NASDAQ:TCMD Tactile Systems Technology (TCMD) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (Ad) Free TCMD Stock Alerts $14.72 +0.07 (+0.48%) (As of 11:19 AM ET) Add Compare Share Share Today's Range$14.64▼$14.9450-Day Range$13.88▼$16.7552-Week Range$9.69▼$26.11Volume14,479 shsAverage Volume282,576 shsMarket Capitalization$349.75 millionP/E Ratio12.27Dividend 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/Downside101.6% Upside$30.00 Price TargetShort InterestHealthy4.97% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.57Based on 2 Articles This WeekInsider TradingSelling Shares$268,820 Sold Last QuarterProj. Earnings Growth57.14%From $0.56 to $0.88 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.4.30 out of 5 starsMedical Sector123rd out of 910 stocksSurgical & Medical Instruments Industry18th out of 95 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. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.97% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tactile Systems Technology has recently decreased by 19.73%, indicating that investor sentiment is improving 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 2.5 News and Social Media Coverage News SentimentTactile Systems Technology has a news sentiment score of 0.57. 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 0.46 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Tactile Systems Technology this week, compared to 2 articles on an average week.Search Interest17 people have searched for TCMD on MarketBeat in the last 30 days. This is an increase of 1,600% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Tactile Systems Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 $268,820.00 in company stock.Percentage Held by InsidersOnly 1.40% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Tactile Systems Technology are expected to grow by 57.14% in the coming year, from $0.56 to $0.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tactile Systems Technology is 12.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Tactile Systems Technology is 12.40, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 172.83.Price to Book Value per Share RatioTactile Systems Technology has a P/B Ratio of 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaIncredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide 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 HeadlinesApril 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 23, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.April 15, 2024 | globenewswire.comTactile Medical to Release First Quarter of Fiscal Year 2024 Financial Results on May 6, 2024April 15, 2024 | americanbankingnews.comShort Interest in Tactile Systems Technology, Inc. (NASDAQ:TCMD) Decreases By 19.7%April 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)April 23, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.March 17, 2024 | finance.yahoo.comTCMD Apr 2024 30.000 callMarch 16, 2024 | finance.yahoo.comTCMD Jul 2024 17.500 putFebruary 21, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Healthcare Stocks: Bicycle Therapeutics (BCYC), Tactile Systems Technology (TCMD)February 21, 2024 | finance.yahoo.comTactile Systems Technology Full Year 2023 Earnings: EPS Beats ExpectationsFebruary 21, 2024 | finance.yahoo.comTactile Systems Technology, Inc. (NASDAQ:TCMD) Q4 2023 Earnings Call TranscriptFebruary 21, 2024 | finance.yahoo.comQ4 2023 Tactile Systems Technology Inc Earnings CallFebruary 20, 2024 | fool.comWhy Tactile Systems Technology Stock Dropped TodayFebruary 20, 2024 | fool.comWhy Tactile Systems Technology Stock Dropped TodayFebruary 20, 2024 | finance.yahoo.comTactile Systems Technology (TCMD) Beats Q4 Earnings EstimatesFebruary 20, 2024 | msn.comTactile Systems Technology GAAP EPS of $0.35 beats by $0.16, revenue of $77.7M misses by $0.65MFebruary 20, 2024 | finance.yahoo.comTactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results; Introduces Full Year 2024 OutlookFebruary 20, 2024 | finance.yahoo.comTactile Systems Technology Inc (TCMD) Reports Strong Year-Over-Year Growth in 2023February 20, 2024 | globenewswire.comTactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results; Introduces Full Year 2024 OutlookFebruary 19, 2024 | sg.finance.yahoo.comIs Leifheit Aktiengesellschaft's (ETR:LEI) Stock On A Downtrend As A Result Of Its Poor Financials?February 19, 2024 | sg.news.yahoo.comIndia's Paytm shares jump 5% after central bank extends unit wind-down dateFebruary 19, 2024 | sg.finance.yahoo.comSantander announces new share buyback programme of 1.46 billion eurosFebruary 19, 2024 | benzinga.comTactile Systems Tech's Earnings OutlookFebruary 18, 2024 | sg.news.yahoo.comIndian shares set to open higherSee 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 Earnings2/20/2024Today4/23/2024Next Earnings (Confirmed)5/06/2024Fiscal 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+101.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.20 Trailing P/E Ratio12.40 Forward P/E Ratio26.57 P/E GrowthN/ANet Income$28.51 million Net Margins10.39% Pretax Margin5.75% Return on Equity17.08% Return on Assets10.50% Debt Debt-to-Equity Ratio0.14 Current Ratio3.54 Quick Ratio2.99 Sales & Book Value Annual Sales$274.42 million Price / Sales1.29 Cash Flow$1.59 per share Price / Cash Flow9.38 Book Value$8.24 per share Price / Book1.81Miscellaneous Outstanding Shares23,760,000Free Float23,426,000Market Cap$353.55 million OptionableOptionable Beta1.19 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part 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 CompetitorsCVRxNASDAQ:CVRXFractyl HealthNASDAQ:GUTSLyra TherapeuticsNASDAQ:LYRABioventusNYSE:BVSNeuroPaceNASDAQ:NPCEView All CompetitorsInsiders & InstitutionsWasatch Advisors LPBought 534,565 shares on 4/18/2024Ownership: 2.250%Allspring Global Investments Holdings LLCSold 6,257 shares on 4/18/2024Ownership: 0.110%Daniel L ReuversSold 1,396 sharesTotal: $21,289.00 ($15.25/share)Kristie BurnsSold 243 sharesTotal: $3,705.75 ($15.25/share)Daniel L ReuversSold 6,239 sharesTotal: $98,638.59 ($15.81/share)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 research analysts have issued "buy," "hold," and "sell" ratings for Tactile Systems Technology in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research 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 brokerages have issued 12 month target prices for Tactile Systems Technology's stock. Their TCMD share price targets range from $30.00 to $30.00. On average, they expect the company's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 101.6% 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 at the start of the year. Since then, TCMD stock has increased by 4.1% and is now trading at $14.88. View the best growth stocks for 2024 here. Are investors shorting Tactile Systems Technology? Tactile Systems Technology saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,180,000 shares, a decrease of 19.7% from the March 15th total of 1,470,000 shares. Based on an average trading volume of 300,700 shares, the short-interest ratio is currently 3.9 days. View Tactile Systems Technology's Short Interest. When is Tactile Systems Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our TCMD earnings forecast. How can I listen to Tactile Systems Technology's earnings call? Tactile Systems Technology will be holding an earnings conference call on Monday, May 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745955". How were Tactile Systems Technology's earnings last quarter? Tactile Systems Technology, Inc. (NASDAQ:TCMD) released its quarterly earnings results on Tuesday, February, 20th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.25. The company earned $77.65 million during the quarter, compared to analysts' expectations of $78.85 million. Tactile Systems Technology had a trailing twelve-month return on equity of 17.08% and a net margin of 10.39%. During the same quarter in the previous year, the firm earned $0.29 EPS. What guidance has Tactile Systems Technology issued on next quarter's earnings? Tactile Systems Technology updated its FY 2024 earnings guidance on Tuesday, February, 20th. 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 $309.2 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 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. Who are Tactile Systems Technology's major shareholders? Tactile Systems Technology's stock is owned by a number of institutional and retail investors. Top institutional investors include Wasatch Advisors LP (2.25%) and Allspring Global Investments Holdings LLC (0.11%). Insiders that own company stock include Brent Moen, Daniel L Reuvers, 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. 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