Five9 Inc’s Market Journey: Closing Weak at 59.92, Down -0.60

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The closing price of Five9 Inc (NASDAQ: FIVN) was $59.92 for the day, down -0.60% from the previous closing price of $60.28. In other words, the price has decreased by -$0.60 from its previous closing price. On the day, 0.59 million shares were traded. FIVN stock price reached its highest trading level at $60.2 during the session, while it also had its lowest trading level at $59.16.

Ratios:

Our analysis of FIVN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.02. For the most recent quarter (mrq), Quick Ratio is recorded 5.16 and its Current Ratio is at 5.16. In the meantime, Its Debt-to-Equity ratio is 1.48 whereas as Long-Term Debt/Eq ratio is at 1.45.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, RBC Capital Mkts on March 15, 2024, initiated with a Outperform rating and assigned the stock a target price of $80.

On September 21, 2023, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $75 to $80.

On June 08, 2023, DA Davidson started tracking the stock assigning a Neutral rating and target price of $75.DA Davidson initiated its Neutral rating on June 08, 2023, with a $75 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 06 ’24 when Dignan Andy sold 7,340 shares for $57.28 per share. The transaction valued at 420,417 led to the insider holds 129,559 shares of the business.

Burkland Michael sold 36,702 shares of FIVN for $2,126,205 on Mar 05 ’24. The Chief Executive Officer now owns 278,469 shares after completing the transaction at $57.93 per share. On Mar 05 ’24, another insider, Burkland Daniel P., who serves as the Pres. & Chief Revenue Officer of the company, sold 11,576 shares for $58.30 each. As a result, the insider received 674,930 and left with 134,989 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FIVN now has a Market Capitalization of 4451372544 and an Enterprise Value of 4457311232. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.83 while its Price-to-Book (P/B) ratio in mrq is 8.16. Its current Enterprise Value per Revenue stands at 4.896 whereas that against EBITDA is -108.765.

Stock Price History:

Over the past 52 weeks, FIVN has reached a high of $92.40, while it has fallen to a 52-week low of $51.01. The 50-Day Moving Average of the stock is -3.18%, while the 200-Day Moving Average is calculated to be -14.41%.

Shares Statistics:

FIVN traded an average of 1.43M shares per day over the past three months and 930960 shares per day over the past ten days. A total of 73.32M shares are outstanding, with a floating share count of 71.79M. Insiders hold about 2.09% of the company’s shares, while institutions hold 97.72% stake in the company. Shares short for FIVN as of 1713139200 were 4087957 with a Short Ratio of 2.86, compared to 1710460800 on 2876707. Therefore, it implies a Short% of Shares Outstanding of 4087957 and a Short% of Float of 5.59.

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