Equities Analysts Set Expectations for TCMD Q1 Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMD) – Research analysts at B. Riley lowered their Q1 2025 EPS estimates for shares of Tactile Systems Technology in a report released on Tuesday, November 5th. B. Riley analyst K. Bauser now expects that the company will post earnings per share of ($0.08) for the quarter, down from their prior forecast of ($0.06). B. Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for Tactile Systems Technology’s current full-year earnings is $0.64 per share.

A number of other brokerages have also recently weighed in on TCMD. StockNews.com upgraded Tactile Systems Technology from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 20th. Oppenheimer downgraded shares of Tactile Systems Technology from an “outperform” rating to a “market perform” rating in a research report on Tuesday. Finally, BTIG Research cut shares of Tactile Systems Technology from a “buy” rating to a “neutral” rating in a research note on Tuesday.

Tactile Systems Technology Stock Up 4.3 %

Tactile Systems Technology stock opened at $15.26 on Thursday. The company has a market capitalization of $362.46 million, a P/E ratio of 23.47 and a beta of 1.17. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.89 and a current ratio of 4.44. Tactile Systems Technology has a fifty-two week low of $9.84 and a fifty-two week high of $16.95. The stock has a 50-day simple moving average of $14.10 and a 200-day simple moving average of $13.22.

Tactile Systems Technology (NASDAQ:TCMD) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $73.22 million for the quarter, compared to analyst estimates of $72.62 million.

Institutional Trading of Tactile Systems Technology

A number of hedge funds have recently added to or reduced their stakes in TCMD. Gladius Capital Management LP purchased a new stake in shares of Tactile Systems Technology during the third quarter worth approximately $44,000. Royce & Associates LP increased its stake in Tactile Systems Technology by 2.5% in the 3rd quarter. Royce & Associates LP now owns 612,979 shares of the company’s stock valued at $8,956,000 after buying an additional 14,780 shares during the period. Victory Capital Management Inc. purchased a new position in Tactile Systems Technology during the 3rd quarter worth $180,000. Los Angeles Capital Management LLC lifted its stake in shares of Tactile Systems Technology by 36.6% in the 3rd quarter. Los Angeles Capital Management LLC now owns 135,796 shares of the company’s stock worth $1,984,000 after acquiring an additional 36,409 shares during the period. Finally, Arcadia Investment Management Corp MI purchased a new stake in shares of Tactile Systems Technology in the third quarter valued at about $29,000. 83.43% of the stock is owned by institutional investors and hedge funds.

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.