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

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

Model N Inc (NYSE:MODN) announced its quarterly earnings results on Tuesday, November, 5th. The software maker reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.15. The software maker had revenue of $36.60 million for the quarter, compared to the consensus estimate of $35.72 million. Model N had a negative return on equity of 29.48% and a negative net margin of 13.66%. The business's revenue was down .3% on a year-over-year basis. During the same quarter last year, the business posted $0.06 EPS. View Model N's Earnings History.

Model N is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Model N.

Model N will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Model N updated its FY20 earnings guidance on Tuesday, November, 5th. The company provided earnings per share (EPS) guidance of $0.22-$0.31 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.28. The company issued revenue guidance of $152-$155 million, compared to the consensus revenue estimate of $152.73 million.

7 brokers have issued 1-year price objectives for Model N's stock. Their forecasts range from $23.00 to $40.00. On average, they anticipate Model N's stock price to reach $31.00 in the next year. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for Model N.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Model N.

Media headlines about MODN stock have trended very positive this week, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 3.3 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 press coverage is very unlikely to have an impact on the company's share price in the immediate future. View News Stories for Model N.

Model N saw a increase in short interest in January. As of January 15th, there was short interest totalling 1,150,000 shares, an increase of 84.6% from the December 31st total of 622,800 shares. Based on an average daily trading volume, of 280,500 shares, the days-to-cover ratio is presently 4.1 days. Approximately 4.5% of the company's shares are sold short. View Model N's Current Options Chain.

Some companies that are related to Model N include Tripadvisor (TRIP), HUYA (HUYA), Medallia (MDLA), Switch (SWCH), Pluralsight (PS), Livongo Health (LVGO), DouYu International (DOYU), SVMK (SVMK), Cardlytics (CDLX), Eventbrite (EB), Qutoutiao (QTT), Internet Initiative Japan (IIJIY), Health Catalyst (HCAT), 21Vianet Group (VNET) and HealthStream (HSTM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Model N investors own include MassRoots (MSRT), GTT Communications (GTT), NVIDIA (NVDA), AbbVie (ABBV), 3D Systems (DDD), Baozun (BZUN), Gilead Sciences (GILD), JD.Com (JD), Alibaba Group (BABA) and Ford Motor (F).

Model N's stock is owned by a variety of of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.20%), Strs Ohio (0.07%), Virginia Retirement Systems ET AL (0.07%), Campbell & CO Investment Adviser LLC (0.05%) and Assenagon Asset Management S.A. (0.02%). Company insiders that own Model N stock include Alan S Henricks, David Barter, Jason Blessing, Laura Selig, Mark Albert Anderson, Neeraj Gokhale 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 Assenagon Asset Management S.A.. Company insiders that have sold Model N company stock in the last year include Alan S Henricks, David Barter, Jason Blessing, Laura Selig, Mark Albert Anderson and Neeraj Gokhale. View Insider Buying and Selling for Model N.

MODN stock was bought by a variety of institutional investors in the last quarter, including Strs Ohio, Virginia Retirement Systems ET AL, Campbell & CO Investment Adviser LLC and California Public Employees Retirement System. 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, Robinhood, Fidelity and Charles Schwab.

One share of MODN stock can currently be purchased for approximately $31.40.

Model N has a market capitalization of $1.04 billion 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.

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

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.