Tactile Systems Technology Stock Today

TCMD Stock  USD 14.62  0.28  1.88%   

Performance

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Odds Of Distress

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Tactile Systems is trading at 14.62 as of the 25th of February 2025, a 1.88 percent decrease since the beginning of the trading day. The stock's lowest day price was 14.14. Tactile Systems has only a 7 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Note, on November 21, 2024, Senator Tina Smith of US Senate acquired $50k to $100k worth of Tactile Systems Tech's common stock.
Business Domain
Health Care Equipment & Services
IPO Date
28th of July 2016
Category
Healthcare
Classification
Health Care
Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. The company was incorporated in 1995 and is headquartered in Minneapolis, Minnesota. The company has 24 M outstanding shares of which 1.43 M shares are at this time shorted by private and institutional investors with about 6.79 trading days to cover. More on Tactile Systems Technology

Moving together with Tactile Stock

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Follow Valuation Options Odds of Bankruptcy
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Tactile Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOSheri Dodd
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.310.9834
Significantly Up
Slightly volatile
Gross Profit Margin0.790.6526
Fairly Up
Slightly volatile
Total Current Liabilities27 M40.7 M
Way Down
Slightly volatile
Non Current Liabilities Total26 M40.6 M
Way Down
Slightly volatile
Total Assets162.4 M297.9 M
Way Down
Slightly volatile
Total Current Assets100.1 M177.6 M
Way Down
Slightly volatile
Debt Levels
Tactile Systems can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tactile Systems' financial leverage. It provides some insight into what part of Tactile Systems' total assets is financed by creditors.
Liquidity
Tactile Systems Technology currently holds 18.93 M in liabilities with Debt to Equity (D/E) ratio of 0.66, which is about average as compared to similar companies. Tactile Systems Tech has a current ratio of 2.26, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Tactile Systems' use of debt, we should always consider it together with its cash and equity.

Change To Inventory

4.05 Million
Tactile Systems Technology (TCMD) is traded on NASDAQ Exchange in USA. It is located in 3701 Wayzata Boulevard, Minneapolis, MN, United States, 55416 and employs 1,037 people. Tactile Systems is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 415.87 M. Tactile Systems Tech conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 24 M outstanding shares of which 1.43 M shares are at this time shorted by private and institutional investors with about 6.79 trading days to cover. Tactile Systems Technology currently holds about 23.35 M in cash with 40.66 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16.
Check Tactile Systems Probability Of Bankruptcy
Ownership Allocation
Tactile Systems Tech shows a total of 24 Million outstanding shares. The majority of Tactile Systems Tech outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tactile Systems to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tactile Systems Tech. Please pay attention to any change in the institutional holdings of Tactile Systems Technology as this could imply that something significant has changed or is about to change at the company. On November 21, 2024, Senator Tina Smith of US Senate acquired $50k to $100k worth of Tactile Systems Tech's common stock.
Check Tactile Ownership Details

Tactile Stock Institutional Holders

InstituionRecorded OnShares
Pinnacle Associates Inc2024-12-31
322.5 K
Punch & Associates Inv Mgmt Inc2024-12-31
210 K
Northern Trust Corp Usd2024-12-31
205.9 K
Northern Trust Corp Usd2024-12-31
205.9 K
Goldman Sachs Asset Management, L.p.2024-12-31
183 K
Cadian Capital Management Lp2024-12-31
1.7 M
Paradigm Capital Management, Inc.2024-12-31
1.7 M
Dimensional Fund Advisors, Inc.2024-12-31
901.6 K
Nuveen Asset Management, Llc2024-09-30
885.2 K
Deutsche Bank Ag2024-12-31
616.6 K
Royce & Associates, Lp2024-12-31
547.1 K
View Tactile Systems Diagnostics

Tactile Systems Historical Income Statement

At present, Tactile Systems' EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 34 M, whereas Interest Expense is forecasted to decline to about 1.8 M. View More Fundamentals

Tactile Stock Against Markets

Tactile Systems Corporate Management

Peter SchaubachChief OfficerProfile
John KaercherChief OfficerProfile
Sherri FerstlerSenior SalesProfile
Sunday HoyVP OfficerProfile
Eric PaulsVP SalesProfile
Jerry SauberOperations, ManufacturingProfile
Janelle StropChief OfficerProfile
When determining whether Tactile Systems Tech is a strong investment it is important to analyze Tactile Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tactile Systems' future performance. For an informed investment choice regarding Tactile Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tactile Systems Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tactile Systems. If investors know Tactile will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tactile Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Earnings Share
0.65
Revenue Per Share
11.991
Quarterly Revenue Growth
0.05
Return On Assets
0.0462
The market value of Tactile Systems Tech is measured differently than its book value, which is the value of Tactile that is recorded on the company's balance sheet. Investors also form their own opinion of Tactile Systems' value that differs from its market value or its book value, called intrinsic value, which is Tactile Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tactile Systems' market value can be influenced by many factors that don't directly affect Tactile Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tactile Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tactile Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tactile Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.