Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. More Details
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Tactile Systems Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TCMD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TCMD's weekly volatility (6%) has been stable over the past year.
7 Day Return
US Medical Equipment
1 Year Return
US Medical Equipment
Return vs Industry: TCMD underperformed the US Medical Equipment industry which returned 34.1% over the past year.
Return vs Market: TCMD underperformed the US Market which returned 39.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tactile Systems Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StSome Investors May Be Worried About Tactile Systems Technology's (NASDAQ:TCMD) Returns On Capital
2 months ago | Simply Wall StTactile Systems Technology (NASDAQ:TCMD) Shareholders Booked A 57% Gain In The Last Three Years
3 months ago | Simply Wall StHave Tactile Systems Technology, Inc. (NASDAQ:TCMD) Insiders Been Selling Their Stock?
Is Tactile Systems Technology undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TCMD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TCMD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TCMD is unprofitable, so we can't compare its PE Ratio to the US Medical Equipment industry average.
PE vs Market: TCMD is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TCMD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TCMD is overvalued based on its PB Ratio (8x) compared to the US Medical Equipment industry average (4.7x).
How is Tactile Systems Technology forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCMD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: TCMD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TCMD's is expected to become profitable in the next 3 years.
Revenue vs Market: TCMD's revenue (18.8% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: TCMD's revenue (18.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TCMD's Return on Equity is forecast to be high in 3 years time
How has Tactile Systems Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCMD is currently unprofitable.
Growing Profit Margin: TCMD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TCMD is unprofitable, and losses have increased over the past 5 years at a rate of 6.3% per year.
Accelerating Growth: Unable to compare TCMD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TCMD is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (11.1%).
Return on Equity
High ROE: TCMD has a negative Return on Equity (-1.26%), as it is currently unprofitable.
How is Tactile Systems Technology's financial position?
Financial Position Analysis
Short Term Liabilities: TCMD's short term assets ($122.5M) exceed its short term liabilities ($28.0M).
Long Term Liabilities: TCMD's short term assets ($122.5M) exceed its long term liabilities ($22.2M).
Debt to Equity History and Analysis
Debt Level: TCMD is debt free.
Reducing Debt: TCMD had no debt 5 years ago.
Debt Coverage: TCMD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TCMD has no debt, therefore coverage of interest payments is not a concern.
What is Tactile Systems Technology current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TCMD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TCMD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TCMD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TCMD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TCMD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Reuvers (57 yo)
Mr. Daniel L. Reuvers, also known as Dan, has been President, Chief Executive Officer and Director of Tactile Systems Technology, Inc. since June 8, 2020. He served as Executive Vice President and Presiden...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD2.25M) is about average for companies of similar size in the US market ($USD2.38M).
Compensation vs Earnings: Insufficient data to compare Dan's compensation with company performance.
Experienced Management: TCMD's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: TCMD's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.
Tactile Systems Technology, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Tactile Systems Technology, Inc.
- Ticker: TCMD
- Exchange: NasdaqGM
- Founded: 1995
- Industry: Health Care Equipment
- Sector: Healthcare
- Market Cap: US$996.890m
- Shares outstanding: 19.65m
- Website: https://www.tactilemedical.com
Number of Employees
- Tactile Systems Technology, Inc.
- 3701 Wayzata Boulevard
- Suite 300
- United States
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 offers Flexitouch Plus sys...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/19 04:23|
|End of Day Share Price||2021/06/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.