Tactile Systems Technology, Inc. (TCMD)

NASDAQ: TCMD · IEX Real-Time Price · USD
11.17
0.51 (4.78%)
May 17, 2022 4:00 PM EDT - Market closed
Market Cap222.58M
Revenue (ttm)213.26M
Net Income (ttm)-25.11M
Shares Out19.93M
EPS (ttm)-0.60
PE Ration/a
Forward PE149.25
Dividendn/a
Ex-Dividend Daten/a
Volume343,635
Open10.95
Previous Close10.66
Day's Range10.89 - 11.52
52-Week Range10.49 - 57.64
Beta1.36
AnalystsBuy
Price Target31.28 (+180.0%)
Earnings DateMay 2, 2022

About TCMD

Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. The company offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema; Entre system, a portable pneumatic compression device that is used for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers; and AffloVest, a portable high frequency chest wall oscillation test for the tre...

IndustryHealth Care Equipment & Supplies
IPO DateJul 28, 2016
CEODaniel Reuvers
Employees988
Stock ExchangeNASDAQ
Ticker SymbolTCMD
Full Company Profile

Financial Performance

In 2021, TCMD's revenue was $208.06 million, an increase of 11.18% compared to the previous year's $187.13 million. Losses were -$11.81 million, 1,805.0% more than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for TCMD stock is "Buy." The 12-month stock price forecast is 31.28, which is an increase of 180.04% from the latest price.

Price Target
$31.28
(180.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Grabar Law Office Investigates Potential Shareholder Action on Behalf of Current Shareholders of Tactile Systems Tech...

Philadelphia, Pennsylvania--(Newsfile Corp. - May 9, 2022) - Claims alleged in a class action lawsuit that was filed in 2020 against Tactile Systems Technology, Inc. (NASDAQ: TCMD) have survived a motio...

1 week ago - Newsfile Corp

TACTILE SYSTEMS INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Inv...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigatio...

1 week ago - Business Wire

Grabar Law Office Investigates Potential Shareholder Action on Behalf of Current Shareholders of Tactile Systems Tech...

Philadelphia, Pennsylvania--(Newsfile Corp. - May 3, 2022) - A class action lawsuit that was filed in 2020 against Tactile Systems Technology, Inc. (NASDAQ: TCMD) has survived a motion to dismiss. The c...

2 weeks ago - Newsfile Corp

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Tactile Systems Technology, Inc.

Wilmington, Delaware--(Newsfile Corp. - May 2, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Tactile Systems Technology, Inc. (NASDAQ: TCMD) on beha...

2 weeks ago - Newsfile Corp

Tactile Systems Technology (TCMD) Reports Q1 Loss, Tops Revenue Estimates

Tactile Systems Technology (TCMD) delivered earnings and revenue surprises of -35.48% and 6.82%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Tactile Systems Technology, Inc. Reports First Quarter 2022 Financial Results; Reaffirms Full Year 2022 Outlook

First Quarter Revenue Increased 12% Year-Over-Year First Quarter Revenue Increased 12% Year-Over-Year

2 weeks ago - GlobeNewsWire

Avation Medical Announces Appointment of Chief Marketing Officer to Executive Leadership Team

Avation Medical appoints Darren Wennen, a medical industry veteran, as Chief Marketing Officer in anticipation of commercialization of its wearable neuromodulation system to treat OAB and UUI. COLUMBUS,...

1 month ago - PRNewsWire

Tactile Medical to Participate in the Oppenheimer Healthcare Conference

MINNEAPOLIS, March 07, 2022 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq:TCMD), a medical technology company focused on developing medical devices for the treatment o...

2 months ago - GlobeNewsWire

Tactile Systems Technology (TCMD) Reports Q4 Loss, Tops Revenue Estimates

Tactile Systems Technology (TCMD) delivered earnings and revenue surprises of -566.67% and 6.03%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the ...

2 months ago - Zacks Investment Research

Tactile Systems Technology, Inc. Reports Fourth Quarter And Full Year 2021 Financial Results; Introduces Full Year 20...

Fourth Quarter Revenue Increased 4% Year-Over-Year; Full Year Revenue Increased 11% Year-over-Year Fourth Quarter Revenue Increased 4% Year-Over-Year; Full Year Revenue Increased 11% Year-over-Year

2 months ago - GlobeNewsWire

Tactile Medical Announces Qui Tam Lawsuit Dropped by Plaintiff

MINNEAPOLIS, Feb. 18, 2022 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD) announced today that the qui tam lawsuit filed by a competitor has been dropped and dis...

2 months ago - GlobeNewsWire

Analysts Estimate Tactile Systems Technology (TCMD) to Report a Decline in Earnings: What to Look Out for

Tactile Systems Technology (TCMD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Tactile Medical to Participate in the BTIG Virtual MedTech, Digital Health, Life Science & Diagnostic Tools Conference

MINNEAPOLIS, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq:TCMD), a medical technology company focused on developing medical devices for the treatment of...

3 months ago - GlobeNewsWire

Tactile Medical to Release Fourth Quarter and Fiscal Year 2021 Financial Results on February 22, 2022

MINNEAPOLIS, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq:TCMD), a medical technology company focused on developing medical devices for the treatment of...

3 months ago - GlobeNewsWire

Tactile Medical Announces New Appointments to Board of Directors

Appoints Valerie Asbury and Brent Shafer Appoints Valerie Asbury and Brent Shafer

4 months ago - GlobeNewsWire

New Strong Sell Stocks for December 31st

GFF, NHI, ROCC, USFD, and TCMD have been added to the Zacks Rank #5 (Strong Sell) List on December 31, 2021.

Other symbols:GFFNHIROCCUSFD
4 months ago - Zacks Investment Research

4 Toxic Stocks to Eliminate From Your Portfolio Now

Detecting toxic stocks and dumping them at the right time is crucial to avoid big losses. ILMN, TCMD, CTOS and GCI are a few toxic stocks that don't deserve a place in your portfolio.

Other symbols:CTOSGCIILMN
4 months ago - Zacks Investment Research

New Strong Sell Stocks for December 2nd

AMED, LGIH, SWK, TCMD, and HEINY have been added to the Zacks Rank #5 (Strong Sell) List on December 2, 2021.

Other symbols:AMEDLGIHSWK
5 months ago - Zacks Investment Research

Don't Squander Your Income on These 3 Toxic Stocks

Precisely figuring out toxic stocks and discarding or short selling those at the right time is the key to safeguarding your portfolio from big losses.

Other symbols:ILMNSRI
5 months ago - Zacks Investment Research

Tactile Systems Technology (TCMD) Reports Q3 Loss, Lags Revenue Estimates

Tactile Systems Technology (TCMD) delivered earnings and revenue surprises of -161.54% and -7.94%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for th...

6 months ago - Zacks Investment Research

Tactile Systems Technology, Inc. Reports Third Quarter 2021 Financial Results; Updates Full Year 2021 Outlook

Third Quarter Revenue Increased 7% Year-Over-Year; First Nine Months Revenue Increased 14% Year-over-Year Third Quarter Revenue Increased 7% Year-Over-Year; First Nine Months Revenue Increased 14% Year-...

6 months ago - GlobeNewsWire

Tactile Systems Technology (TCMD) Earnings Expected to Grow: Should You Buy?

Tactile Systems Technology (TCMD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Tactile Systems Technology (TCMD) Moves 6.2% Higher: Will This Strength Last?

Tactile Systems Technology (TCMD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in t...

6 months ago - Zacks Investment Research

Tactile Medical to Release Third Quarter of Fiscal Year 2021 Financial Results on November 8, 2021

MINNEAPOLIS, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq:TCMD), a medical technology company focused on developing medical devices for the treatment of...

7 months ago - GlobeNewsWire

Tactile Medical Announces Enrollment of First Patient in Randomized, Controlled Clinical Trial Evaluating the Effecti...

MINNEAPOLIS, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company focused on developing medical devices for the treatment ...

7 months ago - GlobeNewsWire