Model N (MODN) Receives Media Sentiment Score of 0.00

News headlines about Model N (NYSE:MODN) have trended somewhat negative this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Model N earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave news stories about the software maker an impact score of 46.1428801700121 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Model N (NYSE:MODN) traded up 1.41% on Wednesday, hitting $14.40. 75,006 shares of the stock traded hands. The company’s 50 day moving average price is $14.01 and its 200-day moving average price is $12.77. Model N has a 12-month low of $6.97 and a 12-month high of $15.05. The stock’s market capitalization is $418.94 million.

Model N (NYSE:MODN) last announced its quarterly earnings results on Tuesday, August 8th. The software maker reported ($0.23) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.04. The business had revenue of $34.20 million for the quarter, compared to the consensus estimate of $34.41 million. Model N had a negative net margin of 30.85% and a negative return on equity of 52.59%. Model N’s revenue for the quarter was up 22.6% on a year-over-year basis. During the same period last year, the company posted ($0.16) EPS. Analysts predict that Model N will post ($0.62) EPS for the current year.

A number of analysts recently commented on MODN shares. Zacks Investment Research downgraded shares of Model N from a “buy” rating to a “hold” rating in a report on Tuesday, September 5th. ValuEngine upgraded shares of Model N from a “sell” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub upgraded shares of Model N from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 17th. Finally, Dougherty & Co started coverage on shares of Model N in a report on Thursday, June 29th. They issued a “buy” rating and a $17.00 target price on the stock. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $13.67.

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In related news, SVP Amelia Generalis sold 6,298 shares of the stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $13.35, for a total transaction of $84,078.30. Following the completion of the sale, the senior vice president now directly owns 70,436 shares of the company’s stock, valued at approximately $940,320.60. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 20.40% of the stock is currently owned by corporate insiders.

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.

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