Media stories about Five9 (NASDAQ:FIVN) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Five9 earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the software maker an impact score of 45.7709657029845 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Five9 (NASDAQ:FIVN) traded up $0.82 during mid-day trading on Friday, reaching $24.00. 381,043 shares of the company’s stock were exchanged, compared to its average volume of 331,553. The company has a debt-to-equity ratio of 1.04, a current ratio of 2.17 and a quick ratio of 2.17. Five9 has a fifty-two week low of $15.27 and a fifty-two week high of $27.81. The company has a market capitalization of $1,289.99, a PE ratio of -171.42 and a beta of 0.27.
Five9 (NASDAQ:FIVN) last posted its quarterly earnings data on Wednesday, November 8th. The software maker reported $0.04 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.05. Five9 had a negative net margin of 4.19% and a negative return on equity of 34.14%. The business had revenue of $50.08 million for the quarter, compared to analysts’ expectations of $48.20 million. The company’s revenue for the quarter was up 22.2% compared to the same quarter last year. equities research analysts forecast that Five9 will post -0.18 earnings per share for the current fiscal year.
FIVN has been the topic of several research reports. KeyCorp restated a “buy” rating and issued a $27.00 price target on shares of Five9 in a research report on Friday, October 27th. Northland Securities restated a “buy” rating and issued a $25.00 price target on shares of Five9 in a research report on Wednesday, October 4th. Canaccord Genuity boosted their price target on shares of Five9 from $25.00 to $26.00 and gave the stock a “buy” rating in a research report on Wednesday, September 27th. Zacks Investment Research upgraded shares of Five9 from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research report on Monday, November 13th. Finally, Needham & Company LLC restated a “buy” rating and issued a $30.00 price target on shares of Five9 in a research report on Friday, November 10th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $26.50.
In other Five9 news, President Daniel P. Burkland sold 10,000 shares of the business’s stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $24.36, for a total transaction of $243,600.00. Following the transaction, the president now owns 168,291 shares in the company, valued at $4,099,568.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Daniel P. Burkland sold 5,623 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $23.70, for a total transaction of $133,265.10. Following the sale, the president now directly owns 130,813 shares of the company’s stock, valued at $3,100,268.10. The disclosure for this sale can be found here. Insiders have sold 846,877 shares of company stock worth $20,492,200 in the last quarter. Company insiders own 9.10% of the company’s stock.
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Five9 Company Profile
Five9 Inc (Five9) is a provider of cloud software for contact centers. The Company’s purpose-built Virtual Contact Center (VCC) cloud platform delivers a suite of applications that enable the breadth of contact center-related customer service, sales and marketing functions. The Company’s solution, which consists of its VCC cloud platform and applications, allows simultaneous management and optimization of customer interactions across voice, chat, e-mail, Web, social media and mobile channels, either directly or through its application programming interfaces (APIs).
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