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NASDAQ: TCMD
Tactile Systems Technology Inc Stock Forecast, Predictions & Price Target

Analyst price target for TCMD

Based on 1 analysts offering 12 month price targets for Tactile Systems Technology Inc.
Min Forecast
$55.00+22.33%
Avg Forecast
$55.00+22.33%
Max Forecast
$55.00+22.33%

Should I buy or sell TCMD stock?

Based on 1 analysts offering ratings for Tactile Systems Technology Inc.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

TCMD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Oppenheimer
Bottom 3%
3
BuyUpgrades$55.00+22.33%2020-11-13

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Forecast return on equity

Is TCMD forecast to generate an efficient return?
Company
12.07%
Industry
18.78%
Market
1,982.75%
TCMD's Return on Equity is forecast to be low in 3 years (12.07%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is TCMD forecast to generate an efficient return on assets?
Company
8.82%
Industry
9.32%
Market
957.62%
TCMD is forecast to generate lower Return on Assets (8.82%) than the US Medical Devices industry average (9.32%)
Forecast

TCMD earnings per share forecast

What is TCMD's earnings per share in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$0.45-35.71%
Avg 2 year Forecast
$0.81+15.71%
TCMD's earnings are forecast to grow at a rate of -35.71% per year, which is not exceptional
Forecast

TCMD revenue forecast

What is TCMD's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$220.7M+9.15%
Avg 2 year Forecast
$269.0M+33.08%
TCMD's revenue is forecast to grow at a rate of 9.15% per year, which is not exceptional
Forecast

TCMD earnings growth forecast

How is TCMD forecast to perform vs Medical Devices companies and vs the US market?
Company
-35.71%
Industry
90.03%
Market
170.29%
TCMD's earnings are forecast to grow slower (-35.71% per year) than the US Medical Devices industry average (90.03%)
Forecast
TCMD's earnings are forecast to grow slower (-35.71% per year) than the US market average (170.29%)
Forecast
TCMD's earnings are forecast to grow slower (-35.71% per year) than the risk-free savings rate (1.5%)
Forecast

TCMD revenue growth forecast

How is TCMD forecast to perform vs Medical Devices companies and vs the US market?
Company
9.15%
Industry
5.79%
Market
61.03%
TCMD's revenues are forecast to grow faster (9.15% per year) than the US Medical Devices industry average (5.79%)
Forecast
TCMD's revenues are forecast to grow slower (9.15% per year) than the US market average (61.03%)
Forecast

Tactile Systems Technology Stock Forecast FAQ

Is Tactile Systems Technology Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 1 Wall Street analysts covering (NASDAQ: TCMD) stock is to Buy TCMD stock.

Out of 1 analysts, 0 (0%) are recommending TCMD as a Strong Buy, 1 (100%) are recommending TCMD as a Buy, 0 (0%) are recommending TCMD as a Hold, 0 (0%) are recommending TCMD as a Sell, and 0 (0%) are recommending TCMD as a Strong Sell.

What is TCMD's earnings growth forecast for 2021-2022?

(NASDAQ: TCMD) Tactile Systems Technology's forecast annual earnings growth rate of -35.71% is not forecast to beat the US Medical Devices industry's average forecast earnings growth rate of 90.03%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 170.29%.

Tactile Systems Technology's earnings in 2021 is $13,576,000.On average, 3 Wall Street analysts forecast TCMD's earnings for 2021 to be $8,902,033, with the lowest TCMD earnings forecast at $6,725,980, and the highest TCMD earnings forecast at $9,891,148.

In 2022, TCMD is forecast to generate $16,023,659 in earnings, with the lowest earnings forecast at $15,034,544 and the highest earnings forecast at $16,617,128.

What is TCMD's revenue growth forecast for 2021-2022?

(NASDAQ: TCMD) Tactile Systems Technology's forecast annual revenue growth rate of 9.15% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 5.79%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 61.03%.

Tactile Systems Technology's revenue in 2021 is $202,167,000.On average, 3 Wall Street analysts forecast TCMD's revenue for 2021 to be $4,365,161,215, with the lowest TCMD revenue forecast at $4,353,291,838, and the highest TCMD revenue forecast at $4,383,756,572.

In 2022, TCMD is forecast to generate $5,322,149,518 in revenue, with the lowest revenue forecast at $5,242,505,998 and the highest revenue forecast at $5,455,956,961.

What is TCMD's forecast return on assets (ROA) for 2021-2022?

(NASDAQ: TCMD) forecast ROA is 8.82%, which is lower than the forecast US Medical Devices industry average of 9.32%.

What is TCMD's Price Target?

According to 1 Wall Street analysts that have issued a 1 year TCMD price target, the average TCMD price target is $55.00, with the highest TCMD stock price forecast at $55.00 and the lowest TCMD stock price forecast at $55.00.

On average, Wall Street analysts predict that Tactile Systems Technology's share price could stay at $55.00 by Nov 13, 2021. The average Tactile Systems Technology stock price prediction forecasts a potential downside of N/A from the current TCMD share price of $44.96.

What is TCMD's Earnings Per Share (EPS) forecast for 2021-2022?

(NASDAQ: TCMD) Tactile Systems Technology's current Earnings Per Share (EPS) is $0.70. On average, analysts forecast that TCMD's EPS will be $0.45 for 2021, with the lowest EPS forecast at $0.34, and the highest EPS forecast at $0.50. In 2022, TCMD's EPS is forecast to hit $0.81 (min: $0.76, max: $0.84).

What is TCMD's forecast return on equity (ROE) for 2021-2022?

(NASDAQ: TCMD) forecast ROE is 12.07%, which is considered weak.
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