William Blair Issues Optimistic Outlook for TCMD Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMD) – William Blair upped their Q1 2025 earnings per share (EPS) estimates for shares of Tactile Systems Technology in a research note issued on Monday, February 24th. William Blair analyst M. Andrew now expects that the company will post earnings per share of ($0.12) for the quarter, up from their previous forecast of ($0.13). The consensus estimate for Tactile Systems Technology’s current full-year earnings is $0.70 per share. William Blair also issued estimates for Tactile Systems Technology’s Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.18 EPS, FY2025 earnings at $0.67 EPS, Q1 2026 earnings at ($0.06) EPS, Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.21 EPS, Q4 2026 earnings at $0.44 EPS and FY2026 earnings at $0.78 EPS.

Tactile Systems Technology (NASDAQ:TCMD) last posted 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 during 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%.

Several other equities research analysts also recently issued reports on TCMD. StockNews.com downgraded shares of Tactile Systems Technology from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 16th. Oppenheimer downgraded shares of Tactile Systems Technology from an “outperform” rating to a “market perform” rating in a research report on Tuesday, November 5th. BTIG Research cut shares of Tactile Systems Technology from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 5th. Finally, B. Riley cut shares of Tactile Systems Technology from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $23.00 to $18.00 in a research note on Wednesday, February 19th.

Tactile Systems Technology Trading Down 0.7 %

Shares of TCMD stock opened at $14.52 on Wednesday. The firm has a 50 day moving average price of $17.09 and a two-hundred day moving average price of $15.72. 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 capitalization of $342.45 million, a PE ratio of 20.74 and a beta of 1.20. Tactile Systems Technology has a 12-month low of $11.12 and a 12-month high of $21.10.

Insider Buying and Selling

In related news, CFO Elaine M. Birkemeyer sold 3,778 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $14.70, for a total value of $55,536.60. Following the transaction, the chief financial officer now owns 104,098 shares in the company, valued at $1,530,240.60. The trade was a 3.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Kristie Burns sold 4,830 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $14.65, for a total transaction of $70,759.50. Following the completion of the transaction, the vice president now owns 84,008 shares in the company, valued at approximately $1,230,717.20. The trade was a 5.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,546 shares of company stock valued at $285,444 over the last 90 days. 0.96% of the stock is owned by insiders.

Hedge Funds Weigh In On Tactile Systems Technology

Several institutional investors have recently made changes to their positions in TCMD. Millennium Management LLC acquired a new position in shares of Tactile Systems Technology during the fourth quarter valued at about $2,793,000. Norges Bank acquired a new position in shares of Tactile Systems Technology during the fourth quarter valued at about $2,534,000. Renaissance Technologies LLC raised its holdings in shares of Tactile Systems Technology by 44.0% during the fourth quarter. Renaissance Technologies LLC now owns 451,100 shares of the company’s stock valued at $7,727,000 after purchasing an additional 137,900 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Tactile Systems Technology during the fourth quarter valued at about $1,328,000. Finally, Dimensional Fund Advisors LP raised its holdings 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 worth $15,444,000 after acquiring an additional 67,934 shares during the last quarter. Institutional investors and hedge funds own 83.43% of the company’s stock.

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.