Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) will be releasing its earnings data after the market closes on Monday, November 4th. Analysts expect Tactile Systems Technology to post earnings of $0.18 per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.10 by $0.10. Tactile Systems Technology had a return on equity of 16.94% and a net margin of 11.57%. The company had revenue of $73.22 million during the quarter, compared to analyst estimates of $72.62 million. 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 Price Performance
Shares of NASDAQ TCMD traded up $0.24 during midday trading on Monday, hitting $14.44. 81,537 shares of the company's stock were exchanged, compared to its average volume of 243,931. Tactile Systems Technology has a 12-month low of $9.69 and a 12-month high of $16.95. The company has a current ratio of 4.44, a quick ratio of 3.89 and a debt-to-equity ratio of 0.12. The company has a market cap of $343.12 million, a price-to-earnings ratio of 12.06 and a beta of 1.18. The business's fifty day moving average price is $13.81 and its two-hundred day moving average price is $13.19.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the company. B. Riley assumed coverage on Tactile Systems Technology in a research note on Thursday, September 26th. They issued a "buy" rating and a $23.00 target price for the company. StockNews.com raised Tactile Systems Technology from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 20th.
Read Our Latest Research Report on Tactile Systems Technology
Tactile Systems Technology Company Profile
(
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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.
Further Reading
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