Tactile Systems Technology (TCMD) Expected to Announce Earnings on Tuesday

Tactile Systems Technology (NASDAQ:TCMD) is anticipated to announce its earnings results after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.31 per share and revenue of $85.39 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Tactile Systems Technology Trading Up 2.3 %

NASDAQ TCMD opened at $17.33 on Monday. Tactile Systems Technology has a 1-year low of $11.12 and a 1-year high of $21.10. The company has a current ratio of 4.37, a quick ratio of 3.80 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $415.92 million, a PE ratio of 26.66 and a beta of 1.20. The firm’s fifty day simple moving average is $17.47 and its 200-day simple moving average is $15.58.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TCMD. StockNews.com cut shares of Tactile Systems Technology from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 16th. Oppenheimer cut shares of Tactile Systems Technology from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 5th. Finally, BTIG Research cut shares of Tactile Systems Technology from a “buy” rating to a “neutral” rating in a report on Tuesday, November 5th.

Tactile Systems Technology Company Profile

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.