On Friday, Bentley Systems Inc (NASDAQ: BSY) was 0.77% up from the session before settling in for the closing price of $52.06. A 52-week range for BSY has been $40.89 – $55.37.
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Annual sales at Technology sector company grew by 12.27% over the past five years. When this article was written, the company’s average yearly earnings per share was at 6.04%. With a float of $123.92 million, this company’s outstanding shares have now reached $284.73 million.
Let’s look at the performance matrix of the company that is accounted for 5200 employees.
Bentley Systems Inc (BSY) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Bentley Systems Inc stocks. The insider ownership of Bentley Systems Inc is 58.32%, while institutional ownership is 39.85%. 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 76.15 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
You can see what Bentley Systems Inc (BSY) is doing with its current performance indicators. In the most recent 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 12.70. Likewise, its price to free cash flow for the trailing twelve months is 39.82.
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)
Bentley Systems Inc (NASDAQ: BSY) saw its 5-day average volume 4.88 million, a positive change from its year-to-date volume of 1.32 million. As of the previous 9 days, the stock’s Stochastic %D was 73.00%. Additionally, its Average True Range was 1.70.
During the past 100 days, Bentley Systems Inc’s (BSY) raw stochastic average was set at 77.57%, which indicates a significant increase from 76.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.94% in the past 14 days, which was lower than the 31.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.55, while its 200-day Moving Average is $50.59. Nevertheless, the first resistance level for the watch stands at $53.04 in the near term. At $53.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $54.62. If the price goes on to break the first support level at $51.46, it is likely to go to the next support level at $50.46. Assuming the price breaks the second support level, the third support level stands at $49.88.
Bentley Systems Inc (NASDAQ: BSY) Key Stats
There are 285,789K outstanding shares of the company, which has a market capitalization of 15.60 billion. As of now, sales total 1,228 M while income totals 326,710 K. Its latest quarter income was 310,640 K while its last quarter net income were 179,550 K.
