Five9 (NASDAQ:FIVN) Announces Earnings Results

Five9 (NASDAQ:FIVNGet Free Report) announced its quarterly earnings results on Thursday. The software maker reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.44), Zacks reports. Five9 had a negative net margin of 3.66% and a negative return on equity of 1.53%. The company had revenue of $278.66 million during the quarter, compared to the consensus estimate of $267.70 million. Five9 updated its FY 2025 guidance to 2.580-2.620 EPS and its Q1 2025 guidance to 0.470-0.490 EPS.

Five9 Stock Up 1.0 %

FIVN stock opened at $42.09 on Friday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 1.32. The business has a 50 day moving average price of $40.57 and a two-hundred day moving average price of $35.89. The company has a market cap of $3.17 billion, a price-to-earnings ratio of -84.18, a P/E/G ratio of 9.44 and a beta of 0.93. Five9 has a twelve month low of $26.60 and a twelve month high of $65.71.

Insider Buying and Selling at Five9

In other news, EVP Panos Kozanian sold 7,619 shares of Five9 stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $42.09, for a total transaction of $320,683.71. Following the completion of the transaction, the executive vice president now directly owns 69,009 shares in the company, valued at approximately $2,904,588.81. The trade was a 9.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Barry Zwarenstein sold 3,336 shares of Five9 stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $41.85, for a total value of $139,611.60. Following the transaction, the chief financial officer now owns 98,396 shares of the company’s stock, valued at $4,117,872.60. This represents a 3.28 % 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 worth $1,209,279 over the last ninety days. 1.80% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on FIVN. Wells Fargo & Company cut Five9 from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $55.00 to $40.00 in a report on Tuesday, November 12th. Cantor Fitzgerald raised their price target on Five9 from $46.00 to $57.00 and gave the company an “overweight” rating in a report on Friday. Piper Sandler raised their price target on Five9 from $46.00 to $53.00 and gave the company an “overweight” rating in a report on Friday. Needham & Company LLC reiterated a “buy” rating and issued a $52.00 price target on shares of Five9 in a report on Friday. Finally, Barclays raised their price target on Five9 from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Friday. Six investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $59.22.

Get Our Latest Stock Analysis on Five9

Five9 Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for Five9 (NASDAQ:FIVN)

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