Bentley Systems Inc (NASDAQ: BSY) kicked off on Tuesday, down -2.03% from the previous trading day, before settling in for the closing price of $50.81. Over the past 52 weeks, BSY has traded in a range of $43.82-$57.19.
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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%. While this was happening, its average annual earnings per share was recorded 19.51%. With a float of $136.29 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
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Bentley Systems Inc is 54.89%, while institutional ownership is 40.97%. The most recent insider transaction that took place on Sep 23 ’24, was worth 2,510,080. In this transaction Director of this company sold 50,000 shares at a rate of $50.20, taking the stock ownership to the 12,298,230 shares. Before that another transaction happened on Sep 17 ’24, when Company’s Chief Product Officer sold 897 for $50.00, making the entire transaction worth $44,850. This insider now owns 70,053 shares in total.
Bentley Systems Inc (BSY) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.22 earnings per share (EPS), higher than consensus estimate (set at 0.19) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.60% 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
Take a look at Bentley Systems Inc’s (BSY) current performance indicators. Last quarter, stock had a quick ratio of 0.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.70. Likewise, its price to free cash flow for the trailing twelve months is 36.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.14, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.21 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 0.74 million was inferior to 1.28 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 54.64%. Additionally, its Average True Range was 1.07.
During the past 100 days, Bentley Systems Inc’s (BSY) raw stochastic average was set at 44.58%, which indicates a significant decrease from 52.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.98% in the past 14 days, which was lower than the 29.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.27, while its 200-day Moving Average is $50.54. Now, the first resistance to watch is $50.68. This is followed by the second major resistance level at $51.58. The third major resistance level sits at $52.15. If the price goes on to break the first support level at $49.20, it is likely to go to the next support level at $48.63. Assuming the price breaks the second support level, the third support level stands at $47.73.
Bentley Systems Inc (NASDAQ: BSY) Key Stats
The company with the Market Capitalisation of 15.04 billion has total of 288,463K Shares Outstanding. Its annual sales at the moment are 1,228 M in contrast with the sum of 326,710 K annual income. Company’s last quarter sales were recorded 330,340 K and last quarter income was 72,050 K.
