What is B. Riley's Forecast for TCMD Q1 Earnings?

Tactile Systems Technology, Inc. (NASDAQ:TCMD - Free Report) - B. Riley dropped their Q1 2025 earnings estimates for Tactile Systems Technology in a report released on Wednesday, February 19th. B. Riley analyst K. Bauser now expects that the company will earn ($0.09) per share for the quarter, down from their previous estimate of ($0.08). B. Riley currently has a "Neutral" rating and a $18.00 target price on the stock. The consensus estimate for Tactile Systems Technology's current full-year earnings is $0.70 per share. B. Riley also issued estimates for Tactile Systems Technology's Q2 2025 earnings at $0.22 EPS, Q3 2025 earnings at $0.19 EPS, FY2025 earnings at $0.75 EPS and FY2026 earnings at $0.81 EPS.

Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.31 by $0.09. The firm 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%.

Several other brokerages have also recently issued reports on TCMD. Oppenheimer cut shares of Tactile Systems Technology from an "outperform" rating to a "market perform" rating in a research report on Tuesday, November 5th. BTIG Research cut shares of Tactile Systems Technology from a "buy" rating to a "neutral" rating in a report on Tuesday, November 5th. Finally, StockNews.com cut shares of Tactile Systems Technology from a "strong-buy" rating to a "buy" rating in a report on Thursday, January 16th.

Tactile Systems Technology Trading Down 2.1 %

Shares of NASDAQ TCMD traded down $0.33 during midday trading on Friday, hitting $15.05. 578,279 shares of the company traded hands, compared to its average volume of 330,612. Tactile Systems Technology has a 12-month low of $11.12 and a 12-month high of $21.10. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.80 and a current ratio of 4.36. The stock has a 50-day moving average price of $17.26 and a 200 day moving average price of $15.69. The firm has a market cap of $354.88 million, a P/E ratio of 21.50 and a beta of 1.20.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TCMD. SG Americas Securities LLC bought a new position in Tactile Systems Technology during the third quarter valued at approximately $156,000. Creative Planning bought a new position in Tactile Systems Technology during the third quarter valued at approximately $187,000. Arcadia Investment Management Corp MI bought a new position in Tactile Systems Technology during the third quarter valued at approximately $29,000. Los Angeles Capital Management LLC lifted its position in Tactile Systems Technology by 36.6% during the third quarter. Los Angeles Capital Management LLC now owns 135,796 shares of the company's stock valued at $1,984,000 after purchasing an additional 36,409 shares during the period. Finally, Victory Capital Management Inc. bought a new position in Tactile Systems Technology during the third quarter valued at approximately $180,000. Institutional investors own 83.43% of the company's stock.

Tactile Systems Technology Company Profile

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.