In the latest session, Bentley Systems Inc (NASDAQ: BSY) closed at $49.29 down -1.68% from its previous closing price of $50.13. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 1162771 shares were traded.
Ratios:
For a deeper understanding of Bentley Systems Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 214.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.42. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 1.78 whereas as Long-Term Debt/Eq ratio is at 1.75.
On February 26, 2024, Rosenblatt Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $54 to $60.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 07 ’24 when Bentley Keith A. sold 88,925 shares for $49.48 per share. The transaction valued at 4,400,439 led to the insider holds 17,164,179 shares of the business.
Bentley Keith A. sold 200,437 shares of BSY for $9,989,829 on Mar 06 ’24. The Director now owns 17,253,104 shares after completing the transaction at $49.84 per share. On Mar 05 ’24, another insider, Bentley Keith A., who serves as the Director of the company, sold 105,020 shares for $48.77 each. As a result, the insider received 5,122,252 and left with 17,453,541 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, BSY now has a Market Capitalization of 14.91B and an Enterprise Value of 16.41B. As of this moment, Bentley’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.18, and their Forward P/E ratio for the next fiscal year is 43.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 61.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.93 while its Price-to-Book (P/B) ratio in mrq is 16.53. Its current Enterprise Value per Revenue stands at 13.36 whereas that against EBITDA is 55.32.
Stock Price History:
Over the past 52 weeks, BSY has reached a high of $55.37, while it has fallen to a 52-week low of $40.89. The 50-Day Moving Average of the stock is 50.82, while the 200-Day Moving Average is calculated to be 50.77.
Shares Statistics:
For the past three months, BSY has traded an average of 1.06M shares per day and 897.21k over the past ten days. A total of 284.73M shares are outstanding, with a floating share count of 125.36M. Insiders hold about 57.84% of the company’s shares, while institutions hold 40.12% stake in the company. Shares short for BSY as of Mar 15, 2024 were 8.44M with a Short Ratio of 7.99, compared to 8.08M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.84% and a Short% of Float of 6.18%.
Dividends & Splits
According to the company, the forward annual dividend rate for BSY is 0.21, from 0.20 in the trailing year. Against a Trailing Annual Dividend Yield of 0.40%, it implies a Forward Annual Dividend Yield of 0.47%. The current Payout Ratio is 19.93% for BSY, which recently paid a dividend on Mar 28, 2024 with an ex-dividend date of Mar 19, 2024. Stock splits for the company last occurred on Jun 19, 1996 when the company split stock in a 1:10 ratio.
Earnings Estimates
There are 11 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.26 for the current quarter, with a high estimate of $0.29 and a low estimate of $0.23, while EPS last year was $0.25. The consensus estimate for the next quarter is $0.24, with high estimates of $0.25 and low estimates of $0.22.
Analysts are recommending an EPS of between $1.06 and $0.93 for the fiscal current year, implying an average EPS of $1. EPS for the following year is $1.14, with 12 analysts recommending between $1.22 and $1.01.
Revenue Estimates
A total of 11 analysts believe the company’s revenue will be $340.62M this quarter.It ranges from a high estimate of $349.59M to a low estimate of $325.1M. As of the current estimate, Bentley Systems Inc’s year-ago sales were $298.65M, an estimated increase of 14.10% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $331.12M, an increase of 11.60% less than the figure of $14.10% in the same quarter last year. There is a high estimate of $339M for the next quarter, whereas the lowest estimate is $328.2M.
A total of 13 analysts have provided revenue estimates for BSY’s current fiscal year. The highest revenue estimate was $1.38B, while the lowest revenue estimate was $1.35B, resulting in an average revenue estimate of $1.36B. In the same quarter a year ago, actual revenue was $1.23B, up 11.10% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.51B in the next fiscal year. The high estimate is $1.56B and the low estimate is $1.47B. The average revenue growth estimate for next year is up 10.60% from the average revenue estimate for this year.
