NYSE:MODN - Model N Stock Price, Price Target & More

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

Model N (NYSE:MODN) released its quarterly earnings results on Tuesday, May, 8th. The software maker reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.06. The software maker had revenue of $39.20 million for the quarter, compared to analyst estimates of $38.32 million. Model N had a negative net margin of 19.31% and a negative return on equity of 41.62%. The firm's revenue was up 17.7% on a year-over-year basis. During the same period last year, the firm earned ($0.25) earnings per share. View Model N's Earnings History.

Model N issued an update on its FY18 earnings guidance on Tuesday, May, 8th. The company provided earnings per share (EPS) guidance of ($0.07-0.05) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.06). The company issued revenue guidance of $152-154 million, compared to the consensus revenue estimate of $150.49 million.Model N also updated its Q3 guidance to ($0.11-0.09) EPS.

4 equities research analysts have issued twelve-month price objectives for Model N's stock. Their forecasts range from $20.00 to $20.00. On average, they expect Model N's share price to reach $20.00 in the next year. View Analyst Ratings for Model N.

Some companies that are related to Model N include Jianpu Technology (JT), Internet Initiative Japan (IIJI), TrueCar (TRUE), HealthStream (HSTM), 21Vianet Group (VNET), Cardlytics (CDLX), Internap (INAP), Rubicon Project (RUBI), Edgewater Technology (EDGW), Sify (SIFY), Synacor (SYNC), AutoWeb (AUTO), ChinaNet Online (CNET), MassRoots (MSRT) and GigaMedia (GIGM).

News stories about MODN stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Model N earned a daily sentiment score of 0.11 on Accern's scale. They also assigned media stories about the software maker an impact score of 44.83 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Model N's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.11%), First Light Asset Management LLC (3.50%), Millennium Management LLC (3.48%), Trigran Investments Inc. (2.45%), Lyon Street Capital LLC (2.23%) and Redmile Group LLC (1.72%). Company insiders that own Model N stock include Alan S Henricks, Amelia Generalis, Charles J Robel, Christopher Larsen, David Barter, Eric Carrasquilla, Mark Albert Anderson, Mark Tisdel, Neeraj Gokhale, Russell Mellott 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 Redmile Group LLC, Penn Capital Management Co. Inc., Trigran Investments Inc., Massachusetts Financial Services Co. MA, Russell Investments Group Ltd., New York State Common Retirement Fund, California Public Employees Retirement System and NJ State Employees Deferred Compensation Plan. Company insiders that have sold Model N company stock in the last year include Alan S Henricks, Amelia Generalis, David Barter, Mark Albert Anderson and Neeraj Gokhale. View Insider Buying and Selling for Model N.

MODN stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., Cortina Asset Management LLC, First Light Asset Management LLC, Next Century Growth Investors LLC, JPMorgan Chase & Co., Allianz Asset Management GmbH and A.R.T. Advisors LLC. Company insiders that have bought Model N stock in the last two years include Mark Tisdel, Russell Mellott and Zack Rinat. 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, Scottrade, Fidelity and Charles Schwab.

One share of MODN stock can currently be purchased for approximately $18.00.

Model N has a market capitalization of $549.54 million and generates $131.17 million in revenue each year. The software maker earns $-39,540,000.00 in net income (profit) each year or ($0.83) on an earnings per share basis. Model N employs 864 workers across the globe.

Model N's mailing address is 777 MARINERS ISLAND BOULEVARD SUITE 300, SAN MATEO CA, 94063. The software maker can be reached via phone at 650-610-4600.