Research Analysts Issue Forecasts for TCMD FY2025 Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMD) – Research analysts at William Blair decreased their FY2025 earnings per share (EPS) estimates for shares of Tactile Systems Technology in a note issued to investors on Tuesday, May 6th. William Blair analyst M. Andrew now anticipates that the company will post earnings of $0.51 per share for the year, down from their prior forecast of $0.67. The consensus estimate for Tactile Systems Technology’s current full-year earnings is $0.70 per share. William Blair also issued estimates for Tactile Systems Technology’s Q4 2025 earnings at $0.44 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.36 EPS and FY2026 earnings at $0.70 EPS.

TCMD has been the topic of several other research reports. B. Riley downgraded Tactile Systems Technology from a “buy” rating to a “neutral” rating and cut their price objective for the company from $23.00 to $18.00 in a research report on Wednesday, February 19th. Piper Sandler cut Tactile Systems Technology from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $25.00 to $14.00 in a research report on Tuesday. Finally, StockNews.com downgraded shares of Tactile Systems Technology from a “buy” rating to a “hold” rating in a research report on Wednesday. Five research analysts have rated the stock with a hold rating, According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $16.00.

Tactile Systems Technology Stock Performance

Tactile Systems Technology stock opened at $9.73 on Wednesday. The company has a market cap of $230.27 million, a PE ratio of 13.90 and a beta of 1.05. The company’s 50-day moving average price is $13.39 and its 200-day moving average price is $15.60. Tactile Systems Technology has a twelve month low of $8.61 and a twelve month high of $21.10. The company has a quick ratio of 3.80, a current ratio of 4.36 and a debt-to-equity ratio of 0.11.

Tactile Systems Technology (NASDAQ:TCMD) last released its earnings results on Monday, May 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.06). The business had revenue of $61.27 million for the quarter, compared to analysts’ expectations of $63.48 million. Tactile Systems Technology had a return on equity of 9.37% and a net margin of 5.79%. During the same quarter in the prior year, the business posted ($0.05) EPS.

Hedge Funds Weigh In On Tactile Systems Technology

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TCMD. Principal Financial Group Inc. raised its holdings in shares of Tactile Systems Technology by 9.9% in the 4th quarter. Principal Financial Group Inc. now owns 20,401 shares of the company’s stock valued at $349,000 after purchasing an additional 1,836 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in Tactile Systems Technology in the fourth quarter valued at $1,328,000. Arrowstreet Capital Limited Partnership lifted its holdings in Tactile Systems Technology by 163.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 52,227 shares of the company’s stock worth $895,000 after buying an additional 32,378 shares during the last quarter. Barclays PLC boosted its position in shares of Tactile Systems Technology by 56.7% during the 3rd quarter. Barclays PLC now owns 66,885 shares of the company’s stock worth $977,000 after acquiring an additional 24,188 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Tactile Systems Technology by 45.2% in the 4th quarter. JPMorgan Chase & Co. now owns 41,961 shares of the company’s stock valued at $719,000 after acquiring an additional 13,059 shares during the last quarter. Hedge funds and other institutional investors own 83.43% of the company’s stock.

Insider Activity

In related news, Director Daniel L. Reuvers sold 10,938 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $14.55, for a total value of $159,147.90. Following the completion of the sale, the director now owns 242,942 shares of the company’s stock, valued at approximately $3,534,806.10. This trade represents a 4.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Elaine M. Birkemeyer sold 3,778 shares of Tactile Systems Technology stock in a transaction on 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 owns 104,098 shares in the company, valued at approximately $1,530,240.60. This represents a 3.50 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,546 shares of company stock worth $285,444 over the last 90 days. 2.50% of the stock is currently owned by company insiders.

About Tactile Systems Technology

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.