Tactile Systems Technology (TCMD) Expected to Announce Quarterly Earnings on Monday

Tactile Systems Technology (NASDAQ:TCMD) is projected to announce its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $63.48 million for the quarter. Tactile Systems Technology has set its FY 2025 guidance at EPS.

Tactile Systems Technology (NASDAQ:TCMD) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.09. The business had revenue of $85.59 million during the quarter, compared to the consensus estimate of $85.39 million. Tactile Systems Technology had a net margin of 5.79% and a return on equity of 9.37%. On average, analysts expect Tactile Systems Technology to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tactile Systems Technology Stock Up 1.8 %

Tactile Systems Technology stock opened at $14.08 on Friday. Tactile Systems Technology has a 52 week low of $11.12 and a 52 week high of $21.10. The stock has a market cap of $333.22 million, a price-to-earnings ratio of 20.11 and a beta of 1.21. The company’s 50-day moving average price is $13.67 and its two-hundred day moving average price is $15.70. The company has a current ratio of 4.36, a quick ratio of 3.80 and a debt-to-equity ratio of 0.11.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on TCMD shares. StockNews.com downgraded Tactile Systems Technology from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 29th. B. Riley lowered Tactile Systems Technology from a “buy” rating to a “neutral” rating and cut their price objective for the company from $23.00 to $18.00 in a report on Wednesday, February 19th.

Insider Activity at Tactile Systems Technology

In related news, Director Daniel L. Reuvers sold 10,938 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $14.55, for a total value of $159,147.90. Following the completion of the transaction, the director now owns 242,942 shares of the company’s stock, valued at approximately $3,534,806.10. This trade represents a 4.31 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Elaine M. Birkemeyer sold 3,778 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $14.70, for a total transaction of $55,536.60. Following the sale, the chief financial officer now directly owns 104,098 shares in the company, valued at approximately $1,530,240.60. This trade represents a 3.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 19,546 shares of company stock valued at $285,444 over the last ninety days. Insiders own 2.50% of the company’s stock.

About Tactile Systems Technology

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.