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) released its quarterly earnings results on Tuesday, February, 4th. The software maker reported $0.12 earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.23. The software maker had revenue of $38.40 million for the quarter, compared to analysts' expectations of $37.26 million. Model N had a negative return on equity of 25.25% and a negative net margin of 12.15%. The company's revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.03 EPS. View Model N's Earnings History.

Model N is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Model N.

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

8 analysts have issued 12-month price targets for Model N's stock. Their forecasts range from $23.00 to $41.00. On average, they anticipate Model N's share price to reach $34.00 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price. View Analyst Price Targets for 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.

News stories about MODN stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Model N earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave media headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely 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 drop in short interest in the month of January. As of January 31st, there was short interest totalling 861,400 shares, a drop of 25.1% from the January 15th total of 1,150,000 shares. Based on an average daily volume of 283,300 shares, the short-interest ratio is presently 3.0 days. Currently, 3.3% of the shares of the company are sold short. View Model N's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Model N investors own include MassRoots (MSRT), GTT Communications (GTT), Alibaba Group (BABA), NVIDIA (NVDA), Baidu (BIDU), Baozun (BZUN), Advanced Micro Devices (AMD), AbbVie (ABBV), JD.Com (JD) and Shopify (SHOP).

Model N's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (6.33%), Fred Alger Management LLC (3.52%), State Street Corp (2.28%), Emerald Advisers LLC (1.85%), Artisan Partners Limited Partnership (1.61%) and ArrowMark Colorado Holdings LLC (1.57%). 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.

MODN stock was sold by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Assenagon Asset Management S.A., Oxford Asset Management LLP, Panagora Asset Management Inc., Rice Hall James & Associates LLC, Castleark Management LLC, Synovus Financial Corp and Goldman Sachs Group Inc.. 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 for Model N.

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 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 $32.26.

Model N has a market capitalization of $1.08 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.