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S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
NYSE:MODN

Model N - MODN Stock Forecast, Price & News

$26.37
-0.43 (-1.60%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$26.21
$26.97
50-Day Range
$22.27
$27.04
52-Week Range
$20.95
$39.99
Volume
93,092 shs
Average Volume
87,731 shs
Market Capitalization
$970.94 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$36.80

Model N MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
39.6% Upside
$36.80 Price Target
Short Interest
Bearish
7.63% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.85
Upright™ Environmental Score
News Sentiment
0.40mentions of Model N in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$717,582 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.30) to ($0.16) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.95 out of 5 stars

Computer And Technology Sector

451st out of 833 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

47th out of 83 stocks

MODN stock logo

About Model N (NYSE:MODN) Stock

Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies. The company offers Global Pricing Management, which minimizes price erosion of products; Global Tender Management that enhances revenue by enabling segmentation and targeting, optimal bid pricing, and post-award tracking; Provider Management, which minimizes rebate overpayments; Payer Management that minimizes revenue leakage and noncompliance of complex contracts; Government Pricing, which optimizes revenue, and reduces the risk of fines and other penalties; and Medicaid that enhances compliance with regulatory requirements and payments of rebate claims timely, as well as at correct rates for government medicaid programs. It also provides Deal Management, which increases deal conversion and pricing consistency; Deal Intelligence that controls price concessions and determines ideal prices; Channel Management, which provides manufacturers a view of inventory, as well as evaluate price protection and stock rotation, and matching available inventory to quotes; Market Development Fund Management that allows companies to streamline their MDF process and reduce revenue leakage; Rebates Management, which centralizes control of rebate programs; and Channel Data Management that automates the process of collection, cleansing, validation, and standardization of channel partner data, such as POS, inventory, and claims. In addition, the company offers implementation, managed, strategic, and customer support services. It primarily serves large and mid-sized organizations worldwide through its direct sales force. The company was incorporated in 1999 and is headquartered in San Mateo, California.

Model N Stock Down 0.7 %

Model N stock traded down $0.18 during trading on Monday, reaching $26.62. The company had a trading volume of 449 shares, compared to its average volume of 147,172. The firm's 50-day simple moving average is $25.03 and its 200 day simple moving average is $25.24. Model N has a 1-year low of $20.95 and a 1-year high of $39.99. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.68 and a quick ratio of 2.68.

Model N (NYSE:MODN - Get Rating) last released its quarterly earnings results on Tuesday, May 10th. The software maker reported ($0.09) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.13) by $0.04. Model N had a negative net margin of 13.60% and a negative return on equity of 7.58%. The firm had revenue of $53.30 million for the quarter, compared to analysts' expectations of $51.23 million. During the same quarter last year, the company earned ($0.17) EPS. The firm's revenue for the quarter was up 10.6% compared to the same quarter last year. Sell-side analysts forecast that Model N will post -0.3 EPS for the current year.

Analyst Upgrades and Downgrades

MODN has been the subject of several recent analyst reports. StockNews.com raised shares of Model N from a "hold" rating to a "buy" rating in a report on Monday, May 16th. BTIG Research cut their price objective on shares of Model N from $48.00 to $38.00 in a research report on Wednesday, May 11th. Finally, Craig Hallum dropped their target price on shares of Model N from $39.00 to $29.00 in a report on Wednesday, May 11th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Model N has a consensus rating of "Buy" and an average price target of $36.80.

Insider Buying and Selling at Model N

In other Model N news, CEO Jason Blessing sold 12,365 shares of the firm's stock in a transaction on Monday, May 16th. The stock was sold at an average price of $23.61, for a total value of $291,937.65. Following the transaction, the chief executive officer now owns 576,168 shares in the company, valued at approximately $13,603,326.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Jason Blessing sold 12,365 shares of Model N stock in a transaction on Monday, May 16th. The stock was sold at an average price of $23.61, for a total transaction of $291,937.65. Following the transaction, the chief executive officer now owns 576,168 shares in the company, valued at approximately $13,603,326.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Mark Albert Anderson sold 5,962 shares of Model N stock in a transaction on Tuesday, May 10th. The stock was sold at an average price of $22.76, for a total value of $135,695.12. Following the transaction, the insider now owns 183,745 shares in the company, valued at approximately $4,182,036.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 30,128 shares of company stock worth $717,582. Corporate insiders own 2.00% of the company's stock.

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MODN Stock News Headlines

Model N (MODN) Set to Announce Quarterly Earnings on Tuesday
Model N Inc Stock Quote MODN
Model N: Downgrading To Neutral On Deceleration
Model N Inc. Tops Q2 EPS by 7c
Model N: Strong Execution At Cheap Value
Instrument Name Model N Inc Instrument Symbol (MODN-N)
See More Headlines
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MODN Company Calendar

Last Earnings
11/09/2021
Today
8/09/2022
Next Earnings (Confirmed)
8/09/2022
Fiscal Year End
9/30/2022

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Employees
982
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$36.80
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$29.00
Forecasted Upside/Downside
+39.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-29,740,000.00
Pretax Margin
-13.11%

Debt

Sales & Book Value

Annual Sales
$193.45 million
Cash Flow
$0.30 per share
Book Value
$3.45 per share

Miscellaneous

Free Float
36,088,000
Market Cap
$970.94 million
Optionable
Optionable
Beta
0.83

Key Executives














MODN Stock - Frequently Asked Questions

Should I buy or sell Model N stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MODN shares.
View MODN analyst ratings
or view top-rated stocks.

What is Model N's stock price forecast for 2022?

4 brokers have issued twelve-month price objectives for Model N's shares. Their MODN share price forecasts range from $29.00 to $45.00. On average, they anticipate the company's stock price to reach $36.80 in the next twelve months. This suggests a possible upside of 39.6% from the stock's current price.
View analysts price targets for MODN
or view top-rated stocks among Wall Street analysts.

How has Model N's stock price performed in 2022?

Model N's stock was trading at $30.03 at the start of the year. Since then, MODN shares have decreased by 12.2% and is now trading at $26.37.
View the best growth stocks for 2022 here
.

When is Model N's next earnings date?

Model N is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022.
View our MODN earnings forecast
.

How can I listen to Model N's earnings call?

Model N will be holding an earnings conference call on Tuesday, August 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13725726".

How were Model N's earnings last quarter?

Model N, Inc. (NYSE:MODN) posted its earnings results on Tuesday, November, 9th. The software maker reported $0.18 EPS for the quarter, topping analysts' consensus estimates of ($0.12) by $0.30. The software maker had revenue of $51.48 million for the quarter, compared to analyst estimates of $50.63 million. Model N had a negative trailing twelve-month return on equity of 7.58% and a negative net margin of 13.60%. During the same quarter last year, the company earned ($0.01) EPS.

What guidance has Model N issued on next quarter's earnings?

Model N updated its third quarter 2022 earnings guidance on Tuesday, June, 7th. The company provided earnings per share (EPS) guidance of $0.14-$0.16 for the period, compared to the consensus earnings per share estimate of $0.14. The company issued revenue guidance of $54.50 million-$55.00 million, compared to the consensus revenue estimate of $54.88 million.

What is Jason Blessing's approval rating as Model N's CEO?

15 employees have rated Model N Chief Executive Officer Jason Blessing on Glassdoor.com. Jason Blessing has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Model N own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Model N investors own include NVIDIA (NVDA), JD.com (JD), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Inseego (INSG), Alibaba Group (BABA), Marvell Technology (MRVL), AbbVie (ABBV), Baidu (BIDU) and Block (SQ).

What is Model N's stock symbol?

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

Who are Model N's major shareholders?

Model N's stock is owned by a number of retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (13.54%), Riverbridge Partners LLC (4.08%), Ophir Asset Management Pty Ltd (2.25%), Emerald Advisers LLC (1.96%), Comerica Bank (1.07%) and Assenagon Asset Management S.A. (0.65%). Insiders that own company stock include Alan S Henricks, Christopher Lyon, Dave Michaud, David Barter, Jason Blessing, John Ederer, Kimberly Decarlis, Laura Selig, Mark Albert Anderson, Melissa B Fisher, Suresh Kannan and Timothy M Adams.
View institutional ownership trends
.

How do I buy shares of Model N?

Shares of MODN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Model N's stock price today?

One share of MODN stock can currently be purchased for approximately $26.37.

How much money does Model N make?

Model N (NYSE:MODN) has a market capitalization of $971.05 million and generates $193.45 million in revenue each year. The software maker earns $-29,740,000.00 in net income (profit) each year or ($0.78) on an earnings per share basis.

How many employees does Model N have?

Model N employs 982 workers across the globe.

How can I contact Model N?

Model N's mailing address is 777 MARINERS ISLAND BOULEVARD SUITE 300, SAN MATEO CA, 94404. The official website for the company is www.modeln.com. The software maker can be reached via phone at (650) 610-4600, via email at investorrelations@modeln.com, or via fax at 650-610-4699.

This page (NYSE:MODN) was last updated on 8/9/2022 by MarketBeat.com Staff

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