A new trading day began on Tuesday, with Bentley Systems Inc (NASDAQ: BSY) stock price up 0.21% from the previous day of trading, before settling in for the closing price of $47.91. BSY’s price has ranged from $43.82 to $57.19 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 12.27% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 16.82%. With a float of $136.80 million, this company’s outstanding shares have now reached $290.51 million.
In an organization with 5200 employees, it is important to assess its efficiency. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Bentley Systems Inc is 54.74%, while institutional ownership is 41.01%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 16.82% 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
Here are Bentley Systems Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.04. Likewise, its price to free cash flow for the trailing twelve months is 34.05.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.2 million. That was better than the volume of 1.19 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 55.47%. Additionally, its Average True Range was 1.16.
During the past 100 days, Bentley Systems Inc’s (BSY) raw stochastic average was set at 51.04%, which indicates a significant increase from 29.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.14% in the past 14 days, which was lower than the 28.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.76, while its 200-day Moving Average is $50.04. However, in the short run, Bentley Systems Inc’s stock first resistance to watch stands at $48.24. Second resistance stands at $48.47. The third major resistance level sits at $48.69. If the price goes on to break the first support level at $47.78, it is likely to go to the next support level at $47.56. Assuming the price breaks the second support level, the third support level stands at $47.33.
Bentley Systems Inc (NASDAQ: BSY) Key Stats
With a market capitalization of 14.51 billion, the company has a total of 290,712K Shares Outstanding. Currently, annual sales are 1,228 M while annual income is 326,710 K. The company’s previous quarter sales were 335,170 K while its latest quarter income was 42,340 K.
