A major move is in the offing as Bentley Systems Inc (BSY) market cap hits 14.43 billion

Bentley Systems Inc (NASDAQ: BSY) kicked off on Monday, down -2.31% from the previous trading day, before settling in for the closing price of $48.88. Over the past 52 weeks, BSY has traded in a range of $43.82-$57.19.

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Technology Sector giant saw their annual sales surged by 12.27% over the last five years. While this was happening, its average annual earnings per share was recorded 19.51%. With a float of $136.34 million, this company’s outstanding shares have now reached $284.73 million.

The firm has a total of 5200 workers. Let’s measure their productivity. In terms of profitability, gross margin is 78.7%, operating margin of 22.85%, and the pretax margin is 19.73%.

Bentley Systems Inc (BSY) Insider Activity

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 54.88%, while institutional ownership is 41.13%. The most recent insider transaction that took place on Sep 30 ’24, was worth 2,529,075. In this transaction Director of this company sold 50,000 shares at a rate of $50.58, taking the stock ownership to the 12,248,235 shares. Before that another transaction happened on Sep 23 ’24, when Company’s Director sold 50,000 for $50.20, making the entire transaction worth $2,510,080. This insider now owns 12,298,230 shares in total.

Bentley Systems Inc (BSY) Earnings and Forecasts

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 13.31% 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 11.23. Likewise, its price to free cash flow for the trailing twelve months is 35.45.

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)

Analysing the last 5-days average volume posted by the [Bentley Systems Inc, BSY], we can find that recorded value of 0.67 million was lower than the volume posted last year of 1.27 million. As of the previous 9 days, the stock’s Stochastic %D was 5.14%. Additionally, its Average True Range was 1.08.

During the past 100 days, Bentley Systems Inc’s (BSY) raw stochastic average was set at 29.39%, which indicates a significant increase from 1.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.67% in the past 14 days, which was lower than the 29.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $49.29, while its 200-day Moving Average is $50.50. Now, the first resistance to watch is $48.55. This is followed by the second major resistance level at $49.36. The third major resistance level sits at $49.78. If the price goes on to break the first support level at $47.33, it is likely to go to the next support level at $46.91. Should the price break the second support level, the third support level stands at $46.10.

Bentley Systems Inc (NASDAQ: BSY) Key Stats

The company with the Market Capitalisation of 14.43 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.