DA Davidson Issues Negative Estimate for Five9 Earnings

Five9, Inc. (NASDAQ:FIVN - Free Report) - DA Davidson lowered their Q1 2025 EPS estimates for shares of Five9 in a report issued on Tuesday, April 15th. DA Davidson analyst G. Luria now anticipates that the software maker will post earnings per share of ($0.16) for the quarter, down from their previous forecast of ($0.03). The consensus estimate for Five9's current full-year earnings is $0.28 per share. DA Davidson also issued estimates for Five9's FY2025 earnings at $0.25 EPS and FY2026 earnings at $0.47 EPS.

Five9 (NASDAQ:FIVN - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The software maker reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.44). The business had revenue of $278.66 million for the quarter, compared to analyst estimates of $267.70 million. Five9 had a positive return on equity of 3.62% and a negative net margin of 1.23%.

Other equities analysts also recently issued reports about the company. Barclays raised their price objective on Five9 from $55.00 to $60.00 and gave the stock an "overweight" rating in a report on Friday, February 21st. Morgan Stanley reduced their price objective on Five9 from $48.00 to $28.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $65.00 price target on shares of Five9 in a research note on Wednesday, March 19th. William Blair reaffirmed an "outperform" rating on shares of Five9 in a research report on Thursday, March 13th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $58.00 price target on shares of Five9 in a research report on Friday, April 4th. Six analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, Five9 has an average rating of "Moderate Buy" and an average price target of $54.00.

Five9 Trading Up 2.6 %

Shares of FIVN stock traded up $0.56 during trading hours on Thursday, hitting $22.15. 337,234 shares of the company were exchanged, compared to its average volume of 1,600,557. 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 firm has a market cap of $1.68 billion, a PE ratio of -110.51, a PEG ratio of 9.41 and a beta of 1.29. Five9 has a 1 year low of $21.04 and a 1 year high of $60.81. The firm has a fifty day moving average of $30.45 and a 200 day moving average of $35.23.

Insider Activity at Five9

In other news, CEO Michael Burkland sold 12,595 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $35.63, for a total value of $448,759.85. Following the sale, the chief executive officer now directly owns 404,056 shares in the company, valued at approximately $14,396,515.28. This represents a 3.02 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Panos Kozanian sold 7,619 shares of the company's stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $33.40, for a total value of $254,474.60. Following the completion of the sale, the executive vice president now owns 126,359 shares in the company, valued at $4,220,390.60. This trade represents a 5.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,574 shares of company stock worth $1,004,346 over the last three months. Company insiders own 1.80% of the company's stock.

Hedge Funds Weigh In On Five9

Several institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. raised its holdings in shares of Five9 by 10.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,836 shares of the software maker's stock valued at $156,000 after buying an additional 365 shares during the last quarter. Arizona State Retirement System raised its holdings in Five9 by 2.0% during the 4th quarter. Arizona State Retirement System now owns 21,694 shares of the software maker's stock worth $882,000 after purchasing an additional 424 shares during the last quarter. Lindbrook Capital LLC lifted its position in Five9 by 155.7% during the 4th quarter. Lindbrook Capital LLC now owns 854 shares of the software maker's stock valued at $35,000 after purchasing an additional 520 shares during the period. Xponance Inc. lifted its stake in shares of Five9 by 6.1% in the 4th quarter. Xponance Inc. now owns 9,421 shares of the software maker's stock valued at $383,000 after purchasing an additional 539 shares during the period. Finally, Treasurer of the State of North Carolina boosted its position in shares of Five9 by 1.8% in the 4th quarter. Treasurer of the State of North Carolina now owns 32,607 shares of the software maker's stock worth $1,325,000 after purchasing an additional 590 shares during the last quarter. Institutional investors own 96.64% of the company's stock.

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.