Five9 (NASDAQ:FIVN – Get Free Report) released its quarterly earnings results on Thursday. The software maker reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.44), Zacks reports. The firm had revenue of $278.66 million for the quarter, compared to analyst estimates of $267.70 million. Five9 had a negative return on equity of 1.53% and a negative net margin of 3.66%. 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 %
NASDAQ FIVN opened at $42.09 on Friday. The business’s 50-day moving average price is $40.57 and its two-hundred day moving average price is $35.89. Five9 has a 12 month low of $26.60 and a 12 month high of $65.71. The firm has a market capitalization of $3.17 billion, a PE ratio of -84.18, a price-to-earnings-growth ratio of 9.44 and a beta of 0.93. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 1.32.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on FIVN shares. Barclays lifted their price objective on Five9 from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Friday. Robert W. Baird lifted their price objective on Five9 from $40.00 to $43.00 and gave the company a “neutral” rating in a report on Monday, November 11th. Piper Sandler lifted their price objective on Five9 from $46.00 to $53.00 and gave the company an “overweight” rating in a report on Friday. DA Davidson lifted their price objective on Five9 from $40.00 to $45.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $52.00 price objective on shares of Five9 in a report on Friday. Six investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Five9 has a consensus rating of “Moderate Buy” and an average price target of $59.22.
Insider Buying and Selling at Five9
In related news, EVP Panos Kozanian sold 7,619 shares of the company’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $42.09, for a total transaction of $320,683.71. Following the sale, the executive vice president now owns 69,009 shares in the company, valued at $2,904,588.81. This represents a 9.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Andy Dignan sold 4,109 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $41.85, for a total value of $171,961.65. Following the sale, the chief operating officer now owns 115,818 shares in the company, valued at approximately $4,846,983.30. The trade was a 3.43 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 29,004 shares of company stock worth $1,209,279. Insiders own 1.80% 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.
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