Five9 (NASDAQ:FIVN) Announces Earnings Results

Five9 (NASDAQ:FIVN - Get Free Report) announced its quarterly earnings data 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 positive return on equity of 3.62% and a negative net margin of 1.23%. The business 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 Trading Up 1.0 %

Shares of NASDAQ FIVN traded up $0.40 during midday trading on Friday, hitting $42.09. 7,962,508 shares of the company traded hands, compared to its average volume of 1,288,138. Five9 has a 12-month low of $26.60 and a 12-month high of $65.71. The firm has a market cap of $3.17 billion, a P/E ratio of -210.44, a P/E/G ratio of 9.41 and a beta of 0.93. The stock has a 50-day moving average price of $40.57 and a 200 day moving average price of $35.89. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.85 and a current ratio of 1.85.

Insiders Place Their Bets

In other news, CAO Leena Mansharamani sold 1,346 shares of the stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $41.33, for a total value of $55,630.18. Following the completion of the transaction, the chief accounting officer now owns 35,526 shares of the company's stock, valued at approximately $1,468,289.58. This represents a 3.65 % 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, CEO Michael Burkland sold 12,594 shares of the firm's stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $41.40, for a total value of $521,391.60. Following the completion of the transaction, the chief executive officer now owns 240,894 shares of the company's stock, valued at approximately $9,973,011.60. The trade was a 4.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 29,004 shares of company stock worth $1,209,279 over the last three months. Company insiders own 1.80% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. William Blair reiterated an "outperform" rating on shares of Five9 in a research report on Friday. Morgan Stanley lifted their price objective on Five9 from $40.00 to $46.00 and gave the stock an "equal weight" rating in a report on Wednesday, December 18th. Rosenblatt Securities increased their target price on Five9 from $50.00 to $58.00 and gave the company a "buy" rating in a report on Friday. DA Davidson lifted their price target on Five9 from $40.00 to $45.00 and gave the stock a "neutral" rating in a research note on Friday, November 8th. Finally, Truist Financial reiterated a "buy" rating and issued a $65.00 price objective on shares of Five9 in a research report on Tuesday, December 17th. Six analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. Based on data from MarketBeat, Five9 has a consensus rating of "Moderate Buy" and an average price target of $59.22.

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.