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, November, 5th. The software maker reported $0.12 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.03) by $0.15. The software maker had revenue of $36.60 million for the quarter, compared to analysts' expectations of $35.72 million. Model N had a negative return on equity of 29.48% and a negative net margin of 13.66%. The company's revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.06 earnings per share. 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 issued an update on its FY20 earnings guidance on Tuesday, November, 5th. The company provided 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 analysts have issued twelve-month price targets for Model N's stock. Their forecasts range from $23.00 to $40.00. On average, they anticipate Model N's share price to reach $31.00 in the next twelve months. This suggests that the stock has a possible downside of 8.2%. 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.

News articles about MODN stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Model N earned a news impact score of -5.0 on InfoTrie's scale. They also gave news stories about the software maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Model N.

Model N saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,150,000 shares, an increase of 84.6% from the December 15th total of 622,800 shares. Based on an average daily trading volume, of 282,800 shares, the days-to-cover ratio is currently 4.1 days. Currently, 4.7% of the company's shares are sold short. View Model N's Current Options Chain.

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

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 $33.78.

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.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.