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Model N, Inc. MODN

Set alert

Price alert · MODN

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30.00 0.00 0.00%

At close · Jun 26

29.97 Day range 30.00

52-week range unavailable

Open
29.98
Prev close
30.00
Mkt cap
1.18B
Vol
1.51M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
0.00%
More statistics
Low
29.97
High
30.00
Forward P/E
20.13
Beta
0.68
Short ratio
7.93
Inst. own
92.71%
Dividend
0.00
Ex-div date
Earnings
Aug 13, 2024
50-d avg
29.82
200-d avg
26.62
1y target
30.00

6M chart

Chart tools
Interval

Events in this range
  • Feb 6, 2024Earnings: —; estimate 0.29; surprise —%
  • May 6, 2024Earnings: —; estimate 0.26; surprise —%
Signals (21)
NameDateAgo
RSI: OverboughtJun 26, 20242 years ago
RSI: OverboughtJun 21, 20242 years ago
MACD: Sell SignalApr 23, 20242 years ago
RSI: OverboughtApr 11, 20242 years ago
RSI: OverboughtApr 8, 20242 years ago
RSI: OverboughtMar 28, 20242 years ago
SMA: BullishMar 21, 20242 years ago
SMA: BullishMar 15, 20242 years ago
SMA: BearishMar 14, 20242 years ago
SMA: BullishMar 11, 20242 years ago
MACD: Buy SignalMar 11, 20242 years ago
SMA: BearishFeb 28, 20242 years ago
SMA: BullishFeb 23, 20242 years ago
SMA: BearishFeb 21, 20242 years ago
SMA: BearishFeb 16, 20242 years ago
MACD: Sell SignalJan 30, 20242 years ago
MACD: Buy SignalJan 19, 20242 years ago
MACD: Sell SignalJan 18, 20242 years ago
MACD: Buy SignalJan 10, 20242 years ago
MACD: Sell SignalJan 4, 20242 years ago
SMA: BearishJan 3, 20242 years ago

Key statistics

Market cap
1.18B
Enterprise value
1.14B
Trailing P/E
1500.00
Forward P/E
20.13
PEG ratio
0.23
Price / sales
4.61
Price / book
8.63
EPS (TTM)
0.02
Beta
0.68
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
0.10%
Revenue (TTM)
256.31M
Revenue growth
4.00%
Free cash flow
57.13M
Total cash
334.56M
Total debt
290.06M
Return on equity
0.23%
Shares outstanding
39.42M
Short % of float
13.99%
50-day average
29.82
200-day average
26.62

Analyst view

Consensus: hold

Hold
Price target (mean) 30.00
Ratings (0m) 6 4 buy · 2 hold · 0 sell
  • Strong buy1
  • Buy3
  • Hold2
  • Sell0
  • Strong sell0

Next earnings

Aug 13, 2024

Expected Aug 13, 2024. Consensus EPS estimate 0.36.

Earnings history

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

News

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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
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