Tactile Systems Technology, Inc. (NASDAQ:TCMD) Expected to Earn Q1 2025 Earnings of ($0.09) Per Share

Tactile Systems Technology, Inc. (NASDAQ:TCMD) – Equities research analysts at William Blair decreased their Q1 2025 EPS estimates for shares of Tactile Systems Technology in a research note issued on Tuesday, May 7th. William Blair analyst M. Kaczor now expects that the company will earn ($0.09) per share for the quarter, down from their previous estimate of ($0.02). The consensus estimate for Tactile Systems Technology’s current full-year earnings is $0.56 per share. William Blair also issued estimates for Tactile Systems Technology’s FY2025 earnings at $0.68 EPS.

Separately, StockNews.com raised shares of Tactile Systems Technology from a “buy” rating to a “strong-buy” rating in a report on Tuesday.

Tactile Systems Technology Trading Down 4.1 %

TCMD stock opened at $13.85 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.54 and a quick ratio of 2.99. The stock has a market capitalization of $329.06 million, a price-to-earnings ratio of 11.54 and a beta of 1.23. The business has a fifty day moving average price of $15.21 and a 200 day moving average price of $14.19. Tactile Systems Technology has a fifty-two week low of $9.69 and a fifty-two week high of $26.11.

Tactile Systems Technology (NASDAQ:TCMD) last posted its quarterly earnings data on Tuesday, February 20th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.25. The company had revenue of $77.65 million during the quarter, compared to analyst estimates of $78.85 million. Tactile Systems Technology had a net margin of 10.39% and a return on equity of 17.08%. During the same quarter last year, the business posted $0.29 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Arcadia Investment Management Corp MI grew its position in shares of Tactile Systems Technology by 94.8% in the 1st quarter. Arcadia Investment Management Corp MI now owns 1,570 shares of the company’s stock valued at $25,000 after purchasing an additional 764 shares during the period. New York State Teachers Retirement System acquired a new stake in shares of Tactile Systems Technology during the third quarter worth $29,000. Palisade Asset Management LLC bought a new stake in Tactile Systems Technology in the 1st quarter valued at $32,000. Covestor Ltd boosted its stake in Tactile Systems Technology by 69.4% in the 3rd quarter. Covestor Ltd now owns 2,872 shares of the company’s stock worth $40,000 after purchasing an additional 1,177 shares during the period. Finally, International Assets Investment Management LLC increased its holdings in Tactile Systems Technology by 1,330.0% during the 4th quarter. International Assets Investment Management LLC now owns 2,860 shares of the company’s stock worth $41,000 after purchasing an additional 2,660 shares in the last quarter. 83.43% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Kristie Burns sold 2,015 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $15.90, for a total value of $32,038.50. Following the transaction, the vice president now owns 63,512 shares of the company’s stock, valued at approximately $1,009,840.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Daniel L. Reuvers sold 6,239 shares of Tactile Systems Technology stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $15.81, for a total transaction of $98,638.59. Following the transaction, the chief executive officer now owns 244,112 shares of the company’s stock, valued at approximately $3,859,410.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Kristie Burns sold 2,015 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $15.90, for a total transaction of $32,038.50. Following the completion of the sale, the vice president now owns 63,512 shares in the company, valued at $1,009,840.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 18,335 shares of company stock valued at $280,532. Company insiders own 1.40% of the company’s stock.

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.