Bentley Systems Inc [BSY] stock is trading at $49.18, down -0.08%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BSY shares have gain 5.33% over the last week, with a monthly amount drifted -0.65%, and not seem to be holding up well over a long-time horizon.
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.
Bentley Systems Inc [BSY] stock has fluctuated between $43.82 and $57.19 over the past year. Currently, Wall Street analysts expect the stock to reach $52.33 within the next 12 months. Bentley Systems Inc [NASDAQ: BSY] shares were valued at $49.18 at the most recent close of the market. An investor can expect a potential return of 6.41% based on the average BSY price forecast.
Analyzing the BSY fundamentals
Bentley Systems Inc [NASDAQ:BSY] reported sales of 1.31B for the trailing twelve months, which represents a growth of 9.32%. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.38 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.37.
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 48.66 points at the first support level, and at 48.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.67, and for the 2nd resistance point, it is at 50.16.
Ratios To Look Out For
For context, Bentley Systems Inc’s Current Ratio is 0.52. In addition, the Quick Ratio stands at 0.52 and the Cash Ratio stands at 0.09. Considering the valuation of this stock, the price to sales ratio is 11.30, the price to book ratio is 14.38 and price to earnings (TTM) ratio is 44.21.
Transactions by insiders
Recent insider trading involved Bentley Barry J., Director, that happened on Nov 11 ’24 when 50000.0 shares were sold. Director, Keith A Bentley 2012 Gift Trus completed a deal on Nov 08 ’24 to buy 0.31 million shares. Meanwhile, Director Keith A Bentley 2007 Gift Trus bought 0.11 million shares on Nov 08 ’24.
