Equities analysts expect Five9, Inc. (NASDAQ:FIVN) to post earnings per share (EPS) of $0.03 for the current quarter, Zacks reports. Five analysts have made estimates for Five9’s earnings. The lowest EPS estimate is $0.01 and the highest is $0.04. The firm is scheduled to announce its next earnings report on Thursday, February 15th.

On average, analysts expect that Five9 will report full-year earnings of $0.04 per share for the current year, with EPS estimates ranging from $0.00 to $0.08. For the next fiscal year, analysts forecast that the company will report earnings of $0.11 per share, with EPS estimates ranging from $0.05 to $0.15. Zacks’ earnings per share averages are an average based on a survey of research analysts that follow Five9.

Five9 (NASDAQ:FIVN) last released its quarterly earnings data on Wednesday, November 8th. The software maker reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.05. Five9 had a negative return on equity of 34.14% and a negative net margin of 4.19%. The company had revenue of $50.08 million during the quarter, compared to analysts’ expectations of $48.20 million. Five9’s revenue was up 22.2% on a year-over-year basis.

A number of equities analysts have recently weighed in on the company. Needham & Company LLC reiterated a “buy” rating and set a $30.00 target price on shares of Five9 in a research note on Friday. ValuEngine upgraded Five9 from a “hold” rating to a “buy” rating in a research note on Friday. Morgan Stanley increased their target price on Five9 from $21.00 to $23.00 and gave the stock an “equal weight” rating in a research note on Thursday. Canaccord Genuity reiterated a “buy” rating and set a $28.00 target price on shares of Five9 in a research note on Thursday. Finally, KeyCorp reiterated an “overweight” rating and set a $29.00 target price (up previously from $27.00) on shares of Five9 in a research note on Wednesday. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. Five9 has an average rating of “Buy” and a consensus price target of $24.25.

Five9 (NASDAQ:FIVN) opened at $25.32 on Friday. The company has a current ratio of 2.17, a quick ratio of 2.12 and a debt-to-equity ratio of 1.04. Five9 has a 52 week low of $12.58 and a 52 week high of $27.81.

In other Five9 news, EVP Daniel P. Burkland sold 10,000 shares of the firm’s stock in a transaction on Monday, August 21st. The stock was sold at an average price of $20.41, for a total transaction of $204,100.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Barry Zwarenstein sold 11,000 shares of the firm’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $24.89, for a total value of $273,790.00. Following the transaction, the chief financial officer now owns 123,698 shares in the company, valued at approximately $3,078,843.22. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 74,719 shares of company stock worth $1,658,903. Corporate insiders own 9.10% of the company’s stock.

A number of institutional investors have recently bought and sold shares of FIVN. BNP Paribas Arbitrage SA increased its stake in Five9 by 4,389.5% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,567 shares of the software maker’s stock worth $120,000 after acquiring an additional 5,443 shares during the period. Tudor Investment Corp ET AL bought a new position in Five9 during the 2nd quarter worth $202,000. Principal Financial Group Inc. bought a new position in Five9 during the 2nd quarter worth $219,000. KCG Holdings Inc. bought a new position in Five9 during the 1st quarter worth $236,000. Finally, D.A. Davidson & CO. increased its stake in Five9 by 20.8% during the 2nd quarter. D.A. Davidson & CO. now owns 11,476 shares of the software maker’s stock worth $246,000 after acquiring an additional 1,976 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Five9, Inc. (FIVN) Expected to Announce Earnings of $0.03 Per Share” was published by Daily Political and is the property of of Daily Political. If you are reading this piece on another domain, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The legal version of this piece can be read at https://www.dailypolitical.com/2017/11/12/five9-inc-fivn-expected-to-announce-earnings-of-0-03-per-share.html.

About Five9

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).

Get a free copy of the Zacks research report on Five9 (FIVN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Five9 Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five9 Inc. and related companies with MarketBeat.com's FREE daily email newsletter.