B. Riley Issues Pessimistic Outlook for TCMD Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMD) – Analysts at B. Riley decreased their Q1 2025 earnings per share (EPS) estimates for Tactile Systems Technology in a research report issued on Wednesday, February 19th. B. Riley analyst K. Bauser now anticipates that the company will post earnings of ($0.09) per share for the quarter, down from their previous estimate of ($0.08). B. Riley currently has a “Neutral” rating and a $18.00 target price on the stock. The consensus estimate for Tactile Systems Technology’s current full-year earnings is $0.86 per share. B. Riley also issued estimates for Tactile Systems Technology’s Q2 2025 earnings at $0.22 EPS, Q3 2025 earnings at $0.19 EPS, FY2025 earnings at $0.75 EPS and FY2026 earnings at $0.81 EPS.

Tactile Systems Technology (NASDAQ:TCMD) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.09. The business had revenue of $85.59 million for the quarter, compared to analysts’ expectations of $85.39 million. Tactile Systems Technology had a return on equity of 9.37% and a net margin of 5.79%.

Other equities research analysts have also issued research reports about the stock. Oppenheimer lowered shares of Tactile Systems Technology from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 5th. StockNews.com downgraded Tactile Systems Technology from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 16th. Finally, BTIG Research cut Tactile Systems Technology from a “buy” rating to a “neutral” rating in a report on Tuesday, November 5th.

Tactile Systems Technology Stock Down 2.1 %

Shares of NASDAQ TCMD opened at $15.05 on Friday. The firm’s fifty day moving average is $17.32 and its 200 day moving average is $15.65. Tactile Systems Technology has a 52 week low of $11.12 and a 52 week high of $21.10. The company has a quick ratio of 3.80, a current ratio of 4.36 and a debt-to-equity ratio of 0.11. The company has a market cap of $354.88 million, a price-to-earnings ratio of 21.50 and a beta of 1.20.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in TCMD. Millennium Management LLC purchased a new position in shares of Tactile Systems Technology during the fourth quarter valued at about $2,793,000. Norges Bank purchased a new position in shares of Tactile Systems Technology during the 4th quarter worth approximately $2,534,000. Renaissance Technologies LLC raised its position in shares of Tactile Systems Technology by 44.0% in the 4th quarter. Renaissance Technologies LLC now owns 451,100 shares of the company’s stock worth $7,727,000 after acquiring an additional 137,900 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of Tactile Systems Technology in the 4th quarter valued at approximately $1,328,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Tactile Systems Technology by 8.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 901,551 shares of the company’s stock valued at $15,444,000 after purchasing an additional 67,934 shares during the period. 83.43% of the stock is currently owned by institutional investors.

About Tactile Systems Technology

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.