Tactile Systems Technology Stock Revenue
| TCMD Stock | USD 19.54 0.61 3.22% |
Tactile Systems Technology fundamentals help investors to digest information that contributes to Tactile Systems' financial success or failures. It also enables traders to predict the movement of Tactile Stock. The fundamental analysis module provides a way to measure Tactile Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tactile Systems stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 274.4 M | 159.1 M |
Tactile | Revenue |
Tactile Systems Technology Company Revenue Analysis
Tactile Systems' Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Tactile Systems Revenue | 274.42 M |
Most of Tactile Systems' fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tactile Systems Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Tactile
Projected quarterly revenue analysis of Tactile Systems Tech provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Tactile Systems match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Tactile Systems' stock price.
Tactile Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Tactile Systems is extremely important. It helps to project a fair market value of Tactile Stock properly, considering its historical fundamentals such as Revenue. Since Tactile Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tactile Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tactile Systems' interrelated accounts and indicators.
| 0.82 | 0.82 | -0.24 | 0.66 | -0.43 | ||
| 0.82 | 1.0 | 0.13 | 0.93 | -0.62 | ||
| 0.82 | 1.0 | 0.13 | 0.93 | -0.61 | ||
| -0.24 | 0.13 | 0.13 | 0.1 | -0.16 | ||
| 0.66 | 0.93 | 0.93 | 0.1 | -0.63 | ||
| -0.43 | -0.62 | -0.61 | -0.16 | -0.63 |
Click cells to compare fundamentals
Tactile Revenue Historical Pattern
Today, most investors in Tactile Systems Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tactile Systems' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tactile Systems revenue as a starting point in their analysis.
Tactile Systems Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Tactile Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Tactile Systems Technology reported 274.42 M of revenue. This is 96.4% lower than that of the Health Care Equipment & Supplies sector and 89.24% lower than that of the Health Care industry. The revenue for all United States stocks is 97.09% higher than that of the company.
Tactile Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tactile Systems' direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tactile Systems could also be used in its relative valuation, which is a method of valuing Tactile Systems by comparing valuation metrics of similar companies.Tactile Systems is currently under evaluation in revenue category among its peers.
Tactile Systems Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tactile Systems from analyzing Tactile Systems' financial statements. These drivers represent accounts that assess Tactile Systems' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tactile Systems' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.3B | 869.5M | 375.3M | 230.4M | 327.8M | 367.6M | |
| Enterprise Value | 1.3B | 843.0M | 430.9M | 280.7M | 317.2M | 365.4M |
Tactile Systems ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tactile Systems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tactile Systems' managers, analysts, and investors.Environmental | Governance | Social |
Tactile Systems Institutional Holders
Institutional Holdings refers to the ownership stake in Tactile Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tactile Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tactile Systems' value.| 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 Fundamentals
| Return On Equity | 0.0791 | ||||
| Return On Asset | 0.0462 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 419.37 M | ||||
| Shares Outstanding | 24 M | ||||
| Shares Owned By Insiders | 1.95 % | ||||
| Shares Owned By Institutions | 98.05 % | ||||
| Number Of Shares Shorted | 978.4 K | ||||
| Price To Earning | 23.07 X | ||||
| Price To Book | 2.26 X | ||||
| Price To Sales | 1.65 X | ||||
| Revenue | 274.42 M | ||||
| Gross Profit | 175.98 M | ||||
| EBITDA | 24.54 M | ||||
| Net Income | 28.52 M | ||||
| Cash And Equivalents | 23.35 M | ||||
| Cash Per Share | 1.16 X | ||||
| Total Debt | 50.38 M | ||||
| Debt To Equity | 0.66 % | ||||
| Current Ratio | 2.31 X | ||||
| Book Value Per Share | 8.66 X | ||||
| Cash Flow From Operations | 35.85 M | ||||
| Short Ratio | 4.08 X | ||||
| Earnings Per Share | 0.65 X | ||||
| Price To Earnings To Growth | 17.24 X | ||||
| Target Price | 24.0 | ||||
| Number Of Employees | 992 | ||||
| Beta | 1.17 | ||||
| Market Capitalization | 468.9 M | ||||
| Total Asset | 281.44 M | ||||
| Retained Earnings | 18.89 M | ||||
| Working Capital | 104.24 M | ||||
| Current Asset | 64.23 M | ||||
| Current Liabilities | 13.79 M | ||||
| Net Asset | 281.44 M |
About Tactile Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tactile Systems Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tactile Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tactile Systems Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Tactile Systems Piotroski F Score and Tactile Systems Altman Z Score analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.