In the last trading session, 1.1 million Five9 Inc (NASDAQ:FIVN) shares changed hands as the company’s beta touched 1.25. With the company’s per share price at $29.88 changed hands at -$0.35 or -1.16% during last session, the market valuation stood at $2.27B. FIVN’s last price was a discount, traded about -113.49% off its 52-week high of $63.79. The share price had its 52-week low at $26.60, which suggests the last value was 10.98% up since then. When we look at Five9 Inc’s average trading volume, we note the 10-day average is 1.69 million shares, with the 3-month average coming to 1.55 million.
Analysts gave the Five9 Inc (FIVN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.54. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended FIVN as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight. Five9 Inc’s EPS for the current quarter is expected to be 0.49.
Five9 Inc (NASDAQ:FIVN) trade information
Instantly FIVN was in red as seen at the end of in last trading. With action 0.74%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -26.48%, with the 5-day performance at 0.74% in the green. However, in the 30-day time frame, Five9 Inc (NASDAQ:FIVN) is -25.52% down. Looking at the short shares, we see there were 6.85 million shares sold at short interest cover period of 3.45 days.
The consensus price target for the stock as assigned by Wall Street analysts is 45.5, meaning bulls need an upside of 34.33% from its current market value. According to analyst projections, FIVN’s forecast low is 45 with 46 as the target high. To hit the forecast high, the stock’s price needs a -53.95% plunge from its current level, while the stock would need to soar -50.6% for it to hit the projected low.
Five9 Inc (FIVN) estimates and forecasts
Year-over-year growth is forecast to reach 9.82% up from the last financial year.
Consensus estimates given by 20 financial analysts project the company’s revenue in the current quarter to hit an average of 272.25M. 20 analysts are of the opinion that Five9 Inc’s revenue for the current quarter will be 276.39M. The company’s revenue for the corresponding quarters a year ago was 247.01M and 252.09M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 10.22%. The estimates for the next quarter sales put growth at 9.64%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -17.89%. The 2025 estimates are for Five9 Inc earnings to increase by 5.52%, but the outlook for the next 5-year period is at 12.74% per year.
FIVN Dividends
Five9 Inc is expected to release its next quarterly earnings report on 2025-Feb-19.
Five9 Inc (NASDAQ:FIVN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.87% of Five9 Inc shares while 112.74% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 113.73%. There are 112.74% institutions holding the Five9 Inc stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 14.8323% of the shares, roughly 10.9 million FIVN shares worth $480.69 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 10.6551% or 7.83 million shares worth $345.31 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Fidelity Select Portfolios – Software & IT Services Portfolio and Vanguard Total Stock Market Index Fund . With 3.48 shares estimated at $104.04 million under it, the former controlled 4.59% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 3.04% of the shares, roughly 2.3 shares worth around $68.83 million.
