As of Wednesday close, Five9 Inc.’s (NASDAQ:FIVN) stock was down -$2.16, moving down -2.98 percent to $70.32. The average number of shares traded per day over the past five days has been 826,140 shares. 4 times new highs have been achieved over the past 5 days, with a -$0.94 fall in that time frame. In the last twenty days, the average volume was 1,158,795, while in the previous 50 days, it was 1,053,954.
Since last month, FIVN stock retreated -19.80%. Shares of the company fell to $67.39 on 08/09/23, the lowest level in the past month. A 52-week high of $102.66 was reached on 07/19/23 after having rallying from a 52-week low of $46.61. Since the beginning of this year, FIVN’s stock price has risen by 3.63% or $2.46, and marked a new high 14 times. However, the stock has declined by -31.50% since its 52-week high.
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FIVN stock investors should be aware that Five9 Inc. (FIVN) stock had its last reported insider trading activity 16 days ago on Aug 15. ZWARENSTEIN BARRY, the Chief Financial Officer of the company, disposed of 10,000 shares for $70.15 on Aug 15. It resulted in a $701,541 divestment by the insider. Burkland Daniel P. sold 8,000 shares at an average price of $86.38 on Aug 01. The insider now owns 109,875 shares following the transaction. On Jul 13, Chief Financial Officer ZWARENSTEIN BARRY sold 12,500 shares at $87.70 apiece. The transaction was valued at $1,096,249.
Valuation Metrics
The stock’s beta is 0.76. Besides these, the trailing price-to-sales (P/S) ratio of 5.90, the price-to-book (PB) ratio of 10.97, and the price-to-cash flow ratio of 59.44 may also be considered.
Financial Health
In the three months ended June 29, Five9 Inc.’s quick ratio stood at 5.30, while its current ratio was 5.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.62, and the total debt-to-equity ratio was 1.62. On the profitability front, the trailing twelve-month gross margin is 52.90% percent. In the year ended June 29, EBITDA margin amounted to 3.04%, whereas operating margins totaled -10.50%. Based on annual data, FIVN earned $411.35 million in gross profit and brought in $778.85 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -8.80%. Return on equity (ROE) for the past 12 months was -24.90%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. FIVN’s revenue rose 14.89% to $218.44 million during the quarter, while net income inched up to $222.52 million. While analysts expected Five9 Inc. to report $0.39 quarterly earnings, the actual figure was $0.52 per share, beating the consensus estimate by 33.30%. During the quarter, the company generated $1.15 million in EBITDA. The liabilities of Five9 Inc. were 944.14 million at the end of its most recent quarter ended June 29, and its total debt was $794.29 million. The value of shareholders’ equity is $72.21 million.
Technical Picture
This quick technical analysis looks at Five9 Inc.’s (FIVN) price momentum. With a historical volatility rate of 24.53%, the RSI 9-day stood at 38.90% on 30 August.
With respect to its five-day moving average, the current Five9 Inc. price is down by -1.32% percent or -$0.94. At present, FIVN shares trade -14.48% below its 20-day simple moving average and -3.01% percent below its 100-day simple moving average. However, the stock is currently trading approximately -7.21% below its SMA50 and +14.83% above its SMA200.
Stochastic coefficient K was 58.26% and Stochastic coefficient D was 54.76%, while ATR was 2.62. Given the Stochastic reading of 33.73% for the 14-day period, the RSI (14) reading has been calculated as 39.86%. As of today, the MACD Oscillator reading stands at 0.03, while the 14-day reading stands at 0.14.
Analyst Ratings
DA Davidson launched its rating on Five9 Inc. (NASDAQ: FIVN) to a Neutral in a note to investors on June 08, 2023. Five9 Inc. (FIVN) has been rated Overweight by analysts. According to 0 brokerage firms, FIVN is a sell, and 5 firms recommend it is a Hold. There are 2 analysts who say the stock is underweight. A total of 3 analysts rate Five9 Inc. stock as buy, with 14 recommending it as overweight.
With a median target price of $90.00, the current consensus forecast for the stock is $61.00 – $105.00. Based on these forecasts, analysts predict Five9 Inc. (FIVN) will achieve an average price target of $89.62.
