Bentley Systems (BSY) Projected to Post Quarterly Earnings on Wednesday

Bentley Systems (NASDAQ:BSY - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Wednesday, May 7th. Analysts expect the company to post earnings of $0.30 per share and revenue of $366.76 million for the quarter.

Bentley Systems Trading Up 1.9 %

NASDAQ:BSY traded up $0.82 during mid-day trading on Friday, reaching $43.66. 833,919 shares of the company's stock traded hands, compared to its average volume of 1,202,735. The company has a 50 day moving average price of $42.01 and a 200-day moving average price of $45.74. The firm has a market capitalization of $13.23 billion, a price-to-earnings ratio of 39.33, a PEG ratio of 3.52 and a beta of 1.06. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.52 and a quick ratio of 0.52. Bentley Systems has a 12-month low of $36.51 and a 12-month high of $57.19.

Bentley Systems Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Wednesday, March 19th were paid a dividend of $0.07 per share. The ex-dividend date was Wednesday, March 19th. This is a boost from Bentley Systems's previous quarterly dividend of $0.06. This represents a $0.28 annualized dividend and a dividend yield of 0.64%. Bentley Systems's payout ratio is 38.36%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BSY. KeyCorp reduced their price objective on shares of Bentley Systems from $63.00 to $54.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Piper Sandler reduced their price target on shares of Bentley Systems from $65.00 to $57.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 8th. Robert W. Baird lowered their price objective on shares of Bentley Systems from $60.00 to $59.00 and set an "outperform" rating for the company in a report on Thursday, February 27th. JPMorgan Chase & Co. reduced their target price on Bentley Systems from $52.00 to $45.00 and set a "neutral" rating on the stock in a report on Wednesday, April 9th. Finally, Mizuho lowered their target price on Bentley Systems from $60.00 to $50.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $52.70.

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.