A Glimpse Into The Expert Outlook On Bentley Systems Through 6 Analysts

Across the recent three months, 6 analysts have shared their insights on Bentley Systems BSY, expressing a variety of opinions spanning from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 4 0 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 1 0 0 0
3M Ago 1 3 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $60.0, a high estimate of $61.00, and a low estimate of $59.00. This upward trend is apparent, with the current average reflecting a 4.66% increase from the previous average price target of $57.33.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

In examining recent analyst actions, we gain insights into how financial experts perceive Bentley Systems. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Blair Abernethy Rosenblatt Maintains Buy $60.00 $60.00
Clarke Jeffries Piper Sandler Maintains Overweight $60.00 -
Matthew Hedberg RBC Capital Maintains Outperform $61.00 -
Clarke Jeffries Piper Sandler Maintains Overweight $60.00 -
Blair Abernethy Rosenblatt Raises Buy $60.00 $54.00
Joe Vruwink Baird Raises Outperform $59.00 $58.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Bentley Systems. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Bentley Systems compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Bentley Systems's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Bentley Systems's market position. Stay informed and make well-judged decisions with the assistance of 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.

Financial Insights: Bentley Systems

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining Bentley Systems's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 8.26% as of 31 December, 2023, showcasing a substantial increase in 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 surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 57.81% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Bentley Systems's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 22.81% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Bentley Systems's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.56% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Bentley Systems's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.78, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

How Are Analyst Ratings Determined?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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

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