NYSE:MODN

Model N - MODN Stock Forecast, Price & News

$31.84

-0.46 (-1.42%)

(As of 09/23/2022 12:00 AM ET)

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Today's Range: $31.29
▼
$32.34
50-Day Range: $24.42
▼
$33.78
52-Week Range: $20.95
▼
$37.25

Volume: 289,619 shs
Average Volume: 147,140 shs
Market Capitalization: $1.18 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $36.50

Model N MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 14.6% Upside
$36.50 Price Target
Short Interest: Bearish
6.56% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.85
Upright™ Environmental Score
News Sentiment: 0.76
Based on 8 Articles This Week
Insider Trading: Selling Shares
$634,595 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.20) to ($0.17) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.83 out of 5 stars

Computer And Technology Sector

532nd out of 627 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

51st out of 66 stocks

2.5

Analyst's Opinion

Consensus Rating
Model N has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $36.50, Model N has a forecasted upside of 14.6% from its current price of $31.84.
Amount of Analyst Coverage
Model N has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
6.56% of the outstanding shares of Model N have been sold short.
Short Interest Ratio / Days to Cover
Model N has a short interest ratio ("days to cover") of 17, which indicates bearish sentiment.
Change versus previous month
Short interest in Model N has recently decreased by 0.82%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Model N does not currently pay a dividend.
Dividend Growth
Model N does not have a long track record of dividend growth.

2.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Model N has received a 23.57% 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 "Regulatory compliance software", "Compliance management software", and "Blockchain-based contract management software" products. See details.
Environmental Sustainability
The Environmental Impact score for Model N is -0.85.

3.2

News and Social Media Coverage

News Sentiment
Model N has a news sentiment score of 0.76. 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 higher news sentiment than the 0.34 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Model N this week, compared to 1 article on an average week.
Search Interest
3 people have searched for MODN on MarketBeat in the last 30 days.
MarketBeat Follows
Only 2 people have added Model N to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 $634,595.00 in company stock.
Percentage Held by Insiders
Only 2.00% of the stock of Model N is held by insiders.
Percentage Held by Institutions
97.47% of the stock of Model N is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Model N are expected to grow in the coming year, from ($0.20) to ($0.17) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Model N is -43.62, 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. Sector
The P/E ratio of Model N is -43.62, 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 Ratio
Model N has a P/B Ratio of 9.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Model N (NYSE:MODN) Stock

Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies. The company offers Global Pricing Management, which minimizes price erosion of products; Global Tender Management that enhances revenue by enabling segmentation and targeting, optimal bid pricing, and post-award tracking; Provider Management, which minimizes rebate overpayments; Payer Management that minimizes revenue leakage and noncompliance of complex contracts; Government Pricing, which optimizes revenue, and reduces the risk of fines and other penalties; and Medicaid that enhances compliance with regulatory requirements and payments of rebate claims timely, as well as at correct rates for government medicaid programs. It also provides Deal Management, which increases deal conversion and pricing consistency; Deal Intelligence that controls price concessions and determines ideal prices; Channel Management, which provides manufacturers a view of inventory, as well as evaluate price protection and stock rotation, and matching available inventory to quotes; Market Development Fund Management that allows companies to streamline their MDF process and reduce revenue leakage; Rebates Management, which centralizes control of rebate programs; and Channel Data Management that automates the process of collection, cleansing, validation, and standardization of channel partner data, such as POS, inventory, and claims. In addition, the company offers implementation, managed, strategic, and customer support services. It primarily serves large and mid-sized organizations worldwide through its direct sales force. The company was incorporated in 1999 and is headquartered in San Mateo, California.

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MODN Stock News Headlines

September 24, 2022 | finance.yahoo.com

Model N, Inc. (MODN)

September 21, 2022 | americanbankingnews.com

Model N (NYSE:MODN) & Bitfarms (NASDAQ:BITF) Financial Analysis

September 20, 2022 | seekingalpha.com

Model N: Little Reason To Stay Invested

September 20, 2022 | americanbankingnews.com

Model N, Inc. to Post FY2022 Earnings of ($0.18) Per Share, Zacks Research Forecasts (NYSE:MODN)

September 15, 2022 | americanbankingnews.com

Model N (NYSE:MODN) Price Target Raised to $35.00 at Truist Financial

September 8, 2022 | finance.yahoo.com

Here's Why Model N (MODN) is a Strong Growth Stock

September 8, 2022 | finance.yahoo.com

Why Is Model N (MODN) Down 10% Since Last Earnings Report?

September 7, 2022 | finance.yahoo.com

Can Model N (MODN) Climb 30% to Reach the Level Wall Street Analysts Expect?

September 6, 2022 | americanbankingnews.com

Model N (NYSE:MODN) Releases FY 2022 Earnings Guidance

September 5, 2022 | finance.yahoo.com

Investors in Model N (NYSE:MODN) have made a stellar return of 118% over the past five years

August 24, 2022 | finance.yahoo.com

Should You Buy Model N (MODN) After Golden Cross?

August 24, 2022 | finance.yahoo.com

Zacks Industry Outlook Highlights Paylocity Holding, PayPal and Model N

August 22, 2022 | nasdaq.com

This Insider Has Just Sold Shares In Model N, Inc. (NYSE:MODN)

August 22, 2022 | finance.yahoo.com

Wall Street Analysts See a 25% Upside in Model N (MODN): Can the Stock Really Move This High?

August 13, 2022 | seekingalpha.com

Model N, Inc. (MODN) CEO Jason Blessing on Q3 2022 Results - Earnings Call Transcript

August 10, 2022 | seekingalpha.com

Model N stock rises on Q3 earnings beats, raised full year outlook

August 10, 2022 | finance.yahoo.com

Model N (MODN) Outpaces Q3 Earnings and Revenue Estimates

August 9, 2022 | finance.yahoo.com

Model N (MODN) Q3 Earnings and Revenues Beat Estimates

August 9, 2022 | finance.yahoo.com

Model N Announces Third Quarter Fiscal Year 2022 Financial Results

August 3, 2022 | finance.yahoo.com

Model N and Pfizer Innovate Drug Price Transparency Reporting

July 30, 2022 | morningstar.com

Model N Inc Stock Quote MODN

July 27, 2022 | finance.yahoo.com

Model N (MODN) Moves to Buy: Rationale Behind the Upgrade

July 13, 2022 | finance.yahoo.com

Model N Announces Date of Third Quarter Fiscal Year 2022 Financial Results

July 10, 2022 | nasdaq.com

Why Model N (MODN) is a Top Momentum Stock for the Long-Term

July 6, 2022 | seekingalpha.com

Model N: Downgrading To Neutral On Deceleration

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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MODN Company Calendar

Last Earnings: 8/09/2022
Today: 9/25/2022
Fiscal Year End: 9/30/2022
Next Earnings (Estimated): 11/08/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:MODN
CUSIP: N/A
CIK: 1118417
Web: www.modeln.com
Phone: (650) 610-4600
Fax: 650-610-4699
Employees: 982
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $36.50
High Stock Price Forecast: $45.00
Low Stock Price Forecast: $29.00
Forecasted Upside/Downside: +14.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.73)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-29,740,000.00
Net Margins: -12.52%
Pretax Margin: -11.92%
Return on Equity: -6.00%
Return on Assets: -2.14%

Debt

Debt-to-Equity Ratio: 1.00
Current Ratio: 2.70
Quick Ratio: 2.70

Sales & Book Value

Annual Sales: $193.45 million
Price / Sales: 6.10
Cash Flow: $0.30 per share
Price / Cash Flow: 105.69
Book Value: $3.45 per share
Price / Book: 9.23

Miscellaneous

Outstanding Shares: 37,040,000
Free Float: 36,299,000
Market Cap: $1.18 billion
Optionable: Optionable
Beta: 0.75

Key Executives

Mr. Jason Blessing (Age 50)
Pres, CEO & Director
Comp: $1.27M

Mr. John Ederer
Chief Financial Officer

Ms. Cathy A. Lewis (Age 55)
Chief Accounting Officer
Comp: $412.75k

Mr. Mark Anderson (Age 61)
Chief Services Officer
Comp: $667.14k

Mr. Chris Lyon (Age 51)
Sr. VP & Chief Revenue Officer
Comp: $885.28k

Mr. Suresh Kannan (Age 51)
Sr. VP & Chief Product Officer
Comp: $706.25k

Gwyn Lauber
Director of Investor Relations

Mr. Errol Hunter
Sr. VP & Gen. Counsel

Mr. Rehmann Rayani
Chief Strategy & Marketing Officer

Ms. Laura Selig (Age 50)
Sr. VP & Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MODN Stock - Frequently Asked Questions

Should I buy or sell Model N stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research 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 2022?: 3 brokers have issued 12 month price objectives for Model N's shares. Their MODN share price forecasts range from $29.00 to $45.00. On average, they anticipate the company's share price to reach $36.50 in the next year. This suggests a possible upside of 14.6% 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 2022?: Model N's stock was trading at $30.03 at the start of the year. Since then, MODN stock has increased by 6.0% and is now trading at $31.84.
View the best growth stocks for 2022 here.
When is Model N's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our MODN earnings forecast.
How were Model N's earnings last quarter?: Model N, Inc. (NYSE:MODN) posted its earnings results on Tuesday, August, 9th. The software maker reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.08. The software maker earned $56.17 million during the quarter, compared to analysts' expectations of $54.85 million. Model N had a negative trailing twelve-month return on equity of 6.00% and a negative net margin of 12.52%. The business's quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter last year, the company posted ($0.09) EPS.
What guidance has Model N issued on next quarter's earnings?: Model N updated its fourth quarter 2022 earnings guidance on Tuesday, September, 13th. The company provided earnings per share guidance of $0.18-$0.20 for the period, compared to the consensus estimate of $0.15. The company issued revenue guidance of $56.00 million-$56.50 million, compared to the consensus revenue estimate of $56.44 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 many different institutional and retail investors. Top institutional shareholders include Conestoga Capital Advisors LLC (13.54%), Artisan Partners Limited Partnership (8.35%), First Light Asset Management LLC (7.48%), Clearbridge Investments LLC (6.27%), Riverbridge Partners LLC (4.08%) and Riverbridge Partners LLC (3.87%). Insiders that own company stock include Alan S Henricks, Christopher Lyon, Dave Michaud, 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 $31.84.
How much money does Model N make?: Model N (NYSE:MODN) has a market capitalization of $1.18 billion and generates $193.45 million in revenue each year. The software maker earns $-29,740,000.00 in net income (profit) each year or ($0.73) 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 9/25/2022 by MarketBeat.com Staff

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Model N - MODN Stock Forecast, Price & News

Model N MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows