Bentley Systems Inc [BSY] stock is trading at $46.99, up 0.62%. An important factor to consider is whether the stock is rising or falling in short-term value. The BSY shares have gain 3.09% over the last week, with a monthly amount drifted -0.17%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bentley Systems Inc [NASDAQ: BSY] stock has seen the most recent analyst activity on December 09, 2024, when JP Morgan initiated its Neutral rating and assigned the stock a price target of $52. On February 26, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $60 on the stock. Wolfe Research downgraded its rating to a Peer Perform. Piper Sandler initiated its recommendation with a Overweight and recommended $60 as its price target on June 14, 2023. Goldman downgraded its rating to Neutral for this stock on May 11, 2023, and upped its price target to $47. In a note dated May 10, 2023, Griffin Securities upgraded an Buy rating on this stock but restated the target price of $58.
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 $51 within the next 12 months. Bentley Systems Inc [NASDAQ: BSY] shares were valued at $46.99 at the most recent close of the market. An investor can expect a potential return of 8.53% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.41.
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 46.50 points at the first support level, and at 46.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.35, and for the 2nd resistance point, it is at 47.70.
Ratios To Look Out For
For context, Bentley Systems Inc’s Current Ratio is 0.52. On the other hand, the Quick Ratio is 0.52, and the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 10.81, the price to book ratio is 13.74 and price to earnings (TTM) ratio is 42.24.
Transactions by insiders
Recent insider trading involved Bentley Keith A., Director, that happened on Jan 24 ’25 when 1152.0 shares were sold. Director, Bentley Keith A. completed a deal on Jan 02 ’25 to sell 69573.0 shares. Meanwhile, Director Bentley Keith A. bought 70725.0 shares on Jan 02 ’25.
