NYSE:MODN Model N (MODN) Stock Forecast, Price & News $32.73 +0.38 (+1.17%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$31.97▼$32.9350-Day Range$28.63▼$34.5052-Week Range$22.15▼$43.18Volume186,024 shsAverage Volume347,538 shsMarket Capitalization$1.25 billionP/E RatioN/ADividend YieldN/APrice Target$43.38 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Model N MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside32.5% Upside$43.38 Price TargetShort InterestBearish8.50% of Shares Sold ShortDividend StrengthN/ASustainability-0.76Upright™ Environmental ScoreNews Sentiment1.27Based on 3 Articles This WeekInsider TradingSelling Shares$1.21 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.13) to ($0.09) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.02 out of 5 starsComputer And Technology Sector357th out of 606 stocksComputer Programming, Data Processing, & Other Computer Related Industry31st out of 59 stocks 3.4 Analyst's Opinion Consensus RatingModel N has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.38, Model N has a forecasted upside of 32.5% from its current price of $32.73.Amount of Analyst CoverageModel N has only been the subject of 3 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted8.50% of the outstanding shares of Model N have been sold short.Short Interest Ratio / Days to CoverModel N has a short interest ratio ("days to cover") of 10.2, which indicates bearish sentiment.Change versus previous monthShort interest in Model N has recently increased by 10.20%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldModel N does not currently pay a dividend.Dividend GrowthModel N does not have a long track record of dividend growth. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreModel N has received a 37.70% net impact score from Upright. Model N seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Procurement data analysis and optimisation software", "Manufacturing management software", and "Real time information software" products. See details.Environmental SustainabilityThe Environmental Impact score for Model N is -0.76. Previous Next 2.9 News and Social Media Coverage News SentimentModel N has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Model N this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for MODN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows1 people have added Model N to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Model N insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,213,444.00 in company stock.Percentage Held by InsidersOnly 2.30% of the stock of Model N is held by insiders.Percentage Held by Institutions96.63% of the stock of Model N is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Model N are expected to grow in the coming year, from ($0.13) to ($0.09) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Model N is -23.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Model N is -23.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioModel N has a P/B Ratio of 9.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Model N (NYSE:MODN) StockModel N, Inc. engages in developing and monetizing revenue management solutions. It offers cloud revenue optimization and compliance to pharmaceutical, medical technology, semiconductor, and high-tech companies. Its products provide business processes such as pricing, quoting, contracting, regulatory compliance, rebates and incentives. The company was founded by Yarden Malka, Zack Rinat, and Ali Tore on December 14, 1999 and is headquartered in San Mateo, CA.Read More Receive MODN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Model N and its competitors with MarketBeat's FREE daily newsletter. Email Address MODN Stock News HeadlinesMay 27, 2023 | americanbankingnews.comModel N, Inc. (NYSE:MODN) Receives $43.38 Consensus PT from BrokeragesMay 24, 2023 | finance.yahoo.comModel N (MODN) Declined in Q1 on Profit TakingJune 6, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 21, 2023 | americanbankingnews.comJohn Ederer Sells 4,440 Shares of Model N, Inc. (NYSE:MODN) StockMay 20, 2023 | americanbankingnews.comChristopher Lyon Sells 6,400 Shares of Model N, Inc. (NYSE:MODN) StockMay 20, 2023 | americanbankingnews.comModel N, Inc. (NYSE:MODN) Insider Suresh Kannan Sells 5,844 SharesMay 20, 2023 | americanbankingnews.comInsider Selling: Model N, Inc. (NYSE:MODN) CEO Sells 12,525 Shares of StockMay 19, 2023 | americanbankingnews.comYalla Group (NYSE:YALA) & Model N (NYSE:MODN) Financial ReviewJune 6, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 18, 2023 | americanbankingnews.comModel N (NYSE:MODN) Earns Hold Rating from Analysts at StockNews.comMay 17, 2023 | finance.yahoo.comModel N Spring 2023 Release Introduces 340B Vigilance Solution for Pharma; Enhances Global Tendering for Life Sciences and Increases Business Agility for High-Tech CustomersMay 17, 2023 | markets.businessinsider.comNeedham Keeps Their Buy Rating on Model N (MODN)May 17, 2023 | msn.comNeedham Reiterates Model N (MODN) Buy RecommendationMay 15, 2023 | msn.comJP Morgan Maintains Model N (MODN) Overweight RecommendationMay 15, 2023 | msn.comModel N: No Wow Factor Here, But It's A Steady ShipMay 13, 2023 | americanbankingnews.comModel N (NYSE:MODN) Price Target Cut to $38.00 by Analysts at Craig HallumMay 12, 2023 | finance.yahoo.comModel N, Inc. (NYSE:MODN) Second-Quarter Results: Here's What Analysts Are Forecasting For This YearMay 12, 2023 | markets.businessinsider.comRBC Capital Keeps Their Hold Rating on Model N (MODN)May 11, 2023 | finance.yahoo.comModel N (MODN) Q2 Earnings Beat Estimates on Solid RevenuesMay 11, 2023 | marketwatch.com8-K: MODEL N, INC.May 11, 2023 | americanbankingnews.comModel N (NYSE:MODN) Price Target Cut to $44.00May 10, 2023 | markets.businessinsider.comBTIG Reaffirms Their Buy Rating on Model N (MODN)May 10, 2023 | markets.businessinsider.comWhat 5 Analyst Ratings Have To Say About Model NMay 10, 2023 | finance.yahoo.comModel N Management to Participate in Upcoming Investor ConferencesMay 10, 2023 | finance.yahoo.comQ2 2023 Model N Inc Earnings CallMay 10, 2023 | americanbankingnews.comRobert W. Baird Trims Model N (NYSE:MODN) Target Price to $40.00May 10, 2023 | markets.businessinsider.comJMP Securities Sticks to Its Buy Rating for Model N (MODN)See More Headlines MODN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MODN Company Calendar Last Earnings11/09/2021Today6/06/2023Next Earnings (Estimated)8/08/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:MODN CUSIPN/A CIK1118417 Webwww.modeln.com Phone(650) 610-4600Fax650-610-4699Employees982Year FoundedN/APrice Target and Rating Average Stock Price Forecast$43.38 High Stock Price Forecast$52.00 Low Stock Price Forecast$35.00 Forecasted Upside/Downside+32.5%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($1.38) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-28,640,000.00 Net Margins-21.90% Pretax Margin-21.02% Return on Equity-6.86% Return on Assets-1.99% Debt Debt-to-Equity Ratio3.03 Current Ratio3.70 Quick Ratio3.70 Sales & Book Value Annual Sales$219.16 million Price / Sales5.69 Cash Flow$0.41 per share Price / Cash Flow79.15 Book Value$3.63 per share Price / Book9.02Miscellaneous Outstanding Shares38,110,000Free Float37,231,000Market Cap$1.25 billion OptionableOptionable Beta0.68 Key ExecutivesJason BlessingPresident, Chief Executive Officer & DirectorJohn EdererChief Financial OfficerLaura SeligChief People Officer & Senior Vice PresidentMark AndersonChief Services OfficerChris LyonChief Revenue OfficerKey CompetitorsSabreNASDAQ:SABRGrindrNYSE:GRNDMomentive GlobalNASDAQ:MNTVNextdoorNYSE:KINDPubMaticNASDAQ:PUBMView All CompetitorsInsiders & InstitutionsPrelude Capital Management LLCSold 2,115 shares on 6/1/2023Ownership: 0.016%Ameriprise Financial Inc.Bought 76,609 shares on 5/22/2023Ownership: 0.727%New York State Common Retirement FundSold 7,398 shares on 5/18/2023Ownership: 0.311%JPMorgan Chase & Co.Bought 5,853 shares on 5/18/2023Ownership: 0.161%Jason BlessingSold 12,525 sharesTotal: $358,590.75 ($28.63/share)View All Insider TransactionsView All Institutional Transactions MODN Stock - Frequently Asked Questions Should I buy or sell Model N stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MODN shares. View MODN analyst ratings or view top-rated stocks. What is Model N's stock price forecast for 2023? 4 brokerages have issued 12-month price objectives for Model N's stock. Their MODN share price forecasts range from $35.00 to $52.00. On average, they expect the company's stock price to reach $43.38 in the next twelve months. This suggests a possible upside of 32.5% from the stock's current price. View analysts price targets for MODN or view top-rated stocks among Wall Street analysts. How have MODN shares performed in 2023? Model N's stock was trading at $40.56 at the beginning of 2023. Since then, MODN shares have decreased by 19.3% and is now trading at $32.73. View the best growth stocks for 2023 here. Are investors shorting Model N? Model N saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,940,000 shares, an increase of 18.1% from the April 15th total of 2,490,000 shares. Based on an average daily volume of 340,300 shares, the days-to-cover ratio is currently 8.6 days. View Model N's Short Interest. When is Model N's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our MODN earnings forecast. How were Model N's earnings last quarter? Model N, Inc. (NYSE:MODN) released its quarterly earnings data on Tuesday, November, 9th. The software maker reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.30. The software maker earned $51.48 million during the quarter, compared to analyst estimates of $50.63 million. Model N had a negative trailing twelve-month return on equity of 6.86% and a negative net margin of 21.90%. During the same quarter in the prior year, the business posted ($0.01) EPS. What ETFs hold Model N's stock? ETFs with the largest weight of Model N (NYSE:MODN) stock in their portfolio include Invesco Dynamic Software ETF (PSJ), Fidelity Digital Health ETF (FDHT), Invesco Dynamic Market ETF (PWC), SPDR S&P Software & Services ETF (XSW), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), Direxion Daily Cloud Computing Bull 2x (CLDL), iShares Expanded Tech-Software Sector ETF (IGV) and Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR). What guidance has Model N issued on next quarter's earnings? Model N updated its third quarter earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of $0.23-0.25 for the period, compared to the consensus estimate of $0.26. The company issued revenue guidance of $61.5-62.5 million, compared to the consensus revenue estimate of $61.65 million. What is Jason Blessing's approval rating as Model N's CEO? 15 employees have rated Model N Chief Executive Officer Jason Blessing on Glassdoor.com. Jason Blessing has an approval rating of 76% among the company's employees. What other stocks do shareholders of Model N own? Based on aggregate information from My MarketBeat watchlists, some companies that other Model N investors own include NVIDIA (NVDA), JD.com (JD), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Inseego (INSG), Alibaba Group (BABA), Marvell Technology (MRVL), AbbVie (ABBV), Baidu (BIDU) and Block (SQ). What is Model N's stock symbol? Model N trades on the New York Stock Exchange (NYSE) under the ticker symbol "MODN." Who are Model N's major shareholders? Model N's stock is owned by many different institutional and retail investors. Top institutional shareholders include Davidson Kempner Capital Management LP (0.00%), Conestoga Capital Advisors LLC (10.05%), BlackRock Inc. (9.58%), Neuberger Berman Group LLC (7.35%), Artisan Partners Limited Partnership (6.75%) and Clearbridge Investments LLC (6.66%). Insiders that own company stock include Alan S Henricks, Christopher Lyon, Dave Michaud, Dave Yarnold, David Barter, Jason Blessing, John Ederer, Kimberly Decarlis, Laura Selig, Manisha Shetty Gulati, Mark Albert Anderson, Melissa B Fisher, Suresh Kannan and Timothy M Adams. View institutional ownership trends. How do I buy shares of Model N? Shares of MODN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Model N's stock price today? One share of MODN stock can currently be purchased for approximately $32.73. How much money does Model N make? Model N (NYSE:MODN) has a market capitalization of $1.25 billion and generates $219.16 million in revenue each year. The software maker earns $-28,640,000.00 in net income (profit) each year or ($1.38) on an earnings per share basis. How many employees does Model N have? The company employs 982 workers across the globe. How can I contact Model N? Model N's mailing address is 777 MARINERS ISLAND BOULEVARD SUITE 300, SAN MATEO CA, 94404. The official website for the company is www.modeln.com. The software maker can be reached via phone at (650) 610-4600, via email at investorrelations@modeln.com, or via fax at 650-610-4699. This page (NYSE:MODN) was last updated on 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Model N, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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