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.
Tactile |
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 |
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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 | View | |
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 | 2024-09-30 | 0.18 | 0.21 | 0.03 | 16 | ||
2024-05-06 | 2024-03-31 | -0.11 | -0.08 | 0.03 | 27 | ||
2022-11-07 | 2022-09-30 | -0.08 | -0.11 | -0.03 | 37 |
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, Llc | 2024-09-30 | 558.7 K | Kennedy Capital Management Inc | 2024-09-30 | 441.2 K | Federated Hermes Inc | 2024-09-30 | 434.1 K | Next Century Growth Investors Llc | 2024-06-30 | 386 K | Ameriprise Financial Inc | 2024-06-30 | 316.3 K | Renaissance Technologies Corp | 2024-09-30 | 313.2 K | Blair William & Co | 2024-06-30 | 293.9 K | Aqr Capital Management Llc | 2024-06-30 | 269.4 K | Tocqueville Asset Management L.p. | 2024-09-30 | 266.7 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.8 M | Blackrock Inc | 2024-06-30 | 2.4 M |
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 Reported | Projected 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 Reported | Projected 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 Value | 317.2 M | 365.4 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
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.
Sherri Ferstler over three months ago Disposition of 1550 shares by Sherri Ferstler of Tactile Systems at 13.0726 subject to Rule 16b-3 | ||
Roche Kevin H over six months ago Acquisition by Roche Kevin H of 6391 shares of Tactile Systems at 21.68 subject to Rule 16b-3 | ||
Volkart Carmen B over six months ago Acquisition by Volkart Carmen B of 3414 shares of Tactile Systems subject to Rule 16b-3 | ||
Elaine Birkemeyer over six months ago Acquisition by Elaine Birkemeyer of 2848 shares of Tactile Systems subject to Rule 16b-3 | ||
Thompson Maggie over six months ago Exercise or conversion by Thompson Maggie of 4425 shares of Tactile Systems subject to Rule 16b-3 | ||
Washington Boyd Vindell over a year ago Acquisition by Washington Boyd Vindell of 8700 shares of Tactile Systems subject to Rule 16b-3 | ||
Volkart Carmen B over a year ago Acquisition by Volkart Carmen B of 3414 shares of Tactile Systems subject to Rule 16b-3 |
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.
Boeing Co 2196 Corp BondUS097023DG73 | View | |
HSBC Holdings PLC Corp BondUS404280DR76 | View | |
MGM Resorts International Corp BondUS552953CD18 | View | |
AerCap Global Aviation Corp BondUS00773HAA59 | View |
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.
Accumulation Distribution | 44816.43 | |||
Daily Balance Of Power | 1.126316 | |||
Rate Of Daily Change | 1.06 | |||
Day Median Price | 19.08 | |||
Day Typical Price | 19.02 | |||
Price Action Indicator | 0.38 | |||
Period Momentum Indicator | 1.07 | |||
Relative Strength Index | 58.72 |
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 | ViewVerify |
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 Reported | Projected 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 Price | Advice | # of Analysts | |
27.33 | Buy | 5 | Odds |
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 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 Flow | 21.9 M | |
Long Term Debt | 26.2 M | |
Common Stock Shares Outstanding | 23.2 M | |
Total Stockholder Equity | 193.6 M | |
Tax Provision | -12.7 M | |
Quarterly Earnings Growth Y O Y | -0.777 | |
Property Plant And Equipment Net | 25.3 M | |
Cash And Short Term Investments | 61 M | |
Cash | 61 M | |
Accounts Payable | 6.7 M | |
Net Debt | -10.7 M | |
50 Day M A | 14.6593 | |
Total Current Liabilities | 41.1 M | |
Other Operating Expenses | 256.4 M | |
Non Current Assets Total | 136.1 M | |
Forward Price Earnings | 19.4175 | |
Non Currrent Assets Other | 2.4 M | |
Stock Based Compensation | 7.5 M |
Complementary Tools for Tactile Stock analysis
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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