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. The company also offers revenue management processes, such as pricing, contracting, rebates, incentives, channel management, and regulatory compliance. In addition, Model N, Inc. provides implementation, managed, strategic, and customer support services. It primarily serves large and mid-sized organizations worldwide through its direct sales force. Model N, Inc. was founded in 1999 and is headquartered in San Mateo, California, with additional offices in the United States, India, and Switzerland.
Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Phone650-610-4600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$154.63 million
Profitability
Miscellaneous
Employees782
Next Earnings Date8/6/2019 (Estimated)
OptionableOptionable
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 quarterly earnings data on Tuesday, May, 7th. The software maker reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.19) by $0.20. The software maker earned $34.84 million during the quarter, compared to analyst estimates of $34.52 million. Model N had a negative net margin of 20.30% and a negative return on equity of 56.80%. Model N's quarterly revenue was down 11.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.02 EPS. View Model N's Earnings History.
When is Model N's next earnings date?
What guidance has Model N issued on next quarter's earnings?
Model N updated its FY19 earnings guidance on Tuesday, May, 7th. The company provided earnings per share (EPS) guidance of $0.10-$0.17 for the period, compared to the Thomson Reuters consensus estimate of $0.11. The company issued revenue guidance of $138.5-140.5 million, compared to the consensus revenue estimate of $140.61 million.Model N also updated its FY 2019 guidance to $0.10-0.17 EPS.
What price target have analysts set for MODN?
9 brokers have issued 12 month target prices for Model N's shares. Their predictions range from $20.00 to $25.00. On average, they expect Model N's share price to reach $22.75 in the next year. This suggests a possible upside of 25.4% from the stock's current price. View Analyst Price Targets for Model N.
What is the consensus analysts' recommendation for Model N?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 2 hold ratings and 7 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 headlines about MODN stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Model N earned a media sentiment score of 0.7 on InfoTrie's scale. They also gave media stories about the software maker a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an effect on the stock's share price in the near term.
Who are some of Model N's key competitors?
Some companies that are related to Model N include SVMK (SVMK), Qutoutiao (QTT), Eventbrite (EB), 21Vianet Group (VNET), Aurora Mobile (JG), Internet Initiative Japan (IIJI), HealthStream (HSTM), Jianpu Technology (JT), TrueCar (TRUE), Cardlytics (CDLX), The Rubicon Project (RUBI), Pintec Technology (PT), Internap (INAP), Synacor (SYNC) and Sify Technologies (SIFY).
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 shareholders include Trigran Investments Inc. (6.26%), BlackRock Inc. (6.00%), ArrowMark Colorado Holdings LLC (3.52%), Renaissance Technologies LLC (3.29%), Frontier Capital Management Co. LLC (3.23%) and FMR LLC (2.70%). Company insiders that own Model N stock include Alan S Henricks, Amelia Generalis, David Barter, Jason Blessing, 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 FMR LLC, PenderFund Capital Management Ltd., BlackRock Inc., Charles Schwab Investment Management Inc., AQR Capital Management LLC, Morgan Stanley, Los Angeles Capital Management & Equity Research Inc. and Oxford Asset Management LLP. Company insiders that have sold Model N company stock in the last year include Alan S Henricks, David Barter, Jason Blessing, Mark Albert Anderson, Neeraj Gokhale and Zack Rinat. 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 Renaissance Technologies LLC, Assenagon Asset Management S.A., Jacobs Levy Equity Management Inc., Granite Investment Partners LLC, ArrowMark Colorado Holdings LLC, Spark Investment Management LLC, Crown Advisors Management Inc. and Trigran Investments Inc.. 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, Scottrade, Fidelity and Charles Schwab.
What is Model N's stock price today?
One share of MODN stock can currently be purchased for approximately $18.14.
How big of a company is Model N?
Model N has a market capitalization of $589.19 million and generates $154.63 million in revenue each year. The software maker earns $-28,200,000.00 in net income (profit) each year or ($0.73) on an earnings per share basis. Model N employs 782 workers across the globe.
What is Model N's official website?
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)
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.
