Tactile Systems Technology, Inc. (NASDAQ:TCMD – Free Report) – Equities researchers at William Blair lifted their Q1 2025 earnings estimates for Tactile Systems Technology in a report released on Monday, February 24th. William Blair analyst M. Andrew now expects that the company will post earnings per share of ($0.12) for the quarter, up from their previous forecast of ($0.13). 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 Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.18 EPS, FY2025 earnings at $0.67 EPS, Q1 2026 earnings at ($0.06) EPS, Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.21 EPS, Q4 2026 earnings at $0.44 EPS and FY2026 earnings at $0.78 EPS.
Tactile Systems Technology (NASDAQ:TCMD – Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.09. Tactile Systems Technology had a return on equity of 9.37% and a net margin of 5.79%. The firm had revenue of $85.59 million during the quarter, compared to analysts’ expectations of $85.39 million.
Check Out Our Latest Stock Report on Tactile Systems Technology
Tactile Systems Technology Price Performance
Shares of NASDAQ TCMD opened at $14.62 on Wednesday. Tactile Systems Technology has a fifty-two week low of $11.12 and a fifty-two week high of $21.10. The company has a market cap of $344.81 million, a PE ratio of 20.89 and a beta of 1.20. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.80 and a current ratio of 4.36. The business has a 50-day simple moving average of $17.14 and a two-hundred day simple moving average of $15.73.
Institutional Trading of Tactile Systems Technology
A number of institutional investors and hedge funds have recently made changes to their positions in TCMD. Rhumbline Advisers grew its stake in Tactile Systems Technology by 1.6% in the 4th quarter. Rhumbline Advisers now owns 38,033 shares of the company’s stock valued at $651,000 after acquiring an additional 581 shares during the period. Sterling Capital Management LLC lifted its holdings in Tactile Systems Technology by 2.8% during the fourth quarter. Sterling Capital Management LLC now owns 25,028 shares of the company’s stock valued at $429,000 after purchasing an additional 683 shares in the last quarter. SG Americas Securities LLC grew its position in shares of Tactile Systems Technology by 12.7% in the fourth quarter. SG Americas Securities LLC now owns 12,032 shares of the company’s stock valued at $206,000 after purchasing an additional 1,354 shares during the period. Northern Trust Corp increased its stake in shares of Tactile Systems Technology by 0.7% during the fourth quarter. Northern Trust Corp now owns 205,914 shares of the company’s stock worth $3,527,000 after purchasing an additional 1,371 shares in the last quarter. Finally, Legal & General Group Plc raised its position in shares of Tactile Systems Technology by 33.2% during the 4th quarter. Legal & General Group Plc now owns 6,257 shares of the company’s stock worth $107,000 after purchasing an additional 1,558 shares during the last quarter. 83.43% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Tactile Systems Technology
In other news, CFO Elaine M. Birkemeyer sold 3,778 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $14.70, for a total value of $55,536.60. Following the completion of the transaction, the chief financial officer now owns 104,098 shares of the company’s stock, valued at $1,530,240.60. The trade was a 3.50 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Daniel L. Reuvers sold 10,938 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $14.55, for a total value of $159,147.90. Following the sale, the director now directly owns 242,942 shares in the company, valued at approximately $3,534,806.10. This trade represents a 4.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,546 shares of company stock worth $285,444. Company insiders own 0.96% 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.
Featured Articles
- Five stocks we like better than Tactile Systems Technology
- Dividend Payout Ratio Calculator
- Nebius Slides Post-Earnings: A Long-Term Buy Opportunity?
- Short Selling – The Pros and Cons
- NVIDIA Stock: A Market Barometer in Tech’s Turbulent Times
- How to Buy Cheap Stocks Step by Step
- Palantir Stock Nears Bear Market Territory – Why and What’s Next?
Receive News & Ratings for Tactile Systems Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tactile Systems Technology and related companies with MarketBeat.com's FREE daily email newsletter.