William Blair Has Positive Outlook for TCMD Q4 Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMD - Free Report) - William Blair raised their Q4 2025 EPS estimates for Tactile Systems Technology in a report released on Tuesday, November 5th. William Blair analyst M. Andrew now forecasts that the company will post earnings of $0.46 per share for the quarter, up from their previous forecast of $0.41. The consensus estimate for Tactile Systems Technology's current full-year earnings is $0.64 per share.

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 analysts' consensus estimates of $0.10 by $0.10. Tactile Systems Technology had a return on equity of 9.38% and a net margin of 5.42%. The firm had revenue of $73.22 million during the quarter, compared to analyst estimates of $72.62 million.

Other equities analysts have also recently issued reports about the company. StockNews.com upgraded Tactile Systems Technology from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 20th. BTIG Research cut shares of Tactile Systems Technology from a "buy" rating to a "neutral" rating in a report on Tuesday. Oppenheimer cut shares of Tactile Systems Technology from an "outperform" rating to a "market perform" rating in a report on Tuesday. Finally, B. Riley started coverage on shares of Tactile Systems Technology in a report on Thursday, September 26th. They set a "buy" rating and a $23.00 price target on the stock.

Tactile Systems Technology Stock Up 3.0 %

Shares of NASDAQ:TCMD traded up $0.44 during mid-day trading on Thursday, hitting $15.06. 172,131 shares of the company traded hands, compared to its average volume of 244,713. The stock has a 50-day moving average price of $14.07 and a two-hundred day moving average price of $13.20. Tactile Systems Technology has a 12-month low of $9.84 and a 12-month high of $16.95. The stock has a market cap of $357.83 million, a P/E ratio of 22.49 and a beta of 1.17. The company has a current ratio of 4.44, a quick ratio of 3.89 and a debt-to-equity ratio of 0.12.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD boosted its holdings in Tactile Systems Technology by 7.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 17,371 shares of the company's stock worth $283,000 after purchasing an additional 1,159 shares during the last quarter. Arcadia Investment Management Corp MI bought a new stake in Tactile Systems Technology in the third quarter worth about $29,000. Inspire Investing LLC raised its position in Tactile Systems Technology by 4.3% in the first quarter. Inspire Investing LLC now owns 55,904 shares of the company's stock worth $908,000 after acquiring an additional 2,310 shares during the period. ClariVest Asset Management LLC raised its position in Tactile Systems Technology by 2.9% in the second quarter. ClariVest Asset Management LLC now owns 83,195 shares of the company's stock worth $993,000 after acquiring an additional 2,326 shares during the period. Finally, Gladius Capital Management LP bought a new stake in Tactile Systems Technology in the third quarter worth about $44,000. 83.43% of the stock is currently owned by hedge funds and other institutional investors.

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.