Model N (NASDAQ:MODN) will be announcing its Q214 earnings results on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.17) per share and revenue of $20.31 million for the quarter.
Model N (NASDAQ:MODN) last released its earnings data on Monday, February 10th. The company reported ($0.03) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.12) by $0.09. The company had revenue of $21.60 million for the quarter, compared to the consensus estimate of $21.18 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share. Model N’s revenue was down 3.1% compared to the same quarter last year. On average, analysts expect Model N to post $-0.76 EPS for the current fiscal year and $-0.42 EPS for the next fiscal year.
Shares of Model N (NASDAQ:MODN) opened at 9.00 on Wednesday. Model N has a one year low of $7.55 and a one year high of $24.80. The stock’s 50-day moving average is $10.06 and its 200-day moving average is $10.17. The company’s market cap is $218.2 million.
A number of research firms have recently commented on MODN. Analysts at Zacks downgraded shares of Model N from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 15th. They now have a $11.60 price target on the stock. Analysts at Deutsche Bank raised their price target on shares of Model N from $12.00 to $18.00 in a research note on Tuesday, February 11th. They now have a “buy” rating on the stock. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $18.52.
Model N Inc is a United States-based company, which provides revenue management solutions for the life science and technology industries.
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