NASDAQ:TCMD Tactile Systems Technology (TCMD) Stock Price, News & Analysis $19.54 +0.61 (+3.22%) (As of 11/29/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Tactile Systems Technology Stock (NASDAQ:TCMD) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get TCMD alerts:Sign Up Key Stats Today's Range$18.92▼$19.7550-Day Range$13.43▼$19.5452-Week Range$11.12▼$21.10Volume403,722 shsAverage Volume419,143 shsMarket Capitalization$468.96 millionP/E Ratio30.06Dividend YieldN/APrice Target$23.00Consensus RatingModerate Buy Company OverviewTactile 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… Urgent Briefing: Why Wyoming is vital for a 2025 AI portfolio (Ad)We have a truly special way for you to gain access to all this information. For one day only … this Black Friday (Cyber Monday) … we are offering an opportunity to score access to this wealth of information … for just $19.You read that correctly — just $19. This offer is limited to Black Friday (Cyber Monday) ONLY Tactile Systems Technology Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks71st Percentile Overall ScoreTCMD MarketRank™: Tactile Systems Technology scored higher than 71% of companies evaluated by MarketBeat, and ranked 365th out of 964 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingTactile Systems Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageTactile Systems Technology has only been the subject of 3 research reports in the past 90 days.Read more about Tactile Systems Technology's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth19.44% Earnings GrowthEarnings for Tactile Systems Technology are expected to grow by 19.44% in the coming year, from $0.72 to $0.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tactile Systems Technology is 30.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Tactile Systems Technology is 30.06, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 110.56.Price to Book Value per Share RatioTactile Systems Technology has a P/B Ratio of 2.26. 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. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted4.08% 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 decreased by 22.35%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldTactile Systems Technology does not currently pay a dividend.Dividend GrowthTactile Systems Technology does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted4.08% 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 decreased by 22.35%, indicating that investor sentiment is improving significantly. News and Social Media2.6 / 5News Sentiment0.68 News SentimentTactile Systems Technology has a news sentiment score of 0.68. 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 lower news sentiment than the 0.86 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Tactile Systems Technology this week, compared to 3 articles on an average week.Search Interest18 people have searched for TCMD on MarketBeat in the last 30 days. This is an increase of 260% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Tactile Systems Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Tactile Systems Technology insiders have not sold or bought any 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. 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 TCMD Stock News HeadlinesTactile Systems Technology (NASDAQ:TCMD) Sets New 52-Week High - Still a Buy?November 28 at 3:25 AM | americanbankingnews.comTactile Systems Technology (NASDAQ:TCMD) Cut to Buy at StockNews.comNovember 28 at 1:59 AM | americanbankingnews.comUrgent Briefing: Why Wyoming is vital for a 2025 AI portfolioWe have a truly special way for you to gain access to all this information. For one day only … this Black Friday (Cyber Monday) … we are offering an opportunity to score access to this wealth of information … for just $19.December 1, 2024 | Weiss Ratings (Ad)Reviewing Tactile Systems Technology (NASDAQ:TCMD) and Alphatec (NASDAQ:ATEC)November 23, 2024 | americanbankingnews.comTactile Systems and Ares have been highlighted as Zacks Bull and Bear of the DayNovember 19, 2024 | finance.yahoo.comTactile Medical to Present at the Piper Sandler 36th Annual Healthcare ConferenceNovember 19, 2024 | globenewswire.comWe Think You Can Look Beyond Tactile Systems Technology's (NASDAQ:TCMD) Lackluster EarningsNovember 13, 2024 | finance.yahoo.comTactile Systems Technology Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagNovember 7, 2024 | finance.yahoo.comSee More Headlines TCMD Stock Analysis - Frequently Asked Questions How have TCMD shares performed this year? Tactile Systems Technology's stock was trading at $14.30 at the beginning of the year. Since then, TCMD stock has increased by 36.6% and is now trading at $19.54. View the best growth stocks for 2024 here. How were Tactile Systems Technology's earnings last quarter? Tactile Systems Technology, Inc. (NASDAQ:TCMD) released its quarterly earnings data on Tuesday, February, 20th. The company reported $0.38 EPS 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 net margin of 5.42% and a trailing twelve-month return on equity of 9.24%. 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 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 top institutional shareholders include Wasatch Advisors LP (3.03%), Royce & Associates LP (2.58%), Geode Capital Management LLC (2.33%) and State Street Corp (2.25%). Insiders that own company stock include Daniel L Reuvers, Kristie Burns, Elaine M Birkemeyer, Brent Moen 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. What other stocks do shareholders of Tactile Systems Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that Tactile Systems Technology investors own include Chevron (CVX), American Water Works (AWK), Humana (HUM), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR) and Bristol-Myers Squibb (BMY). Company Calendar Last Earnings2/20/2024Today11/30/2024Fiscal Year End12/31/2024Next Earnings (Estimated)2/18/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryMedical Equipment Current SymbolNASDAQ:TCMD CUSIPN/A CIK1027838 Webwww.tactilemedical.com Phone(612) 355-5100Fax866-435-3949Employees980Year FoundedN/APrice Target and Rating Average Stock Price Target$23.00 High Stock Price Target$23.00 Low Stock Price Target$23.00 Potential Upside/Downside+17.7%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.65 Trailing P/E Ratio30.06 Forward P/E Ratio27.14 P/E GrowthN/ANet Income$28.51 million Net Margins5.42% Pretax Margin7.81% Return on Equity9.24% Return on Assets6.56% Debt Debt-to-Equity Ratio0.12 Current Ratio4.37 Quick Ratio3.80 Sales & Book Value Annual Sales$285.05 million Price / Sales1.64 Cash Flow$1.58 per share Price / Cash Flow12.34 Book Value$8.66 per share Price / Book2.26Miscellaneous Outstanding Shares23,997,000Free Float23,767,000Market Cap$468.90 million OptionableOptionable Beta1.17 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? 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