Five9 (FIVN) Scheduled to Post Quarterly Earnings on Wednesday

Five9 (NASDAQ:FIVN) is scheduled to release its earnings data after the market closes on Wednesday, May 1st. Analysts expect Five9 to post earnings of ($0.02) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Five9 (NASDAQ:FIVN) last released its earnings results on Tuesday, February 19th. The software maker reported $0.11 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.10. The firm had revenue of $72.34 million during the quarter, compared to analyst estimates of $66.53 million. Five9 had a positive return on equity of 7.20% and a negative net margin of 0.09%. On average, analysts expect Five9 to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NASDAQ:FIVN opened at $52.55 on Monday. The firm has a market capitalization of $3.13 billion, a P/E ratio of 350.33 and a beta of 0.62. Five9 has a 12-month low of $27.60 and a 12-month high of $57.90. The company has a quick ratio of 6.96, a current ratio of 6.96 and a debt-to-equity ratio of 1.41.

In other Five9 news, President Daniel P. Burkland sold 15,000 shares of the firm’s stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $51.93, for a total value of $778,950.00. Following the sale, the president now directly owns 159,869 shares in the company, valued at $8,301,997.17. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Scott Welch sold 1,411 shares of Five9 stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $54.41, for a total value of $76,772.51. Following the sale, the executive vice president now owns 64,210 shares in the company, valued at approximately $3,493,666.10. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 303,289 shares of company stock worth $16,187,295. 5.10% of the stock is owned by insiders.

A number of research firms recently issued reports on FIVN. Canaccord Genuity lifted their target price on Five9 from $45.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, February 20th. They noted that the move was a valuation call. SunTrust Banks lifted their target price on Five9 to $60.00 and gave the company a “buy” rating in a report on Wednesday, February 20th. KeyCorp reiterated a “hold” rating on shares of Five9 in a report on Tuesday, February 19th. BidaskClub lowered Five9 from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 6th. Finally, Zacks Investment Research upgraded Five9 from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a research note on Tuesday, March 19th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $52.38.

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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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Earnings History for Five9 (NASDAQ:FIVN)

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