Bentley Systems Incorporated (NASDAQ:BSY) has a 12-month trailing P/E ratio of 102.43, and a growth ratio of 16.00. The stock’s Relative Strength Index (RSI) is 63.70, with weekly volatility at 3.70% and ATR at 2.11. The BSY stock’s 52-week price range has touched low of $27.00 and a $54.62 high. Its shares traded higher over the last trading session, gaining 1.82% on 05/21/21. The shares fell to a low of $52.55 before closing at $53.16. Intraday shares traded counted 1.64 million, which was -94.78% lower than its 30-day average trading volume of 840.28K. BSY’s previous close was $52.21 while the outstanding shares total 302.58M.
Investors have identified the Software – Application company Bentley Systems Incorporated as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $14.45 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Bentley Systems Incorporated (BSY) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 781.81 million total, with 526.46 million as their total liabilities.
BSY were able to record 130.14 million as free cash flow during the 09/01/2021 quarter of the year, this saw their quarterly net cash flow reduce by 447.53 million. In cash movements, the company had a total of 132.8 million as operating cash flow.
Potential earnings growth for Bentley Systems Incorporated (BSY)
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 49.29 million trying to sell their products during the last quarter, with the result yielding a gross income of 172.72 million. This allows shareholders to hold on to 302.58M with the recently reported earning now reading 0.19 cents per share. This is a figure that compared to analyst’s prediction for their 09/01/2021 (0.18 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.60 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on BSY sounds very interesting.
Is the stock of BSY attractive?
In related news, See Remarks, Hollister David J. sold 26,886 shares of the company’s stock in a transaction that recorded on May 18. The sale was performed at an average price of 51.36, for a total value of 1,380,818. As the sale deal closes, the See Remarks, Hollister David J. now sold 164,396 shares of the company’s stock, valued at 8,326,433. Also, See Remarks, Hollister David J. sold 24,532 shares of the company’s stock in a deal that was recorded on May 14. The shares were price at an average price of 50.08 per share, with a total market value of 1,228,673. Following this completion of acquisition, the Chairman, CEO & President, BENTLEY GREGORY S now holds 62,312 shares of the company’s stock, valued at 2,959,820. In the last 6 months, insiders have changed their ownership in shares of company stock by 24.60%.
4 out of 7 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Bentley Systems Incorporated. 0 analysts has assigned a Sell rating on the BSY stock. The 12-month mean consensus price target for the company’s shares has been set at $52.29.