Bentley Systems (BSY) Stock Price, News & Analysis

Company Overview

Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling engineering applications, such as MicroStation, OpenBridge, OpenBuildings, OpenCities, OpenComms, OpenFlows, OpenPlant, OpenRail, OpenRoads, OpenSite, OpenTower, OpenTunnel, OpenUtilities, and OpenWindowPower; and open simulation engineering applications, including ADINA, AutoPIPE, CUBE, DYNAMEQ, EMME, LEGION, Power Line Systems, RAM, SACS, SPIDA, and STAAD; and geoprofessional applications for modeling and simulation of near and deep subsurface conditions, including AGS, Central, GeoStudio, Imago, Leapfrog, MX Deposit, Oasis montaj, OpenGround, and PLAXIS. It also provides infrastructure cloud applications, such as ProjectWise, SYNCHRO, and AssetWise, as well as iTwin platform that enables users to create and curate cloud native 4D/5D digital representations of physical infrastructure assets consisting of iTwin Capture, iTwin Experience, and iTwin IoT platforms. The company serves civil, structural, geotechnical, subsurface, process engineers, architects, geospatial professionals, city and regional planners, contractors, fabricators, and operations and maintenance engineers. Bentley Systems, Incorporated was incorporated in 1984 and is headquartered in Exton, Pennsylvania.

Key Stats

• Today's Range: $50.52 to $51.07
• 50-Day Range: $44.79 to $51.95
• 52-Week Range: $43.82 to $57.19
• Volume: 216,593 shs
• Average Volume: 1.26 million shs
• Market Capitalization: $14.68 billion
• P/E Ratio: 47.57
• Dividend Yield: 0.47%
• Price Target: $59.57
• Consensus Rating: Moderate Buy

Bentley Systems Stock Analysis - MarketRank™

Bentley Systems scored higher than 88% of companies evaluated by MarketBeat, and ranked 145th out of 667 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Bentley Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Bentley Systems has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.00%

Earnings Growth

Earnings for Bentley Systems are expected to grow by 10.00% in the coming year, from $0.90 to $0.99 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bentley Systems is 47.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bentley Systems is 47.58, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 273.98.

Price to Earnings Growth Ratio

Bentley Systems has a PEG Ratio of 4.08. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Bentley Systems has a P/B Ratio of 17.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.02% of the float of Bentley Systems has been sold short.

Short Interest Ratio / Days to Cover

Bentley Systems has a short interest ratio ("days to cover") of 7.2.

Change versus previous month

Short interest in Bentley Systems has recently increased by 0.24%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Bentley Systems has a dividend yield of 0.48%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Bentley Systems does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Bentley Systems is 22.43%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Bentley Systems will have a dividend payout ratio of 24.24% next year. This indicates that Bentley Systems will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.8 / 5
• Environmental Score: -2.31

Percentage of Shares Shorted

6.02% of the float of Bentley Systems has been sold short.

Short Interest Ratio / Days to Cover

Bentley Systems has a short interest ratio ("days to cover") of 7.2.

Change versus previous month

Short interest in Bentley Systems has recently increased by 0.24%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.86

News Sentiment

Bentley Systems has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Bentley Systems this week, compared to 5 articles on an average week.

MarketBeat Follows

Only 2 people have added Bentley Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Bentley Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,500,354.00 in company stock.

Percentage Held by Insiders

21.12% of the stock of Bentley Systems is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

44.16% of the stock of Bentley Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BSY Stock Analysis - Frequently Asked Questions

How have BSY shares performed this year?

Bentley Systems' stock was trading at $52.18 at the beginning of 2024. Since then, BSY shares have decreased by 2.4% and is now trading at $50.91.
View the best growth stocks for 2024 here.

How were Bentley Systems' earnings last quarter?

Bentley Systems, Incorporated (NASDAQ:BSY) released its quarterly earnings results on Tuesday, August, 6th. The company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.08. The company's quarterly revenue was up 11.3% on a year-over-year basis.

When did Bentley Systems IPO?

Bentley Systems (BSY) raised $194 million in an initial public offering on Wednesday, September 23rd 2020. The company issued 10,800,000 shares at a price of $17.00-$19.00 per share. Goldman Sachs, BofA Securities and RBC Capital Markets acted as the underwriters for the IPO and Baird, KeyBanc Capital Markets and Mizuho Securities were co-managers.

Who are Bentley Systems' major shareholders?

Bentley Systems' top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (5.47%), Swedbank AB (1.43%), AXA S.A. (0.45%) and Envestnet Asset Management Inc. (0.43%). Insiders that own company stock include Keith A Bentley, Raymond B Bentley, Barry J Bentley, Gregory S Bentley, David J Hollister, David R Shaman, Kirk B Griswold, Nicholas Cumins and Michael M Campbell.
View institutional ownership trends.

How do I buy shares of Bentley Systems?

Shares of BSY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/06/2024
• Ex-Dividend for 9/26 Dividend: 9/17/2024
• Today: 9/19/2024
• Dividend Payable: 9/26/2024
• Next Earnings (Estimated): 11/05/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:BSY
• CUSIP: N/A
• CIK: 1031308
• Web: www.bentley.com
• Phone: 610-458-5000
• Fax: N/A
• Employees: 5,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $59.57
• High Stock Price Target: $63.00
• Low Stock Price Target: $50.00
• Potential Upside/Downside: +17.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.07
• Trailing P/E Ratio: 47.57
• Forward P/E Ratio: 56.56
• P/E Growth: 4.08
• Net Income: $326.71 million
• Net Margins: 29.17%
• Pretax Margin: 19.74%
• Return on Equity: 31.71%
• Return on Assets: 8.48%

Debt

• Debt-to-Equity Ratio: 1.36
• Current Ratio: 0.49
• Quick Ratio: 0.49

Sales & Book Value

• Annual Sales: $1.29 billion
• Price / Sales: 11.42
• Cash Flow: $1.12 per share
• Price / Cash Flow: 45.30
• Book Value: $2.98 per share
• Price / Book: 17.08

Miscellaneous

• Outstanding Shares: 288,463,000
• Free Float: 227,540,000
• Market Cap: $14.68 billion
• Optionable: Optionable
• Beta: 1.03