Model N, Inc. provides revenue management cloud solutions for the life sciences, technology, and manufacturing companies. The company's cloud-based revenue management solutions include Revenue Cloud for Pharma, Revenue Cloud for Med Tech, Revenue Cloud for High Tech, and Revenue Cloud. 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
Stock Exchange NYSE
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:MODN
Previous Symbol
CUSIPN/A
Phone650-610-4600
Debt
Debt-to-Equity Ratio1.31
Current Ratio1.23
Quick Ratio1.23
Price-To-Earnings
Trailing P/E Ratio-19.88
Forward P/E Ratio-38.61
P/E GrowthN/A
Sales & Book Value
Annual Sales$154.63 million
Price / Sales2.83
Cash FlowN/A
Price / Cash FlowN/A
Book Value$1.28 per share
Price / Book10.86
Profitability
EPS (Most Recent Fiscal Year)($0.73)
Net Income$-28,200,000.00
Net Margins-18.24%
Return on Equity-54.52%
Return on Assets-12.87%
Miscellaneous
Employees232
Outstanding Shares31,450,000
Market Cap$445.61 million
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) announced its quarterly earnings results on Tuesday, November, 6th. The software maker reported ($0.08) EPS for the quarter, topping analysts' consensus estimates of ($0.13) by $0.05. The software maker earned $36.70 million during the quarter, compared to analysts' expectations of $35.49 million. Model N had a negative net margin of 18.24% and a negative return on equity of 54.52%. The company's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter last year, the company earned ($0.06) earnings per share. 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, November, 6th. The company provided earnings per share guidance of $0.05-0.17 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21. The company issued revenue guidance of $138-142 million, compared to the consensus revenue estimate of $156.02 million.Model N also updated its FY 2019 guidance to $0.05-0.17 EPS.
What price target have analysts set for MODN?
7 equities research analysts have issued 12-month target prices for Model N's stock. Their predictions range from $20.00 to $25.00. On average, they expect Model N's stock price to reach $22.6667 in the next twelve months. This suggests a possible upside of 63.1% from the stock's current price. View Analyst Price Targets for Model N.
What is the consensus analysts' recommendation for Model N?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Model N.
Has Model N been receiving favorable news coverage?
News stories about MODN stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news 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 daily sentiment score of 1.0 on InfoTrie's scale. They also assigned media headlines about the software maker a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are some of Model N's key competitors?
Some companies that are related to Model N include SVMK (SVMK), Qutoutiao (QTT), Internet Initiative Japan (IIJI), 21Vianet Group (VNET), TrueCar (TRUE), HealthStream (HSTM), Aurora Mobile (JG), Jianpu Technology (JT), Pintec Technology (PT), Cardlytics (CDLX), The Rubicon Project (RUBI), Internap (INAP), Synacor (SYNC), Sify Technologies (SIFY) and GigaMedia (GIGM).
Who are Model N's key executives?
Model N's management team includes the folowing people:
- Mr. Zack Rinat, Founder & Strategic Advisor (Age 59)
- Mr. David Barter, Sr. VP & CFO (Age 46)
- Mr. Russell K. Mellott, Sr. VP & Chief Revenue Officer (Age 48)
- Mr. Jason Blessing, CEO & Director (Age 46)
- Mr. Errol Hunter, Sr. VP & Gen. Counsel
Who are Model N's major shareholders?
Model N's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.97%), FMR LLC (6.81%), First Light Asset Management LLC (4.27%), Renaissance Technologies LLC (3.51%), Vanguard Group Inc. (3.43%) and Frontier Capital Management Co. LLC (2.82%). Company insiders that own Model N stock include Alan S Henricks, Amelia Generalis, Charles J Robel, David Barter, Mark Albert Anderson, Mark Tisdel, Neeraj Gokhale, Russell Mellott 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 Renaissance Technologies LLC, Trigran Investments Inc., Bank of New York Mellon Corp, Emerald Advisers Inc. PA, S Squared Technology LLC, Dynamic Technology Lab Private Ltd and First Light Asset Management LLC. Company insiders that have sold Model N company stock in the last year include David Barter, Mark Albert Anderson, Neeraj Gokhale and Zack Rinat. 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 FMR LLC, Frontier Capital Management Co. LLC, Assenagon Asset Management S.A., BlackRock Inc., Massachusetts Financial Services Co. MA, American Century Companies Inc., SG Americas Securities LLC and PenderFund Capital Management Ltd.. Company insiders that have bought Model N stock in the last two years include Mark Tisdel, Russell Mellott and Zack Rinat. 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 $13.90.
How big of a company is Model N?
Model N has a market capitalization of $445.61 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 232 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, 94063. 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.
