Model N is in the technology sector and trades as part of the application software industry. The company CEO is Jason Blessing. Model N Inc provides revenue management cloud solutions for life science and technology companies. Its portfolio includes Revenue Cloud, Revenue Cloud for Pharma, Revenue Cloud for MedTech and Revenue Cloud for High Tech.



Previous Intraday Performance:

The MODN shares had a previous change of 1.81% which opened at 17.80 and closed at 17.98. It moved to an intraday high of 17.98 and a low of 17.59.

Business Wire:  Model N to Present at the Needham Emerging Technology Conference

Historical Performance:

Over the last five trading days, MODN shares returned -1.10% and in the past 30 trading days it returned -1.64%. Over three months, it changed 4.41%. In one year it has changed 0.73% and within that year its 52 week high was 20.33 and its 52 week low was 12.60. MODN stock is 42.76% above its 52 week low.

Our calculations result in a 200 day moving average of 16.06 and a 50 day moving average of 18.06. Right now, MODN stock is trading 11.96% above its 200 day moving average.

Business Wire:  Model N to Present at the Needham Emerging Technology Conference

Liquidity:

The company has a market cap of $584.0m with 32.5m shares outstanding and a float of 27.1m shares. Trading volume was 173,665 shares and has experienced an average volume of 165,078 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Model N was -0.92 which ended on 30th of September 2018. Based on 3 analyst estimates, the consensus EPS for the next quarter is -0.12.

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-07-2019: -0.18
4thQtr 2018Reported 02-05-2019: -0.15
3rdQtr 2018Reported 11-06-2018: -0.12
2ndQtr 2018Reported 08-07-2018: -0.50
1stQtr 2018Reported 05-08-2018: -0.13

Base on our calculations, the intrinsic value per share is 10.42, which means it might be overvalued by -72.61%.

EPS growth is an important number as it indicates the future prospects of Model N; it is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -7.50% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 92.40% of institutional ownership. Short-interest was 574,893, which was 1.77% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.64. This stock has some short interest, but it might be normal and no need to worry if long the position.

The beta was calculated to be 0.54.

SeekingAlpha:  UK regulator to open more BT infrastructure for fiber

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -18.20%, profit margin is -20.30%, price-to-sales is 3.92 and price-to-book is 11.21.

Company Score Card:

Results are out of six:
 1  : Growth Expectations Result
 4  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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