NYSE:MODN - Model N Stock Price, Forecast & News

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

Model N Inc (NYSE:MODN) posted its quarterly earnings data on Tuesday, November, 5th. The software maker reported $0.12 EPS for the quarter, beating the Zacks' consensus estimate of ($0.03) by $0.15. The software maker earned $36.60 million during the quarter, compared to analysts' expectations of $35.72 million. Model N had a negative return on equity of 29.48% and a negative net margin of 13.66%. The business's revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.06 earnings per share. View Model N's Earnings History.

Model N is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Model N.

Model N will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Model N updated its FY20 earnings guidance on Tuesday, November, 5th. The company provided earnings per share (EPS) guidance of $0.22-$0.31 for the period, compared to the Thomson Reuters consensus estimate of $0.28. The company issued revenue guidance of $152-$155 million, compared to the consensus revenue estimate of $152.73 million.

7 equities research analysts have issued 12-month target prices for Model N's stock. Their forecasts range from $23.00 to $40.00. On average, they anticipate Model N's stock price to reach $31.00 in the next year. This suggests that the stock has a possible downside of 7.2%. View Analyst Price Targets for Model N.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Model N.

Media stories about MODN stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Model N earned a daily sentiment score of 0.5 on InfoTrie's scale. They also gave press coverage about the software maker a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Model N.

Model N saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,150,000 shares, an increase of 84.6% from the December 15th total of 622,800 shares. Based on an average daily trading volume, of 282,800 shares, the days-to-cover ratio is presently 4.1 days. Approximately 4.7% of the company's stock are short sold. View Model N's Current Options Chain.

Some companies that are related to Model N include HUYA (HUYA), Tripadvisor (TRIP), Medallia (MDLA), Switch (SWCH), DouYu International (DOYU), Livongo Health (LVGO), Pluralsight (PS), SVMK (SVMK), Cardlytics (CDLX), Eventbrite (EB), Health Catalyst (HCAT), 21Vianet Group (VNET), Internet Initiative Japan (IIJIY), Qutoutiao (QTT) and HealthStream (HSTM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Model N investors own include MassRoots (MSRT), GTT Communications (GTT), NVIDIA (NVDA), AbbVie (ABBV), 3D Systems (DDD), Baozun (BZUN), Gilead Sciences (GILD), JD.Com (JD), Alibaba Group (BABA) and Ford Motor (F).

Model N's stock is owned by a number of of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.02%). Company insiders that own Model N stock include Alan S Henricks, David Barter, Jason Blessing, Laura Selig, Mark Albert Anderson, Neeraj Gokhale 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 Assenagon Asset Management S.A.. Company insiders that have sold Model N company stock in the last year include Alan S Henricks, David Barter, Jason Blessing, Laura Selig, Mark Albert Anderson and Neeraj Gokhale. 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, Robinhood, Fidelity and Charles Schwab.

One share of MODN stock can currently be purchased for approximately $33.39.

Model N has a market capitalization of $1.10 billion and generates $141.24 million in revenue each year. The software maker earns $-19,290,000.00 in net income (profit) each year or ($0.43) on an earnings per share basis. Model N employs 782 workers across the globe.View Additional Information About Model N.

The official website for Model N is http://www.modeln.com/.

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.