While Tactile Systems Technology, Inc. (NASDAQ:TCMD) might not have the largest market cap around , it saw a significant share price rise of 99% in the past couple of months on the NASDAQGM. The recent share price gains has brought the company back closer to its yearly peak. As a stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. But what if there is still an opportunity to buy? Let’s examine Tactile Systems Technology’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.
According to our price multiple model, which makes a comparison between the company’s price-to-earnings ratio and the industry average, the stock price seems to be justfied. In this instance, we’ve used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock’s cash flows. We find that Tactile Systems Technology’s ratio of 35.63x is trading slightly above its industry peers’ ratio of 31.99x, which means if you buy Tactile Systems Technology today, you’d be paying a relatively reasonable price for it. And if you believe that Tactile Systems Technology should be trading at this level in the long run, then there should only be a fairly immaterial downside vs other industry peers. Furthermore, Tactile Systems Technology’s share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. This may mean it is less likely for the stock to fall lower from natural market volatility, which suggests less opportunities to buy moving forward.
View our latest analysis for Tactile Systems Technology
NasdaqGM:TCMD Earnings and Revenue Growth January 24th 2026
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company’s future expectations. With profit expected to grow by 47% over the next couple of years, the future seems bright for Tactile Systems Technology. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.
Are you a shareholder? It seems like the market has already priced in TCMD’s positive outlook, with shares trading around industry price multiples. However, there are also other important factors which we haven’t considered today, such as the track record of its management team. Have these factors changed since the last time you looked at TCMD? Will you have enough conviction to buy should the price fluctuate below the industry PE ratio?