Research Analysts Issue Forecasts for TCMD FY2025 Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMD) – B. Riley lifted their FY2025 earnings per share (EPS) estimates for shares of Tactile Systems Technology in a research note issued to investors on Monday, November 3rd. B. Riley analyst A. Schock now forecasts that the company will post earnings per share of $0.81 for the year, up from their previous forecast of $0.63. B. Riley currently has a “Neutral” rating and a $13.00 target price on the stock. The consensus estimate for Tactile Systems Technology’s current full-year earnings is $0.70 per share. B. Riley also issued estimates for Tactile Systems Technology’s Q4 2025 earnings at $0.45 EPS, Q1 2026 earnings at ($0.12) EPS and Q3 2026 earnings at $0.42 EPS.

TCMD has been the subject of a number of other research reports. Weiss Ratings restated a “hold (c)” rating on shares of Tactile Systems Technology in a report on Wednesday, October 8th. Lake Street Capital increased their price objective on Tactile Systems Technology from $23.50 to $32.00 and gave the stock a “buy” rating in a report on Tuesday. William Blair upgraded Tactile Systems Technology to a “strong-buy” rating in a report on Tuesday, August 5th. Piper Sandler reiterated a “neutral” rating and set a $20.00 price objective (up from $14.00) on shares of Tactile Systems Technology in a report on Tuesday. Finally, Wall Street Zen upgraded Tactile Systems Technology from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $21.67.

Tactile Systems Technology Price Performance

TCMD opened at $24.21 on Thursday. The stock has a fifty day moving average of $14.58 and a 200-day moving average of $12.23. The firm has a market capitalization of $539.69 million, a P/E ratio of 39.05 and a beta of 1.06. Tactile Systems Technology has a 12-month low of $8.61 and a 12-month high of $24.59. The company has a quick ratio of 3.36, a current ratio of 3.79 and a debt-to-equity ratio of 0.11.

Tactile Systems Technology (NASDAQ:TCMD) last released its quarterly earnings data on Monday, November 3rd. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.20. The business had revenue of $85.76 million during the quarter, compared to analyst estimates of $79.31 million. Tactile Systems Technology had a return on equity of 7.72% and a net margin of 5.06%. Tactile Systems Technology has set its FY 2025 guidance at EPS.

Institutional Investors Weigh In On Tactile Systems Technology

Hedge funds and other institutional investors have recently made changes to their positions in the business. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Tactile Systems Technology in the first quarter valued at about $534,000. Victory Capital Management Inc. acquired a new stake in Tactile Systems Technology during the first quarter worth about $1,160,000. Acadian Asset Management LLC grew its position in Tactile Systems Technology by 149.1% during the first quarter. Acadian Asset Management LLC now owns 196,270 shares of the company’s stock worth $2,594,000 after buying an additional 117,480 shares in the last quarter. Pinnacle Associates Ltd. grew its position in Tactile Systems Technology by 5.5% during the second quarter. Pinnacle Associates Ltd. now owns 340,374 shares of the company’s stock worth $3,451,000 after buying an additional 17,850 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. lifted its stake in Tactile Systems Technology by 34.3% during the first quarter. Punch & Associates Investment Management Inc. now owns 282,000 shares of the company’s stock worth $3,728,000 after purchasing an additional 72,000 shares during the period. 83.43% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Tactile Systems Technology news, CEO Sheri Louise Dodd sold 7,762 shares of the firm’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $12.36, for a total transaction of $95,938.32. Following the transaction, the chief executive officer directly owned 173,479 shares in the company, valued at $2,144,200.44. This trade represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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.