How to Buy Tactile Systems Technology Stock
Tactile Systems Technology Inc
Tactile Systems Technology, Inc. , a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States.
Tactile Systems Technology stock last closed at $14.14, down 0.14% from the previous day, and has decreased 20.11% in one year. It has underperformed other stocks in the Medical Devices industry by 0.04 percentage points. Tactile Systems Technology stock is currently +45.85% from its 52-week low of $9.70, and -45.84% from its 52-week high of $26.11.
There are currently 23.6M TCMD shares outstanding. The market capitalization of TCMD is $333.71M. In the past 24 hours, 125,145 TCMD shares were traded.
How to Buy Tactile Systems Technology Stock
Wondering how to invest in Tactile Systems Technology stock? Here's how.
- Decide where to buy Tactile Systems Technology stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Tactile Systems Technology stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your payment method and add your details.
- Analyze Tactile Systems Technology stock: The Tactile Systems Technology ticker symbol is TCMD. Is Tactile Systems Technology stock a good investment? Should you buy shares of TCMD? How do TCMD's underlying business fundamentals look? Do top analysts think Tactile Systems Technology is a good buy? Why has TCMD's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if TCMD is a good stock to buy).
- Make your TCMD purchase: Decide if you will purchase TCMD shares at the current market price or use a limit order to purchase TCMD shares at a particular price.
- Get the latest news on your investment in TCMD: Create a watchlist to key updates about your position in Tactile Systems Technology stock.
Step 1: Decide where to buy Tactile Systems Technology stock
You will need a brokerage account in order to access the NASDAQ market and buy TCMD shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you are able to invest in TCMD stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on the highest rated stock app, you can securely and quickly fund your account:
Watch the tutorial below to see the process of depositing money into your new investment account.
Step 4: Analyze Tactile Systems Technology stock
After you have figured out the best place to buy Tactile Systems Technology stock, it's critical to research their stock prior to buying, so you actually understand the risk and upside.
Tactile Systems Technology shares at a glance
TCMD Zen Score
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on TCMD's stock page.
What is the fair value of TCMD stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge TCMD's fair value.
Using relative valuations metrics:
- TCMD may be undervalued based on its P/E ratio of 11.4x, relative to Medical Devices industry P/E ratio of 28.61x
- TCMD may be undervalued based on its P/B ratio of 1.72x, relative to Medical Devices industry P/B ratio of 3.63x
- TCMD could be undervalued based on its PEG ratio of 0.56x
You can do more valuation analysis on TCMD's stock here.
TCMD Financials at a glance
Signs that TCMD is financially healthy:
- TCMD's operating cash flow of $35.86M allows it to safely service it's debt of $50.38M.
- There are more short-term assets than long-term liabilities on the TCMD balance sheet.
- There are more short-term assets than short-term liabilities on the TCMD balance sheet.
- TCMD earnings of $15.77M is not enough to cover its interest payments.
- TCMD profit margin has gone up from -7.2% to 10.4% in the past year.
Signs that TCMD is not financially healthy:
- TCMD has a relatively high debt to equity ratio of 0.45.
- Total TCMD debt is higher than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are saying on the Tactile Systems Technology stock forecast page.
TCMD Technical Indicators
How are TCMD Revenues/Earnings doing?
Last year, TCMD earnings were $28.52M. In the past five year, TCMD's earnings have increased by 28.06% per year. This was faster than the Medical Devices industry average of 9.19%.
Last year, TCMD revenue was $274.42M. Over the last five year, TCMD's revenue has gone up by 13.81% per year. This was faster than the Medical Devices industry average of 13.47%.
Learn more about TCMD's earnings and revenue performance here.
Latest Insiders Trades at TCMD
In the last year, executives and large shareholders at TCMD have sold more shares than they have bought.
Kristie Burns, Sr. VP Mktg Clinical Affairs of TCMD, was the latest TCMD insider to sell. They sold $3,705.99 worth of TCMD stock on Feb 29, 2024.
Research more about who owns TCMD stock here.
Does TCMD provide a stable income stream?
No, Tactile Systems Technology doesn't provide an income stream by paying out dividends.
What others are saying about TCMD
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your TCMD purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you require more info about buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in TCMD
Now that you own some shares in TCMD, you'll want to keep up with your investment.
Make a watchlist to get alerted to the latest events about your TCMD stock.
TCMD Feed
How to Buy Stock in Tactile Systems Technology
To summarize, here are the 6 steps to buy Tactile Systems Technology stock:
- Decide where to buy Tactile Systems Technology stock
- Create your brokerage account
- Put funds into your investment account
- Analyze Tactile Systems Technology stock
- Make your TCMD purchase
- Get the latest news on your investment in TCMD
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Tactile Systems Technology, create your watchlist below.
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