Five9, Inc. (NASDAQ:FIVN – Free Report) – Research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Five9 in a note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey expects that the software maker will post earnings per share of $0.31 for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $46.00 target price on the stock. The consensus estimate for Five9’s current full-year earnings is $0.11 per share.
FIVN has been the subject of several other reports. Robert W. Baird lifted their price target on shares of Five9 from $40.00 to $43.00 and gave the company a “neutral” rating in a research note on Monday, November 11th. Piper Sandler boosted their target price on Five9 from $35.00 to $46.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Wells Fargo & Company lowered Five9 from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $55.00 to $40.00 in a report on Tuesday, November 12th. Truist Financial restated a “buy” rating and set a $65.00 price objective on shares of Five9 in a report on Tuesday, December 17th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $52.00 target price on shares of Five9 in a report on Tuesday. Six analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $57.50.
Five9 Stock Performance
Shares of Five9 stock opened at $39.54 on Wednesday. The company has a market cap of $2.97 billion, a P/E ratio of -79.08, a PEG ratio of 8.53 and a beta of 0.92. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 1.32. The business has a 50-day moving average price of $40.44 and a two-hundred day moving average price of $36.25. Five9 has a 1-year low of $26.60 and a 1-year high of $81.24.
Five9 (NASDAQ:FIVN – Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The software maker reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.43). Five9 had a negative return on equity of 1.53% and a negative net margin of 3.66%. The firm had revenue of $264.18 million during the quarter, compared to analyst estimates of $254.82 million. During the same quarter last year, the firm posted ($0.21) EPS.
Institutional Trading of Five9
Several hedge funds and other institutional investors have recently modified their holdings of FIVN. Dimensional Fund Advisors LP lifted its holdings in Five9 by 24.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 363,558 shares of the software maker’s stock worth $16,031,000 after purchasing an additional 72,204 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Five9 by 289.6% in the second quarter. Hsbc Holdings PLC now owns 109,807 shares of the software maker’s stock worth $4,806,000 after buying an additional 81,626 shares in the last quarter. Sei Investments Co. boosted its position in shares of Five9 by 17.1% in the second quarter. Sei Investments Co. now owns 225,155 shares of the software maker’s stock valued at $9,929,000 after acquiring an additional 32,946 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its stake in Five9 by 65.5% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 40,374 shares of the software maker’s stock valued at $1,780,000 after acquiring an additional 15,973 shares in the last quarter. Finally, ProShare Advisors LLC increased its holdings in Five9 by 110.4% during the 2nd quarter. ProShare Advisors LLC now owns 8,382 shares of the software maker’s stock worth $370,000 after acquiring an additional 4,399 shares during the period. Institutional investors own 96.64% of the company’s stock.
Insider Activity
In related news, COO Andy Dignan sold 4,109 shares of Five9 stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $41.85, for a total value of $171,961.65. Following the completion of the sale, the chief operating officer now owns 115,818 shares of the company’s stock, valued at approximately $4,846,983.30. This trade represents a 3.43 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Michael Burkland sold 12,594 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $41.40, for a total transaction of $521,391.60. Following the sale, the chief executive officer now directly owns 240,894 shares in the company, valued at approximately $9,973,011.60. This trade represents a 4.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,004 shares of company stock valued at $1,209,279 in the last ninety days. 1.80% of the stock is currently owned by insiders.
About Five9
Five9, Inc, together with its subsidiaries, provides intelligent cloud software for contact centers in the United States, India, and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions.
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