On 11/10/23, Model N Inc (NYSE: MODN) stock suffered a major decline of -15.5%, closing at $21.43. The stock has been weak relative to the market over the last nine months and has declined -13.1% during the last week.
Current PriceTarget Research Rating
MODN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Model N has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Model N has a slightly negative Power Rating of 38 and a poor Appreciation Score of 20, and the Lowest Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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