During the last session, Tactile Systems Technology Inc (NASDAQ:TCMD)’s traded shares were 0.3 million, with the beta value of the company hitting 0.94. At the end of the trading day, the stock’s price was $9.88, reflecting an intraday loss of -0.20% or -$0.02. The 52-week high for the TCMD share is $21.10, that puts it down -113.56 from that peak though still a striking 12.85% gain since the share price plummeted to a 52-week low of $8.61. The company’s market capitalization is $229.70M, and the average trade volume was 302.75K shares over the past three months.
Tactile Systems Technology Inc (TCMD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.60. TCMD has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.14.
Tactile Systems Technology Inc (NASDAQ:TCMD) trade information
Tactile Systems Technology Inc (TCMD) registered a -0.20% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.20% in intraday trading to $9.88, hitting a weekly high. The stock’s 5-day price performance is 0.71%, and it has moved by -30.03% in 30 days. Based on these gigs, the overall price performance for the year is -22.08%.
The consensus price target of analysts on Wall Street is $14, which implies an increase of 29.43% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $14 and $14 respectively. As a result, TCMD is trading at a discount of -41.7% off the target high and -41.7% off the low.
Tactile Systems Technology Inc (TCMD) estimates and forecasts
In the rating firms’ projections, revenue will increase 5.85% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 73.93M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 80.51M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 73.22M and 73.09M respectively. In this case, analysts expect current quarter sales to grow by 0.98% and then jump by 10.15% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.69%. While earnings are projected to return -20.71% in 2025, the next five years will return 28.92% per annum.
TCMD Dividends
Tactile Systems Technology Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 2.12 million shares, is of CADIAN CAPITAL MANAGEMENT, LP’s that is approximately 8.8843% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $25.32 million.
Also, the Mutual Funds coming in first place with the largest holdings of Tactile Systems Technology Inc (TCMD) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 716.62 shares. This amounts to just over 3.08 percent of the company’s overall shares, with a $7.08 million market value. The same data shows that the other fund manager holds slightly less at 632.94, or about 2.72% of the stock, which is worth about $6.25 million.
