Quarterly Metrics: Quick and Current Ratios for Tactile Systems Technology Inc (TCMD)

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As of close of business last night, Tactile Systems Technology Inc’s stock clocked out at $13.69, up 0.44% from its previous closing price of $13.63. In other words, the price has increased by $0.44 from its previous closing price. On the day, 0.73 million shares were traded. TCMD stock price reached its highest trading level at $13.9 during the session, while it also had its lowest trading level at $13.4401.

Ratios:

To gain a deeper understanding of TCMD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.40. For the most recent quarter (mrq), Quick Ratio is recorded 3.63 and its Current Ratio is at 4.26. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.22.

BTIG Research Upgraded its Neutral to Buy on August 07, 2019, while the target price for the stock was maintained at $62.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 08 ’24 when BURKE WILLIAM W sold 2,500 shares for $14.06 per share. The transaction valued at 35,150 led to the insider holds 25,273 shares of the business.

Burns Kristie sold 815 shares of TCMD for $11,713 on May 06 ’24. The Sr. VP Mktg & Clinical Affairs now owns 62,574 shares after completing the transaction at $14.37 per share. On Feb 29 ’24, another insider, REUVERS DANIEL L., who serves as the President and CEO of the company, sold 1,396 shares for $15.25 each. As a result, the insider received 21,289 and left with 238,027 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TCMD now has a Market Capitalization of 325304512 and an Enterprise Value of 313588032. As of this moment, Tactile’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.58, and their Forward P/E ratio for the next fiscal year is 15.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 1.133 whereas that against EBITDA is 14.067.

Stock Price History:

The Beta on a monthly basis for TCMD is 1.26, which has changed by -0.34151036 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, TCMD has reached a high of $26.11, while it has fallen to a 52-week low of $9.69. The 50-Day Moving Average of the stock is -9.19%, while the 200-Day Moving Average is calculated to be -7.51%.

Shares Statistics:

It appears that TCMD traded 295.31K shares on average per day over the past three months and 272830 shares per day over the past ten days. A total of 23.60M shares are outstanding, with a floating share count of 23.14M. Insiders hold about 2.63% of the company’s shares, while institutions hold 90.09% stake in the company. Shares short for TCMD as of 1714435200 were 1336129 with a Short Ratio of 4.52, compared to 1711584000 on 1183856. Therefore, it implies a Short% of Shares Outstanding of 1336129 and a Short% of Float of 5.6700002.

Earnings Estimates

The market rating for Tactile Systems Technology Inc (TCMD) is a result of the insights provided by 4.0 analysts actively involved in the assessment.On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.16 and a low estimate of $0.06, while EPS last year was $0. The consensus estimate for the next quarter is $0.18, with high estimates of $0.19 and low estimates of $0.17.

Analysts are recommending an EPS of between $0.61 and $0.53 for the fiscal current year, implying an average EPS of $0.57. EPS for the following year is $0.88, with 4.0 analysts recommending between $1.09 and $0.68.

Revenue Estimates

In the current quarter, 4 analysts expect revenue to total $72.8M. It ranges from a high estimate of $73.4M to a low estimate of $72.5M. As of the current estimate, Tactile Systems Technology Inc’s year-ago sales were $68.34MFor the next quarter, 4 analysts are estimating revenue of $79.07M. There is a high estimate of $79.4M for the next quarter, whereas the lowest estimate is $78.2M.

A total of 4 analysts have provided revenue estimates for TCMD’s current fiscal year. The highest revenue estimate was $303.4M, while the lowest revenue estimate was $302.5M, resulting in an average revenue estimate of $302.95M. In the same quarter a year ago, actual revenue was $274.42MBased on 4 analysts’ estimates, the company’s revenue will be $341.15M in the next fiscal year. The high estimate is $344.4M and the low estimate is $339.4M.

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