Brent Moen - Tactile Systems Chief Officer

TCMD Stock  USD 18.59  0.95  4.86%   

Executive

Mr. Brent A. Moen was appointed Chief Financial Officer of the Company effective on September 2, 2018. He has served as our Chief Financial Officer since joining the company in September 2018. Prior to joining our company, Mr. Moen served as Chief Financial Officer of Entellus Medical, Inc., a publicly held medical device company, from May 2016 until the companys acquisition by Stryker Corporation in February 2018. Prior to joining Entellus Medical, Mr. Moen served as Executive Vice President and Chief Financial Officer of ABRA Auto Body Glass LP, an automotive collision repair company, from November 2013 to May 2015. Mr. Moen previously served as Senior Vice President and Chief Financial Officer of Regis Corporationrationration, a publicly held owner, franchisor and operator of beauty salons, from January 2011 to December 2012. Mr. Moen held various financial roles of increasing responsibility with Regis Corporationrationration, beginning in 2000 since 2018.
Age 57
Tenure 6 years
Address 3701 Wayzata Boulevard, Minneapolis, MN, United States, 55416
Phone612 355 5100
Webhttps://tactilemedical.com
Moen holds a B.A. in Accounting from the University of North Dakota and is a Certified Public Accountant and started his professional career with Coopers and Lybrand.

Tactile Systems Management Efficiency

The company has return on total asset (ROA) of 0.0462 % which means that it generated a profit of $0.0462 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0791 %, meaning that it created $0.0791 on every $100 dollars invested by stockholders. Tactile Systems' management efficiency ratios could be used to measure how well Tactile Systems manages its routine affairs as well as how well it operates its assets and liabilities. At present, Tactile Systems' Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.15, whereas Return On Capital Employed is forecasted to decline to 0.06. At present, Tactile Systems' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 49.1 M, whereas Other Current Assets are forecasted to decline to about 3.4 M.
Tactile Systems Technology currently holds 50.38 M in liabilities with Debt to Equity (D/E) ratio of 0.66, which is about average as compared to similar companies. Tactile Systems Tech has a current ratio of 2.26, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Tactile Systems' use of debt, we should always consider it together with its cash and equity.

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Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. The company was incorporated in 1995 and is headquartered in Minneapolis, Minnesota. Tactile Systems operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 988 people. Tactile Systems Technology (TCMD) is traded on NASDAQ Exchange in USA. It is located in 3701 Wayzata Boulevard, Minneapolis, MN, United States, 55416 and employs 992 people. Tactile Systems is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

Tactile Systems Tech Leadership Team

Elected by the shareholders, the Tactile Systems' board of directors comprises two types of representatives: Tactile Systems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tactile. The board's role is to monitor Tactile Systems' management team and ensure that shareholders' interests are well served. Tactile Systems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tactile Systems' outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter Schaubach, Chief Officer
John Kaercher, Chief Officer
Sherri Ferstler, Senior Sales
Sunday Hoy, VP Officer
Eric Pauls, VP Sales
Jerry Sauber, Operations, Manufacturing
Janelle Strop, Chief Officer
Sheri Dodd, CEO Director
Elaine Birkemeyer, Chief Officer
Kristie Burns, Senior Affairs
Rachel Gustad, Senior Operations
Brent Moen, Chief Officer
Sunday Esq, VP Officer
MD FACS, Chief Board
MD ODonnell, Chief Board
Daniel Reuvers, Director Advisor

Tactile Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tactile Systems a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Tactile Systems Tech is a strong investment it is important to analyze Tactile Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tactile Systems' future performance. For an informed investment choice regarding Tactile Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 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.
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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.