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home / news releases / MODN - Model N: Taking My Foot Off The Gas Pedal After Recent Rally

MODN - Model N: Taking My Foot Off The Gas Pedal After Recent Rally

Model N Inc.
  • Shares of Model N have rallied ~15% this year, beating most other tech/enterprise software peers.
  • The stock's value orientation has benefited the company in a year when investors have soured on richly traded growth stocks.
  • Still, Model N is now looking pricey itself approaching ~8x forward revenue.
  • Growth is slowing down to the low teens, and Model N's profitability gains are only slight.

For further details see:

Model N: Taking My Foot Off The Gas Pedal After Recent Rally
Stock Information
Company Name: Model N Inc.
Stock Symbol: MODN
Market: NYSE
Website: modeln.com
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