Why Bentley Systems Inc (NASDAQ: BSY) Should Be Included On Your Watchlist

Bentley Systems Inc (NASDAQ:BSY)’s traded shares stood at 1.32 million during the latest session, with the company’s beta value hitting 1.08. At the last check today, the stock’s price was $51.72, to imply a decrease of -0.64% or -$0.34 in intraday trading. The BSY share’s 52-week high remains $55.37, putting it -7.06% down since that peak but still an impressive 20.94% since price per share fell to its 52-week low of $40.89. The company has a valuation of $15.38B, with an average of 1.31 million shares over the past 3 months.

Bentley Systems Inc (NASDAQ:BSY) trade information

After registering a -0.64% downside in the latest session, Bentley Systems Inc (BSY) has traded red over the past five days. The stock hit a weekly high of 54.17, dropping -0.64% in its intraday price action. The 5-day price performance for the stock is 7.38%, and 1.84% over 30 days. With these gigs, the year-to-date price performance is -0.87%.

Bentley Systems Inc (BSY) estimates and forecasts

Looking at statistics comparing Bentley Systems Inc share performance against respective industry, we note that the company has underperformed competitors. Bentley Systems Inc (BSY) shares are -2.55% down over the last 6 months, with its year-to-date growth rate lower than industry average at 10.99% against 20.50%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 13.02% for the past 5-year period. While 2024 is set for a 6.04% return in earnings, projections for the next 5 years are at 0.80% annually.

BSY Dividends

Bentley Systems Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Bentley Systems Inc has a forward dividend ratio of 0.21, with the share yield ticking at 0.41% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.