Tactile Systems Technology, Inc. (NASDAQ:TCMD – Free Report) – Investment analysts at William Blair increased their Q1 2025 EPS estimates for shares of Tactile Systems Technology in a research report issued on Monday, February 24th. William Blair analyst M. Andrew now anticipates that the company will earn ($0.12) per share for the quarter, up from their prior estimate 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 announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.09. The company had revenue of $85.59 million for the quarter, compared to analysts’ expectations of $85.39 million. Tactile Systems Technology had a net margin of 5.79% and a return on equity of 9.37%.
Read Our Latest Research Report on Tactile Systems Technology
Tactile Systems Technology Stock Performance
Shares of TCMD stock opened at $14.21 on Wednesday. The stock has a market capitalization of $335.14 million, a P/E ratio of 20.30 and a beta of 1.20. The company has a current ratio of 4.36, a quick ratio of 3.80 and a debt-to-equity ratio of 0.11. The firm’s 50 day moving average is $17.03 and its 200 day moving average is $15.71. Tactile Systems Technology has a 12 month low of $11.12 and a 12 month high of $21.10.
Hedge Funds Weigh In On Tactile Systems Technology
A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Tactile Systems Technology by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 1,483,692 shares of the company’s stock worth $25,416,000 after buying an additional 4,509 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Tactile Systems Technology by 8.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 901,551 shares of the company’s stock valued at $15,444,000 after purchasing an additional 67,934 shares in the last quarter. Wasatch Advisors LP boosted its stake in shares of Tactile Systems Technology by 9.8% in the 3rd quarter. Wasatch Advisors LP now owns 727,194 shares of the company’s stock valued at $10,624,000 after purchasing an additional 64,684 shares in the last quarter. Royce & Associates LP boosted its stake in shares of 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 purchasing an additional 14,780 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Tactile Systems Technology by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 558,667 shares of the company’s stock valued at $8,164,000 after purchasing an additional 8,422 shares in the last quarter. Institutional investors own 83.43% of the company’s stock.
Insider Buying and Selling
In other news, VP Kristie Burns sold 4,830 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $14.65, for a total value of $70,759.50. Following the transaction, the vice president now owns 84,008 shares of the company’s stock, valued at $1,230,717.20. This represents a 5.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Elaine M. Birkemeyer sold 3,778 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $14.70, for a total transaction of $55,536.60. Following the completion of the transaction, the chief financial officer now directly owns 104,098 shares in the company, valued at $1,530,240.60. The trade was a 3.50 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,546 shares of company stock valued at $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.
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