Tactile Systems Technology Inc (TCMD) Stock Forecast & Price Target
Tactile Systems Technology Inc · NASDAQ
$27.73-0.03 (-0.11%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 4 firms covering Tactile Systems Technology Inc, 4 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $32.00 to $42.00, so the covering firms are broadly aligned. The average target of $37.50 sits 35% above the current $27.73. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 3 to 4 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.39 next quarter toward $1.50 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS4 ratings
Strong Buy
Strong Buy00%
Buy4100%
Hold00%
Sell00%
Strong Sell00%
Based on 4 analysts giving stock ratings to Tactile Systems Technology Inc.
As of Jul, 4 of 4 firms rate TCMD a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
TCMD EPS & revenue forecast
EPS · NEXT QUARTER
$0.39
Range $0.37 – $0.41 · 2 analysts · +8% YoY
Next period, 2 analysts expect Tactile Systems Technology Inc to earn $0.39 a share (range $0.37 – $0.41), versus $0.36 a year earlier. Full-year consensus is $1.09, growing to $1.50 the year after.
REVENUE · NEXT QUARTER
$93.6M
Range $93.2M – $94.1M · 2 analysts · +9% YoY
Revenue is expected to reach $93.6M (range $93.2M – $94.1M), +9.1% year-over-year. Full-year consensus is $364.8M, rising to $397.6M next year.
Top analysts covering Tactile Systems Technology Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on TCMD.
#1
Ryan Zimmerman
BTIG
Buy
$40.00+44.2% to target
Coverage
—
+ Follow
#2
KB
Kyle Bauser
B. Riley Securities
Buy
$36.00+29.8% to target
Coverage
—
+ Follow
#3
Adam Maeder
Piper Sandler
Buy
$42.00+51.5% to target
Coverage
—
+ Follow
#4
BH
Ben Haynor
Lake Street
Buy
$40.00+44.2% to target
Coverage
—
+ Follow
#5
Suraj Kalia
Oppenheimer
Hold
No targeton TCMD
Coverage
—
+ Follow
TCMD stock forecast FAQ
What is TCMD's average 12-month price target?+
The 4 analysts with a live target average $37.50 for Tactile Systems Technology Inc over the next 12 months, ranging from a $42.00 high to a $32.00 low.
Is TCMD stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 4 analyst ratings, 4 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for TCMD?+
The Street-high target is $42.00 (Piper Sandler), and the Street-low is $32.00 (Lake Street). The average of all 4 active targets is $37.50.
How many Wall Street analysts cover TCMD?+
4 analysts have an active rating on Tactile Systems Technology Inc, and 4 firms carry a live 12-month price target.
Who is the most accurate analyst covering TCMD?+
Among analysts who currently cover TCMD, Ryan Zimmerman of BTIG has the strongest overall Quantellect track record. Their current call is Buy with a $40.00 target.
What is Tactile Systems Technology Inc's projected EPS for next quarter?+
The consensus estimate is $0.39 per share (range $0.37 – $0.41) across 2 analysts. Full-year EPS is projected at $1.09, rising to $1.50 the following year.
How much revenue is Tactile Systems Technology Inc expected to report next quarter?+
Consensus revenue is $93.6M (range $93.2M – $94.1M). Full-year revenue is projected at $364.8M, growing to $397.6M next year.
Have analysts been upgrading or downgrading TCMD lately?+
As of Jul, 4 of 4 firms rate TCMD a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their TCMD calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
