Tactile Systems Technology Stock Net Income

TCMD Stock  USD 15.05  0.33  2.15%   
Tactile Systems Technology fundamentals help investors to digest information that contributes to Tactile Systems' financial success or failures. It also enables traders to predict the movement of Tactile Stock. The fundamental analysis module provides a way to measure Tactile Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tactile Systems stock.
Last ReportedProjected for Next Year
Net Income17 M17.8 M
Net Income From Continuing Ops17 M17.8 M
Net Loss-16.1 M-15.3 M
Net Income Per Share 0.71  0.75 
Net Income Per E B T 0.72  1.09 
At present, Tactile Systems' Net Income From Continuing Ops is projected to increase significantly based on the last few years of reporting. The current year's Net Income Per Share is expected to grow to 0.75, whereas Net Loss is projected to grow to (15.3 M).
  
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Tactile Systems Technology Company Net Income Analysis

Tactile Systems' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Tactile Systems Net Income

    
  16.96 M  
Most of Tactile Systems' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tactile Systems Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Tactile Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Tactile Systems is extremely important. It helps to project a fair market value of Tactile Stock properly, considering its historical fundamentals such as Net Income. Since Tactile Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tactile Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tactile Systems' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Tactile Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

0.0

At present, Tactile Systems' Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Tactile Systems Technology reported net income of 16.96 M. This is 95.03% lower than that of the Health Care Equipment & Supplies sector and 92.88% lower than that of the Health Care industry. The net income for all United States stocks is 97.03% higher than that of the company.

Tactile Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tactile Systems' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tactile Systems could also be used in its relative valuation, which is a method of valuing Tactile Systems by comparing valuation metrics of similar companies.
17.0M132.4M17.5M5.2M100%
Tactile Systems is currently under evaluation in net income category among its peers.

Tactile Systems Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tactile Systems from analyzing Tactile Systems' financial statements. These drivers represent accounts that assess Tactile Systems' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tactile Systems' important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap869.5M375.3M230.4M327.8M409.1M364.2M
Enterprise Value843.0M430.9M280.7M317.2M333.7M357.2M

Tactile Systems ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tactile Systems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tactile Systems' managers, analysts, and investors.
51.5%
Environmental
59.1%
Governance
Social

Tactile Systems Institutional Holders

Institutional Holdings refers to the ownership stake in Tactile Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tactile Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tactile Systems' value.
Shares
State Street Corp2024-09-30
538.9 K
Kennedy Capital Management Inc2024-09-30
441.2 K
Federated Hermes Inc2024-09-30
434.1 K
Ameriprise Financial Inc2024-09-30
386.2 K
Renaissance Technologies Corp2024-09-30
313.2 K
Blair William & Co2024-09-30
289.9 K
Tocqueville Asset Management L.p.2024-12-31
266.7 K
Globeflex Capital, L.p.2024-12-31
251 K
Aqr Capital Management Llc2024-09-30
243 K
Blackrock Inc2024-09-30
2.4 M
Morgan Stanley - Brokerage Accounts2024-09-30
2.3 M

Tactile Fundamentals

Return On Equity0.0791
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Return On Asset0.0462
Profit Margin0.05 %
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Operating Margin0.09 %
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Current Valuation291.16 M
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Shares Outstanding24 M
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Shares Owned By Insiders2.03 %
Shares Owned By Institutions95.40 %
Number Of Shares Shorted1.43 M
Price To Earning23.07 X
Price To Book1.64 X
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Price To Sales1.21 X
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Revenue292.98 M
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Gross Profit208.33 M
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EBITDA32.37 M
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Net Income16.96 M
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Cash And Equivalents23.35 M
Cash Per Share1.16 X
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Total Debt18.93 M
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Debt To Equity0.66 %
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Current Ratio2.31 X
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Book Value Per Share8.66 X
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Cash Flow From Operations40.66 M
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Short Ratio6.79 X
Earnings Per Share0.65 X
Price To Earnings To Growth17.24 X
Target Price24.0
Beta1.21
Market Capitalization415.87 M
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Total Asset297.92 M
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Retained Earnings35.85 M
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Working Capital136.86 M
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Current Asset64.23 M
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Current Liabilities13.79 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31200%400%600%800%1,000%
Net Asset297.92 M

About Tactile Systems Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tactile Systems Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tactile Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tactile Systems Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

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 Tactile Systems Piotroski F Score and Tactile Systems Altman Z Score analysis.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.


 
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