Bentley Systems Inc [NASDAQ: BSY] gained 0.21% or 0.1 points to close at $48.01 with a heavy trading volume of 299898 shares.
The daily chart for BSY points out that the company has recorded -3.67% loss over the past six months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If we look at the average trading volume of 897.35K shares, BSY reached to a volume of 299898 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Bentley Systems Inc [BSY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BSY shares is $60.09 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BSY stock is a recommendation set at 1.71. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Bentley Systems Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 09, 2024. While these analysts kept the previous recommendation, William Blair raised their target price to Outperform. The new note on the price target was released on March 28, 2024, representing the official price target for Bentley Systems Inc stock. Previously, the target price had yet another raise from $54 to $60, while Rosenblatt kept a Buy rating on BSY stock.
The Average True Range (ATR) for Bentley Systems Inc is set at 1.16, with the Price to Sales ratio for BSY stock in the period of the last 12 months amounting to 11.04. The Price to Book ratio for the last quarter was 14.03, with the Price to Cash per share for the same quarter was set at 0.24. Price to Free Cash Flow for BSY in the course of the last twelve months was 34.05 with Quick ratio for the last quarter at 0.52.
Trading performance analysis for BSY stock
Bentley Systems Inc [BSY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.09. With this latest performance, BSY shares dropped by -1.03% in over the last four-week period, additionally sinking by -3.67% over the last 6 months – not to mention a drop of -8.73% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BSY stock in for the last two-week period is set at 47.80, with the RSI for the last a single of trading hit 48.12, and the three-weeks RSI is set at 47.83 for Bentley Systems Inc [BSY]. The present Moving Average for the last 50 days of trading for this stock 48.76, while it was recorded at 47.80 for the last single week of trading, and 50.04 for the last 200 days.
Bentley Systems Inc [BSY]: A deeper dive into fundamental analysis
Bentley Systems Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.52 and a Current Ratio set at 0.52.
Bentley Systems Inc [BSY]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BSY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bentley Systems Inc go to 13.45%.
An analysis of Institutional ownership at Bentley Systems Inc [BSY]
There are presently around $43.24%, or 80.09%% of BSY stock, in the hands of institutional investors. The top three institutional holders of BSY stocks are: VANGUARD GROUP INC with ownership of 17.99 million shares, which is approximately 5.7231%. BLACKROCK INC., holding 15.94 million shares of the stock with an approximate value of $$786.75 million in BSY stocks shares; and BLACKROCK INC., currently with $$778.83 million in BSY stock with ownership which is approximately 5.0203%.
