NASDAQ:TCMD Tactile Systems Technology (TCMD) Stock Price, News & Analysis → U.S. Drone Company Receives DoD Certification (From The Tomorrow Investor) (Ad) Free TCMD Stock Alerts $12.78 -0.14 (-1.08%) (As of 11:51 AM ET) Add Compare Share Share Today's Range$12.70▼$13.0650-Day Range$12.84▼$16.7552-Week Range$9.69▼$26.11Volume47,072 shsAverage Volume276,414 shsMarket Capitalization$303.65 millionP/E Ratio10.65Dividend YieldN/APrice Target$30.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Tactile Systems Technology alerts: Email Address Tactile Systems Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside136.2% Upside$30.00 Price TargetShort InterestBearish5.64% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.66Based on 5 Articles This WeekInsider TradingSelling Shares$357,283 Sold Last QuarterProj. Earnings Growth39.66%From $0.58 to $0.81 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.52 out of 5 starsMedical Sector271st out of 920 stocksSurgical & Medical Instruments Industry38th out of 99 stocks 3.5 Analyst's Opinion Consensus RatingTactile Systems Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageTactile Systems Technology has received no research coverage in the past 90 days.Read more about Tactile Systems Technology's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.64% of the outstanding shares of Tactile Systems Technology have been sold short.Short Interest Ratio / Days to CoverTactile Systems Technology has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Tactile Systems Technology has recently increased by 18.58%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldTactile Systems Technology does not currently pay a dividend.Dividend GrowthTactile Systems Technology does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TCMD. Previous Next 2.6 News and Social Media Coverage News SentimentTactile Systems Technology has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Tactile Systems Technology this week, compared to 2 articles on an average week.Search InterestOnly 8 people have searched for TCMD on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Tactile Systems Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tactile Systems Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $357,283.00 in company stock.Percentage Held by InsidersOnly 0.96% of the stock of Tactile Systems Technology is held by insiders.Percentage Held by Institutions83.43% of the stock of Tactile Systems Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Tactile Systems Technology's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Tactile Systems Technology are expected to grow by 39.66% in the coming year, from $0.58 to $0.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tactile Systems Technology is 10.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Tactile Systems Technology is 10.58, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 123.79.Price to Book Value per Share RatioTactile Systems Technology has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Tactile Systems Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Tomorrow InvestorU.S. Drone Company Receives DoD CertificationThe Department of Defense just granted a major advantage to a small UAV provider. Since 1998, this Nasdaq-listed company has been supplying drones for civilian, enterprise, and military purposes.Click here to see how to invest About Tactile Systems Technology Stock (NASDAQ:TCMD)Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States. It offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema in the home setting; and Entre Plus System, a portable pneumatic compression device for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers. The company also provides Kylee, a mobile application to help patients learn about lymphedema, track their symptoms, and treatment, as well as to share their progress with their doctor; and AffloVest, a portable high frequency chest wall oscillation vest to treat patients with retained pulmonary secretions resulting from bronchiectasis, cystic fibrosis, and various neuromuscular disorders. Tactile Systems Technology, Inc. was incorporated in 1995 and is headquartered in Minneapolis, Minnesota.Read More TCMD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TCMD Stock News HeadlinesMay 21 at 5:08 AM | insidertrades.comInsider Selling: Tactile Systems Technology, Inc. (NASDAQ:TCMD) CFO Sells 3,041 Shares of StockMay 11, 2024 | insidertrades.comTactile Systems Technology, Inc. (NASDAQ:TCMD) Director William W. Burke Sells 2,500 SharesMay 9, 2024 | insidertrades.comTactile Systems Technology, Inc. (NASDAQ:TCMD) VP Sells 815 SharesMay 21 at 4:05 PM | globenewswire.comTactile Medical to Present at the William Blair 44th Annual Growth Stock ConferenceMay 21 at 5:08 AM | americanbankingnews.comTactile Systems Technology, Inc. (NASDAQ:TCMD) CFO Elaine M. Birkemeyer Sells 3,041 Shares of StockMay 15, 2024 | americanbankingnews.comTactile Systems Technology (NASDAQ:TCMD) Downgraded by StockNews.comMay 13, 2024 | americanbankingnews.comTactile Systems Technology, Inc. (NASDAQ:TCMD) Director Sells $35,150.00 in StockMay 13, 2024 | americanbankingnews.comTactile Systems Technology, Inc. (NASDAQ:TCMD) Short Interest UpdateMay 8, 2024 | finance.yahoo.comTactile Systems Technology First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 7, 2024 | finance.yahoo.comTactile Systems Technology, Inc. (NASDAQ:TCMD) Q1 2024 Earnings Call TranscriptMay 7, 2024 | finance.yahoo.comTactile Systems Technology Inc (TCMD) Q1 2024 Earnings Call Transcript Highlights: Navigating ...May 7, 2024 | finance.yahoo.comQ1 2024 Tactile Systems Technology Inc Earnings CallMay 6, 2024 | uk.finance.yahoo.comTactile Systems Technology Inc (TCMD) Q1 2024 Earnings: Narrower Operating Loss and Revenue GrowthMay 6, 2024 | globenewswire.comTactile Systems Technology, Inc. Reports First Quarter 2024 Financial ResultsApril 27, 2024 | finance.yahoo.comShould Weakness in Tactile Systems Technology, Inc.'s (NASDAQ:TCMD) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?April 24, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Quest Diagnostics (DGX), Tactile Systems Technology (TCMD) and Danaher (DHR)April 23, 2024 | globenewswire.comTactile Medical Announces CEO Transition and Preliminary First Quarter 2024 RevenueApril 18, 2024 | finance.yahoo.comTactile Systems Technology (TCMD) Stock Moves -0.14%: What You Should KnowApril 17, 2024 | msn.comHere is What to Know Beyond Why Tactile Systems Technology, Inc. (TCMD) is a Trending StockApril 15, 2024 | globenewswire.comTactile Medical to Release First Quarter of Fiscal Year 2024 Financial Results on May 6, 2024April 12, 2024 | investorplace.comNew AI Bot Predicts These 7 Stocks Will Mint MillionairesApril 10, 2024 | finance.yahoo.comTactile Systems Technology (NASDAQ:TCMD) Is Doing The Right Things To Multiply Its Share PriceMarch 27, 2024 | uk.investing.comTactile Systems Technology Inc (TCMD)March 17, 2024 | finance.yahoo.comTCMD Apr 2024 30.000 callMarch 16, 2024 | finance.yahoo.comTCMD Jul 2024 17.500 putSee More Headlines Receive TCMD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tactile Systems Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/20/2024Today5/23/2024Next Earnings (Estimated)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryN/A Current SymbolNASDAQ:TCMD CUSIPN/A CIK1027838 Webwww.tactilemedical.com Phone(612) 355-5100Fax866-435-3949Employees992Year FoundedN/APrice Target and Rating Average Stock Price Target$30.00 High Stock Price Target$30.00 Low Stock Price Target$30.00 Potential Upside/Downside+132.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.20 Trailing P/E Ratio10.77 Forward P/E Ratio22.28 P/E GrowthN/ANet Income$28.51 million Net Margins10.19% Pretax Margin6.42% Return on Equity15.88% Return on Assets10.33% Debt Debt-to-Equity Ratio0.13 Current Ratio4.26 Quick Ratio3.63 Sales & Book Value Annual Sales$274.42 million Price / Sales1.12 Cash Flow$1.54 per share Price / Cash Flow8.37 Book Value$8.14 per share Price / Book1.59Miscellaneous Outstanding Shares23,760,000Free Float23,534,000Market Cap$306.98 million OptionableOptionable Beta1.23 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Daniel L. Reuvers (Age 61)President, CEO & Director Comp: $1.22MMs. Kristie T. Burns (Age 52)Senior Vice President of Marketing & Clinical Affairs Comp: $538.82kMs. Elaine M. BirkemeyerChief Financial OfficerMr. Jerry A. SauberSenior Vice President of Manufacturing, Operations, R&DMr. John David KaercherChief Information OfficerMs. Sunday J. Hoy Esq.VP & Compliance OfficerMs. Sherri FerstlerSenior Vice President of SalesJanelle M. StropChief Human Resource OfficerDr. Antonios P. Gasparis F.A.C.S.M.D., Chief Medical Officer & Member of Vascular Strategic Advisory BoardRachel L. GustadSenior Vice President of Commercial OperationsMore ExecutivesKey CompetitorsTreace Medical ConceptsNASDAQ:TMCIInovio PharmaceuticalsNASDAQ:INOBeauty HealthNASDAQ:SKINSight SciencesNASDAQ:SGHTPulmonxNASDAQ:LUNGView All CompetitorsInsiders & InstitutionsTidal Investments LLCBought 11,640 shares on 5/17/2024Ownership: 0.049%Kennedy Capital Management LLCSold 44,470 shares on 5/16/2024Ownership: 1.956%Elaine M BirkemeyerSold 3,041 sharesTotal: $41,600.88 ($13.68/share)Janus Henderson Group PLCBought 50,167 shares on 5/16/2024Ownership: 0.211%California State Teachers Retirement SystemSold 1,464 shares on 5/16/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions TCMD Stock Analysis - Frequently Asked Questions Should I buy or sell Tactile Systems Technology stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 target for 2024? 1 Wall Street analysts have issued 12 month price targets for Tactile Systems Technology's stock. Their TCMD share price targets range from $30.00 to $30.00. On average, they predict the company's stock price to reach $30.00 in the next year. This suggests a possible upside of 136.2% 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 2024? Tactile Systems Technology's stock was trading at $14.30 on January 1st, 2024. Since then, TCMD stock has decreased by 11.2% and is now trading at $12.70. View the best growth stocks for 2024 here. When is Tactile Systems Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024. View our TCMD earnings forecast. How were Tactile Systems Technology's earnings last quarter? Tactile Systems Technology, Inc. (NASDAQ:TCMD) posted its earnings results on Tuesday, February, 20th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.25. The company earned $77.65 million during the quarter, compared to analyst estimates of $78.85 million. Tactile Systems Technology had a trailing twelve-month return on equity of 15.88% and a net margin of 10.19%. During the same period last year, the firm posted $0.29 earnings per share. What guidance has Tactile Systems Technology issued on next quarter's earnings? Tactile Systems Technology updated its FY 2024 earnings guidance on Monday, May, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $300.0 million-$305.0 million, compared to the consensus revenue estimate of $302.9 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), Xtrackers California Municipal Bond ETF (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? Tactile Systems Technology (TCMD) raised $40 million in an 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 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 variety of institutional and retail investors. Top institutional investors include First Light Asset Management LLC (11.12%), Vanguard Group Inc. (5.82%), Wasatch Advisors LP (2.25%), Kennedy Capital Management LLC (1.96%), Blair William & Co. IL (1.30%) and Rice Hall James & Associates LLC (0.75%). Insiders that own company stock include Brent Moen, Daniel L Reuvers, Elaine M Birkemeyer, Kristie Burns 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:TCMD) was last updated on 5/23/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…StocksToTradeU.S. Drone Company Receives DoD CertificationThe Tomorrow InvestorTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaTruth about Trump you’ve never heardPorter & CompanyDividend-like income from non-dividend stocksUnstoppable ProsperityThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarAlex’s “Next Magnificent Seven” stocksThe Oxford ClubWhat is Nvidia’s New $1 Trillion Superproject?Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Tactile Systems Technology, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.