In the last three months, 7 analysts have published ratings on Model N MODN, offering a diverse range of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 3 | 2 | 2 | 0 | 0 |
Last 30D | 0 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 1 | 0 | 0 |
3M Ago | 3 | 2 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Model N, presenting an average target of $32.14, a high estimate of $37.00, and a low estimate of $25.00. This current average represents a 16.67% decrease from the previous average price target of $38.57.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of Model N among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Anne Samuel | JP Morgan | Lowers | Neutral | $25.00 | $30.00 |
Joe Goodwin | JMP Securities | Lowers | Outperform | $30.00 | $44.00 |
Craig Hettenbach | Morgan Stanley | Lowers | Overweight | $37.00 | $40.00 |
Adam Hotchkiss | Goldman Sachs | Lowers | Buy | $36.00 | $42.00 |
Rishi Jaluria | RBC Capital | Lowers | Sector Perform | $30.00 | $35.00 |
Adam Hotchkiss | Goldman Sachs | Lowers | Buy | $36.00 | $42.00 |
Ryan MacDonald | Needham | Lowers | Buy | $31.00 | $37.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Model N. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Model N compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Model N's stock. This examination reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Model N's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Model N analyst ratings.
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Discovering Model N: A Closer Look
Model N Inc is a provider of cloud revenue management solutions for life science and technology companies. The products of the company involve Revenue Cloud for Life Sciences for helps life science companies improve revenue and operational efficiency while adhering to government regulations as it creates and executes contracts with its customers; and Revenue Cloud for High Tech that enables customers to modernize their sales processes by adopting a strategic approach to manage the revenue lifecycle by planned revenue. It has one operating segment with one business activity - developing and monetizing revenue management solutions. A majority of the firm's revenue is generated in the United States, but it has a presence in countries across the world.
Understanding the Numbers: Model N's Finances
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Model N displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 9.97%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Model N's net margin is impressive, surpassing industry averages. With a net margin of 0.98%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Model N's ROE stands out, surpassing industry averages. With an impressive ROE of 0.57%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Model N's ROA stands out, surpassing industry averages. With an impressive ROA of 0.13%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Model N's debt-to-equity ratio surpasses industry norms, standing at 2.52. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Understanding the Relevance of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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