Research Analysts Issue Forecasts for Five9 FY2025 Earnings

Five9, Inc. (NASDAQ:FIVN - Free Report) - Research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Five9 in a note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey anticipates that the software maker will earn $0.31 per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $46.00 price objective on the stock. The consensus estimate for Five9's current full-year earnings is $0.11 per share.

Several other equities analysts have also issued reports on the company. DA Davidson increased their target price on Five9 from $40.00 to $45.00 and gave the stock a "neutral" rating in a research note on Friday, November 8th. Rosenblatt Securities increased their target price on Five9 from $45.00 to $50.00 and gave the stock a "buy" rating in a research note on Friday, November 8th. Morgan Stanley increased their target price on Five9 from $40.00 to $46.00 and gave the stock an "equal weight" rating in a research note on Wednesday, December 18th. Wells Fargo & Company lowered 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 research note on Tuesday, November 12th. Finally, Truist Financial reaffirmed a "buy" rating and issued a $65.00 price target on shares of Five9 in a research report on Tuesday, December 17th. Six equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $57.50.

Five9 Trading Up 0.9 %

Shares of Five9 stock traded up $0.36 during trading hours on Wednesday, hitting $39.90. The company's stock had a trading volume of 598,648 shares, compared to its average volume of 991,517. Five9 has a twelve month low of $26.60 and a twelve month high of $80.39. The firm has a fifty day moving average of $40.44 and a 200-day moving average of $36.25. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of -79.84, a P/E/G ratio of 8.53 and a beta of 0.92. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.85 and a current ratio of 1.85.

Five9 (NASDAQ:FIVN - Get Free Report) last issued its earnings results on Thursday, November 7th. The software maker reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.43). Five9 had a negative net margin of 3.66% and a negative return on equity of 1.53%. The company had revenue of $264.18 million during the quarter, compared to analysts' expectations of $254.82 million. During the same quarter in the previous year, the company earned ($0.21) earnings per share.

Insiders Place Their Bets

In related news, EVP Panos Kozanian sold 7,619 shares of Five9 stock in a transaction 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 of the company's stock, valued at approximately $2,904,588.81. The trade was a 9.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Michael Burkland sold 12,594 shares of Five9 stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $41.40, for a total value of $521,391.60. Following the transaction, the chief executive officer now directly owns 240,894 shares of the company's stock, valued at approximately $9,973,011.60. This represents a 4.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,004 shares of company stock valued at $1,209,279. 1.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Five9

Hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP grew its position in shares of Five9 by 24.8% in the second quarter. Dimensional Fund Advisors LP now owns 363,558 shares of the software maker's stock valued at $16,031,000 after purchasing an additional 72,204 shares during the period. Hsbc Holdings PLC grew its position in Five9 by 289.6% during the second quarter. Hsbc Holdings PLC now owns 109,807 shares of the software maker's stock valued at $4,806,000 after acquiring an additional 81,626 shares during the period. Sei Investments Co. grew its position in Five9 by 17.1% during 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 position 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 during the period. Finally, ProShare Advisors LLC grew its position in Five9 by 110.4% during the second quarter. ProShare Advisors LLC now owns 8,382 shares of the software maker's stock valued at $370,000 after acquiring an additional 4,399 shares during the period. Hedge funds and other institutional investors own 96.64% 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.