Five9 (FIVN) Scheduled to Post Earnings on Thursday

Five9 (NASDAQ:FIVN) will be announcing its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.58 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Five9 (NASDAQ:FIVN) last posted its earnings results on Thursday, August 8th. The software maker reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.14. Five9 had a negative return on equity of 6.59% and a negative net margin of 5.44%. The company had revenue of $252.09 million for the quarter, compared to the consensus estimate of $244.54 million. On average, analysts expect Five9 to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Five9 Stock Performance

Shares of FIVN stock traded down $0.23 on Tuesday, hitting $30.08. The company’s stock had a trading volume of 320,215 shares, compared to its average volume of 1,444,844. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.15. Five9 has a fifty-two week low of $26.60 and a fifty-two week high of $92.40. The stock’s 50 day moving average is $29.44 and its 200-day moving average is $39.83. The company has a market capitalization of $2.25 billion, a PE ratio of -42.10 and a beta of 0.85.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on FIVN shares. Bank of America raised shares of Five9 from an “underperform” rating to a “buy” rating and set a $63.00 price objective for the company in a research note on Monday, August 5th. Robert W. Baird downgraded shares of Five9 from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $90.00 to $40.00 in a research report on Friday, August 9th. Baird R W lowered shares of Five9 from a “strong-buy” rating to a “hold” rating in a report on Friday, August 9th. Barclays lowered their target price on Five9 from $75.00 to $55.00 and set an “overweight” rating for the company in a report on Friday, August 9th. Finally, StockNews.com raised shares of Five9 from a “sell” rating to a “hold” rating in a research note on Thursday, August 8th. Four research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $62.00.

Insider Activity at Five9

In other news, EVP Panos Kozanian sold 7,617 shares of the stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $30.02, for a total value of $228,662.34. Following the sale, the executive vice president now directly owns 76,628 shares of the company’s stock, valued at approximately $2,300,372.56. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CRO Daniel P. Burkland sold 2,605 shares of the stock in a transaction on Monday, August 26th. The stock was sold at an average price of $33.41, for a total transaction of $87,033.05. Following the sale, the executive now directly owns 132,554 shares of the company’s stock, valued at $4,428,629.14. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Panos Kozanian sold 7,617 shares of the business’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $30.02, for a total value of $228,662.34. Following the completion of the transaction, the executive vice president now directly owns 76,628 shares of the company’s stock, valued at approximately $2,300,372.56. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 36,493 shares of company stock valued at $1,097,753 in the last 90 days. Corporate insiders own 1.80% of the company’s stock.

Five9 Company Profile

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.