$-0.18 EPS Expected for Model N Inc (MODN)

November 5, 2017 – By Winifred Garcia

Investors sentiment increased to 2.39 in 2017 Q2. Its up 0.87, from 1.52 in 2017Q1. It increased, as 4 investors sold Model N Inc shares while 14 reduced holdings. 15 funds opened positions while 28 raised stakes. 15.98 million shares or 0.81% less from 16.11 million shares in 2017Q1 were reported.
Penn stated it has 0.7% of its portfolio in Model N Inc (NYSE:MODN). Manufacturers Life The has invested 0% in Model N Inc (NYSE:MODN). 213,131 were accumulated by D E Shaw. Sei Invs has invested 0% in Model N Inc (NYSE:MODN). Lyon Street Cap Limited Liability Company reported 270,263 shares. Royal Retail Bank Of Canada invested 0% in Model N Inc (NYSE:MODN). Metropolitan Life Insurance New York holds 0% or 16,742 shares. Fil Ltd reported 0% of its portfolio in Model N Inc (NYSE:MODN). California State Teachers Retirement System owns 41,284 shares for 0% of their portfolio. Golden Gate Private Equity accumulated 356,819 shares. Moreover, Emerald Advisers Incorporated Pa has 0.44% invested in Model N Inc (NYSE:MODN). Deutsche Financial Bank Ag invested in 0% or 99,714 shares. Citigroup reported 1,321 shares stake. Rbf Cap Ltd Liability invested 0.03% in Model N Inc (NYSE:MODN). Alliancebernstein Limited Partnership invested in 16,700 shares.

Wall Street await Model N Inc (NYSE:MODN) to release earnings on November, 6. Analysts forecast EPS of $-0.18, up exactly $0.08 or 30.77 % from 2014’s $-0.26 EPS. After posting $-0.23 EPS for the previous quarter, Model N Inc’s analysts now forecast -21.74 % EPS growth. The stock decreased 0.70% or $0.1 on November 3, reaching $14.2. About 108,783 shares traded or 22.62% up from the average. Model N Inc (NYSE:MODN) has risen 18.66% since November 5, 2016 and is uptrending. It has outperformed by 1.96% the S&P500.

Model N Inc (NYSE:MODN) Ratings Coverage

Among 6 analysts covering Model N Inc (NYSE:MODN), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Model N Inc had 7 analyst reports since February 16, 2016 according to SRatingsIntel. The firm earned “Market Perform” rating on Tuesday, August 9 by JMP Securities. The rating was downgraded by Craig Hallum on Tuesday, December 13 to “Hold”. The firm earned “Overweight” rating on Friday, November 11 by JP Morgan. Stifel Nicolaus maintained Model N Inc (NYSE:MODN) rating on Wednesday, November 16. Stifel Nicolaus has “Hold” rating and $9 target. The stock of Model N Inc (NYSE:MODN) earned “Buy” rating by Craig Hallum on Tuesday, February 16. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, August 9 report.

Model N, Inc. is a provider of revenue management solutions for life science and technology companies. The company has market cap of $413.12 million. The Company’s solutions enable its clients to maximize revenues and reduce revenue compliance risk by transforming their revenue life cycle from a series of tactical, disjointed activities into a strategic end-to-end process. It currently has negative earnings. The Company’s solutions include Revenue Enterprise Cloud, Revenue Intelligence Cloud and Revvy Revenue Management.

More news for Model N Inc (NYSE:MODN) were recently published by: Businesswire.com, which released: “Model N Announces Date of Fourth Quarter and Fiscal Year 2017 Financial Results” on October 11, 2017. Businesswire.com‘s article titled: “Model N and GHX Collaborate to Reduce Operational Inefficiencies in the …” and published on October 30, 2017 is yet another important article.