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 $54.44 in the last session, up 0.04% from day before closing price of $54.42. In other words, the price has increased by $0.04 from its previous closing price. On the day, 1.03 million shares were traded. BSY stock price reached its highest trading level at $54.97 during the session, while it also had its lowest trading level at $53.975.
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 236.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.33. 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 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 16327427072 and an Enterprise Value of 18634762240. As of this moment, Bentley’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.32, and their Forward P/E ratio for the next fiscal year is 47.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 67.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.18 while its Price-to-Book (P/B) ratio in mrq is 18.26. Its current Enterprise Value per Revenue stands at 15.17 whereas that against EBITDA is 59.507.
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 7.59%, while the 200-Day Moving Average is calculated to be 7.56%.
Shares Statistics:
According to the various share statistics, BSY traded on average about 1.41M shares per day over the past 3-months and 3351380 shares per day over the past 10 days. A total of 284.73M shares are outstanding, with a floating share count of 123.92M. Insiders hold about 58.32% of the company’s shares, while institutions hold 39.84% stake in the company. Shares short for BSY as of 1711584000 were 8830135 with a Short Ratio of 6.27, compared to 1709164800 on 7436182. Therefore, it implies a Short% of Shares Outstanding of 8830135 and a Short% of Float of 6.47.
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 0.0036751197
