William Blair Has Bullish Forecast for TCMD FY2025 Earnings

Tactile Systems Technology, Inc. (NASDAQ:TCMD) – Research analysts at William Blair boosted their FY2025 earnings per share (EPS) estimates for shares of Tactile Systems Technology in a note issued to investors on Tuesday, November 4th. William Blair analyst B. Vazquez now anticipates that the company will post earnings of $0.78 per share for the year, up from their prior forecast 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.

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

Tactile Systems Technology Trading Up 9.2%

Shares of NASDAQ:TCMD opened at $24.21 on Thursday. The stock has a 50 day moving average of $14.58 and a 200 day moving average of $12.23. The company has a market cap of $539.69 million, a PE ratio of 39.05 and a beta of 1.06. The company has a current ratio of 3.79, a quick ratio of 3.36 and a debt-to-equity ratio of 0.11. Tactile Systems Technology has a 12-month low of $8.61 and a 12-month high of $24.59.

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

Institutional Trading of Tactile Systems Technology

Hedge funds have recently modified their holdings of the company. Oxford Asset Management LLP purchased a new stake in shares of Tactile Systems Technology during the 2nd quarter worth approximately $124,000. Pinnacle Wealth Management Advisory Group LLC purchased a new stake in shares of Tactile Systems Technology during the 2nd quarter worth approximately $134,000. EP Wealth Advisors LLC purchased a new stake in shares of Tactile Systems Technology during the 1st quarter worth approximately $138,000. Strs Ohio purchased a new stake in shares of Tactile Systems Technology during the 3rd quarter worth approximately $147,000. Finally, State of Wyoming raised its holdings in shares of Tactile Systems Technology by 185.0% during the 3rd quarter. State of Wyoming now owns 10,656 shares of the company’s stock worth $147,000 after acquiring an additional 6,917 shares in the last quarter. 83.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Sheri Louise Dodd sold 7,762 shares of the company’s stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $12.36, for a total transaction of $95,938.32. Following the sale, the chief executive officer directly owned 173,479 shares of the company’s stock, valued at $2,144,200.44. This represents a 4.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.50% of the stock is owned by company insiders.

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.