Bentley Systems Inc [BSY] stock prices are up 0.77% to $52.46 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BSY shares have gain 8.91% over the last week, with a monthly amount glided 3.29%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Previously, Rosenblatt upgraded its rating to Buy on February 26, 2024, and elevated its price target to $60. On August 09, 2023, downgrade downgraded it’s rating to Peer Perform. Piper Sandler started tracking the stock assigning a Overweight rating and suggested a price target of $60 on June 14, 2023. Goldman downgraded its rating to a Neutral and raised its price target to $47 on May 11, 2023. Griffin Securities upgraded its rating to Buy for this stock on May 10, 2023, but kept the price target unchanged to $58. In a note dated May 10, 2023, Rosenblatt downgraded an Neutral rating on this stock and boosted its target price from $43 to $47.
The stock price of Bentley Systems Inc [BSY] has been fluctuating between $40.89 and $55.37 over the past year. Currently, Wall Street analysts expect the stock to reach $46 within the next 12 months. Bentley Systems Inc [NASDAQ: BSY] shares were valued at $52.46 at the most recent close of the market. An investor can expect a potential drop of -12.31% based on the average BSY price forecast.
Analyzing the BSY fundamentals
The Bentley Systems Inc [NASDAQ:BSY] reported sales of 1.23B for trailing twelve months, representing a surge of 8.26%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.27%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.46 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.74.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 51.46 points at the first support level, and at 50.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.04, and for the 2nd resistance point, it is at 53.62.
Ratios To Look Out For
It’s worth pointing out that Bentley Systems Inc [NASDAQ:BSY]’s Current Ratio is 0.55. Also, the Quick Ratio is 0.55, while the Cash Ratio stands at 0.09. Considering the valuation of this stock, the price to sales ratio is 12.70, the price to book ratio is 17.60 and price to earnings (TTM) ratio is 52.34.
Transactions by insiders
Recent insider trading involved Bentley Keith A., Director, that happened on Mar 07 ’24 when 88925.0 shares were sold. Director, Bentley Keith A. completed a deal on Mar 06 ’24 to sell 0.2 million shares. Meanwhile, Director Bentley Keith A. sold 0.11 million shares on Mar 05 ’24.
