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

-0.35 (-1.50 %)
(As of 03/29/2020 08:49 AM ET)
Today's Range
Now: $22.92
50-Day Range
MA: $27.47
52-Week Range
Now: $22.92
Volume389,141 shs
Average Volume441,775 shs
Market Capitalization$763.92 million
P/E RatioN/A
Dividend YieldN/A
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. The company also offers revenue management processes, such as pricing, contracting, rebates, incentives, channel management, and regulatory compliance. In addition, Model N, Inc. provides implementation, managed, strategic, and customer support services. It primarily serves large and mid-sized organizations worldwide through its direct sales force. Model N, Inc. was founded in 1999 and is headquartered in San Mateo, California, with additional offices in the United States, India, and Switzerland.
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Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
SectorComputer and Technology



Sales & Book Value

Annual Sales$141.24 million
Book Value$1.61 per share


Net Income$-19,290,000.00


Market Cap$763.92 million
Next Earnings Date5/5/2020 (Estimated)

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Model N (NYSE:MODN) Frequently Asked Questions

How has Model N's stock been impacted by COVID-19 (Coronavirus)?

Model N's stock was trading at $23.28 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MODN stock has decreased by 1.5% and is now trading at $22.92. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Model N?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Model N.

When is Model N's next earnings date?

Model N is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Model N.

How were Model N's earnings last quarter?

Model N Inc (NYSE:MODN) issued its quarterly earnings data on Tuesday, February, 4th. The software maker reported $0.12 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.11) by $0.23. The software maker had revenue of $38.40 million for the quarter, compared to the consensus estimate of $37.26 million. Model N had a negative net margin of 12.15% and a negative return on equity of 25.25%. The business's revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.03 EPS. View Model N's earnings history.

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

Model N updated its FY20 earnings guidance on Tuesday, February, 4th. The company provided earnings per share guidance of $0.25-0.31 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.28. The company issued revenue guidance of $154-156 million, compared to the consensus revenue estimate of $153.51 million.

What price target have analysts set for MODN?

8 analysts have issued 12 month price objectives for Model N's shares. Their forecasts range from $23.00 to $41.00. On average, they expect Model N's stock price to reach $31.00 in the next year. This suggests a possible upside of 35.3% from the stock's current price. View analysts' price targets 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. According to Zacks Investment Research, "Model N is expected to benefit from rapid adoption of its Revenue Cloud offering for med-tech, pharma, semiconductor, manufacturing and high-tech companies. Particularly, deal wins in the MedTech industry including Amgen, CSL, Boston Scientific, Biogen and Novo Nordisk are noteworthy. Integration of Revitas bodes well for Model N as it will not only reduce competition in life sciences vertical but will also expand customer base. Notably, shares of Model N have outperformed the industry in the past year. However, the decline in maintenance subscription contracts remains a concern. Additionally, higher operating losses and lack of big shot international customers are expected to weigh on the company’s growth initiatives." (3/25/2020)
  • 2. 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)

Has Model N been receiving favorable news coverage?

News stories about MODN stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media 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 five, with scores nearest to five being the most favorable. Model N earned a news impact score of 0.8 on InfoTrie's scale. They also assigned media headlines about the software maker a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutModel N.

Are investors shorting Model N?

Model N saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 938,600 shares, an increase of 12.5% from the February 13th total of 834,200 shares. Based on an average daily volume of 342,100 shares, the short-interest ratio is currently 2.7 days. Approximately 3.6% of the company's stock are sold short. View Model N's Current Options Chain.

Who are some of Model N's key competitors?

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 MassRoots (MSRT), GTT Communications (GTT), NVIDIA (NVDA), Alibaba Group (BABA), Baidu (BIDU), Baozun (BZUN), JD.Com (JD), Advanced Micro Devices (AMD), R1 RCM (RCM) and AbbVie (ABBV).

Who are Model N's key executives?

Model N's management team includes the following 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

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 variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (6.33%), Fred Alger Management LLC (3.52%), State Street Corp (2.28%), Emerald Advisers LLC (1.85%), Nuveen Asset Management LLC (1.69%) and Artisan Partners Limited Partnership (1.61%). Company insiders that own Model N stock include Alan S Henricks, Christopher Lyon, David Barter, Jason Blessing, Laura Selig, 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 ArrowMark Colorado Holdings LLC, Nuveen Asset Management LLC, Assenagon Asset Management S.A., Oxford Asset Management LLP, Panagora Asset Management Inc., Rice Hall James & Associates LLC, Castleark Management LLC, and Synovus Financial Corp. Company insiders that have sold Model N company stock in the last year include Christopher Lyon, David Barter, Jason Blessing, Laura Selig, Mark Albert Anderson, and Neeraj Gokhale. View insider buying and selling activity for Model N.

Which major investors are buying Model N stock?

MODN stock was purchased by a variety of institutional investors in the last quarter, including Fred Alger Management LLC, Renaissance Technologies LLC, Artisan Partners Limited Partnership, Russell Investments Group Ltd., Acadian Asset Management LLC, Credit Suisse AG, Bank of Montreal Can, and State Street Corp. View insider buying and selling activity 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 $22.92.

How big of a company is Model N?

Model N has a market capitalization of $763.92 million 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.

What is Model N's official website?

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

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  268 (Vote Outperform)
Underperform Votes:  324 (Vote Underperform)
Total Votes:  592
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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