Media coverage about Model N (NYSE:MODN) has been trending somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Model N earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news stories about the software maker an impact score of 47.2725407673598 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Several research firms have recently issued reports on MODN. JPMorgan Chase & Co. downgraded shares of Model N from an “overweight” rating to a “neutral” rating and set a $18.00 price objective on the stock. in a report on Tuesday, December 12th. Dougherty & Co upped their price objective on shares of Model N from $17.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, December 19th. Zacks Investment Research upgraded shares of Model N from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a report on Monday, November 13th. Raymond James Financial restated a “hold” rating on shares of Model N in a report on Monday, December 4th. Finally, BidaskClub downgraded shares of Model N from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 10th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $18.00.

Model N (NYSE MODN) traded down $0.10 on Monday, hitting $15.95. 100,700 shares of the stock traded hands, compared to its average volume of 119,338. Model N has a 12-month low of $8.45 and a 12-month high of $16.75. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of $470.10, a P/E ratio of -11.56 and a beta of 1.17.

Model N (NYSE:MODN) last posted its quarterly earnings data on Tuesday, November 7th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.09) by $0.03. Model N had a negative net margin of 30.15% and a negative return on equity of 55.26%. The firm had revenue of $35.61 million for the quarter, compared to the consensus estimate of $34.86 million. During the same quarter in the prior year, the company posted ($0.28) earnings per share. The company’s revenue for the quarter was up 24.9% compared to the same quarter last year. research analysts expect that Model N will post -0.64 EPS for the current fiscal year.

In related news, CFO David Barter sold 3,596 shares of the company’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $14.65, for a total value of $52,681.40. Following the sale, the chief financial officer now owns 111,676 shares in the company, valued at $1,636,053.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Alan S. Henricks sold 4,730 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $14.59, for a total value of $69,010.70. Following the completion of the sale, the director now owns 40,134 shares in the company, valued at approximately $585,555.06. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,801 shares of company stock worth $317,080. 18.90% of the stock is owned by insiders.

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Model N Company Profile

Model N, Inc is a provider of revenue management solutions for life science and technology companies. The Company’s solutions enable its customers to maximize revenues and reduce revenue compliance risk by transforming their revenue life cycle from a series of tactical, disjointed operations into a strategic end-to-end process.

Insider Buying and Selling by Quarter for Model N (NYSE:MODN)

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