Tactile Systems Stock Target Price and Analyst Consensus

TCMD Stock  USD 19.54  0.61  3.22%   
The current analyst and expert consensus on Tactile Systems is Buy, with 2 strong buy opinions. The current projected Tactile Systems target price consensus is 27.33 with 5 analyst opinions. Check out Macroaxis Advice on Tactile Systems to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Tactile Systems Tech analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Tactile Systems executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Tactile Systems. We strongly encourage you to use your own analysis of Tactile Systems Tech to validate this buy or sell advice. Tactile Systems buy-or-sell recommendation module provides average expert sentiment on the projected Tactile Systems Tech target price to derive its highest and lowest estimates based on projected price volatility of 3.1775.
Lowest Forecast
24.87
Highest Forecast
30.34
Target Price
27.33
At present, Tactile Systems' Gross Profit Margin is projected to slightly decrease based on the last few years of reporting. At present, Tactile Systems' Current Deferred Revenue is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 19.8 M, whereas Other Current Liabilities is forecasted to decline to about 15.4 M.
  
It's important to approach Tactile Systems' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Tactile Systems price targets

Tactile Systems' stock target price is an estimate of its future price, usually made by analysts. Using Tactile Systems' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Tactile Systems' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Tactile Systems' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Tactile Systems Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Tactile Systems is a key component of Tactile Systems valuation and have some predictive power on the future returns of a Tactile Systems.
Hype
Prediction
LowEstimatedHigh
16.7919.9723.15
Details
Intrinsic
Valuation
LowRealHigh
17.5924.2927.47
Details
Naive
Forecast
LowNextHigh
17.5220.7023.87
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.160.170.18
Details

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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 Macroaxis Advice on Tactile Systems to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Please note, the presentation of Tactile Systems' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tactile Systems' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Tactile Systems' management manipulating its earnings.