William Blair Issues Pessimistic Estimate for TCMD Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMDFree Report) – Equities researchers at William Blair cut their Q1 2025 earnings per share (EPS) estimates for Tactile Systems Technology in a report issued on Tuesday, November 5th. William Blair analyst M. Andrew now forecasts that the company will post earnings of ($0.13) per share for the quarter, down from their prior forecast of ($0.06). The consensus estimate for Tactile Systems Technology’s current full-year earnings is $0.71 per share. William Blair also issued estimates for Tactile Systems Technology’s Q2 2025 earnings at ($0.19) EPS, Q3 2025 earnings at ($0.28) EPS and FY2025 earnings at $0.81 EPS.

TCMD has been the subject of a number of other reports. B. Riley initiated coverage on shares of Tactile Systems Technology in a research report on Thursday, September 26th. They issued a “buy” rating and a $23.00 target price for the company. Oppenheimer downgraded shares of Tactile Systems Technology from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 5th. BTIG Research cut Tactile Systems Technology from a “buy” rating to a “neutral” rating in a report on Tuesday, November 5th. Finally, StockNews.com raised Tactile Systems Technology from a “buy” rating to a “strong-buy” rating in a report on Friday, September 20th.

View Our Latest Stock Analysis on TCMD

Tactile Systems Technology Trading Down 1.5 %

Shares of TCMD stock opened at $15.02 on Friday. The stock’s fifty day moving average is $14.13 and its two-hundred day moving average is $13.22. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.89 and a current ratio of 4.37. The firm has a market capitalization of $360.43 million, a P/E ratio of 23.11 and a beta of 1.17. Tactile Systems Technology has a fifty-two week low of $10.06 and a fifty-two week high of $16.95.

Institutional Investors Weigh In On Tactile Systems Technology

Several hedge funds and other institutional investors have recently bought and sold shares of TCMD. Arcadia Investment Management Corp MI purchased a new stake in shares of Tactile Systems Technology in the 3rd quarter valued at approximately $29,000. Gladius Capital Management LP purchased a new position in Tactile Systems Technology in the third quarter worth approximately $44,000. Quarry LP acquired a new stake in Tactile Systems Technology during the second quarter worth $46,000. Sequoia Financial Advisors LLC purchased a new stake in Tactile Systems Technology in the first quarter valued at $166,000. Finally, State Board of Administration of Florida Retirement System acquired a new position in shares of Tactile Systems Technology in the 1st quarter valued at $171,000. 83.43% of the stock is currently owned by institutional investors and hedge funds.

Tactile Systems Technology Company Profile

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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.

See Also

Earnings History and Estimates for Tactile Systems Technology (NASDAQ:TCMD)

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