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NYSE:MODN - Model N Stock Price, Forecast & News

$32.78
+0.05 (+0.15 %)
(As of 12/15/2019 04:00 PM ET)
Today's Range
$32.30
Now: $32.78
$32.83
50-Day Range
$27.90
MA: $30.20
$32.83
52-Week Range
$12.98
Now: $32.78
$32.90
Volume377,627 shs
Average Volume218,951 shs
Market Capitalization$1.08 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.51
Model N, Inc provides revenue management cloud solutions for the life sciences and technology companies. The company's cloud-based revenue management solutions include Revenue Cloud for Pharma, Revenue Cloud for Med Tech, and Revenue Cloud for Semiconductors and High Tech Manufacturing. It develops software applications, such as managed care and government pricing for life science companies; and channel incentives for technology companies. Read More…

Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone650-610-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$141.24 million
Book Value$1.61 per share

Profitability

Net Income$-19,290,000.00

Miscellaneous

Employees782
Market Cap$1.08 billion
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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Model N (NYSE:MODN) Frequently Asked Questions

What is Model N's stock symbol?

Model N trades on the New York Stock Exchange (NYSE) under the ticker symbol "MODN."

How were Model N's earnings last quarter?

Model N Inc (NYSE:MODN) announced its quarterly earnings data on Tuesday, November, 5th. The software maker reported $0.12 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.15. The software maker earned $36.60 million during the quarter, compared to the consensus estimate of $35.72 million. Model N had a negative net margin of 13.66% and a negative return on equity of 29.48%. The company's revenue was down .3% on a year-over-year basis. During the same period in the previous year, the business earned $0.06 earnings per share. View Model N's Earnings History.

When is Model N's next earnings date?

Model N is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Model N.

What guidance has Model N issued on next quarter's earnings?

Model N updated its FY20 earnings guidance on Tuesday, November, 5th. The company provided EPS guidance of $0.22-$0.31 for the period, compared to the Thomson Reuters consensus estimate of $0.28. The company issued revenue guidance of $152-$155 million, compared to the consensus revenue estimate of $152.73 million.

What price target have analysts set for MODN?

6 Wall Street analysts have issued 12-month target prices for Model N's shares. Their forecasts range from $23.00 to $36.00. On average, they anticipate Model N's share price to reach $29.50 in the next year. This suggests that the stock has a possible downside of 10.0%. View Analyst Price Targets for Model N.

What is the consensus analysts' recommendation for Model N?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Model N.

What are Wall Street analysts saying about Model N stock?

Here are some recent quotes from research analysts about Model N stock:
  • 1. Chardan Capital analysts commented, "We liked the onboarding of new customers for cloud subscription services segment and healthy pipeline for FY19. Management is on track to complete its move toward 100% SaaS revenue. We also liked strong execution capabilities over the last few quarters and see potential for valuation multiple expansion over the next 12 months. We maintain our PT at $23 and reiterate our Buy rating." (5/20/2019)
  • 2. According to Zacks Investment Research, "Model N is benefiting from rapid adoption of its Revenue Cloud offering for med-tech, pharma, semiconductor, manufacturing and high tech companies. The integration of Revitas acquisition bodes well for the company as it not only reduced competition in the life sciences vertical but also bolstered its customer base. Steady progress in the company’s transformation to a 100% Software-as-a-Service (SaaS) based model drove recurring revenue growth. The company has positive record of earnings surprises in recent quarters. Notably, estimates have been stable lately ahead of the company’s Q1 earnings release. Nevertheless, stiff competition from peers is a headwind. Also, higher operating losses and lack of big shot international customers is expected to hurt company’s growth initiatives. Shares of Model N have underperformed the industry in the past year." (2/5/2019)

Has Model N been receiving favorable news coverage?

Media coverage about MODN stock has been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Model N earned a coverage optimism score of -1.9 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Model N.

Are investors shorting Model N?

Model N saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 652,100 shares, a drop of 14.3% from the September 30th total of 761,300 shares. Based on an average daily volume of 367,600 shares, the days-to-cover ratio is currently 1.8 days. Approximately 2.7% of the shares of the company are sold short. View Model N's Current Options Chain.

Who are some of Model N's key competitors?

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 MassRoots (MSRT), GTT Communications (GTT), 3D Systems (DDD), Ford Motor (F), FireEye (FEYE), Iridium Communications (IRDM), NVIDIA (NVDA), Care.com (CRCM), Akorn (AKRX) and Advanced Micro Devices (AMD).

Who are Model N's key executives?

Model N's management team includes the folowing people:
  • Mr. Jason Blessing, CEO & Director (Age 47)
  • Mr. David Barter, Sr. VP & CFO (Age 47)
  • Mr. Mark Anderson, Sr. VP of Global Services (Age 58)
  • Mr. Neeraj Gokhale, Sr. VP & Chief Product Officer (Age 51)
  • Mr. Errol Hunter, Sr. VP & Gen. Counsel

Who are Model N's major shareholders?

Model N's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (2.20%), Emerald Advisers LLC (1.88%), Millennium Management LLC (0.95%), Schwab Charitable Fund (0.85%), Essex Investment Management Co. LLC (0.44%) and Castleark Management LLC (0.43%). Company insiders that own Model N stock include Alan S Henricks, David Barter, Jason Blessing, Laura Selig, Mark Albert Anderson, Neeraj Gokhale and Zack Rinat. View Institutional Ownership Trends for Model N.

Which major investors are selling Model N stock?

MODN stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Cadence Capital Management LLC, Rice Hall James & Associates LLC, Emerald Advisers LLC, Schwab Charitable Fund, Boston Partners, Essex Investment Management Co. LLC and Tower Research Capital LLC TRC. Company insiders that have sold Model N company stock in the last year include Alan S Henricks, David Barter, Jason Blessing, Laura Selig, Mark Albert Anderson and Neeraj Gokhale. View Insider Buying and Selling for Model N.

Which major investors are buying Model N stock?

MODN stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Castleark Management LLC, Russell Investments Group Ltd., SG Americas Securities LLC, State Street Corp, Stifel Financial Corp, Squarepoint Ops LLC and Synovus Financial Corp. View Insider Buying and Selling for Model N.

How do I buy shares of Model N?

Shares of MODN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Model N's stock price today?

One share of MODN stock can currently be purchased for approximately $32.78.

How big of a company is Model N?

Model N has a market capitalization of $1.08 billion and generates $141.24 million in revenue each year. The software maker earns $-19,290,000.00 in net income (profit) each year or ($0.43) on an earnings per share basis. Model N employs 782 workers across the globe.View Additional Information About Model N.

What is Model N's official website?

The official website for Model N is http://www.modeln.com/.

How can I contact Model N?

Model N's mailing address is 777 MARINERS ISLAND BOULEVARD SUITE 300, SAN MATEO CA, 94404. The software maker can be reached via phone at 650-610-4600.


MarketBeat Community Rating for Model N (NYSE MODN)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  243 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  541
MarketBeat's community ratings are surveys of what our community members think about Model N and other stocks. Vote "Outperform" if you believe MODN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MODN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2019 by MarketBeat.com Staff

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