On Friday, Bentley Systems Inc (NASDAQ: BSY) opened lower -3.54% from the last session, before settling in for the closing price of $49.94. Price fluctuations for BSY have ranged from $40.89 to $55.37 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 12.27%. Company’s average yearly earnings per share was noted 6.04% at the time writing. With a float of $123.92 million, this company’s outstanding shares have now reached $284.73 million.
The extent of productivity of a business whose workforce counts for 5200 workers is very important to gauge.
Bentley Systems Inc (BSY) Insider Updates
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Bentley Systems Inc is 58.32%, while institutional ownership is 39.79%. The most recent insider transaction that took place on Mar 07 ’24, was worth 4,400,439. In this transaction Director of this company sold 88,925 shares at a rate of $49.48, taking the stock ownership to the 17,164,179 shares. Before that another transaction happened on Mar 06 ’24, when Company’s Director sold 200,437 for $49.84, making the entire transaction worth $9,989,829. This insider now owns 17,253,104 shares in total.
Bentley Systems Inc (BSY) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 185.80 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.80% during the next five years compared to 13.02% growth over the previous five years of trading.
Bentley Systems Inc (NASDAQ: BSY) Trading Performance Indicators
Check out the current performance indicators for Bentley Systems Inc (BSY). In the past quarter, the stock posted a quick ratio of 0.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.66. Likewise, its price to free cash flow for the trailing twelve months is 36.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.00, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.14 in one year’s time.
Technical Analysis of Bentley Systems Inc (BSY)
The latest stats from [Bentley Systems Inc, BSY] show that its last 5-days average volume of 1.22 million was superior to 1.07 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 25.77%. Additionally, its Average True Range was 1.28.
During the past 100 days, Bentley Systems Inc’s (BSY) raw stochastic average was set at 23.19%, which indicates a significant increase from 7.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.66% in the past 14 days, which was lower than the 29.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.65, while its 200-day Moving Average is $50.67. Now, the first resistance to watch is $49.26. This is followed by the second major resistance level at $50.35. The third major resistance level sits at $51.08. If the price goes on to break the first support level at $47.44, it is likely to go to the next support level at $46.71. Assuming the price breaks the second support level, the third support level stands at $45.62.
Bentley Systems Inc (NASDAQ: BSY) Key Stats
There are currently 285,789K shares outstanding in the company with a market cap of 14.32 billion. Presently, the company’s annual sales total 1,228 M according to its annual income of 326,710 K. Last quarter, the company’s sales amounted to 310,640 K and its income totaled 179,550 K.
