DA Davidson Estimates Five9’s Q4 Earnings (NASDAQ:FIVN)

Five9, Inc. (NASDAQ:FIVN) – DA Davidson issued their Q4 2024 earnings per share (EPS) estimates for shares of Five9 in a research note issued on Monday, November 11th. DA Davidson analyst G. Luria expects that the software maker will post earnings per share of $0.13 for the quarter. DA Davidson currently has a “Neutral” rating and a $45.00 target price on the stock. The consensus estimate for Five9’s current full-year earnings is $0.10 per share.

FIVN has been the topic of a number of other research reports. Roth Mkm dropped their price objective on Five9 from $90.00 to $67.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. Truist Financial reiterated a “buy” rating and issued a $65.00 price target on shares of Five9 in a research note on Tuesday, August 27th. Northland Securities dropped their target price on shares of Five9 from $95.00 to $50.00 and set an “outperform” rating on the stock in a report on Friday, August 9th. StockNews.com upgraded Five9 from a “sell” rating to a “hold” rating in a report on Thursday, August 8th. Finally, Barclays dropped their price objective on Five9 from $75.00 to $55.00 and set an “overweight” rating on the stock in a research note on Friday, August 9th. Six analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, Five9 currently has an average rating of “Moderate Buy” and a consensus price target of $59.22.

Five9 Stock Performance

Shares of NASDAQ FIVN opened at $40.35 on Tuesday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.85 and a current ratio of 1.85. The stock has a 50 day moving average price of $29.78 and a 200 day moving average price of $38.81. The stock has a market capitalization of $3.03 billion, a PE ratio of -80.70, a price-to-earnings-growth ratio of 26.52 and a beta of 0.85. Five9 has a 52 week low of $26.60 and a 52 week high of $92.40.

Hedge Funds Weigh In On Five9

Institutional investors have recently modified their holdings of the business. Neo Ivy Capital Management acquired a new stake in Five9 in the second quarter valued at about $2,177,000. Scalar Gauge Management LLC bought a new position in shares of Five9 in the second quarter worth about $6,990,000. King Luther Capital Management Corp acquired a new stake in shares of Five9 in the 2nd quarter valued at approximately $2,062,000. Van Berkom & Associates Inc. grew its holdings in shares of Five9 by 52.3% during the 2nd quarter. Van Berkom & Associates Inc. now owns 1,299,483 shares of the software maker’s stock valued at $57,307,000 after purchasing an additional 446,151 shares during the last quarter. Finally, Lecap Asset Management Ltd. acquired a new position in Five9 during the 3rd quarter worth approximately $1,714,000. Institutional investors and hedge funds own 96.64% of the company’s stock.

Insider Transactions at Five9

In other Five9 news, CFO Barry Zwarenstein sold 4,408 shares of Five9 stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $26.97, for a total value of $118,883.76. Following the completion of the transaction, the chief financial officer now directly owns 101,732 shares of the company’s stock, valued at $2,743,712.04. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Five9 news, CRO Daniel P. Burkland sold 2,605 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $33.41, for a total transaction of $87,033.05. Following the completion of the transaction, the executive now directly owns 132,554 shares in the company, valued at $4,428,629.14. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Barry Zwarenstein sold 4,408 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $26.97, for a total value of $118,883.76. Following the sale, the chief financial officer now owns 101,732 shares of the company’s stock, valued at $2,743,712.04. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 36,493 shares of company stock valued at $1,097,753. 1.80% of the stock is currently owned by company insiders.

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.