Research Analysts Set Expectations for TCMD Q1 Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMD) – Stock analysts at B. Riley reduced their Q1 2025 EPS estimates for shares of Tactile Systems Technology in a research report issued on Tuesday, November 5th. B. Riley analyst K. Bauser now expects that the company will post earnings of ($0.08) per share for the quarter, down from their previous estimate 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 $0.71 per share.

Several other analysts also recently commented on the company. BTIG Research downgraded Tactile Systems Technology from a “buy” rating to a “neutral” rating in a research note on Tuesday. Oppenheimer downgraded Tactile Systems Technology from an “outperform” rating to a “market perform” rating in a research note on Tuesday. Finally, StockNews.com raised Tactile Systems Technology from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 20th.

Tactile Systems Technology Stock Performance

Shares of Tactile Systems Technology stock opened at $15.02 on Thursday. The firm has a fifty day moving average of $14.13 and a two-hundred day moving average of $13.22. The stock has a market capitalization of $360.48 million, a price-to-earnings ratio of 23.11 and a beta of 1.17. Tactile Systems Technology has a 52 week low of $10.06 and a 52 week high of $16.95. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.89 and a current ratio of 4.37.

Institutional Trading of Tactile Systems Technology

Several hedge funds have recently added to or reduced their stakes in TCMD. Arcadia Investment Management Corp MI bought a new position in Tactile Systems Technology during the 3rd quarter worth about $29,000. Gladius Capital Management LP bought a new position in Tactile Systems Technology during the 3rd quarter worth about $44,000. Quarry LP bought a new position in Tactile Systems Technology during the 2nd quarter worth about $46,000. Sequoia Financial Advisors LLC bought a new position in Tactile Systems Technology during the 1st quarter worth about $166,000. Finally, State Board of Administration of Florida Retirement System bought a new position in Tactile Systems Technology during the 1st quarter worth about $171,000. Institutional investors and hedge funds own 83.43% of the company’s stock.

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.