Five9, Inc. (NASDAQ:FIVN – Get Free Report) has been given an average rating of “Moderate Buy” by the nineteen analysts that are covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $57.50.
A number of research analysts recently weighed in on the stock. Morgan Stanley lifted their price objective on Five9 from $40.00 to $46.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 18th. DA Davidson lifted their price target on Five9 from $40.00 to $45.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Cantor Fitzgerald started coverage on Five9 in a research note on Friday. They issued an “overweight” rating and a $46.00 price objective for the company. Rosenblatt Securities raised their price objective on Five9 from $45.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 8th. Finally, Wells Fargo & Company lowered shares of Five9 from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $55.00 to $40.00 in a report on Tuesday, November 12th.
Get Our Latest Stock Analysis on Five9
Insiders Place Their Bets
Institutional Investors Weigh In On Five9
Several institutional investors and hedge funds have recently modified their holdings of FIVN. Signaturefd LLC boosted its holdings in Five9 by 1,892.3% during the 3rd quarter. Signaturefd LLC now owns 1,036 shares of the software maker’s stock valued at $30,000 after acquiring an additional 984 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Five9 during the second quarter worth about $57,000. Quest Partners LLC acquired a new position in shares of Five9 in the third quarter valued at approximately $95,000. FNY Investment Advisers LLC increased its stake in Five9 by 324.8% during the 4th quarter. FNY Investment Advisers LLC now owns 3,250 shares of the software maker’s stock worth $132,000 after buying an additional 2,485 shares during the period. Finally, nVerses Capital LLC acquired a new stake in Five9 during the 3rd quarter worth approximately $141,000. Hedge funds and other institutional investors own 96.64% of the company’s stock.
Five9 Stock Performance
FIVN opened at $37.39 on Tuesday. The firm’s fifty day simple moving average is $40.48 and its two-hundred day simple moving average is $36.33. Five9 has a 52-week low of $26.60 and a 52-week high of $81.24. The company has a market cap of $2.81 billion, a price-to-earnings ratio of -74.78, a PEG ratio of 8.57 and a beta of 0.92. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 1.32.
About Five9
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.
See Also
- Five stocks we like better than Five9
- Why is the Ex-Dividend Date Significant to Investors?
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- There Are Different Types of Stock To Invest In
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- Stock Splits, Do They Really Impact Investors?
- MarketBeat Week in Review – 01/13 – 01/17
Receive News & Ratings for Five9 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five9 and related companies with MarketBeat.com's FREE daily email newsletter.