NYSE:MODN - Model N Stock Price, Price Target & More

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

Model N (NYSE:MODN) released its quarterly earnings data on Tuesday, May, 8th. The software maker reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.06. The software maker earned $39.20 million during the quarter, compared to the consensus estimate of $38.32 million. Model N had a negative net margin of 19.31% and a negative return on equity of 41.62%. Model N's revenue for the quarter was up 17.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.25) earnings per share. View Model N's Earnings History.

Model N issued an update on its FY18 earnings guidance on Tuesday, May, 8th. The company provided earnings per share (EPS) guidance of ($0.07-0.05) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.06). The company issued revenue guidance of $152-154 million, compared to the consensus revenue estimate of $150.49 million.Model N also updated its Q3 guidance to ($0.11-0.09) EPS.

4 brokerages have issued 1-year target prices for Model N's stock. Their predictions range from $20.00 to $20.00. On average, they expect Model N's share price to reach $20.00 in the next twelve months. View Analyst Ratings for Model N.

Some companies that are related to Model N include Pluralsight Cl A (PS), TrueCar (TRUE), Jianpu Technology (JT), Internet Initiative Japan (IIJI), 21Vianet Group (VNET), HealthStream (HSTM), Cardlytics (CDLX), Internap (INAP), Rubicon Project (RUBI), Edgewater Technology (EDGW), Sify Technologies (SIFY), Synacor (SYNC), ChinaNet Online (CNET), AutoWeb (AUTO) and MassRoots (MSRT).

News stories about MODN stock have been trending somewhat positive on Friday, Accern Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Model N earned a daily sentiment score of 0.03 on Accern's scale. They also gave media headlines about the software maker an impact score of 45.71 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Model N's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.11%), First Light Asset Management LLC (3.50%), Millennium Management LLC (3.48%), Trigran Investments Inc. (2.45%), Lyon Street Capital LLC (2.23%) and Redmile Group LLC (1.72%). Company insiders that own Model N stock include Alan S Henricks, Amelia Generalis, Charles J Robel, Christopher Larsen, David Barter, Eric Carrasquilla, Mark Albert Anderson, Mark Tisdel, Neeraj Gokhale, Russell Mellott and Zack Rinat. View Institutional Ownership Trends for Model N.

MODN stock was sold by a variety of institutional investors in the last quarter, including Redmile Group LLC, Penn Capital Management Co. Inc., Trigran Investments Inc., Massachusetts Financial Services Co. MA, Russell Investments Group Ltd., New York State Common Retirement Fund, California Public Employees Retirement System and NJ State Employees Deferred Compensation Plan. Company insiders that have sold Model N company stock in the last year include Alan S Henricks, Amelia Generalis, David Barter, Mark Albert Anderson and Neeraj Gokhale. View Insider Buying and Selling for Model N.

MODN stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., Cortina Asset Management LLC, First Light Asset Management LLC, Next Century Growth Investors LLC, JPMorgan Chase & Co., Allianz Asset Management GmbH and Allianz Asset Management GmbH. 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.

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.

One share of MODN stock can currently be purchased for approximately $18.00.

Model N has a market capitalization of $543.43 million and generates $131.17 million in revenue each year. The software maker earns $-39,540,000.00 in net income (profit) each year or ($0.83) on an earnings per share basis. Model N employs 864 workers across the globe.

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.