Tactile Systems Technology Stock Today
| TCMD Stock | USD 18.92 1.07 5.99% |
Performance13 of 100
| Odds Of DistressLess than 1
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Tactile Systems is trading at 18.92 as of the 25th of November 2024, a 5.99 percent increase since the beginning of the trading day. The stock's lowest day price was 18.6. Tactile Systems has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Note, on November 21, 2024, Senator Tina Smith of US Senate acquired $50k to $100k worth of Tactile Systems Tech's common stock.
Business Domain Health Care Equipment & Services | IPO Date 28th of July 2016 | Category Healthcare | Classification Health Care |
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. The company has 24 M outstanding shares of which 1.26 M shares are at this time shorted by private and institutional investors with about 9.67 trading days to cover. More on Tactile Systems Technology
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Tactile Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO Director | Sheri Dodd | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsTactile Systems can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tactile Systems' financial leverage. It provides some insight into what part of Tactile Systems' total assets is financed by creditors.
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Tactile Systems Technology (TCMD) is traded on NASDAQ Exchange in USA. It is located in 3701 Wayzata Boulevard, Minneapolis, MN, United States, 55416 and employs 992 people. Tactile Systems is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 428.35 M. Tactile Systems Tech conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 24 M outstanding shares of which 1.26 M shares are at this time shorted by private and institutional investors with about 9.67 trading days to cover.
Tactile Systems Technology currently holds about 23.35 M in cash with 35.85 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16.
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Ownership AllocationThe majority of Tactile Systems Tech outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tactile Systems to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tactile Systems Tech. Please pay attention to any change in the institutional holdings of Tactile Systems Technology as this could imply that something significant has changed or is about to change at the company. On November 21, 2024, Senator Tina Smith of US Senate acquired $50k to $100k worth of Tactile Systems Tech's common stock.
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Tactile Stock Institutional Holders
| Instituion | Recorded On | 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 Systems Historical Income Statement
Tactile Stock Against Markets
Tactile Systems Corporate Management
| Peter Schaubach | Chief Officer | Profile | |
| John Kaercher | Chief Officer | Profile | |
| Sherri Ferstler | Senior Sales | Profile | |
| Sunday Hoy | VP Officer | Profile | |
| Eric Pauls | VP Sales | Profile | |
| Jerry Sauber | Operations, Manufacturing | Profile | |
| Janelle Strop | Chief Officer | Profile |
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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.