Tactile Systems Technology (TCMD) Projected to Post Quarterly Earnings on Monday

Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Monday, May 5th. Analysts expect Tactile Systems Technology to post 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 - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.09. The company 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 0.4 %

Tactile Systems Technology stock traded up $0.05 during mid-day trading on Tuesday, reaching $14.22. 349,544 shares of the company were exchanged, compared to its average volume of 249,911. The firm has a market cap of $336.53 million, a P/E ratio of 20.31 and a beta of 1.21. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.80 and a current ratio of 4.36. Tactile Systems Technology has a 12-month low of $11.12 and a 12-month high of $21.10. The business has a fifty day moving average of $13.74 and a 200 day moving average of $15.73.

Insider Buying and Selling at Tactile Systems Technology

In other news, CFO Elaine M. Birkemeyer sold 3,778 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $14.70, for a total value of $55,536.60. Following the transaction, the chief financial officer now directly owns 104,098 shares of the company's stock, valued at approximately $1,530,240.60. This represents a 3.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Kristie Burns sold 4,830 shares of Tactile Systems Technology stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $14.65, for a total value of $70,759.50. Following the sale, the vice president now directly owns 84,008 shares of the company's stock, valued at $1,230,717.20. This trade represents a 5.44 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 19,546 shares of company stock worth $285,444. 2.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TCMD. B. Riley downgraded shares of Tactile Systems Technology from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $23.00 to $18.00 in a report on Wednesday, February 19th. StockNews.com lowered shares of Tactile Systems Technology from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 29th.

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.