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.
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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 Date11/5/2019 (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) announced its earnings results on Tuesday, August, 6th. The software maker reported ($0.05) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.14) by $0.09. The software maker earned $34.71 million during the quarter, compared to analysts' expectations of $34.16 million. Model N had a negative net margin of 12.21% and a negative return on equity of 27.17%. The firm's revenue for the quarter was down 12.4% on a year-over-year basis. During the same quarter last year, the company posted ($0.07) 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 issued an update on its FY19 earnings guidance on Tuesday, August, 6th. The company provided EPS guidance of $0.16-0.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.13. The company issued revenue guidance of $140.1-140.5 million, compared to the consensus revenue estimate of $139.57 million.
What price target have analysts set for MODN?
8 equities research analysts have issued 12-month price objectives for Model N's stock. Their forecasts range from $20.00 to $29.00. On average, they anticipate Model N's share price to reach $24.1429 in the next twelve months. This suggests that the stock has a possible downside of 15.6%. View Analyst Price Targets for Model N.
What is the consensus analysts' recommendation for Model N?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 1 hold rating 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?
News coverage about MODN stock has been trending somewhat negative recently, InfoTrie reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Model N earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned news headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Model N.
Are investors shorting Model N?
Model N saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 627,600 shares, a decrease of 12.5% from the July 31st total of 717,100 shares. Based on an average daily volume of 305,400 shares, the short-interest ratio is currently 2.1 days. Approximately 2.6% of the company's shares are sold short. View Model N's Current Options Chain.
Who are some of Model N's key competitors?
Some companies that are related to Model N include Pluralsight (PS), SVMK (SVMK), Eventbrite (EB), Health Catalyst (HCAT), Qutoutiao (QTT), Internet Initiative Japan (IIJIY), 21Vianet Group (VNET), Internet Initiative Japan (IIJI), HealthStream (HSTM), Cardlytics (CDLX), The Rubicon Project (RUBI), Jianpu Technology (JT), Aurora Mobile (JG), TrueCar (TRUE) and Pintec Technology (PT).
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 BlackRock Inc. (7.02%), First Light Asset Management LLC (6.66%), Trigran Investments Inc. (6.15%), Vanguard Group Inc. (4.64%), Renaissance Technologies LLC (3.63%) and Emerald Advisers LLC (2.04%). 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 D. E. Shaw & Co. Inc., PenderFund Capital Management Ltd., Granite Investment Partners LLC, Charles Schwab Investment Management Inc., Trigran Investments Inc., AQR Capital Management LLC, Emerald Advisers LLC and Boston Partners. 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 Nuveen Asset Management LLC, BlackRock Inc., Vanguard Group Inc., River & Mercantile Asset Management LLP, River & Mercantile Asset Management LLP, Cadence Capital Management LLC, PenderFund Capital Management Ltd. and Renaissance Technologies 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 $28.61.
How big of a company is Model N?
Model N has a market capitalization of $935.83 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.View Additional Information About Model N.
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.
