A Closer Look at 4 Analyst Recommendations For Bentley Systems

Bentley Systems BSY underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $60.0, with a high estimate of $61.00 and a low estimate of $59.00. Surpassing the previous average price target of $56.00, the current average has increased by 7.14%.

Deciphering Analyst Ratings: An In-Depth Analysis

The standing of Bentley Systems among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Bentley Systems. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Bentley Systems compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Bentley Systems's stock. This comparison reveals trends in analysts' expectations over time.

To gain a panoramic view of Bentley Systems's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Bentley Systems analyst ratings.

All You Need to Know About Bentley Systems

Bentley Systems is a software vendor that caters to engineers, architects, constructors, and geospatial professionals by enabling design, modeling, simulation and project, and data management of infrastructure assets. The firm delivers solutions via the cloud, desktop, and hybrid environments. While Bentley is relatively small in comparison with peers like Autodesk, it shines in core specialty areas, like bridge or rail design, as opposed to being more broad-based in its applications. As of fiscal 2022, approximately 58% of revenue is derived from outside the U.S. (with 28% of revenue coming from EMEA and 18% coming from APAC as of fiscal 2022). Bentley's largest end market is the public works and utilities sector, which represents approximately two thirds of revenue.

Bentley Systems's Financial Performance

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Bentley Systems's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 14.27%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Bentley Systems's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 17.29%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Bentley Systems's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 7.94%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Bentley Systems's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.68%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Bentley Systems's debt-to-equity ratio stands notably higher than the industry average, reaching 2.36. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Significance of Analyst Ratings Explained

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.