NYSE:MODN

Model N Stock Forecast, Price & News

$35.17
-0.09 (-0.26 %)
(As of 06/21/2021 12:00 AM ET)
Add
Compare
Today's Range
$34.49
$35.50
50-Day Range
$32.95
$42.06
52-Week Range
$28.98
$48.20
Volume116,989 shs
Average Volume291,254 shs
Market Capitalization$1.25 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.97
30 days | 90 days | 365 days | Advanced Chart
Receive MODN News and Ratings via Email

Sign-up to receive the latest news and ratings for Model N and its competitors with MarketBeat's FREE daily newsletter.


Model N logo

About Model N

Model N, Inc. provides revenue management cloud solutions for the life sciences and high tech industries. 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; and Rebates Management, which centralizes control of rebate programs. In addition, the company offers Channel Data Management that automates the process of collection, cleansing, validation, and standardization of channel partner data, such as POS, inventory, and claims; and Configure Price Quote, which streamlines the quote to contract process by enabling the configuration of complex services, bundles, and solutions into a single interface; and Contract Lifecycle Management that enables users to create and manage contracts directly. Further, it 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.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.59 out of 5 stars

Computer And Technology Sector

326th out of 1,591 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

23rd out of 84 stocks

Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Model N (NYSE:MODN) Frequently Asked Questions

Is Model N a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Model N in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Model N stock.
View analyst ratings for Model N
or view top-rated stocks.

What stocks does MarketBeat like better than Model N?

Wall Street analysts have given Model N a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Model N wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Model N's next earnings date?

Model N is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Model N
.

How were Model N's earnings last quarter?

Model N, Inc. (NYSE:MODN) released its quarterly earnings results on Monday, May, 10th. The software maker reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of ($0.05) by $0.09. The software maker had revenue of $48.19 million for the quarter, compared to the consensus estimate of $46.43 million. Model N had a negative net margin of 12.60% and a negative trailing twelve-month return on equity of 4.79%. Model N's revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.07 earnings per share.
View Model N's earnings history
.

How has Model N's stock been impacted by COVID-19?

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. Since then, MODN stock has increased by 51.1% and is now trading at $35.17.
View which stocks have been most impacted by COVID-19
.

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

Model N updated its FY 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share guidance of $0.210-0.240 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.140. The company issued revenue guidance of $189 million-190 million, compared to the consensus revenue estimate of $185.60 million.

What price target have analysts set for MODN?

6 brokers have issued 12-month target prices for Model N's shares. Their forecasts range from $38.00 to $60.00. On average, they anticipate Model N's stock price to reach $49.60 in the next year. This suggests a possible upside of 41.0% from the stock's current price.
View analysts' price targets for Model N
or view top-rated stocks among Wall Street analysts.

Who are Model N's key executives?

Model N's management team includes the following people:
  • Mr. Jason Blessing, Pres, CEO & Director (Age 49, Pay $949.77k)
  • Mr. Dave Michaud, Sr. VP & Chief Marketing Officer (Age 55, Pay $433.9k)
  • Mr. Chris Lyon, Sr. VP & Chief Revenue Officer (Age 50, Pay $568k)
  • Mr. Suresh Kannan, Sr. VP & Chief Product Officer (Age 50, Pay $550.08k)
  • Mr. John Ederer, Chief Financial Officer
  • Ms. Cathy A. Lewis, Chief Accounting Officer (Age 54)
  • Gwyn Lauber, Director of Investor Relations
  • Mr. Errol Hunter, Sr. VP & Gen. Counsel
  • Ms. Laura Selig, Sr. VP & Chief People Officer (Age 49)
  • Mr. Chanan Greenberg, Sr. VP & GM of High Tech

What is Jason Blessing's approval rating as Model N's CEO?

15 employees have rated Model N CEO Jason Blessing on Glassdoor.com. Jason Blessing has an approval rating of 76% among Model N's employees.

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), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Inseego (INSG), Alibaba Group (BABA), Marvell Technology (MRVL), AbbVie (ABBV), Baidu (BIDU) and Square (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 a number of retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (11.96%), Artisan Partners Limited Partnership (7.95%), Neuberger Berman Group LLC (7.83%), BlackRock Inc. (7.25%), First Light Asset Management LLC (5.48%) and Clearbridge Investments LLC (5.30%). Company insiders that own Model N stock include Christopher Lyon, Dave Michaud, David Barter, Jason Blessing, Laura Selig, Mark Albert Anderson, Melissa B Fisher, Suresh Kannan and Timothy M Adams.
View institutional ownership trends for Model N
.

Which major investors are selling Model N stock?

MODN stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., Royal Bank of Canada, Voloridge Investment Management LLC, Emerald Mutual Fund Advisers Trust, Morgan Stanley, Emerald Advisers LLC, and Advantage Alpha Capital Partners LP. Company insiders that have sold Model N company stock in the last year include Christopher Lyon, Dave Michaud, David Barter, Jason Blessing, Mark Albert Anderson, Melissa B Fisher, and Timothy M Adams.
View insider buying and selling activity for Model N
or view top insider-selling stocks.

Which major investors are buying Model N stock?

MODN stock was acquired by a variety of institutional investors in the last quarter, including Conestoga Capital Advisors LLC, Riverbridge Partners LLC, Artisan Partners Limited Partnership, First Light Asset Management LLC, Polar Asset Management Partners Inc., Clearbridge Investments LLC, Credit Suisse AG, and Neuberger Berman Group LLC.
View insider buying and selling activity for Model N
or or view top insider-buying stocks.

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 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 $35.17.

How much money does Model N make?

Model N has a market capitalization of $1.25 billion and generates $161.06 million in revenue each year. The software maker earns $-13,660,000.00 in net income (profit) each year or ($0.18) on an earnings per share basis.

How many employees does Model N have?

Model N employs 781 workers across the globe.

What is Model N's official website?

The official website for Model N is www.modeln.com.

Where are Model N's headquarters?

Model N is headquartered at 777 MARINERS ISLAND BOULEVARD SUITE 300, SAN MATEO CA, 94404.

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 6/21/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.