Should I buy or sell Model N stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Model N in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MODN shares. View MODN analyst ratings or view top-rated stocks .

What is Model N's stock price target for 2024?

7 brokerages have issued 12-month price objectives for Model N's stock. Their MODN share price targets range from $30.00 to $48.00. On average, they anticipate the company's stock price to reach $35.60 in the next twelve months. This suggests a possible upside of 52.3% 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 on January 1st, 2023. Since then, MODN stock has decreased by 42.4% and is now trading at $23.37. View the best growth stocks for 2023 here .

When is Model N's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024. View our MODN earnings forecast .

How were Model N's earnings last quarter?

Model N, Inc. (NYSE:MODN) released its quarterly earnings data on Thursday, November, 9th. The software maker reported $0.08 EPS for the quarter, beating the consensus estimate of $0.04 by $0.04. The software maker earned $63.97 million during the quarter, compared to the consensus estimate of $62.17 million. Model N had a negative net margin of 13.60% and a positive trailing twelve-month return on equity of 3.98%.

What ETFs hold Model N's stock?

ETFs with the largest weight of Model N (NYSE:MODN) stock in their portfolio include Direxion Daily Cloud Computing Bull 2x (CLDL) . 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 FY23 earnings guidance on Thursday, November, 9th. The company provided earnings per share (EPS) guidance of $1.25-1.32 for the period, compared to the consensus EPS estimate of $1.09. The company issued revenue guidance of $260-263 million, compared to the consensus revenue estimate of $247.75 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) .

Who are Model N's major shareholders?

Model N's stock is owned by many different institutional and retail investors. Top institutional investors include Conestoga Capital Advisors LLC (8.63%), Artisan Partners Limited Partnership (8.61%), Clearbridge Investments LLC (6.54%), Riverbridge Partners LLC (3.38%), Ranger Investment Management L.P. (2.26%) and Loomis Sayles & Co. L P (1.78%). Insiders that own company stock include Alan S Henricks , Christopher Lyon , Dave Michaud , Dave Yarnold, Jason Blessing , John Ederer, Kimberly Decarlis , Laura Selig , Manisha Shetty Gulati, Mark Albert Anderson , Rehmann Rayani, 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 .

Model N Stock Price, News & Analysis (NYSE:MODN)

$23.37

+0.04 (+0.17%)

(As of 12/6/2023 ET)

Compare

Today's Range: $23.09
▼
$23.60
50-Day Range: $21.43
▼
$25.35
52-Week Range: $20.90
▼
$43.18

Volume: 245,740 shs
Average Volume: 326,126 shs
Market Capitalization: $906.76 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $35.60

Model N MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 52.3% Upside
$35.60 Price Target
Short Interest: Bearish
6.73% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.72
Upright™ Environmental Score
News Sentiment: -0.67
Based on 3 Articles This Week
Insider Trading: Selling Shares
$989,130 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.94 out of 5 stars

Computer And Technology Sector

388th out of 594 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

30th out of 50 stocks

4.3

Analyst's Opinion

Consensus Rating
Model N has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $35.60, Model N has a forecasted upside of 52.3% from its current price of $23.37.
Amount of Analyst Coverage
Model N has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
6.73% of the outstanding shares of Model N have been sold short.
Short Interest Ratio / Days to Cover
Model N has a short interest ratio ("days to cover") of 7.4.
Change versus previous month
Short interest in Model N has recently increased by 6.10%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Model N does not currently pay a dividend.
Dividend Growth
Model N does not have a long track record of dividend growth.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Model N has received a 38.88% net impact score from Upright. Model N seems to create the most significant positive value in categories "Taxes", "Jobs", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Regulatory compliance software", "IT consulting services", and "Blockchain-based contract management software" products. See details.
Environmental Sustainability
The Environmental Impact score for Model N is -0.72.

1.3

News and Social Media Coverage

News Sentiment
Model N has a news sentiment score of -0.67. 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 lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Model N this week, compared to 3 articles on an average week.
Search Interest
Only 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 Follows
7 people have added Model N to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In 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 $989,130.00 in company stock.
Percentage Held by Insiders
Only 2.30% of the stock of Model N is held by insiders.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Model N are expected to remain at $0.20 per share in the coming year.
Price to Earnings Ratio vs. the Market
The P/E ratio of Model N is -25.97, 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. Sector
The P/E ratio of Model N is -25.97, 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 Ratio
Model N has a P/B Ratio of 7.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Model N Stock (NYSE:MODN)

Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies in the United States and internationally. The company offers Global Pricing Management, which minimizes price erosion of products; Global Tender Management that enhances revenue by enabling segmentation and targeting, optimal bid pricing, and post-award tracking; Provider Management, which minimizes rebate overpayments; Payer Management that minimizes revenue leakage and noncompliance of complex contracts; Government Pricing, which optimizes revenue, and reduces the risk of fines and other penalties; and Medicaid that enhances compliance with regulatory requirements and payments of rebate claims on a timely basis and at correct rates for government Medicaid programs, as well as Validata, State Pricing Transparency Management, Advanced Membership Management, and Intelligence Cloud. It also provides Deal Management, which increases deal conversion and pricing consistency; Deal Intelligence that controls price concessions and determines ideal prices; Channel Management, which provides manufacturers a view of inventory, as well as evaluate price protection and stock rotation, and matching available inventory to quotes; Market Development Fund Management that allows companies to streamline their MDF process and reduce revenue leakage; Rebates Management, which centralizes control of rebate programs; and Channel Data Management that automates the process of collection, cleansing, validation, and standardization of channel partner data, such as POS, inventory, and claims, as well as Payment Management. In addition, the company offers implementation, application, business, strategic, and customer support services. It primarily serves large, mid-sized, and small life sciences and high tech manufactures worldwide through its direct sales force. The company was incorporated in 1999 and is headquartered in San Mateo, California.

MODN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MODN Stock News Headlines

December 3, 2023 | americanbankingnews.com

Model N, Inc. (NYSE:MODN) CRO Christopher Lyon Sells 10,614 Shares

December 3, 2023 | americanbankingnews.com

Model N (NYSE:MODN) Sees Unusually-High Trading Volume

December 7, 2023 | DTI Trader (Ad)

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November 27, 2023 | finance.yahoo.com

Model N Management to Present at the Raymond James 2023 TMT and Consumer Conference

November 24, 2023 | markets.businessinsider.com

JMP Securities Maintains Outperform Rating for Model N: Here's What You Need To Know

November 18, 2023 | finance.yahoo.com

Insider Sell Alert: Chief Services Officer Mark Anderson Sells Shares of Model N Inc (MODN)

November 18, 2023 | finance.yahoo.com

Model N, Inc. (NYSE:MODN) Could Be Less Than A Year Away From Profitability

November 17, 2023 | finance.yahoo.com

Nokia (NOK) Solution to Aid Digitalization in Switzerland

December 7, 2023 | DTI Trader (Ad)

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November 16, 2023 | msn.com

Why Model N (MODN) is a Solid Investment Bet Post Q4 Results

November 15, 2023 | finance.yahoo.com

Model N (MODN) Fell as Fiscal 2024 Growth Rate Came in Below Street Expectations

November 13, 2023 | businesswire.com

Model N Management to Present at the RBC Capital Markets Global Technology, Internet, Media, Telecommunications Conference

November 13, 2023 | markets.businessinsider.com

5 Analysts Have This to Say About Model N

November 11, 2023 | benzinga.com

Model N Stock (NYSE:MODN), Analyst Ratings, Price Targets, Predictions

November 11, 2023 | finance.yahoo.com

Model N, Inc. (NYSE:MODN) Q4 2023 Earnings Call Transcript

November 11, 2023 | msn.com

BTIG Downgrades Model N (MODN)

November 10, 2023 | finance.yahoo.com

Q4 2023 Model N Inc Earnings Call

November 9, 2023 | msn.com

Compared to Estimates, Model N (MODN) Q4 Earnings: A Look at Key Metrics

November 9, 2023 | finance.yahoo.com

Model N Announces Fourth Quarter and Fiscal Year 2023 Financial Results

November 8, 2023 | finance.yahoo.com

Will Healthy Revenue Growth Aid Model N's (MODN) Q4 Earnings?

November 8, 2023 | finance.yahoo.com

Model N Launches Channel Collaboration to Strengthen Visibility for High-Tech Manufacturers and Their Channel Partners

November 8, 2023 | finance.yahoo.com

Akamai (AKAM) Q3 Earnings Beat Estimates, Revenues Surge Y/Y

November 7, 2023 | finance.yahoo.com

ADTRAN's (ADTN) Q3 Earnings Miss Estimates on Lower Revenues

November 7, 2023 | finance.yahoo.com

Model N Responds to Mounting Regulatory Pharma Pressures with Innovations that Ensure Compliance and Optimize Revenue

November 3, 2023 | finance.yahoo.com

Universal Display (OLED) Q3 Earnings Beat Despite Lower Revenues

November 3, 2023 | finance.yahoo.com

Apple's (AAPL) Q4 Earnings Beat Estimates, Revenues Fall Y/Y

November 3, 2023 | finance.yahoo.com

BILL Holdings (BILL) Q1 Earnings Top Estimates, Revenues Up Y/Y

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/06/2023
Next Earnings (Estimated): 2/06/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:MODN
CUSIP: N/A
CIK: 1118417
Web: www.modeln.com
Phone: (650) 610-4600
Fax: 650-610-4699
Employees: 1,089
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $35.60
High Stock Price Target: $48.00
Low Stock Price Target: $30.00
Potential Upside/Downside: +52.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.90)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 116.85
P/E Growth: N/A
Net Income: $-33,920,000.00
Net Margins: -13.60%
Pretax Margin: -12.46%
Return on Equity: 3.98%
Return on Assets: 0.91%

Debt

Debt-to-Equity Ratio: 2.43
Current Ratio: 4.11
Quick Ratio: 4.11

Sales & Book Value

Annual Sales: $249.46 million
Price / Sales: 3.63
Cash Flow: $0.48 per share
Price / Cash Flow: 48.26
Book Value: $3.00 per share
Price / Book: 7.79

Miscellaneous

Outstanding Shares: 38,800,000
Free Float: 37,908,000
Market Cap: $906.76 million
Optionable: Optionable
Beta: 0.71

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Key Executives

Mr. Jason Blessing (Age 51)
President, CEO & Director
Comp: $1.28M
Mr. John Ederer (Age 53)
Chief Financial Officer
Comp: $712.89k
Mr. Mark Anderson (Age 62)
Chief Services Officer
Comp: $638.55k
Mr. Timothy M. Adams (Age 63)
CFO of Rapid7 & Director
Comp: $35k
Mr. Chris Lyon (Age 52)
Senior VP & Chief Revenue Officer
Comp: $919.62k
Mr. Suresh Kannan (Age 52)
Senior VP & Chief Product Officer
Comp: $711.05k
Gwyn Lauber
Director of Investor Relations
Mr. Errol Hunter
Chief Legal Officer
Mr. Rehmann Rayani (Age 42)
Chief Strategy & Marketing Officer
Ms. Laura Selig (Age 51)
Senior VP & Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MODN Stock Analysis - Frequently Asked Questions

Should I buy or sell Model N stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Model N in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MODN shares.
View MODN analyst ratings or view top-rated stocks.
What is Model N's stock price target for 2024?: 7 brokerages have issued 12-month price objectives for Model N's stock. Their MODN share price targets range from $30.00 to $48.00. On average, they anticipate the company's stock price to reach $35.60 in the next twelve months. This suggests a possible upside of 52.3% 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 on January 1st, 2023. Since then, MODN stock has decreased by 42.4% and is now trading at $23.37.
View the best growth stocks for 2023 here.
When is Model N's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024.
View our MODN earnings forecast.
How were Model N's earnings last quarter?: Model N, Inc. (NYSE:MODN) released its quarterly earnings data on Thursday, November, 9th. The software maker reported $0.08 EPS for the quarter, beating the consensus estimate of $0.04 by $0.04. The software maker earned $63.97 million during the quarter, compared to the consensus estimate of $62.17 million. Model N had a negative net margin of 13.60% and a positive trailing twelve-month return on equity of 3.98%.
What ETFs hold Model N's stock?: ETFs with the largest weight of Model N (NYSE:MODN) stock in their portfolio include Direxion Daily Cloud Computing Bull 2x (CLDL).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 FY23 earnings guidance on Thursday, November, 9th. The company provided earnings per share (EPS) guidance of $1.25-1.32 for the period, compared to the consensus EPS estimate of $1.09. The company issued revenue guidance of $260-263 million, compared to the consensus revenue estimate of $247.75 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).
Who are Model N's major shareholders?: Model N's stock is owned by many different institutional and retail investors. Top institutional investors include Conestoga Capital Advisors LLC (8.63%), Artisan Partners Limited Partnership (8.61%), Clearbridge Investments LLC (6.54%), Riverbridge Partners LLC (3.38%), Ranger Investment Management L.P. (2.26%) and Loomis Sayles & Co. L P (1.78%). Insiders that own company stock include Alan S Henricks, Christopher Lyon, Dave Michaud, Dave Yarnold, Jason Blessing, John Ederer, Kimberly Decarlis, Laura Selig, Manisha Shetty Gulati, Mark Albert Anderson, Rehmann Rayani, 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.

This page (NYSE:MODN) was last updated on 12/7/2023 by MarketBeat.com Staff

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Model N Stock Price, News & Analysis (NYSE:MODN)

Model N MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Model N Stock (NYSE:MODN)

MODN Stock Price History

MODN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MODN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™