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

$30.55
+0.47 (+1.56 %)
(As of 11/13/2019 03:09 AM ET)
Today's Range
$30.20
Now: $30.55
$30.75
50-Day Range
$27.13
MA: $28.54
$30.60
52-Week Range
$12.98
Now: $30.55
$32.00
Volume229,356 shs
Average Volume253,418 shs
Market Capitalization$999.35 million
P/E RatioN/A
Dividend YieldN/A
Beta0.52
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$1.28 per share

Profitability

Net Income$-19,290,000.00

Miscellaneous

Employees782
Market Cap$999.35 million
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) released its earnings results on Tuesday, November, 5th. The software maker reported $0.12 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.03) by $0.15. The software maker had revenue of $36.60 million for the quarter, compared to analyst estimates of $35.72 million. Model N had a negative net margin of 13.66% and a negative return on equity of 29.70%. The firm's quarterly revenue was down .3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.06 EPS. 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 issued an update on its FY20 earnings guidance on Tuesday, November, 5th. The company provided earnings per share 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 1 year price targets for Model N's stock. Their forecasts range from $23.00 to $36.00. On average, they expect Model N's stock price to reach $28.83 in the next twelve months. This suggests that the stock has a possible downside of 5.6%. 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 1 hold rating and 5 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?

News headlines about MODN stock have been trending very negative on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Model N earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Model N.

Who are some of Model N's key competitors?

What other stocks do shareholders of Model N own?

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 investors include Emerald Advisers LLC (1.88%), Schwab Charitable Fund (0.85%), Essex Investment Management Co. LLC (0.44%), Russell Investments Group Ltd. (0.41%), Assenagon Asset Management S.A. (0.39%) and Rice Hall James & Associates LLC (0.30%). Company insiders that own Model N stock include Alan S Henricks, David Barter, Jason Blessing, Mark Albert Anderson, Neeraj Gokhale and Zack Rinat. View Institutional Ownership Trends for Model N.

Which institutional 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, 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, Mark Albert Anderson and Neeraj Gokhale. View Insider Buying and Selling for Model N.

Which institutional investors are buying Model N stock?

MODN stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., SG Americas Securities LLC, Synovus Financial Corp, California Public Employees Retirement System, Wakefield Asset Management LLLP, Mackay Shields LLC, Dupont Capital Management Corp and Campbell & CO Investment Adviser LLC. 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 $30.55.

How big of a company is Model N?

Model N has a market capitalization of $999.35 million 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:  237 (Vote Outperform)
Underperform Votes:  293 (Vote Underperform)
Total Votes:  530
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 11/13/2019 by MarketBeat.com Staff

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