NYSE:MODN Model N - MODN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Model N, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $38.80 -0.86 (-2.17%) (As of 02/1/2023 02:42 PM ET) Add Compare Share Share Today's Range$38.52▼$39.9750-Day Range$37.51▼$42.6252-Week Range$20.95▼$43.18Volume262,427 shsAverage Volume352,254 shsMarket Capitalization$1.46 billionP/E RatioN/ADividend YieldN/APrice Target$43.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Model N MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside11.7% Upside$43.50 Price TargetShort InterestBearish7.55% of Shares Sold ShortDividend StrengthN/ASustainability-0.87Upright™ Environmental ScoreNews Sentiment0.42Based on 3 Articles This WeekInsider TradingSelling Shares$3.48 M Sold Last QuarterProj. Earnings Growth25.00%From $0.04 to $0.05 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.11 out of 5 starsComputer And Technology Sector470th out of 630 stocksComputer Programming, Data Processing, & Other Computer Related Industry48th out of 64 stocks 2.5 Analyst's Opinion Consensus RatingModel N has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.50, Model N has a forecasted upside of 11.7% from its current price of $38.96.Amount of Analyst CoverageModel N has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.55% of the outstanding shares of Model N have been sold short.Short Interest Ratio / Days to CoverModel N has a short interest ratio ("days to cover") of 8.3.Change versus previous monthShort interest in Model N has recently decreased by 1.04%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldModel N does not currently pay a dividend.Dividend GrowthModel N does not have a long track record of dividend growth. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreModel N has received a 26.15% net impact score from Upright. Model N seems to create the most significant positive value in categories "Taxes", "Jobs", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Compliance management software", "Regulatory compliance software", and "Blockchain-based contract management software" products. See details.Environmental SustainabilityThe Environmental Impact score for Model N is -0.87. Previous Next 2.5 News and Social Media Coverage News SentimentModel N has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Model N this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for MODN on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat Follows4 people have added Model N to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Model N insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,479,356.00 in company stock.Percentage Held by InsidersOnly 2.30% of the stock of Model N is held by insiders.Percentage Held by Institutions96.63% of the stock of Model N is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Model N are expected to grow by 25.00% in the coming year, from $0.04 to $0.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Model N is -49.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Model N is -49.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioModel N has a P/B Ratio of 10.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Model N (NYSE:MODN) StockModel N, Inc. engages in developing and monetizing revenue management solutions. It offers cloud revenue optimization and compliance to pharmaceutical, medical technology, semiconductor, and high-tech companies. Its products provide business processes such as pricing, quoting, contracting, regulatory compliance, rebates and incentives. The company was founded by Yarden Malka, Zack Rinat, and Ali Tore on December 14, 1999 and is headquartered in San Mateo, CA.Read More Receive MODN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Model N and its competitors with MarketBeat's FREE daily newsletter. Email Address MODN Stock News HeadlinesFebruary 1, 2023 | seekingalpha.comMODN Model N, Inc.January 30, 2023 | finance.yahoo.comModel N Announces State of Revenue Webinars for Life Sciences and High-Tech IndustriesFebruary 1, 2023 | PressReach (Ad)Top Innovation StockToday's stock market report features an AI Robotics tech stock with a $4 million order backlog.January 17, 2023 | finance.yahoo.comModel N Announces Date of First Quarter Fiscal Year 2023 Financial ResultsJanuary 16, 2023 | msn.comModel N, Inc. (MODN) Hit a 52 Week High, Can the Run Continue?January 5, 2023 | finance.yahoo.comWhat Makes Model N (MODN) a Strong Momentum Stock: Buy Now?December 30, 2022 | finance.yahoo.comDo You Think Model N (MODN) is an Attractive Investment Opportunity?December 20, 2022 | seekingalpha.comModel N: Fundamentals Don't Support ValuationFebruary 1, 2023 | Investing Trends (Ad)Profit From the Commercial Solar Boom?Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered. December 15, 2022 | finance.yahoo.comShould You Invest in Model N (MODN)December 13, 2022 | finance.yahoo.comModel N, Inc. (MODN) Soars to 52-Week High, Time to Cash Out?December 8, 2022 | finance.yahoo.comModel N (MODN) Down 1.3% Since Last Earnings Report: Can It Rebound?December 6, 2022 | finance.yahoo.comHere's Why Model N (MODN) is a Promising Portfolio PickDecember 6, 2022 | finance.yahoo.comModel N (MODN) Is Up 0.34% in One Week: What You Should KnowNovember 30, 2022 | benzinga.comModel N Board Member Trades Company's StockNovember 30, 2022 | benzinga.comModel N Chief Revenue Officer Sold $401K In Company StockNovember 24, 2022 | finance.yahoo.comModel N (MODN) is a Top-Ranked Momentum Stock: Should You Buy?November 21, 2022 | finance.yahoo.com3 Internet Software Stocks to Buy in a Prospering IndustryNovember 16, 2022 | benzinga.comMassive Insider Trade At Model NNovember 16, 2022 | benzinga.comModel N Insider Trades Send a SignalNovember 16, 2022 | finance.yahoo.comAre You Looking for a Top Momentum Pick? Why Model N (MODN) is a Great ChoiceNovember 15, 2022 | finance.yahoo.comModel N Fall 2022 Product Offering Addresses Dynamic Market NeedsNovember 14, 2022 | finance.yahoo.comLooking For Company With Model Chart? Check Out Model N StockNovember 11, 2022 | finance.yahoo.comModel N Stock Continues Adding To Its Composite Rating, Hitting 96November 10, 2022 | finance.yahoo.comModel N (MODN) Beats Q4 Earnings Estimates, Shares GainNovember 9, 2022 | seekingalpha.comModel N, Inc. (MODN) CEO Jason Blessing on Q4 2022 Results - Earnings Call TranscriptNovember 8, 2022 | finance.yahoo.comModel N Announces Fourth Quarter and Fiscal Year 2022 Financial ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MODN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Model N and its competitors with MarketBeat's FREE daily newsletter. Email Address MODN Company Calendar Last Earnings11/08/2022Today2/01/2023Next Earnings (Confirmed)2/07/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:MODN CUSIPN/A CIK1118417 Webwww.modeln.com Phone(650) 610-4600Fax650-610-4699Employees982Year FoundedN/APrice Target and Rating Average Stock Price Forecast$43.50 High Stock Price Forecast$46.00 Low Stock Price Forecast$42.00 Forecasted Upside/Downside+12.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.78) Trailing P/E RatioN/A Forward P/E Ratio970.00 P/E GrowthN/ANet Income$-28,640,000.00 Net Margins-13.06% Pretax Margin-12.39% Return on Equity-7.17% Return on Assets-2.56% Debt Debt-to-Equity Ratio1.01 Current Ratio2.45 Quick Ratio2.45 Sales & Book Value Annual Sales$219.16 million Price / Sales6.68 Cash Flow$0.39 per share Price / Cash Flow100.69 Book Value$3.63 per share Price / Book10.69Miscellaneous Outstanding Shares37,740,000Free Float36,867,000Market Cap$1.46 billion OptionableOptionable Beta0.60 Key ExecutivesJason BlessingPresident, Chief Executive Officer & DirectorJohn EdererChief Financial OfficerLaura SeligChief People Officer & Senior Vice PresidentMark AndersonChief Services OfficerChris LyonChief Revenue OfficerKey CompetitorsMagniteNASDAQ:MGNIHUYANYSE:HUYAMomentive GlobalNASDAQ:MNTVTaboola.comNASDAQ:TBLAVNET GroupNASDAQ:VNETView All CompetitorsInsiders & InstitutionsConestoga Capital Advisors LLCSold 1,096,736 shares on 2/1/2023Ownership: 9.997%New York State Common Retirement FundSold 19,714 shares on 1/30/2023Ownership: 0.334%Rice Hall James & Associates LLCSold 6,664 shares on 1/27/2023Ownership: 0.536%Comerica BankSold 92,276 shares on 1/26/2023Ownership: 0.803%Stephens Investment Management Group LLCBought 18,276 shares on 1/26/2023Ownership: 0.770%View All Insider TransactionsView All Institutional Transactions MODN Stock - Frequently Asked Questions Should I buy or sell Model N stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Model N in the last twelve months. There are currently 2 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 2023? 2 brokerages have issued 12-month price objectives for Model N's shares. Their MODN share price forecasts range from $42.00 to $46.00. On average, they predict the company's share price to reach $43.50 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View analysts price targets for MODN or view top-rated stocks among Wall Street analysts. How have MODN shares performed in 2023? Model N's stock was trading at $40.56 at the beginning of 2023. Since then, MODN stock has decreased by 3.9% and is now trading at $38.96. View the best growth stocks for 2023 here. When is Model N's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023. 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, February 7th 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 "13735134". How were Model N's earnings last quarter? Model N, Inc. (NYSE:MODN) posted its quarterly earnings data on Tuesday, November, 8th. The software maker reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.05. The software maker had revenue of $58.17 million for the quarter, compared to analyst estimates of $56.13 million. Model N had a negative net margin of 13.06% and a negative trailing twelve-month return on equity of 7.17%. What guidance has Model N issued on next quarter's earnings? Model N updated its first quarter 2023 earnings guidance on Thursday, December, 8th. The company provided earnings per share guidance of $0.21-$0.23 for the period, compared to the consensus earnings per share estimate of $0.17. The company issued revenue guidance of $57.00 million-$58.00 million, compared to the consensus revenue estimate of $57.10 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 institutional and retail investors. Top institutional shareholders include Conestoga Capital Advisors LLC (10.00%), Riverbridge Partners LLC (3.75%), Comerica Bank (0.80%), Stephens Investment Management Group LLC (0.77%), Assenagon Asset Management S.A. (0.57%) and Rice Hall James & Associates LLC (0.54%). Insiders that own company stock include Alan S Henricks, Christopher Lyon, Dave Michaud, Dave Yarnold, 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 $38.96. How much money does Model N make? Model N (NYSE:MODN) has a market capitalization of $1.47 billion and generates $219.16 million in revenue each year. The software maker earns $-28,640,000.00 in net income (profit) each year or ($0.78) on an earnings per share basis. How many employees does Model N have? The company 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 2/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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