Head to Head Review: TerrAscend (OTCMKTS:TSNDF) vs. Tactile Systems Technology (NASDAQ:TCMD)

Tactile Systems Technology (NASDAQ:TCMDGet Free Report) and TerrAscend (OTCMKTS:TSNDFGet Free Report) are both small-cap healthcare companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, risk, analyst recommendations, earnings, dividends, profitability and institutional ownership.

Profitability

This table compares Tactile Systems Technology and TerrAscend’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Tactile Systems Technology 7.10% 11.49% 9.17%
TerrAscend -31.01% -32.93% -5.49%

Analyst Recommendations

This is a breakdown of recent ratings for Tactile Systems Technology and TerrAscend, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tactile Systems Technology 0 2 4 0 2.67
TerrAscend 0 1 0 1 3.00

Tactile Systems Technology currently has a consensus price target of $38.40, indicating a potential upside of 75.58%. Given Tactile Systems Technology’s higher possible upside, research analysts clearly believe Tactile Systems Technology is more favorable than TerrAscend.

Risk and Volatility

Tactile Systems Technology has a beta of 0.8, meaning that its stock price is 20% less volatile than the S&P 500. Comparatively, TerrAscend has a beta of 1.44, meaning that its stock price is 44% more volatile than the S&P 500.

Insider & Institutional Ownership

83.4% of Tactile Systems Technology shares are owned by institutional investors. Comparatively, 5.8% of TerrAscend shares are owned by institutional investors. 2.1% of Tactile Systems Technology shares are owned by company insiders. Comparatively, 31.9% of TerrAscend shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Tactile Systems Technology and TerrAscend”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Tactile Systems Technology $329.52 million 1.50 $19.09 million $1.08 20.25
TerrAscend $260.56 million 0.82 -$81.33 million ($0.11) -6.27

Tactile Systems Technology has higher revenue and earnings than TerrAscend. TerrAscend is trading at a lower price-to-earnings ratio than Tactile Systems Technology, indicating that it is currently the more affordable of the two stocks.

Summary

Tactile Systems Technology beats TerrAscend on 11 of the 15 factors compared between the two stocks.

About Tactile Systems Technology

(Get Free Report)

Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States. It offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema in the home setting; and Entre Plus System, a portable pneumatic compression device for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers. The company also provides Kylee, a mobile application to help patients learn about lymphedema, track their symptoms, and treatment, as well as to share their progress with their doctor; and AffloVest, a portable high frequency chest wall oscillation vest to treat patients with retained pulmonary secretions resulting from bronchiectasis, cystic fibrosis, and various neuromuscular disorders. Tactile Systems Technology, Inc. was incorporated in 1995 and is headquartered in Minneapolis, Minnesota.

About TerrAscend

(Get Free Report)

TerrAscend Corp. cultivates, processes, and sells medical and adult use cannabis in Canada and the United States. The company produces and distributes hemp-derived wellness products to retail locations; and manufactures vaporizables, concentrates, topicals, tinctures and edibles. It also operates retail dispensaries under the Apothecarium and State Flower brand names. The company was incorporated in 2017 and is headquartered in Mississauga, Canada.

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