Five9 (FIVN) Set to Announce Quarterly Earnings on Tuesday

Five9 (NASDAQ:FIVN) is set to issue its quarterly earnings data after the market closes on Tuesday, February 19th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Five9 stock opened at $52.19 on Tuesday. The company has a quick ratio of 6.95, a current ratio of 6.95 and a debt-to-equity ratio of 1.56. The firm has a market capitalization of $3.11 billion, a PE ratio of -307.00, a price-to-earnings-growth ratio of 120.27 and a beta of 0.64. Five9 has a 1-year low of $24.49 and a 1-year high of $53.66.

FIVN has been the subject of a number of recent analyst reports. Dougherty & Co initiated coverage on Five9 in a research report on Tuesday, October 16th. They issued a “hold” rating for the company. Bank of America lifted their price target on Five9 from $25.00 to $28.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 7th. Roth Capital lifted their price target on Five9 from $45.00 to $55.00 and gave the stock a “buy” rating in a research report on Wednesday, November 7th. BidaskClub raised Five9 from a “hold” rating to a “buy” rating in a research report on Wednesday, November 28th. Finally, JPMorgan Chase & Co. cut Five9 from an “overweight” rating to a “neutral” rating in a research report on Thursday, December 13th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $43.54.

In other Five9 news, CFO Barry Zwarenstein sold 12,913 shares of Five9 stock in a transaction dated Tuesday, December 4th. The stock was sold at an average price of $42.35, for a total transaction of $546,865.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Scott Welch sold 1,412 shares of Five9 stock in a transaction dated Friday, January 18th. The stock was sold at an average price of $47.65, for a total value of $67,281.80. Following the sale, the executive vice president now directly owns 64,211 shares of the company’s stock, valued at approximately $3,059,654.15. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 113,792 shares of company stock valued at $4,834,014. 5.10% of the stock is currently owned by insiders.

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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. It 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.

Further Reading: Technical Analysis of Stocks and What It Means

Earnings History for Five9 (NASDAQ:FIVN)

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