On Tuesday, Bentley Systems Inc (NASDAQ: BSY) was -0.47% drop from the session before settling in for the closing price of $46.98. A 52-week range for BSY has been $43.82 – $57.19.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Technology Sector giant saw their annual sales surged by 12.27% over the last five years. When this article was written, the company’s average yearly earnings per share was at 16.85%. With a float of $136.65 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 79.15%, operating margin of 21.97%, and the pretax margin is 18.49%.
Bentley Systems Inc (BSY) Insider Activity
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 54.79%, while institutional ownership is 41.00%. The most recent insider transaction that took place on Nov 11 ’24, was worth 2,410,930. In this transaction Director of this company sold 50,000 shares at a rate of $48.22, taking the stock ownership to the 11,948,235 shares. Before that another transaction happened on Nov 08 ’24, when Company’s Director proposed sale 310,000 for $49.17, making the entire transaction worth $15,242,700.
Bentley Systems Inc (BSY) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 16.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.45% 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 0.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.76. Likewise, its price to free cash flow for the trailing twelve months is 33.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.11, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.20 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 1.01 million was lower than the volume posted last year of 1.21 million. As of the previous 9 days, the stock’s Stochastic %D was 5.64%. Additionally, its Average True Range was 1.21.
During the past 100 days, Bentley Systems Inc’s (BSY) raw stochastic average was set at 35.81%, which indicates a significant increase from 6.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.81% in the past 14 days, which was higher than the 28.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.38, while its 200-day Moving Average is $50.35. Now, the first resistance to watch is $47.20. This is followed by the second major resistance level at $47.63. The third major resistance level sits at $48.03. If the price goes on to break the first support level at $46.36, it is likely to go to the next support level at $45.96. Should the price break the second support level, the third support level stands at $45.53.
Bentley Systems Inc (NASDAQ: BSY) Key Stats
There are 290,712K outstanding shares of the company, which has a market capitalization of 14.13 billion. As of now, sales total 1,228 M while income totals 326,710 K. Its latest quarter income was 335,170 K while its last quarter net income were 42,340 K.
