Tactile Systems Technology, Inc. (NASDAQ:TCMD - Free Report) - Analysts at William Blair decreased their Q1 2025 earnings per share estimates for Tactile Systems Technology in a research report issued on Tuesday, November 5th. William Blair analyst M. Andrew now expects that the company will post earnings of ($0.13) per share for the quarter, down from their previous forecast of ($0.06). The consensus estimate for Tactile Systems Technology's current full-year earnings is $0.71 per share. William Blair also issued estimates for Tactile Systems Technology's Q2 2025 earnings at ($0.19) EPS, Q3 2025 earnings at ($0.28) EPS and FY2025 earnings at $0.81 EPS.
A number of other analysts also recently issued reports on the stock. B. Riley started coverage on shares of Tactile Systems Technology in a report on Thursday, September 26th. They issued a "buy" rating and a $23.00 price target on the stock. StockNews.com upgraded Tactile Systems Technology from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 20th. Oppenheimer lowered Tactile Systems Technology from an "outperform" rating to a "market perform" rating in a research note on Tuesday. Finally, BTIG Research downgraded Tactile Systems Technology from a "buy" rating to a "neutral" rating in a research note on Tuesday.
Check Out Our Latest Report on TCMD
Tactile Systems Technology Price Performance
Shares of Tactile Systems Technology stock traded down $0.24 on Friday, hitting $15.02. 253,782 shares of the company traded hands, compared to its average volume of 245,337. Tactile Systems Technology has a 52 week low of $10.06 and a 52 week high of $16.95. The business has a 50-day simple moving average of $14.13 and a 200 day simple moving average of $13.22. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.89 and a current ratio of 4.37. The stock has a market capitalization of $360.48 million, a P/E ratio of 23.11 and a beta of 1.17.
Tactile Systems Technology (NASDAQ:TCMD - Get Free Report) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.10. Tactile Systems Technology had a return on equity of 9.24% and a net margin of 5.42%. The business had revenue of $73.22 million during the quarter, compared to the consensus estimate of $72.62 million.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Gladius Capital Management LP purchased a new stake in Tactile Systems Technology during the third quarter valued at approximately $44,000. Royce & Associates LP increased its position in shares of Tactile Systems Technology by 2.5% during the 3rd quarter. Royce & Associates LP now owns 612,979 shares of the company's stock valued at $8,956,000 after purchasing an additional 14,780 shares during the last quarter. Victory Capital Management Inc. purchased a new stake in Tactile Systems Technology during the 3rd quarter valued at $180,000. Los Angeles Capital Management LLC lifted its position in Tactile Systems Technology by 36.6% in the third quarter. Los Angeles Capital Management LLC now owns 135,796 shares of the company's stock worth $1,984,000 after buying an additional 36,409 shares during the last quarter. Finally, Arcadia Investment Management Corp MI bought a new stake in Tactile Systems Technology in the third quarter worth $29,000. Hedge funds and other institutional investors own 83.43% of the company's stock.
About Tactile Systems Technology
(
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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.
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