Five9 (NASDAQ:FIVN) is scheduled to announce its earnings results after the market closes on Monday, August 3rd. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
Five9 (NASDAQ:FIVN) last issued its quarterly earnings data on Monday, May 4th. The software maker reported $0.17 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.02. The business had revenue of $95.10 million for the quarter, compared to the consensus estimate of $89.58 million. Five9 had a positive return on equity of 3.21% and a negative net margin of 2.89%. The firm’s revenue was up 27.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.16 EPS. On average, analysts expect Five9 to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Five9 stock opened at $120.82 on Friday. The company has a market capitalization of $7.49 billion, a PE ratio of -710.66 and a beta of 0.74. Five9 has a 12 month low of $48.64 and a 12 month high of $122.19. The company has a current ratio of 5.54, a quick ratio of 5.54 and a debt-to-equity ratio of 1.06. The stock’s fifty day simple moving average is $110.58 and its 200 day simple moving average is $89.49.
In related news, EVP Scott Welch sold 8,993 shares of Five9 stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $97.48, for a total value of $876,637.64. Following the sale, the executive vice president now owns 60,127 shares of the company’s stock, valued at $5,861,179.96. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Barry Zwarenstein sold 12,500 shares of Five9 stock in a transaction dated Thursday, July 16th. The shares were sold at an average price of $110.42, for a total value of $1,380,250.00. Following the completion of the sale, the chief financial officer now directly owns 124,212 shares in the company, valued at approximately $13,715,489.04. The disclosure for this sale can be found here. In the last ninety days, insiders sold 126,783 shares of company stock worth $12,910,352. 3.00% of the stock is owned by company insiders.
Several brokerages recently commented on FIVN. SunTrust Banks raised their price objective on Five9 from $95.00 to $102.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Needham & Company LLC raised their price objective on Five9 from $115.00 to $130.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Zacks Investment Research downgraded Five9 from a “buy” rating to a “hold” rating in a research note on Friday, May 8th. Craig Hallum raised their price objective on Five9 from $90.00 to $108.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Finally, Northland Securities began coverage on Five9 in a research note on Friday, June 12th. They issued a “buy” rating and a $110.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $101.60.
Five9 Company Profile
Five9, Inc, together with its subsidiaries, provides cloud software for contact centers in the United States and internationally. The company offers 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; and acts as a hub for omnichannel engagement between the clients and their customers, which enables them to manage the end-to-end customer experience in a single unified architecture.
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