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) issued its quarterly earnings results on Tuesday, May, 8th. The software maker reported $0.02 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.04) by $0.06. The software maker earned $39.20 million during the quarter, compared to analysts' expectations 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 quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.25) EPS. View Model N's Earnings History.

Model N updated 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 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 equities research analysts have issued twelve-month price targets for Model N's stock. Their predictions range from $20.00 to $20.00. On average, they anticipate Model N's stock 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).

Media stories about MODN stock have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Model N earned a media sentiment score of 0.18 on Accern's scale. They also assigned news stories about the software maker an impact score of 44.78 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Model N's stock is owned by a number of of retail and institutional 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.