Five9 Inc [FIVN] stock Downgrade by Robert W. Baird analyst, price target now $40

Five9 Inc [NASDAQ: FIVN] slipped around -0.24 points on Thursday, while shares priced at $29.58 at the close of the session, down -0.80%.

Compared to the average trading volume of 1.64M shares, FIVN reached a trading volume of 2935065 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about Five9 Inc [FIVN]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FIVN shares is $52.62 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FIVN stock is a recommendation set at 1.46. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Robert W. Baird have made an estimate for Five9 Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 09, 2024. The new note on the price target was released on August 05, 2024, representing the official price target for Five9 Inc stock. Previously, the target price had yet another raise to $80, while RBC Capital Mkts analysts kept a Outperform rating on FIVN stock. On September 21, 2023, analysts increased their price target for FIVN shares from 75 to 80.

The Average True Range (ATR) for Five9 Inc is set at 1.69, with the Price to Sales ratio for FIVN stock in the period of the last 12 months amounting to 2.28. The Price to Book ratio for the last quarter was 4.20, with the Price to Cash per share for the same quarter was set at 14.80. Price to Free Cash Flow for FIVN in the course of the last twelve months was 23.90 with Quick ratio for the last quarter at 2.04.

How has FIVN stock performed recently?

Five9 Inc [FIVN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.82. With this latest performance, FIVN shares dropped by -26.36% in over the last four-week period, additionally sinking by -48.00% over the last 6 months – not to mention a drop of -58.08% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FIVN stock in for the last two-week period is set at 29.49, with the RSI for the last a single of trading hit 24.70, and the three-weeks RSI is set at 32.21 for Five9 Inc [FIVN]. The present Moving Average for the last 50 days of trading for this stock 39.20, while it was recorded at 31.13 for the last single week of trading, and 58.10 for the last 200 days.

Five9 Inc [FIVN]: Deeper insight into the fundamentals

Five9 Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.04 and a Current Ratio set at 2.04.

Earnings analysis for Five9 Inc [FIVN]

With the latest financial reports released by the company, Five9 Inc posted 0.52/share EPS, while the average EPS was predicted by analysts to be reported at 0.43/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.09. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FIVN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Five9 Inc go to 15.17%.

Insider trade positions for Five9 Inc [FIVN]

There are presently around $111.53%, or 112.67%% of FIVN stock, in the hands of institutional investors. The top three institutional holders of FIVN stocks are: FMR LLC with ownership of 10.9 million shares, which is approximately 14.8323%. VANGUARD GROUP INC, holding 7.83 million shares of the stock with an approximate value of $$345.31 million in FIVN stocks shares; and VANGUARD GROUP INC, currently with $$235.15 million in FIVN stock with ownership which is approximately 7.2567%.

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