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) released its quarterly earnings data on Tuesday, August, 6th. The software maker reported ($0.05) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.14) by $0.09. The software maker had revenue of $34.71 million for the quarter, compared to the consensus estimate of $34.16 million. Model N had a negative net margin of 12.21% and a negative return on equity of 27.17%. The company's quarterly revenue was down 12.4% on a year-over-year basis. During the same period last year, the firm earned ($0.07) 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, August, 6th. The company provided earnings per share (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 brokers have issued 12-month price objectives for Model N's shares. Their predictions range from $20.00 to $29.00. On average, they anticipate Model N's stock price to reach $24.1429 in the next twelve months. This suggests that the stock has a possible downside of 12.0%. 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?
Media stories about MODN stock have trended positive on Friday, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Model N earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days. View News Stories for Model N.
Are investors shorting Model N?
Model N saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 717,100 shares, a drop of 6.4% from the June 30th total of 765,800 shares. Based on an average trading volume of 241,700 shares, the days-to-cover ratio is presently 3.0 days. Approximately 3.2% of the shares of the company are short sold. 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 SVMK (SVMK), Pluralsight (PS), Eventbrite (EB), Health Catalyst (HCAT), Qutoutiao (QTT), Internet Initiative Japan (IIJIY), Internet Initiative Japan (IIJI), HealthStream (HSTM), 21Vianet Group (VNET), Cardlytics (CDLX), Jianpu Technology (JT), Aurora Mobile (JG), The Rubicon Project (RUBI), 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, Amelia Generalis, David Barter, Jason Blessing, Mark Albert Anderson, Neeraj Gokhale and Zack Rinat. View Institutional Ownership Trends for Model N.
Which major 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 Rice Hall James & Associates LLC. 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 major investors are buying Model N stock?
MODN stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., Vanguard Group Inc., Cadence Capital Management LLC, PenderFund Capital Management Ltd., Renaissance Technologies LLC, Jacobs Levy Equity Management Inc. and Bessemer Group Inc.. 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 $27.42.
How big of a company is Model N?
Model N has a market capitalization of $896.96 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.
