Tactile Systems Technology Inc [TCMD] stock is trading at $13.69, up 1.18%. An important factor to consider is whether the stock is rising or falling in short-term value. The TCMD shares have gain 4.90% over the last week, with a monthly amount glided 10.05%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Tactile Systems Technology Inc [NASDAQ: TCMD] stock has seen the most recent analyst activity on November 13, 2020, when Oppenheimer upgraded its rating to a Outperform but kept the price target unchanged to $55 for it. On August 07, 2019, upgrade upgraded it’s rating to Buy but maintained its price target of $62 on the stock. Dougherty & Company started tracking the stock assigning a Buy rating and suggested a price target of $80 on June 13, 2019. Northland Capital upgraded its rating to a Market Perform. Northland Capital downgraded its rating to Under Perform for this stock on June 04, 2018. In a note dated February 27, 2018, Northland Capital downgraded an Market Perform rating on this stock.
Tactile Systems Technology Inc [TCMD] stock has fluctuated between $9.69 and $19.80 over the past year. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Tactile Systems Technology Inc [NASDAQ: TCMD] shares were valued at $13.69 at the most recent close of the market. An investor can expect a potential return of 16.87% based on the average TCMD price forecast.
Analyzing the TCMD fundamentals
Tactile Systems Technology Inc [NASDAQ:TCMD] reported sales of 281.54M for the trailing twelve months, which represents a growth of 7.14%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.17 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.42 points at the first support level, and at 13.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.90, and for the 2nd resistance point, it is at 14.11.
Ratios To Look Out For
For context, Tactile Systems Technology Inc’s Current Ratio is 4.44. On the other hand, the Quick Ratio is 3.89, and the Cash Ratio is 2.15. Considering the valuation of this stock, the price to sales ratio is 1.17, the price to book ratio is 1.63 and price to earnings (TTM) ratio is 10.03.
Transactions by insiders
Recent insider trading involved Ferstler Sherri Lee, Senior VP, Sales, that happened on Aug 12 ’24 when 1550.0 shares were sold. Officer, Ferstler Sherri Lee completed a deal on Aug 12 ’24 to buy 1550.0 shares. Meanwhile, Chief Financial Officer Birkemeyer Elaine M. sold 3041.0 shares on May 16 ’24.
