Tactile Systems Stock Forecast - Day Typical Price

TCMD Stock  USD 17.85  1.91  11.98%   
Tactile Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tactile Systems stock prices and determine the direction of Tactile Systems Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tactile Systems' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Tactile Systems' Receivables Turnover is projected to increase slightly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 1.33, whereas Payables Turnover is forecasted to decline to 6.75. . As of November 22, 2024, Common Stock Shares Outstanding is expected to decline to about 19.1 M. The current year's Net Loss is expected to grow to about (15.3 M).
Tactile Systems Technology has current Day Typical Price of 17.23. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Tactile Systems Trading Date Momentum

On November 22 2024 Tactile Systems Technology was traded for  17.85  at the closing time. The top price for the day was 17.90  and the lowest listed price was  15.94 . The trading volume for the day was 626.6 K. The trading history from November 22, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 10.70% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Tactile Systems

For every potential investor in Tactile, whether a beginner or expert, Tactile Systems' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tactile Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tactile. Basic forecasting techniques help filter out the noise by identifying Tactile Systems' price trends.

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 Risk & Return  Correlation

Tactile Systems Tech Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Tactile Systems' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Tactile Systems' current price.

Tactile Systems Market Strength Events

Market strength indicators help investors to evaluate how Tactile Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tactile Systems shares will generate the highest return on investment. By undertsting and applying Tactile Systems stock market strength indicators, traders can identify Tactile Systems Technology entry and exit signals to maximize returns.

Tactile Systems Risk Indicators

The analysis of Tactile Systems' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Tactile Systems' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tactile stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Historical Fundamental Analysis of Tactile Systems to cross-verify your projections.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.