Tactile Systems Technology, Inc. (TCMD)

NASDAQ: TCMD · IEX Real-Time Price · USD
13.73
+0.07 (0.51%)
At close: May 17, 2024, 4:00 PM
13.70
-0.03 (-0.22%)
After-hours: May 17, 2024, 5:10 PM EDT
0.51%
Market Cap 324.83M
Revenue (ttm) 276.67M
Net Income (ttm) 28.19M
Shares Out 23.76M
EPS (ttm) 1.20
PE Ratio 11.44
Forward PE 19.87
Dividend n/a
Ex-Dividend Date n/a
Volume 196,391
Open 13.76
Previous Close 13.66
Day's Range 13.52 - 14.02
52-Week Range 9.70 - 26.11
Beta 1.23
Analysts Buy
Price Target 30.00 (+118.5%)
Earnings Date May 6, 2024

About TCMD

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. The company also provides Kylee, a mobile application to help patients learn a... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Jul 28, 2016
Employees 992
Stock Exchange NASDAQ
Ticker Symbol TCMD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for TCMD stock is "Buy" and the 12-month stock price forecast is $30.0.

Price Target
$30.0
(118.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Tactile Systems Technology, Inc. Reports First Quarter 2024 Financial Results

MINNEAPOLIS, May 06, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chron...

12 days ago - GlobeNewsWire

Tactile Medical Announces CEO Transition and Preliminary First Quarter 2024 Revenue

MINNEAPOLIS, April 23, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chr...

25 days ago - GlobeNewsWire

Tactile Medical to Release First Quarter of Fiscal Year 2024 Financial Results on May 6, 2024

MINNEAPOLIS, April 15, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chr...

4 weeks ago - GlobeNewsWire

Tactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results; Introduces Full Year 2024 Outlook

Full Year Revenue Increased 11% Year-Over-Year; Full Year Net Income Increased 260%; Full Year Adjusted EBITDA Increased 62% Full Year Revenue Increased 11% Year-Over-Year; Full Year Net Income Increa...

3 months ago - GlobeNewsWire

Tactile Medical to Participate in Upcoming Investor Conferences in February and March

MINNEAPOLIS, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, ...

3 months ago - GlobeNewsWire

Tactile Medical to Release Fourth Quarter and Fiscal Year 2023 Financial Results on February 20, 2024

MINNEAPOLIS, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

3 months ago - GlobeNewsWire

Tactile Systems Technology, Inc. Reports Third Quarter 2023 Financial Results; Updates Full Year 2023 Outlook

MINNEAPOLIS, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

6 months ago - GlobeNewsWire

Tactile Medical to Release Third Quarter of Fiscal Year 2023 Financial Results on November 6, 2023

MINNEAPOLIS, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

8 months ago - GlobeNewsWire

Tactile Medical Appoints Vindell Washington, M.D. to Board of Directors

MINNEAPOLIS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, ...

8 months ago - GlobeNewsWire

Tactile Medical to Participate in Two Upcoming Conferences in September

MINNEAPOLIS, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chr...

9 months ago - GlobeNewsWire

Tactile Medical to Present at the 2023 Wells Fargo Healthcare Conference

MINNEAPOLIS, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

9 months ago - GlobeNewsWire

Tactile Systems Technology, Inc. Reports Second Quarter 2023 Financial Results; Updates Full Year 2023 Outlook

MINNEAPOLIS, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

10 months ago - GlobeNewsWire

Tactile Medical Appoints Sherri Ferstler as Senior Vice President of Sales

MINNEAPOLIS, July 18, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, ...

10 months ago - GlobeNewsWire

Tactile Medical to Release Second Quarter of Fiscal Year 2023 Financial Results on August 7, 2023

MINNEAPOLIS, June 29, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

11 months ago - GlobeNewsWire

Tactile Medical to Present at the William Blair 43rd Annual Growth Stock Conference

MINNEAPOLIS, May 23, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, t...

1 year ago - GlobeNewsWire

Tactile Systems Technology, Inc. Reports First Quarter 2023 Financial Results; Raises Full Year 2023 Outlook

MINNEAPOLIS, May 08, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chron...

1 year ago - GlobeNewsWire

Tactile Medical to Release First Quarter of Fiscal Year 2023 Financial Results on May 8, 2023

MINNEAPOLIS, March 30, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chr...

1 year ago - GlobeNewsWire

Tactile Medical Appoints Elaine Birkemeyer as Chief Financial Officer

MINNEAPOLIS, March 14, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chr...

1 year ago - GlobeNewsWire

Tactile Medical to Present at Two Upcoming Conferences in March

MINNEAPOLIS, March 02, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders,...

1 year ago - GlobeNewsWire

Tactile Systems Technology, Inc. Announces Pricing of $32.5 Million Public Offering of Common Stock

MINNEAPOLIS, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company focused on developing medical devices for the treatment...

1 year ago - GlobeNewsWire

Tactile Systems Technology, Inc. Announces Proposed Public Offering of Common Stock

MINNEAPOLIS, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company focused on developing medical devices for the treatment...

1 year ago - GlobeNewsWire

Tactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results; Introduces Full Year 2023 Outlook

Fourth Quarter Revenue Increased 20% Year-Over-Year; Full Year Revenue Increased 19% Year-Over-Year Fourth Quarter Revenue Increased 20% Year-Over-Year; Full Year Revenue Increased 19% Year-Over-Year

1 year ago - GlobeNewsWire

Tactile Systems Technology, Inc. Announces Chief Financial Officer to Retire in 2023

MINNEAPOLIS, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

1 year ago - GlobeNewsWire

Tactile Medical to Release Fourth Quarter and Fiscal Year 2022 Financial Results on February 21, 2022

MINNEAPOLIS, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq:TCMD), a medical technology company providing therapies for people with chronic disorders, t...

1 year ago - GlobeNewsWire

Tactile Medical Appoints Carmen Volkart to Board of Directors

MINNEAPOLIS, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, ...

1 year ago - GlobeNewsWire