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.
Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Phone650-610-4600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$154.63 million
Profitability
Miscellaneous
Employees232
OptionableOptionable
Model N (NYSE:MODN) Frequently Asked Questions
What is Model N's stock symbol?
Model N trades on the New York Stock Exchange (NYSE) under the ticker symbol "MODN."
How were Model N's earnings last quarter?
Model N Inc (NYSE:MODN) issued its quarterly earnings results on Tuesday, February, 5th. The software maker reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.12) by $0.15. The software maker earned $35.08 million during the quarter, compared to analyst estimates of $34.21 million. Model N had a negative return on equity of 51.86% and a negative net margin of 18.37%. Model N's quarterly revenue was down 10.2% compared to the same quarter last year. During the same period last year, the company earned ($0.03) EPS. View Model N's Earnings History.
When is Model N's next earnings date?
What guidance has Model N issued on next quarter's earnings?
Model N issued an update on its FY19 earnings guidance on Tuesday, February, 5th. The company provided earnings per share guidance of $0.05-0.17 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.11. The company issued revenue guidance of $138-142 million, compared to the consensus revenue estimate of $140.50 million.Model N also updated its FY 2019 guidance to $0.05-0.17 EPS.
What price target have analysts set for MODN?
8 analysts have issued 12-month price objectives for Model N's shares. Their predictions range from $20.00 to $25.00. On average, they anticipate Model N's share price to reach $22.7143 in the next year. This suggests a possible upside of 34.3% from the stock's current price. View Analyst Price Targets for Model N.
What is the consensus analysts' recommendation for Model N?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Model N.
Has Model N been receiving favorable news coverage?
News stories about MODN stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Model N earned a news impact score of -1.1 on InfoTrie's scale. They also assigned news stories about the software maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.
Who are some of Model N's key competitors?
Some companies that are related to Model N include Switch (SWCH), SVMK (SVMK), Internet Initiative Japan (IIJI), Jianpu Technology (JT), Aurora Mobile (JG), 21Vianet Group (VNET), HealthStream (HSTM), TrueCar (TRUE), Pintec Technology (PT), Cardlytics (CDLX), The Rubicon Project (RUBI), Internap (INAP), Synacor (SYNC), Sify Technologies (SIFY) and Autoweb (AUTO).
Who are Model N's key executives?
Model N's management team includes the folowing 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. Russell K. Mellott, Sr. VP & Chief Revenue Officer (Age 49)
- Mr. Neeraj Gokhale, Sr. VP & Chief Product Officer (Age 51)
Who are Model N's major shareholders?
Model N's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.35%), Trigran Investments Inc. (6.27%), Frontier Capital Management Co. LLC (3.09%), Massachusetts Financial Services Co. MA (2.57%), Emerald Advisers LLC (2.22%) and PenderFund Capital Management Ltd. (1.78%). Company insiders that own Model N stock include Alan S Henricks, Amelia Generalis, David Barter, Mark Albert Anderson, Mark Tisdel, Neeraj Gokhale and Zack Rinat. 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 Millennium Management LLC, BlackRock Inc., Bank of America Corp DE, Assenagon Asset Management S.A., Squarepoint Ops LLC, Two Sigma Investments LP, Barclays PLC and Northern Trust Corp. Company insiders that have sold Model N company stock in the last year include David Barter, Mark Albert Anderson, Neeraj Gokhale and Zack Rinat. View Insider Buying and Selling for Model N.
Which major investors are buying Model N stock?
MODN stock was acquired by a variety of institutional investors in the last quarter, including Trigran Investments Inc., PenderFund Capital Management Ltd., Schwab Charitable Fund, Portolan Capital Management LLC, Massachusetts Financial Services Co. MA, D. E. Shaw & Co. Inc., Boston Partners and Frontier Capital Management Co. LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Model N's stock price today?
One share of MODN stock can currently be purchased for approximately $16.91.
How big of a company is Model N?
Model N has a market capitalization of $533.34 million and generates $154.63 million in revenue each year. The software maker earns $-28,200,000.00 in net income (profit) each year or ($0.73) on an earnings per share basis. Model N employs 232 workers across the globe.
What is Model N's official website?
How can I contact Model N?
Model N's mailing address is 777 MARINERS ISLAND BOULEVARD SUITE 300, SAN MATEO CA, 94063. The software maker can be reached via phone at 650-610-4600.
MarketBeat Community Rating for Model N (NYSE MODN)
MarketBeat's community ratings are surveys of what our community members think about Model N and other stocks. Vote "Outperform" if you believe MODN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MODN will underperform the S&P 500 over the long term. You may vote once every thirty days.
