William Blair Has Bullish Forecast for TCMD FY2025 Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMD) – Stock analysts at William Blair boosted their FY2025 earnings estimates for Tactile Systems Technology in a research note issued on Tuesday, November 4th. William Blair analyst B. Vazquez now expects that the company will post earnings per share of $0.78 for the year, up from their previous estimate of $0.60. William Blair currently has a “Strong-Buy” rating on the stock. 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 Q1 2026 earnings at ($0.06) EPS, Q1 2027 earnings at ($0.01) EPS and Q2 2027 earnings at $0.27 EPS.

Tactile Systems Technology (NASDAQ:TCMD) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.20. The business had revenue of $85.76 million for the quarter, compared to analysts’ expectations of $79.31 million. Tactile Systems Technology had a net margin of 5.06% and a return on equity of 7.72%. Tactile Systems Technology has set its FY 2025 guidance at EPS.

Several other brokerages have also commented on TCMD. Lake Street Capital raised their price objective on Tactile Systems Technology from $23.50 to $32.00 and gave the company a “buy” rating in a research report on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Tactile Systems Technology in a research report on Wednesday, October 8th. Wall Street Zen raised Tactile Systems Technology from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 1st. Piper Sandler reissued a “neutral” rating and set a $20.00 price objective (up previously from $14.00) on shares of Tactile Systems Technology in a research report on Tuesday. Finally, B. Riley reissued a “neutral” rating and set a $13.00 price objective (up previously from $12.00) on shares of Tactile Systems Technology in a research report on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Tactile Systems Technology currently has an average rating of “Moderate Buy” and an average price target of $21.67.

Tactile Systems Technology Stock Performance

NASDAQ:TCMD opened at $24.21 on Thursday. The stock has a market cap of $539.69 million, a P/E ratio of 39.05 and a beta of 1.06. The firm’s fifty day simple moving average is $14.58 and its 200 day simple moving average is $12.23. Tactile Systems Technology has a twelve month low of $8.61 and a twelve month high of $24.59. The company has a quick ratio of 3.36, a current ratio of 3.79 and a debt-to-equity ratio of 0.11.

Insider Activity

In other news, CEO Sheri Louise Dodd sold 7,762 shares of Tactile Systems Technology stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $12.36, for a total value of $95,938.32. Following the completion of the transaction, the chief executive officer owned 173,479 shares of the company’s stock, valued at $2,144,200.44. The trade was a 4.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Tactile Systems Technology

Several large investors have recently modified their holdings of TCMD. Acadian Asset Management LLC raised its position in shares of Tactile Systems Technology by 248.3% in the 2nd quarter. Acadian Asset Management LLC now owns 683,662 shares of the company’s stock worth $6,930,000 after purchasing an additional 487,392 shares during the last quarter. Federated Hermes Inc. raised its position in shares of Tactile Systems Technology by 42.7% in the 2nd quarter. Federated Hermes Inc. now owns 551,561 shares of the company’s stock worth $5,593,000 after purchasing an additional 165,163 shares during the last quarter. Norges Bank purchased a new position in shares of Tactile Systems Technology in the 2nd quarter worth about $1,464,000. Paradigm Capital Management Inc. NY raised its position in shares of Tactile Systems Technology by 5.9% in the 2nd quarter. Paradigm Capital Management Inc. NY now owns 1,618,600 shares of the company’s stock worth $16,413,000 after purchasing an additional 89,600 shares during the last quarter. Finally, Victory Capital Management Inc. purchased a new position in shares of Tactile Systems Technology in the 1st quarter worth about $1,160,000. Hedge funds and other institutional investors own 83.43% of the company’s stock.

Tactile Systems Technology Company Profile

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.