Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Bentley Systems Inc (NASDAQ: BSY) closed at $51.47 in the last session, down -2.02% from day before closing price of $52.53. In other words, the price has decreased by -$2.02 from its previous closing price. On the day, 1.06 million shares were traded. BSY stock price reached its highest trading level at $52.55 during the session, while it also had its lowest trading level at $51.38.
Ratios:
We take a closer look at BSY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 223.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.07. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 23 ’24 when Bentley Keith A. sold 17,021 shares for $55.00 per share. The transaction valued at 936,155 led to the insider holds 17,150,752 shares of the business.
Bentley Keith A. sold 88,925 shares of BSY for $4,400,439 on Mar 07 ’24. The Director now owns 17,164,179 shares after completing the transaction at $49.48 per share. On Mar 06 ’24, another insider, Bentley Keith A., who serves as the Director of the company, sold 200,437 shares for $49.84 each. As a result, the insider received 9,989,829 and left with 17,253,104 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 15436677120 and an Enterprise Value of 17700128768. As of this moment, Bentley’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.36, and their Forward P/E ratio for the next fiscal year is 45.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 64.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.46 while its Price-to-Book (P/B) ratio in mrq is 17.26. Its current Enterprise Value per Revenue stands at 14.409 whereas that against EBITDA is 56.523.
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 $41.44. The 50-Day Moving Average of the stock is 1.29%, while the 200-Day Moving Average is calculated to be 1.67%.
Shares Statistics:
According to the various share statistics, BSY traded on average about 1.43M shares per day over the past 3-months and 2720160 shares per day over the past 10 days. A total of 284.73M shares are outstanding, with a floating share count of 123.94M. Insiders hold about 58.31% of the company’s shares, while institutions hold 39.58% stake in the company. Shares short for BSY as of 1713139200 were 9461000 with a Short Ratio of 6.62, compared to 1710460800 on 8441528. Therefore, it implies a Short% of Shares Outstanding of 9461000 and a Short% of Float of 7.5600000000000005.
Dividends & Splits
The forward annual dividend rate for BSY is 0.21, which was 0.2 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0038073484
Earnings Estimates
The company has 12.0 analysts who recommend its stock at the moment. 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 $1.0. EPS for the following year is $1.15, with 13.0 analysts recommending between $1.27 and $1.01.
Revenue Estimates
According to 12 analysts, the current quarter’s revenue is expected to be $340.68M. 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 $298.65MFor the next quarter, 12 analysts are estimating revenue of $331.07M. There is a high estimate of $339M for the next quarter, whereas the lowest estimate is $328.2M.
A total of 14 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 $1.23BBased on 14 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.
