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Tactile Systems Technology (TCMD)
NASDAQ:TCMD
RESEARCH TOOLSreports
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TCMD Stock Chart & Stats
Day’s Range― - ―
52-Week Range$11.12 - $21.10
Previous CloseN/A
Volume58.88K
Average Volume (3M)225.70K
Market Cap
$417.55M
Enterprise Value$318.77M
Total Cash (Recent Filing)$41.70M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)27.1
Beta1.20
Next Earnings
Feb 25, 2025EPS Estimate
0.32Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.64
Shares Outstanding23,997,090
10 Day Avg. Volume178,012
30 Day Avg. Volume225,699
Standard Deviation0.16
R-Squared0.15
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.46
Price to Cash Flow (P/CF)10.20
P/FCF Ratio11.30
Enterprise Value/Market Cap0.76
Enterprise Value/Revenue1.12
Enterprise Value/Gross Profit1.63
Enterprise Value/Ebitda10.57
Forecast
1Y Price Target
$24.00Price Target Upside37.93% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Tactile Systems Technology News
PremiumCompany Announcements
Tactile Systems Technology Appoints Laura King to Board
PremiumCompany Announcements
Tactile Systems Technology Reports Q3 2024 Results, Launches Share BuybackBulls Say, Bears Say
Bulls Say
Industry LeadershipTCMD is a leader in lymphedema therapy solutions with a patient-focused, clinically proven pneumatic compression therapy portfolio.
Margin ExpansionManagement is focused on margin expansion through technology and workflow enhancements to simplify and accelerate time to revenue for its products.
Market OpportunitiesLymphedema and airway clearance disorders remain highly underdiagnosed, undertreated, and underserved, providing several opportunities for TCMD.
Bears Say
Medicare Business PerformanceMedicare business for TCMD declined significantly, showing a 41.5% year-over-year decrease, which accelerated compared to the previous quarter.
Productivity And Growth ChallengesNagging documentation requirements are hampering productivity gains within the sales force and impacting growth in other payer channels.
Revenue Guidance And ExpectationsFY24 guidance was lowered for the second time this year to $292M - $295M.
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Ownership Overview
2.84% Insiders
22.83% Mutual Funds
0.59% Other Institutional Investors
54.03% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TCMD FAQ
What was Tactile Systems Technology’s price range in the past 12 months?
Tactile Systems Technology lowest stock price was $11.12 and its highest was $21.10 in the past 12 months.
What is Tactile Systems Technology’s market cap?
Tactile Systems Technology’s market cap is $417.55M.
When is Tactile Systems Technology’s upcoming earnings report date?
Tactile Systems Technology’s upcoming earnings report date is Feb 25, 2025 which is in 35 days.
How were Tactile Systems Technology’s earnings last quarter?
Tactile Systems Technology released its earnings results on Nov 04, 2024. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.183 by $0.027.
Is Tactile Systems Technology overvalued?
According to Wall Street analysts Tactile Systems Technology’s price is currently Undervalued.
Does Tactile Systems Technology pay dividends?
Tactile Systems Technology does not currently pay dividends.
What is Tactile Systems Technology’s EPS estimate?
Tactile Systems Technology’s EPS estimate is 0.32.
How many shares outstanding does Tactile Systems Technology have?
Tactile Systems Technology has 23,997,090 shares outstanding.
What happened to Tactile Systems Technology’s price movement after its last earnings report?
Tactile Systems Technology reported an EPS of $0.21 in its last earnings report, beating expectations of $0.183. Following the earnings report the stock price went down -11.118%.
Which hedge fund is a major shareholder of Tactile Systems Technology?
Among the largest hedge funds holding Tactile Systems Technology’s share is Royce & Associates LLC. It holds Tactile Systems Technology’s shares valued at 9M.
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Tactile Systems Technology Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$24.00 (37.93% Upside)
$24.00 (37.93% Upside)
Blogger Sentiment
Bullish
TCMD Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 51.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.6%
Last 30 Days ▲ 14.1%
Last 30 Days ▲ 14.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.65%
12-Months-Change
Fundamentals
Return on Equity
7.91%
Trailing 12-Months
Asset Growth
-1.90%
Trailing 12-Months
Company Description
Tactile Systems Technology
Tactile Systems Technology, Inc. is a medical technology company. It develops and provides innovative medical devices for the treatment of chronic diseases at home. The company focus on advancing the standard of care in treating chronic diseases in the home setting to improve patient outcomes and quality of life and help control rising healthcare expenditures. It possesses a platform to deliver at-home healthcare solutions throughout the United States. Tactile Systems Technology was founded on January 30, 1995 and is headquartered in Minneapolis, MN.
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TCMD Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted several positive developments, including revenue growth, improved gross margins, and strong cash flow, alongside strategic initiatives to mitigate Medicare-related challenges. However, the revenue results missed expectations, leading to a downward revision in full-year revenue guidance. While the implementation of new technologies and policy changes are seen as favorable, the impact of documentation requirements remains a challenge.Read More>---
TCMD Stock 12 Month Forecast
Average Price Target
$24.00
▲(37.93% Upside)
Technical Analysis
Best Analysts Covering TCMD
1 Year
1 Year Success Rate
7/14 ratings generated profit
1 Year Average Return
-1.21%
assigned a buy rating 3 months ago
Copying Adam Maeder's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -1.21% per trade.
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