Cantor Fitzgerald Has Positive View of Five9 FY2025 Earnings

Five9, Inc. (NASDAQ:FIVN) – Stock analysts at Cantor Fitzgerald upped their FY2025 earnings per share (EPS) estimates for Five9 in a research note issued to investors 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 previous estimate of $0.31. Cantor Fitzgerald currently has a “Overweight” rating and a $57.00 target price on the stock. The consensus estimate for Five9’s current full-year earnings is $0.28 per share.

Five9 (NASDAQ:FIVN) last issued its quarterly earnings results 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 company had revenue of $278.66 million for the quarter, compared to analysts’ expectations of $267.70 million. Five9 had a positive return on equity of 3.62% and a negative net margin of 1.23%.

FIVN has been the topic of a number of other reports. Morgan Stanley increased their price objective on shares of Five9 from $40.00 to $46.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 18th. Piper Sandler boosted their target price on shares of Five9 from $46.00 to $53.00 and gave the stock an “overweight” rating in a research note on Friday. Needham & Company LLC restated a “buy” rating and issued a $52.00 price target on shares of Five9 in a research note on Friday. Robert W. Baird upped their price objective on Five9 from $40.00 to $43.00 and gave the stock a “neutral” rating in a research report on Monday, November 11th. Finally, Rosenblatt Securities increased their price objective on Five9 from $50.00 to $58.00 and gave the company a “buy” rating in a report on Friday. Six investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat, Five9 presently has a consensus rating of “Moderate Buy” and a consensus price target of $57.65.

Five9 Stock Down 0.8 %

FIVN stock opened at $41.77 on Monday. The company’s 50 day moving average price is $40.55 and its 200 day moving average price is $35.84. The firm has a market capitalization of $3.14 billion, a price-to-earnings ratio of -208.84, 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.

Institutional Trading of Five9

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Signaturefd LLC boosted its holdings 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 worth $30,000 after purchasing an additional 984 shares during the last quarter. Horrell Capital Management Inc. acquired a new stake in Five9 in the 3rd quarter worth about $3,304,000. Janney Montgomery Scott LLC purchased a new stake in Five9 in the 3rd quarter valued at about $811,000. Harvey Capital Management Inc. acquired a new stake in shares of Five9 in the third quarter worth approximately $1,717,000. Finally, State of New Jersey Common Pension Fund D grew its holdings in Five9 by 51.5% in the third quarter. State of New Jersey Common Pension Fund D now owns 58,965 shares of the software maker’s stock valued at $1,694,000 after purchasing an additional 20,040 shares during the period. 96.64% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, COO Andy Dignan sold 4,109 shares of Five9 stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $41.85, for a total transaction of $171,961.65. Following the completion of the sale, the chief operating officer now directly owns 115,818 shares in the company, valued at $4,846,983.30. The trade was a 3.43 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Leena Mansharamani sold 1,346 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $41.33, for a total transaction of $55,630.18. Following the transaction, the chief accounting officer now directly owns 35,526 shares in the company, valued at $1,468,289.58. The trade was a 3.65 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 29,004 shares of company stock worth $1,209,279 in the last ninety days. Insiders own 1.80% of the company’s stock.

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.