Bentley Systems (NASDAQ:BSY) Releases Earnings Results, Misses Estimates By $0.05 EPS

Bentley Systems (NASDAQ:BSY) posted its quarterly earnings data on Wednesday. The company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.05), Zacks reports. Bentley Systems had a net margin of 27.73% and a return on equity of 29.50%. Bentley Systems updated its FY 2025 guidance to EPS.

Bentley Systems Stock Down 1.4 %

NASDAQ:BSY traded down $0.62 during trading hours on Wednesday, hitting $45.06. The stock had a trading volume of 671,950 shares, compared to its average volume of 1,120,890. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 1.37. Bentley Systems has a 1-year low of $43.82 and a 1-year high of $57.19. The business has a 50 day simple moving average of $46.67 and a two-hundred day simple moving average of $48.39. The company has a market cap of $13.10 billion, a PE ratio of 40.59, a price-to-earnings-growth ratio of 3.52 and a beta of 1.03.

Insider Buying and Selling at Bentley Systems

In other Bentley Systems news, Director Keith A. Bentley sold 1,152 shares of the stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $46.33, for a total value of $53,372.16. Following the completion of the sale, the director now owns 16,703,876 shares of the company’s stock, valued at $773,890,575.08. This trade represents a 0.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 21.12% of the stock is owned by corporate insiders.

Analyst Ratings Changes

BSY has been the subject of a number of research analyst reports. Piper Sandler dropped their target price on shares of Bentley Systems from $65.00 to $57.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. JPMorgan Chase & Co. initiated coverage on shares of Bentley Systems in a research report on Monday, December 9th. They set a “neutral” rating and a $52.00 target price for the company. Finally, Rosenblatt Securities reissued a “buy” rating and set a $62.00 target price on shares of Bentley Systems in a research report on Tuesday. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Bentley Systems currently has a consensus rating of “Moderate Buy” and an average price target of $57.00.

About Bentley Systems

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.