Tactile Systems Technology Stock Buy Hold or Sell Recommendation
| TCMD Stock | USD 18.93 0.60 3.27% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Tactile Systems Technology is 'Strong Buy'. Macroaxis provides Tactile Systems buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TCMD positions.
Check out Tactile Systems Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Tactile and provide practical buy, sell, or hold advice based on investors' constraints. Tactile Systems Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Tactile |
Execute Tactile Systems Buy or Sell Advice
The Tactile recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tactile Systems Technology. Macroaxis does not own or have any residual interests in Tactile Systems Technology or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tactile Systems' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Tactile Systems Trading Alerts and Improvement Suggestions
| Tactile Systems Tech appears to be risky and price may revert if volatility continues | |
| Tactile Systems Tech is unlikely to experience financial distress in the next 2 years | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Investors Appear Satisfied With Tactile Systems Technology, Inc.s Prospects As Shares Rocket 26 |
Tactile Systems Returns Distribution Density
The distribution of Tactile Systems' historical returns is an attempt to chart the uncertainty of Tactile Systems' future price movements. The chart of the probability distribution of Tactile Systems daily returns describes the distribution of returns around its average expected value. We use Tactile Systems Technology price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tactile Systems returns is essential to provide solid investment advice for Tactile Systems.
| Mean Return | 0.60 | Value At Risk | -3.29 | Potential Upside | 5.99 | Standard Deviation | 3.17 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tactile Systems historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Tactile Stock Institutional Investors
| Shares | Geode Capital Management, Llc | 2024-09-30 | 558.7 K | Kennedy Capital Management Inc | 2024-09-30 | 441.2 K | Federated Hermes Inc | 2024-09-30 | 434.1 K | Next Century Growth Investors Llc | 2024-06-30 | 386 K | Ameriprise Financial Inc | 2024-06-30 | 316.3 K | Renaissance Technologies Corp | 2024-09-30 | 313.2 K | Blair William & Co | 2024-06-30 | 293.9 K | Aqr Capital Management Llc | 2024-06-30 | 269.4 K | Tocqueville Asset Management L.p. | 2024-09-30 | 266.7 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.8 M | Blackrock Inc | 2024-06-30 | 2.4 M |
Tactile Systems Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (7.9M) | 318K | 972K | (3.9M) | 597K | 626.9K | |
| Change In Cash | 2.7M | 25.1M | (19.6M) | (6.3M) | 39.1M | 41.1M | |
| Free Cash Flow | (3.5M) | 503K | 276K | 3.3M | 33.4M | 35.0M | |
| Depreciation | 3.5M | 2.8M | 3.7M | 6.3M | 6.5M | 6.9M | |
| Other Non Cash Items | 848K | 3.9M | (180K) | 11.9M | (2.5M) | (2.3M) | |
| Capital Expenditures | 6.0M | 2.3M | 2.4M | 1.9M | 2.3M | 3.0M | |
| Net Income | 11.0M | (620K) | (11.8M) | (17.9M) | 28.5M | 29.9M | |
| End Period Cash Flow | 22.8M | 47.9M | 28.2M | 21.9M | 61.0M | 64.1M | |
| Investments | 3.7M | 22.5M | (82.2M) | (1.9M) | (2.5M) | (2.6M) | |
| Change To Netincome | 9.7M | 13.5M | 20.2M | 21.4M | 24.7M | 25.9M | |
| Change Receivables | (9.1M) | (10.4M) | (5.6M) | (5.3M) | (4.8M) | (5.1M) |
Tactile Systems Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Tactile Systems or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Tactile Systems' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Tactile stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.41 | |
β | Beta against Dow Jones | 1.63 | |
σ | Overall volatility | 3.19 | |
Ir | Information ratio | 0.15 |
Tactile Systems Volatility Alert
Tactile Systems Technology currently demonstrates below-average downside deviation. It has Information Ratio of 0.15 and Jensen Alpha of 0.41. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tactile Systems' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tactile Systems' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Tactile Systems Fundamentals Vs Peers
Comparing Tactile Systems' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Tactile Systems' direct or indirect competition across all of the common fundamentals between Tactile Systems and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tactile Systems or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tactile Systems' fundamental indicators could also be used in its relative valuation, which is a method of valuing Tactile Systems by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tactile Systems to competition |
| Fundamentals | Tactile Systems | Peer Average |
| Return On Equity | 0.0791 | -0.31 |
| Return On Asset | 0.0462 | -0.14 |
| Profit Margin | 0.05 % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 404.73 M | 16.62 B |
| Shares Outstanding | 24 M | 571.82 M |
| Shares Owned By Insiders | 1.95 % | 10.09 % |
| Shares Owned By Institutions | 98.05 % | 39.21 % |
| Number Of Shares Shorted | 978.4 K | 4.71 M |
| Price To Earning | 23.07 X | 28.72 X |
| Price To Book | 2.19 X | 9.51 X |
| Price To Sales | 1.59 X | 11.42 X |
| Revenue | 274.42 M | 9.43 B |
| Gross Profit | 175.98 M | 27.38 B |
| EBITDA | 24.54 M | 3.9 B |
| Net Income | 28.52 M | 570.98 M |
| Cash And Equivalents | 23.35 M | 2.7 B |
| Cash Per Share | 1.16 X | 5.01 X |
| Total Debt | 50.38 M | 5.32 B |
| Debt To Equity | 0.66 % | 48.70 % |
| Current Ratio | 2.31 X | 2.16 X |
| Book Value Per Share | 8.66 X | 1.93 K |
| Cash Flow From Operations | 35.85 M | 971.22 M |
| Short Ratio | 4.08 X | 4.00 X |
| Earnings Per Share | 0.65 X | 3.12 X |
| Price To Earnings To Growth | 17.24 X | 4.89 X |
| Target Price | 24.0 | |
| Number Of Employees | 992 | 18.84 K |
| Beta | 1.17 | -0.15 |
| Market Capitalization | 454.27 M | 19.03 B |
| Total Asset | 281.44 M | 29.47 B |
| Retained Earnings | 18.89 M | 9.33 B |
| Working Capital | 104.24 M | 1.48 B |
Note: Disposition of 1550 shares by Sherri Ferstler of Tactile Systems at 13.0726 subject to Rule 16b-3 [view details]
Tactile Systems Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tactile . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Tactile Systems Buy or Sell Advice
When is the right time to buy or sell Tactile Systems Technology? Buying financial instruments such as Tactile Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Tactile Systems Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tactile Systems. If investors know Tactile will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tactile Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Earnings Share 0.65 | Revenue Per Share 11.991 | Quarterly Revenue Growth 0.05 | Return On Assets 0.0462 |
The market value of Tactile Systems Tech is measured differently than its book value, which is the value of Tactile that is recorded on the company's balance sheet. Investors also form their own opinion of Tactile Systems' value that differs from its market value or its book value, called intrinsic value, which is Tactile Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tactile Systems' market value can be influenced by many factors that don't directly affect Tactile Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tactile Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tactile Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tactile Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.