Should I buy or sell Model N stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MODN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MODN, but not buy additional shares or sell existing shares. View MODN analyst ratings or view top-rated stocks .

What is Model N's stock price target for 2024?

10 Wall Street analysts have issued 12-month price objectives for Model N's shares. Their MODN share price targets range from $25.00 to $40.00. On average, they expect the company's share price to reach $31.80 in the next year. This suggests a possible upside of 7.3% 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 2024?

Model N's stock was trading at $26.93 on January 1st, 2024. Since then, MODN stock has increased by 10.1% and is now trading at $29.65. View the best growth stocks for 2024 here .

When is Model N's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our MODN earnings forecast .

How were Model N's earnings last quarter?

Model N, Inc. (NYSE:MODN) announced its quarterly earnings results on Tuesday, February, 6th. The software maker reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.01. The software maker earned $63.49 million during the quarter, compared to the consensus estimate of $62.12 million. Model N had a positive trailing twelve-month return on equity of 5.79% and a negative net margin of 12.48%.

What ETFs hold Model N's stock?

ETFs with the largest weight of Model N (NYSE:MODN) stock in their portfolio include SPDR S&P Software & Services ETF (XSW) and Direxion Daily Cloud Computing Bull 2x (CLDL) . Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR) .

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

Model N issued an update on its second quarter 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of 0.240-0.270 for the period, compared to the consensus EPS estimate of 0.300. The company issued revenue guidance of $63.5 million-$64.5 million, compared to the consensus revenue estimate of $65.1 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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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NYSE:MODN

Model N (MODN) Stock Price, News & Analysis

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$29.65

-0.07 (-0.24%)

(As of 04/15/2024 ET)

Compare

Today's Range: $29.64
▼
$29.75
50-Day Range: $23.86
▼
$29.83
52-Week Range: $20.90
▼
$35.96

Volume: 883,292 shs
Average Volume: 1.09 million shs
Market Capitalization: $1.16 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $31.80

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Model N MarketRank™ Stock Analysis

Analyst Rating: Hold
2.10 Rating Score
Upside/Downside: 7.3% Upside
$31.80 Price Target
Short Interest: Bearish
7.25% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.72
Upright™ Environmental Score
News Sentiment: 0.32
Based on 28 Articles This Week
Insider Trading: Selling Shares
$1.90 M Sold Last Quarter
Proj. Earnings Growth: 40.00%
From $0.20 to $0.28 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.70 out of 5 stars

Computer And Technology Sector

334th out of 594 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

30th out of 59 stocks

2.1

Analyst's Opinion

Consensus Rating
Model N has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on 1 buy rating, 9 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Model N has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
7.25% 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 6.3.
Change versus previous month
Short interest in Model N has recently increased by 1.43%, indicating that investor sentiment is decreasing.

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.

3.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Model N has received a 42.63% 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", "IT consulting services", and "Blockchain-based contract management software" products. See details.
Environmental Sustainability
The Environmental Impact score for Model N is -0.72.

1.8

News and Social Media Coverage

News Sentiment
Model N has a news sentiment score of 0.32. 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 lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 28 news articles for Model N this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for MODN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Model N to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

0.8

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 $1,897,243.00 in company stock.
Percentage Held by Insiders
Only 2.55% of the stock of Model N is held by insiders.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Model N are expected to grow by 40.00% in the coming year, from $0.20 to $0.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Model N is -35.30, 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 -35.30, 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 9.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Model N Stock (NYSE:MODN)

Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies in the United States and internationally. 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 on a timely basis and at correct rates for government Medicaid programs, as well as Validata, State Pricing Transparency Management, Advanced Membership Management, and Intelligence Cloud. 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, as well as Payment Management. In addition, the company offers implementation, application, business, strategic, and customer support services. It primarily serves large, mid-sized, and small life sciences and high tech manufactures worldwide through its direct sales force. The company was incorporated in 1999 and is headquartered in San Mateo, California.

MODN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MODN Stock News Headlines

March 16, 2024 | insidertrades.com

Insider Selling: Model N, Inc. (NYSE:MODN) Director Sells 500 Shares of Stock

April 15, 2024 | msn.com

Model N holder ClearBridge says Vista Equity deal undervalues company

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

April 15, 2024 | finance.yahoo.com

UPDATE 1-ClearBridge asks Model N to reconsider $1.25 bln deal with Vista

April 15, 2024 | finance.yahoo.com

ClearBridge asks Model N to reconsider $1.25 billion deal with Vista

April 15, 2024 | businesswire.com

ClearBridge Investments Sends Letter Urging Board of Directors of Model N, Inc. to Reconsider Proposed Acquisition by Vista Equity Partners

April 12, 2024 | americanbankingnews.com

Q3 2024 EPS Estimates for Model N, Inc. Reduced by Analyst (NYSE:MODN)

April 11, 2024 | americanbankingnews.com

Model N's (MODN) Equal Weight Rating Reiterated at Morgan Stanley

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

April 11, 2024 | americanbankingnews.com

Model N, Inc. (NYSE:MODN) Given Average Recommendation of "Hold" by Brokerages

April 10, 2024 | stockhouse.com

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MODN, SCX, AIRC, INRD

April 10, 2024 | markets.businessinsider.com

Maintaining Hold Rating on Model N Amid Modest Acquisition Premium and Growth Strategy Questions

April 10, 2024 | americanbankingnews.com

Model N (NYSE:MODN) Receives Hold Rating from Craig Hallum

April 10, 2024 | americanbankingnews.com

Model N (NYSE:MODN) Given "Hold" Rating at Needham & Company LLC

April 10, 2024 | americanbankingnews.com

Model N (NYSE:MODN) Given "Sector Perform" Rating at Royal Bank of Canada

April 10, 2024 | americanbankingnews.com

Model N (NYSE:MODN) Receives "Market Perform" Rating from JMP Securities

April 9, 2024 | prnewswire.com

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Model N, Inc. - MODN

April 9, 2024 | markets.businessinsider.com

Model N’s Strategic Uncertainties and Hold Recommendation Amid Take-Private Offer

April 9, 2024 | americanbankingnews.com

Model N (NYSE:MODN) Stock Rating Reaffirmed by Robert W. Baird

April 9, 2024 | americanbankingnews.com

Model N Target of Unusually Large Options Trading (NYSE:MODN)

April 8, 2024 | businesswire.com

MODEL N INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Model N, Inc. - MODN

April 8, 2024 | prnewswire.com

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Model N

April 8, 2024 | prnewswire.com

Shareholder Alert: Ademi LLP investigates whether Model N, Inc. has obtained a Fair Price in its transaction with Vista Equity Partners

April 8, 2024 | markets.businessinsider.com

Model N To Be Acquired By Vista Equity Partners; Stock Up In Pre-Market

April 8, 2024 | msn.com

Model N to Be Taken Private in $1.25 Billion Buyout Deal With Vista Equity Partners

April 8, 2024 | finance.yahoo.com

UPDATE 2-Model N signs $1.25 bln go-private deal with Vista Equity

April 8, 2024 | finance.yahoo.com

Model N signs $1.25 billion go-private deal with Vista Equity

See More Headlines

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Company Calendar

Last Earnings: 2/06/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 9/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Current Symbol: NYSE:MODN
CUSIP: N/A
CIK: 1118417
Web: www.modeln.com
Phone: (650) 610-4600
Fax: 650-610-4699
Employees: 1,089
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $31.80
High Stock Price Target: $40.00
Low Stock Price Target: $25.00
Potential Upside/Downside: +7.3%
Consensus Rating: Hold
Rating Score (0-4): 2.10
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.84)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 148.25
P/E Growth: N/A
Net Income: $-33,920,000.00
Net Margins: -12.48%
Pretax Margin: -11.24%
Return on Equity: 5.79%
Return on Assets: 1.27%

Debt

Debt-to-Equity Ratio: 2.26
Current Ratio: 4.00
Quick Ratio: 4.00

Sales & Book Value

Annual Sales: $249.46 million
Price / Sales: 4.64
Cash Flow: $0.49 per share
Price / Cash Flow: 60.72
Book Value: $3.00 per share
Price / Book: 9.88

Miscellaneous

Outstanding Shares: 39,030,000
Free Float: 38,037,000
Market Cap: $1.16 billion
Optionable: Optionable
Beta: 0.70

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Key Executives

Mr. Jason Blessing (Age 52)
CEO & Director
Comp: $868.04k
Mr. John Ederer (Age 54)
Chief Financial Officer
Comp: $551.08k
Mr. Mark Anderson (Age 63)
Chief Services Officer
Comp: $531.7k
Mr. Timothy M. Adams (Age 64)
CFO of Rapid7 & Director
Comp: $35k
Mr. Chris Lyon (Age 53)
Chief Revenue Officer
Comp: $558.92k
Mr. Suresh Kannan (Age 53)
Chief Product Officer
Comp: $538.71k
Gwyn Lauber
Director of Investor Relations
Mr. Errol Hunter
Chief Legal Officer
Mr. Rehmann Rayani (Age 43)
Chief Strategy & Marketing Officer
Ms. Laura Selig (Age 52)
Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MODN Stock Analysis - Frequently Asked Questions

Should I buy or sell Model N stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Model N in the last year. There are currently 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MODN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MODN, but not buy additional shares or sell existing shares.
View MODN analyst ratings or view top-rated stocks.
What is Model N's stock price target for 2024?: 10 Wall Street analysts have issued 12-month price objectives for Model N's shares. Their MODN share price targets range from $25.00 to $40.00. On average, they expect the company's share price to reach $31.80 in the next year. This suggests a possible upside of 7.3% 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 2024?: Model N's stock was trading at $26.93 on January 1st, 2024. Since then, MODN stock has increased by 10.1% and is now trading at $29.65.
View the best growth stocks for 2024 here.
When is Model N's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our MODN earnings forecast.
How were Model N's earnings last quarter?: Model N, Inc. (NYSE:MODN) announced its quarterly earnings results on Tuesday, February, 6th. The software maker reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.01. The software maker earned $63.49 million during the quarter, compared to the consensus estimate of $62.12 million. Model N had a positive trailing twelve-month return on equity of 5.79% and a negative net margin of 12.48%.
What ETFs hold Model N's stock?: ETFs with the largest weight of Model N (NYSE:MODN) stock in their portfolio include SPDR S&P Software & Services ETF (XSW) and Direxion Daily Cloud Computing Bull 2x (CLDL).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR).

What guidance has Model N issued on next quarter's earnings?: Model N issued an update on its second quarter 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of 0.240-0.270 for the period, compared to the consensus EPS estimate of 0.300. The company issued revenue guidance of $63.5 million-$64.5 million, compared to the consensus revenue estimate of $65.1 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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MODN) was last updated on 4/16/2024 by MarketBeat.com Staff

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Model N (MODN) Stock Price, News & Analysis

Model N MarketRank™ Stock Analysis

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

Company Ownership

Earnings and Valuation

About Model N Stock (NYSE:MODN)

MODN Stock Price History

MODN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MODN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™