Five9, Inc. (NASDAQ:FIVN – Free Report) – Stock analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Five9 in a research report issued on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey expects that the software maker will post earnings of $0.31 per share 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.
Other equities analysts have also recently issued reports about the company. Needham & Company LLC reissued a “buy” rating and set a $52.00 price objective on shares of Five9 in a report on Tuesday. Robert W. Baird lifted their price target on shares of Five9 from $40.00 to $43.00 and gave the stock a “neutral” rating in a research note on Monday, November 11th. Truist Financial reaffirmed a “buy” rating and issued a $65.00 price objective on shares of Five9 in a research note on Tuesday, December 17th. Wells Fargo & Company downgraded shares of Five9 from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $55.00 to $40.00 in a research note on Tuesday, November 12th. Finally, DA Davidson upped their price target on shares of Five9 from $40.00 to $45.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Six analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $57.50.
Five9 Trading Up 5.8 %
NASDAQ FIVN opened at $39.54 on Wednesday. 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 stock’s 50-day simple moving average is $40.44 and its two-hundred day simple moving average is $36.25. Five9 has a twelve month low of $26.60 and a twelve month high of $81.24. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of -79.08, a PEG ratio of 8.53 and a beta of 0.92.
Five9 (NASDAQ:FIVN – Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The software maker reported $0.15 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 company had revenue of $264.18 million during the quarter, compared to the consensus estimate of $254.82 million. During the same period in the previous year, the company earned ($0.21) EPS.
Hedge Funds Weigh In On Five9
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC boosted its position in shares of Five9 by 2.4% in the 3rd quarter. FMR LLC now owns 11,159,760 shares of the software maker’s stock worth $320,620,000 after purchasing an additional 259,820 shares in the last quarter. Sylebra Capital LLC grew its stake in shares of Five9 by 28.4% in the second quarter. Sylebra Capital LLC now owns 3,013,789 shares of the software maker’s stock worth $132,908,000 after acquiring an additional 666,681 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Five9 by 14.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,667,922 shares of the software maker’s stock valued at $47,919,000 after acquiring an additional 210,836 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of Five9 by 14.9% in the 3rd quarter. Fisher Asset Management LLC now owns 761,966 shares of the software maker’s stock worth $21,891,000 after purchasing an additional 98,543 shares during the last quarter. Finally, Point72 Asset Management L.P. boosted its stake in Five9 by 347.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 753,127 shares of the software maker’s stock worth $33,213,000 after purchasing an additional 584,800 shares in the last quarter. Hedge funds and other institutional investors own 96.64% of the company’s stock.
Insider Activity at Five9
In other news, COO Andy Dignan sold 4,109 shares of the 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 $171,961.65. Following the completion of the transaction, the chief operating officer now owns 115,818 shares of the company’s stock, valued at approximately $4,846,983.30. This represents a 3.43 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Leena Mansharamani sold 1,346 shares of Five9 stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $41.33, for a total value of $55,630.18. Following the sale, the chief accounting officer now owns 35,526 shares in the company, valued at $1,468,289.58. This represents a 3.65 % 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 quarter. 1.80% of the stock is owned by corporate 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.
Read More
- Five stocks we like better than Five9
- How to trade using analyst ratings
- Teck Resources: America’s Ally in Rare Earth Elements
- How to Calculate Inflation Rate
- Best Buy’s Dividend Is a Bargain With Double-Digit Upside
- What is the MACD Indicator and How to Use it in Your Trading
- SAP’s Strong Momentum: A Bullish Setup for Investors
Receive News & Ratings for Five9 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five9 and related companies with MarketBeat.com's FREE daily email newsletter.