Market Watch: Bentley Systems Inc (BSY)’s Noteworthy Drop, Closing at 49.69

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As of close of business last night, Bentley Systems Inc’s stock clocked out at $49.69, down -1.09% from its previous closing price of $50.24. In other words, the price has decreased by -$1.09 from its previous closing price. On the day, 1.93 million shares were traded. BSY stock price reached its highest trading level at $50.63 during the session, while it also had its lowest trading level at $49.12.

Ratios:

To gain a deeper understanding of BSY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 105.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.57. In the meantime, Its Debt-to-Equity ratio is 1.58 whereas as Long-Term Debt/Eq ratio is at 1.56.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 10 ’24 when Bentley Keith A. sold 104,610 shares for $55.36 per share. The transaction valued at 5,790,739 led to the insider holds 16,867,773 shares of the business.

Bentley Keith A. sold 59,420 shares of BSY for $3,268,831 on May 09 ’24. The Director now owns 16,972,383 shares after completing the transaction at $55.01 per share. On May 07 ’24, another insider, Bentley Keith A., who serves as the Director of the company, sold 118,949 shares for $55.01 each. As a result, the insider received 6,543,063 and left with 17,031,803 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 14906999808 and an Enterprise Value of 17078709248. As of this moment, Bentley’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.20, and their Forward P/E ratio for the next fiscal year is 41.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.91 while its Price-to-Book (P/B) ratio in mrq is 15.89. Its current Enterprise Value per Revenue stands at 13.644 whereas that against EBITDA is 51.565.

Stock Price History:

Over the past 52 weeks, BSY has reached a high of $57.19, while it has fallen to a 52-week low of $44.76. The 50-Day Moving Average of the stock is -5.21%, while the 200-Day Moving Average is calculated to be -2.30%.

Shares Statistics:

It appears that BSY traded 1.58M shares on average per day over the past three months and 2031170 shares per day over the past ten days. A total of 284.73M shares are outstanding, with a floating share count of 129.74M. Insiders hold about 56.46% of the company’s shares, while institutions hold 40.30% stake in the company. Shares short for BSY as of 1715731200 were 8887539 with a Short Ratio of 5.63, compared to 1713139200 on 9461000. Therefore, it implies a Short% of Shares Outstanding of 8887539 and a Short% of Float of 7.1.

Dividends & Splits

With its trailing 12-month dividend rate of 0.21, BSY has a forward annual dividend rate of 0.21. Against a Trailing Annual Dividend Yield of 0.004179936

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