Model N, Inc. MODN

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30.00 0.00 (+0.00%)

At closeJun 26, 2024, 4:00 PM EDT

29.97 Day range 30.00

52-week range unavailable

Market cap
1.18B
Revenue (ttm)
256.31M
Profit margin
0.10%
Shares out
39.42M
Forward P/E
20.13
Volume
1.51M
Open
29.98
Previous close
30.00
Day's range
29.97 – 30.00
Beta
0.68
Analysts
Hold
Price target
30.00 (+0.0%)
Earnings date
Aug 13, 2024

 

No chart data for this range yet.

Key statistics

Enterprise value
1.14B
PEG ratio
0.23
Price / sales
4.61
Price / book
8.63
Dividend yield
0.00%
Payout ratio
0.00%
Revenue growth
4.00%
Free cash flow
57.13M
Total cash
334.56M
Total debt
290.06M
Return on equity
0.23%
Short % of float
13.99%
50-day average
29.82
200-day average
26.62

Financials — quick view

All financials
MODN Revenue — quarterly 65.11M
2020-Q3 20202020-Q4 20202021-Q1 20202021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20212022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 2024
MODN Net income — quarterly -1.39M
2020-Q3 20202020-Q4 20202021-Q1 20202021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20212022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 2024
MODN EPS — quarterly -0.04
2020-Q3 20202020-Q4 20202021-Q1 20202021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20212022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 2024

Earnings

MODN recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Aug 13, 2024Jun 1, 20240.36———
May 6, 2024Mar 1, 20240.26———
Feb 6, 2024Dec 1, 20230.29———
Nov 9, 2023Sep 1, 20230.30———
Aug 8, 2023Jun 1, 20230.24———
May 9, 2023Mar 1, 20230.17———

Upgrades / downgrades

MODN analyst upgrades and downgrades
DateFirmActionFromTo
Sep 4, 2023JMP SecuritiesreitMarket OutperformMarket Outperform
Aug 8, 2023Morgan StanleymainOverweightOverweight
Aug 8, 2023NeedhammainBuyBuy
Jul 11, 2023Jefferiesinit—Hold
Jul 5, 2023Goldman Sachsinit—Buy
Jun 14, 2023Morgan Stanleyreit—Overweight

About Model N, Inc.

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.

Sector
Technology
Industry
Software—Application
Country
United States
Website
modeln.com

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Insider holders

MODN insider holders
InsiderRelationLatest transactionDateShares held
ADAMS TIMOTHY MDirectorStock GiftJun 4, 202423,627
ANDERSON MARK ALBERTOfficerSaleMay 15, 2024260,949
BLESSING JASONChief Executive OfficerSaleMay 15, 2024884,172
DECARLIS KIMBERLY MDirectorSaleMar 13, 202418,115
EDERER JOHNChief Financial OfficerSaleMay 15, 2024296,386
FISHER MELISSA BDirectorStock GiftJun 5, 202458,869

Institution ownership

MODN institution ownership
Holder% heldSharesValueReported
Conestoga Capital Advisors, LLC9.89%3,801,196134.41MJun 29, 2023
Blackrock Inc.9.02%3,467,241122.60MJun 29, 2023
Artisan Partners Limited Partnership7.51%2,888,255102.13MJun 29, 2023
Neuberger Berman Group, LLC7.00%2,691,92495.19MJun 29, 2023
ClearBridge Investments, LLC6.56%2,523,26189.22MJun 29, 2023
Vanguard Group Inc6.55%2,516,50088.98MJun 29, 2023

Fund ownership

MODN fund ownership
Holder% heldSharesValueReported
Conestoga Small Cap Fund6.68%2,566,71990.76MJun 29, 2023
Legg Mason Clearbridge Small Cap Growth Fd5.15%1,980,36665.99MJul 30, 2023
Neuberger & Berman Genesis Fund4.65%1,788,15263.23MJun 29, 2023
Artisan International Small-Mid Fund4.07%1,564,66355.33MJun 29, 2023
Vanguard Total Stock Market Index Fund2.90%1,114,09939.39MJun 29, 2023
iShares Russell 2000 ETF2.21%849,62422.94MAug 30, 2023