Tactile Systems Technology (TCMD) Projected to Post Earnings on Tuesday

Tactile Systems Technology (NASDAQ:TCMD) will likely be releasing its earnings data before the market opens on Tuesday, February 18th. Analysts expect Tactile Systems Technology to post earnings of $0.31 per share and revenue of $85.39 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Tactile Systems Technology Trading Down 1.1 %

Shares of NASDAQ:TCMD opened at $16.90 on Tuesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.37 and a quick ratio of 3.80. Tactile Systems Technology has a 1 year low of $11.12 and a 1 year high of $21.10. The company has a market cap of $405.55 million, a P/E ratio of 26.00 and a beta of 1.20. The stock’s fifty day moving average price is $17.64 and its 200-day moving average price is $15.43.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. BTIG Research downgraded shares of Tactile Systems Technology from a “buy” rating to a “neutral” rating in a report on Tuesday, November 5th. Oppenheimer cut shares of Tactile Systems Technology from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 5th. Finally, StockNews.com lowered shares of Tactile Systems Technology from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 16th.

About Tactile Systems Technology

Tactile Systems Technology, Inc, a medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States. It offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema in the home setting; and Entre Plus System, a portable pneumatic compression device for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers.