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NYSE:MODNModel N Stock Price, Forecast & News

$32.34
-0.11 (-0.34 %)
(As of 06/4/2020 04:00 PM ET)
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Today's Range
$32.02
Now: $32.34
$32.84
50-Day Range
$24.35
MA: $28.95
$32.69
52-Week Range
$15.00
Now: $32.34
$35.84
Volume344,600 shs
Average Volume444,667 shs
Market Capitalization$1.11 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.02
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.27 out of 5 stars


Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
CUSIPN/A
Phone650-610-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$141.24 million
Book Value$1.61 per share

Profitability

Net Income$-19,290,000.00

Miscellaneous

Employees782
Market Cap$1.11 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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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 increased by 38.9% and is now trading at $32.34. View which stocks have been most 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 1 hold rating and 7 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, August 4th 2020. View our earnings forecast for Model N.

How were Model N's earnings last quarter?

Model N Inc (NYSE:MODN) posted its quarterly earnings data on Tuesday, May, 5th. The software maker reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.02 by $0.05. The software maker earned $39.90 million during the quarter, compared to analyst estimates of $38.41 million. Model N had a negative return on equity of 19.69% and a negative net margin of 10.88%. Model N's revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period last year, the company earned $0.01 EPS. View Model N's earnings history.

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

Model N issued an update on its FY20 earnings guidance on Tuesday, May, 5th. The company provided earnings per share guidance of $0.28-0.31 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 $153.24 million.

What price target have analysts set for MODN?

8 brokers have issued 1-year price objectives for Model N's shares. Their forecasts range from $29.00 to $37.00. On average, they anticipate Model N's stock price to reach $33.29 in the next year. This suggests a possible upside of 2.9% from the stock's current price. View analysts' price targets for Model N.

Has Model N been receiving favorable news coverage?

News headlines about MODN stock have been trending very negative on Friday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. 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 coverage optimism score of -3.2 on InfoTrie's scale. They also assigned media headlines about the software maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutModel N.

Are investors shorting Model N?

Model N saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 706,400 shares, a drop of 13.8% from the April 30th total of 819,700 shares. Based on an average daily trading volume, of 361,600 shares, the days-to-cover ratio is presently 2.0 days. Approximately 2.7% of the shares of the company 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 NVIDIA (NVDA), JD.Com (JD), Alibaba Group (BABA), Baidu (BIDU), Baozun (BZUN), Marvell Technology Group (MRVL), Perficient (PRFT), Editas Medicine (EDIT), R1 RCM (RCM) and RingCentral (RNG).

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.06%), Fred Alger Management LLC (5.84%), State Street Corp (2.08%), Wasatch Advisors Inc. (2.02%), Frontier Capital Management Co. LLC (1.91%) and Federated Hermes Inc. (1.84%). Company insiders that own Model N stock include Alan S Henricks, Christopher Lyon, David Barter, Jason Blessing, Laura Selig, Mark Albert Anderson, Neeraj Gokhale, Suresh Kannan and Zack Rinat. View institutional ownership trends for Model N.

Which institutional investors are selling Model N stock?

MODN stock was sold by a variety of institutional investors in the last quarter, including Trigran Investments Inc., Invesco Ltd., Deutsche Bank AG, Portolan Capital Management LLC, Two Sigma Investments LP, Russell Investments Group Ltd., Emerald Mutual Fund Advisers Trust, and Healthcare of Ontario Pension Plan Trust Fund. 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 Suresh Kannan. View insider buying and selling activity for Model N.

Which institutional 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, Wasatch Advisors Inc., Acadian Asset Management LLC, JPMorgan Chase & Co., BlackRock Inc., Castleark Management LLC, Rice Hall James & Associates LLC, and Rice Hall James & Associates LLC. 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 $32.34.

How big of a company is Model N?

Model N has a market capitalization of $1.11 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.

What is Model N's official website?

The official website for Model N is 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.

This page was last updated on 6/5/2020 by MarketBeat.com Staff

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