Cantor Fitzgerald Expects Increased Earnings for Five9

Five9, Inc. (NASDAQ:FIVNFree Report) – Equities research analysts at Cantor Fitzgerald upped their FY2025 earnings per share estimates for Five9 in a report released on Friday, February 21st. Cantor Fitzgerald analyst T. Blakey now anticipates that the software maker will post earnings per share of $0.33 for the year, up from their prior estimate of $0.31. Cantor Fitzgerald currently has a “Overweight” rating and a $57.00 price target on the stock. The consensus estimate for Five9’s current full-year earnings is $0.28 per share.

Five9 (NASDAQ:FIVNGet Free Report) last announced its quarterly earnings data on Thursday, February 20th. The software maker reported $0.26 earnings per share 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 the consensus estimate of $267.70 million. Five9 had a positive return on equity of 3.62% and a negative net margin of 1.23%.

Several other research analysts also recently issued reports on the company. Piper Sandler upped their price objective on Five9 from $46.00 to $53.00 and gave the company an “overweight” rating in a research note on Friday, February 21st. Wells Fargo & Company downgraded shares of Five9 from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $55.00 to $40.00 in a research report on Tuesday, November 12th. Needham & Company LLC reissued a “buy” rating and issued a $52.00 price objective on shares of Five9 in a research note on Friday, February 21st. William Blair reiterated an “outperform” rating on shares of Five9 in a research note on Friday, February 21st. Finally, Robert W. Baird lifted their price target on Five9 from $40.00 to $43.00 and gave the stock a “neutral” rating in a report on Monday, November 11th. Six analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $57.65.

Check Out Our Latest Stock Analysis on Five9

Five9 Stock Performance

NASDAQ FIVN opened at $38.73 on Monday. The stock has a market cap of $2.91 billion, a PE ratio of -193.64, a PEG ratio of 9.41 and a beta of 0.93. Five9 has a fifty-two week low of $26.60 and a fifty-two week high of $64.60. 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 firm’s fifty day moving average price is $40.55 and its two-hundred day moving average price is $35.84.

Insider Activity at Five9

In other Five9 news, CAO Leena Mansharamani sold 1,346 shares of Five9 stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $41.33, for a total transaction of $55,630.18. Following the completion of the sale, the chief accounting officer now owns 35,526 shares of the company’s stock, valued at $1,468,289.58. The trade was a 3.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Michael Burkland sold 12,594 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer now owns 240,894 shares of the company’s stock, valued at $9,973,011.60. The trade was a 4.97 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 29,004 shares of company stock valued at $1,209,279. Corporate insiders own 1.80% of the company’s stock.

Institutional Trading of Five9

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Lindbrook Capital LLC boosted its holdings in Five9 by 155.7% in the fourth quarter. Lindbrook Capital LLC now owns 854 shares of the software maker’s stock valued at $35,000 after acquiring an additional 520 shares in the last quarter. Banque Transatlantique SA bought a new position in Five9 in the 4th quarter valued at approximately $36,000. Signaturefd LLC boosted its position in shares of Five9 by 1,892.3% during the third quarter. Signaturefd LLC now owns 1,036 shares of the software maker’s stock valued at $30,000 after buying an additional 984 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in Five9 in the 4th quarter worth approximately $47,000. Finally, Steward Partners Investment Advisory LLC increased its position in shares of Five9 by 7,305.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,333 shares of the software maker’s stock valued at $54,000 after purchasing an additional 1,315 shares during the last quarter. Institutional investors own 96.64% of the company’s stock.

Five9 Company Profile

(Get Free Report)

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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