Tactile Systems Technology Stock Analysis

TCMD Stock  USD 18.92  1.07  5.99%   
Tactile Systems Technology is undervalued with Real Value of 23.99 and Target Price of 27.33. The main objective of Tactile Systems stock analysis is to determine its intrinsic value, which is an estimate of what Tactile Systems Technology is worth, separate from its market price. There are two main types of Tactile Systems' stock analysis: fundamental analysis and technical analysis.
The Tactile Systems stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Tactile Systems' ongoing operational relationships across important fundamental and technical indicators.
  
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.

Tactile Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The book value of Tactile Systems was at this time reported as 8.66. The company had not issued any dividends in recent years. 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. Tactile Systems operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 988 people. To find out more about Tactile Systems Technology contact Sheri Dodd at 612 355 5100 or learn more at https://tactilemedical.com.

Tactile Systems Quarterly Total Revenue

73.09 Million

Tactile Systems Tech Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Tactile Systems' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Tactile Systems Technology or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Tactile Systems Tech appears to be risky and price may revert if volatility continues
Tactile Systems Tech is unlikely to experience financial distress in the next 2 years
Tactile Systems Tech has a very strong financial position based on the latest SEC filings
Over 98.0% of the company shares are owned by institutional investors
Latest headline from thelincolnianonline.com: Tactile Systems Technology Stock Acquired Sen. Tina Smith

Tactile Systems Tech Upcoming and Recent Events

20th of February 2024
Upcoming Quarterly Report
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13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Tactile Largest EPS Surprises

Earnings surprises can significantly impact Tactile Systems' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-11-04
2024-09-300.180.210.0316 
2024-05-06
2024-03-31-0.11-0.080.0327 
2022-11-07
2022-09-30-0.08-0.11-0.0337 
View All Earnings Estimates

Tactile Systems Environmental, Social, and Governance (ESG) Scores

Tactile Systems' ESG score is a quantitative measure that evaluates Tactile Systems' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Tactile Systems' operations that may have significant financial implications and affect Tactile Systems' stock price as well as guide investors towards more socially responsible investments.

Tactile Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2024-09-30
558.7 K
Kennedy Capital Management Inc2024-09-30
441.2 K
Federated Hermes Inc2024-09-30
434.1 K
Next Century Growth Investors Llc2024-06-30
386 K
Ameriprise Financial Inc2024-06-30
316.3 K
Renaissance Technologies Corp2024-09-30
313.2 K
Blair William & Co2024-06-30
293.9 K
Aqr Capital Management Llc2024-06-30
269.4 K
Tocqueville Asset Management L.p.2024-09-30
266.7 K
Morgan Stanley - Brokerage Accounts2024-06-30
3.8 M
Blackrock Inc2024-06-30
2.4 M
Note, although Tactile Systems' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Tactile Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 428.35 M.

Tactile Profitablity

The company has Profit Margin (PM) of 0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.09 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.09.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.14  0.15 
Return On Capital Employed 0.08  0.06 
Return On Assets 0.10  0.11 
Return On Equity 0.15  0.15 

Management Efficiency

Tactile Systems Tech has return on total asset (ROA) of 0.0462 % which means that it generated a profit of $0.0462 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0791 %, meaning that it created $0.0791 on every $100 dollars invested by stockholders. Tactile Systems' management efficiency ratios could be used to measure how well Tactile Systems manages its routine affairs as well as how well it operates its assets and liabilities. At present, Tactile Systems' Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.15, whereas Return On Capital Employed is forecasted to decline to 0.06. At present, Tactile Systems' Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 62.1 M, whereas Non Currrent Assets Other are forecasted to decline to about 2.3 M.
Last ReportedProjected for Next Year
Book Value Per Share 8.45  8.87 
Tangible Book Value Per Share 5.05  2.98 
Enterprise Value Over EBITDA 12.92  13.57 
Price Book Value Ratio 1.69  1.61 
Enterprise Value Multiple 12.92  13.57 
Price Fair Value 1.69  1.61 
Enterprise Value317.2 M365.4 M
Tactile Systems Tech has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Operating Margin
0.0928
Profit Margin
0.0542
Beta
1.173
Return On Assets
0.0462
Return On Equity
0.0791

Technical Drivers

As of the 26th of November, Tactile Systems has the Coefficient Of Variation of 521.57, risk adjusted performance of 0.1546, and Semi Deviation of 2.38. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tactile Systems Tech, as well as the relationship between them. Please validate Tactile Systems Tech variance, as well as the relationship between the maximum drawdown and semi variance to decide if Tactile Systems is priced more or less accurately, providing market reflects its prevalent price of 18.92 per share. Given that Tactile Systems Tech has jensen alpha of 0.3821, we advise you to double-check Tactile Systems Technology's current market performance to make sure the company can sustain itself at a future point.

Tactile Systems Tech Price Movement Analysis

Execute Study
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Tactile Systems middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Tactile Systems Tech. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Tactile Systems Tech Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tactile Systems insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tactile Systems' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tactile Systems insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Tactile Systems Outstanding Bonds

Tactile Systems issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tactile Systems Tech uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tactile bonds can be classified according to their maturity, which is the date when Tactile Systems Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Tactile Systems Predictive Daily Indicators

Tactile Systems intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tactile Systems stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Tactile Systems Corporate Filings

13A
13th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
13A
8th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
8K
4th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
14th of August 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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F4
9th of August 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
5th of August 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
10th of July 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
5th of July 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Tactile Systems Forecast Models

Tactile Systems' time-series forecasting models are one of many Tactile Systems' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tactile Systems' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Tactile Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Tactile Systems prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Tactile shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Tactile Systems. By using and applying Tactile Stock analysis, traders can create a robust methodology for identifying Tactile entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.06  0.03 
Operating Profit Margin 0.07  0.04 
Net Profit Margin 0.10  0.11 
Gross Profit Margin 0.71  0.79 

Current Tactile Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Tactile analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Tactile analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
27.33Buy5Odds
Tactile Systems Technology current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Tactile analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Tactile stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Tactile Systems Tech, talking to its executives and customers, or listening to Tactile conference calls.
Tactile Analyst Advice Details

Tactile Stock Analysis Indicators

Tactile Systems Technology stock analysis indicators help investors 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 understating and applying Tactile Systems stock analysis, traders can identify Tactile Systems position entry and exit signals to maximize returns.
Begin Period Cash Flow21.9 M
Long Term Debt26.2 M
Common Stock Shares Outstanding23.2 M
Total Stockholder Equity193.6 M
Tax Provision-12.7 M
Quarterly Earnings Growth Y O Y-0.777
Property Plant And Equipment Net25.3 M
Cash And Short Term Investments61 M
Cash61 M
Accounts Payable6.7 M
Net Debt-10.7 M
50 Day M A14.6593
Total Current Liabilities41.1 M
Other Operating Expenses256.4 M
Non Current Assets Total136.1 M
Forward Price Earnings19.4175
Non Currrent Assets Other2.4 M
Stock Based Compensation7.5 M

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When running Tactile Systems' price analysis, check to measure Tactile Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tactile Systems is operating at the current time. Most of Tactile Systems' value examination focuses on studying past and present price action to predict the probability of Tactile Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tactile Systems' price. Additionally, you may evaluate how the addition of Tactile Systems to your portfolios can decrease your overall portfolio volatility.
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