com
See More Headlines

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:TCMD
Employees
707
Year Founded
N/A

Sales & Book Value

Annual Sales
$187.13 million
Cash Flow
$0.69 per share
Book Value
$6.66 per share

Profitability

Net Income
$-620 thousand
Pretax Margin
1.21%

Debt

Price-To-Earnings

Miscellaneous

Free Float
19,163,000
Market Cap
$420.45 million
Optionable
Optionable

Company Calendar

Last Earnings
11/08/2021
Today
12/08/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/22/2022

MarketRank

Overall MarketRank

2.09 out of 5 stars

Medical Sector

521st out of 1,394 stocks

Surgical & Medical Instruments Industry

52nd out of 126 stocks

Analyst Opinion: 3.5Community Rank: 4.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












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 3 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.

How has Tactile Systems Technology's stock price been impacted by Coronavirus?

Tactile Systems Technology's stock was trading at $42.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TCMD stock has decreased by 50.2% and is now trading at $21.21.
View which stocks have been most impacted by COVID-19
.

When is Tactile Systems Technology's next earnings date?

Tactile Systems Technology is scheduled to release its next quarterly earnings announcement on Tuesday, February 22nd 2022.
View our earnings forecast for Tactile Systems Technology
.

How were Tactile Systems Technology's earnings last quarter?

Tactile Systems Technology, Inc. (NASDAQ:TCMD) released its earnings results on Monday, November, 8th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.20. Tactile Systems Technology had a trailing twelve-month return on equity of 6.32% and a net margin of 3.79%. During the same quarter in the previous year, the company earned $0.12 EPS.
View Tactile Systems Technology's earnings history
.

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

Tactile Systems Technology updated its FY 2021 earnings guidance on Monday, December, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $203.50 million-$206 million, compared to the consensus revenue estimate of $222.17 million.

What price target have analysts set for TCMD?

3 Wall Street analysts have issued 12-month target prices for Tactile Systems Technology's shares. Their forecasts range from $45.00 to $70.00. On average, they anticipate Tactile Systems Technology's share price to reach $53.33 in the next year. This suggests a possible upside of 151.5% 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:
  • Daniel L. Reuvers, President, Chief Executive Officer & Director (LinkedIn Profile)
  • Mark W. Aldrid, Vice President-Operations
  • Brent A. Moen, Chief Financial Officer
  • Thomas F. O’Donnell, Chief Medical Officer
  • Peter C. Schaubach, Chief Information Officer

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.

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 $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 retail and institutional investors. Top institutional investors include BlackRock Inc. (17.61%), Geneva Capital Management LLC (7.22%), Macquarie Group Ltd. (6.67%), Morgan Stanley (3.32%), Geode Capital Management LLC (1.67%) and Thrivent Financial for Lutherans (1.56%). Company insiders that own Tactile Systems Technology stock include Brent Moen, Bryan Rishe, Daniel L Reuvers, Gerald R Mattys, Robert J Folkes, William W Burke 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 Wasatch Advisors Inc., Peregrine Capital Management LLC, Geneva Capital Management LLC, Dimensional Fund Advisors LP, Thrivent Financial for Lutherans, Russell Investments Group Ltd., Millennium Management LLC, and Citigroup Inc.. Company insiders that have sold Tactile Systems Technology company stock in the last year include Brent Moen, Bryan Rishe, Daniel L Reuvers, 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 Macquarie Group Ltd., Morgan Stanley, Balyasny Asset Management LLC, Balyasny Asset Management LLC, BlackRock Inc., Fort Washington Investment Advisors Inc. OH, SG Americas Securities LLC, and Exchange Traded Concepts LLC.
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 $21.21.

How much money does Tactile Systems Technology make?

Tactile Systems Technology has a market capitalization of $420.45 million and generates $187.13 million in revenue each year. The company earns $-620 thousand in net income (profit) each year or $0.39 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, via email at [email protected], or via fax at 866-435-3949.


This page was last updated on 12/8/2021 by MarketBeat.com Staff

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