Tactile Systems Technology, Inc. (TCMD)

NASDAQ: TCMD · IEX Real-Time Price · USD
14.40
+0.26 (1.84%)
Apr 19, 2024, 4:00 PM EDT - Market closed
1.84%
Market Cap 342.14M
Revenue (ttm) 274.42M
Net Income (ttm) 28.52M
Shares Out 23.76M
EPS (ttm) 1.23
PE Ratio 11.71
Forward PE 26.35
Dividend n/a
Ex-Dividend Date n/a
Volume 156,044
Open 14.10
Previous Close 14.14
Day's Range 14.10 - 14.63
52-Week Range 9.70 - 26.11
Beta 1.21
Analysts Buy
Price Target 30.00 (+108.33%)
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 2 analysts, the average rating for TCMD stock is "Buy." The 12-month stock price forecast is $30.0, which is an increase of 108.33% from the latest price.

Price Target
$30.0
(108.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 days 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...

2 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, ...

2 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...

2 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...

5 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...

7 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, ...

7 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...

8 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...

8 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...

9 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, ...

9 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...

10 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...

11 months 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

Tactile Medical to Participate in the Piper Sandler 34th Annual Healthcare Conference

MINNEAPOLIS, Nov. 22, 2022 (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 Medical Reaches Agreement to Settle Securities Class Action Lawsuit

MINNEAPOLIS, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical” or the “Company”) (Nasdaq:TCMD), a medical technology company focused on developing medical devices f...

1 year ago - GlobeNewsWire