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NASDAQ:TCMD - Tactile Systems Technology Stock Price, Forecast & News

$57.11
-1.16 (-1.99 %)
(As of 01/26/2020 04:00 PM ET)
Today's Range
$55.36
Now: $57.11
$58.19
50-Day Range
$57.11
MA: $66.05
$70.99
52-Week Range
$40.62
Now: $57.11
$76.63
Volume269,399 shs
Average Volume196,918 shs
Market Capitalization$1.09 billion
P/E Ratio124.15
Dividend YieldN/A
Beta2.17
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. Read More…

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$143.75 million
Cash Flow$0.54 per share
Book Value$4.83 per share

Profitability

Net Income$6.62 million

Miscellaneous

Employees499
Market Cap$1.09 billion
Next Earnings Date2/27/2020 (Estimated)
OptionableOptionable

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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, November, 4th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. The business earned $49.60 million during the quarter, compared to analysts' expectations of $45.47 million. Tactile Systems Technology had a return on equity of 9.41% and a net margin of 5.06%. The firm's revenue for the quarter was up 36.6% compared to the same quarter last year. During the same period in the previous 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 Thursday, February 27th 2020. View Earnings Estimates for Tactile Systems Technology.

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

Tactile Systems Technology issued an update on its FY 2019 Pre-Market earnings guidance on Monday, January, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $188.4-188.8 million, compared to the consensus revenue estimate of $187.21 million.

What price target have analysts set for TCMD?

7 equities research analysts have issued 12-month target prices for Tactile Systems Technology's stock. Their forecasts range from $50.00 to $100.00. On average, they expect Tactile Systems Technology's share price to reach $75.33 in the next year. This suggests a possible upside of 31.9% from the stock's current price. View Analyst Price Targets for Tactile Systems Technology.

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tactile Systems Technology.

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. " (1/15/2020)
  • 2. Northland Securities analysts commented, "We confess, as much as our we would like to opine on the details of the allegations, we simply state what has been alleged. We also present the commentary presented to us by Tactile Medical. Suffice it to say, there will be a tug of war for some time moving forward." (3/22/2019)

Has Tactile Systems Technology been receiving favorable news coverage?

News headlines about TCMD stock have trended extremely negative on Sunday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tactile Systems Technology earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for 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), Endologix (ELGX), Chipotle Mexican Grill (CMG), Stag Industrial (STAG), BJ's Restaurants (BJRI) and NanoString Technologies (NSTG).

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 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 (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.

Who are Tactile Systems Technology's major shareholders?

Tactile Systems Technology's stock is owned by a number of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (2.19%), Calamos Advisors LLC (0.32%), New York State Teachers Retirement System (0.12%), State of Alaska Department of Revenue (0.08%), Accredited Investors Inc. (0.04%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Tactile Systems Technology stock include Brent Moen, Bryan Rishe, Gerald R Mattys, Jordan Davis, 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 Peregrine Capital Management LLC, Calamos Advisors LLC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. Company insiders that have sold Tactile Systems Technology company stock in the last year include Bryan Rishe, Gerald R Mattys, Kevin H Roche, Richard Nigon, 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 purchased by a variety of institutional investors in the last quarter, including Accredited Investors Inc., Allen Capital Group LLC, Miles Capital Inc., Exchange Traded Concepts LLC and New York State Teachers Retirement System. 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, 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 $57.11.

How big of a company is Tactile Systems Technology?

Tactile Systems Technology has a market capitalization of $1.09 billion and generates $143.75 million in revenue each year. The company earns $6.62 million in net income (profit) each year or $0.34 on an earnings per share basis. Tactile Systems Technology employs 499 workers across the globe.View Additional Information About Tactile Systems Technology.

What is Tactile Systems Technology's official website?

The official website for Tactile Systems Technology is http://www.tactilemedical.com/.

How can I contact Tactile Systems Technology?

Tactile Systems Technology's mailing address is 3701 Wayzata Blvd Suite 300, MINNEAPOLIS MN, 55416. 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:  2.8 out of 5 (star star)
Outperform Votes:  309 (Vote Outperform)
Underperform Votes:  235 (Vote Underperform)
Total Votes:  544
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 1/26/2020 by MarketBeat.com Staff

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