2/24/25 - $bsy - I'd probs stay away from this2/24/25 :: VROCKSTAR :: NASDAQ:BSY
I'd probs stay away from this
- a'ite homefries
- just posted on NASDAQ:CDNS about how i wouldn't own it, growth for multiples just too expensive. mkt seems to be too lazy with software names until they're forced to rework their logic (what are people even doing on the desk nowadays... well w/e)
- but i figured i'd burn another post for myself on this one, which i also don't know exceedingly well, but where something like mid 30s PE for low DD growth simply appears silly
- if i was running a L/S fund this would pretty clearly be a 1-2% short (in a list of 30-40 shorts), but i much prefer to stack cash as my expression of being underweight risk assets in certain areas of mkt
- anyway. besides knowing something more deeply, like it's some sort of whacky M&A candidate, or they'll growth infect, or beat and guide bonkers (probably v unlikely)... i'd not be surprised to see this thing fade 20-30% sooner vs. later. dead money would be generous.
- caution, that's all. i think u could do better elsewhere.
V
BSY trade ideas
1 Year Bull Flag FormingBSY has the following 5 year compounded growth rates.
Revenue - 12%
Net Income - 9%
Equity - 20%
Free Cash Flow - 20%
The stock has been in a tight channel for over a year and has solid fundamental numbers. There were also two volume spike between now and last March, however, there was no major price move.
Due to the fact that this company is showing solid growth (see above).
It is trading at the same price as 2021, but has more revenue, income, equity, etc.
Due to the volume spikes in May and September, yet the price action hasnt moved.
Due to the lessening on interest rates and going to risk on assets.
Due to the fact that the company is 15B Market Cap.
It is setting up for major rippage and price discovery has it traverses this channel. You can either trade the channel or wait for it to break support and retest to enter.
Bear Case - Based on the DCF models, this company should be worth 12 bucks. This company is also very nich and is contingent on heavy development.
BSY - 9 months SYMMETRICAL TRIANGLE══════════════════════════════
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trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
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Bentley Systems Explores Options Amid Takeover InterestBentley Systems ( NASDAQ:BSY ), a leading provider of engineering software, is currently exploring various options in response to acquisition interest from potential buyers. Sources familiar with the matter have revealed that the company, which currently boasts a market value of approximately $15 billion, has received attention from a number of firms including Schneider Electric and Cadence Design Systems.
Notably, the Bentley family holds control over the company through a unique class of shares. To address the acquisition interest, a special committee of the board of directors has been established to investigate potential options, including an outright sale or joint venture.
While the discussions are confidential, sources caution that no deal has been confirmed at this time. Bentley Systems ( NASDAQ:BSY ), Schneider Electric, and Cadence Design Systems have yet to make any public statements regarding the matter.
It is important to note that Bentley Systems ( NASDAQ:BSY ) has cultivated a reputation for providing cutting-edge technological solutions to a wide range of industries. As such, any potential acquisition of the company would likely have significant implications for the market as a whole.
Technical Outlook
Bentley Systems ( NASDAQ:BSY ) stock has risen over 5.87% in Thursday's afternoon trading session with a bullish Relative Strength Index (RSI) of 61.98 which indicates room for further surge. The monthly price chart has concurrently shown a shoulder and head pattern amicably maintaining that level over 1 year.
Bentley Systems (BSY) Soars Insider Confidence and Leadership Insight:
On January 25, 2024, Gregory Bentley, the Chairman of Bentley Systems ( NASDAQ:BSY ), demonstrated a resounding vote of confidence in the company's future by purchasing a substantial 64,787 shares, valued at an impressive $3,291,827. Such a significant insider investment, revealed through a Form 4 filing with the U.S. Securities and Exchange Commission, speaks volumes about the leadership's belief in the company's potential.
Bentley Systems: A Standout Performer in the IT Sector:
Bentley Systems ( NASDAQ:BSY ) has been on a trajectory of remarkable revenue growth, boasting an impressive 14.27% increase as of September 30, 2023. What sets Bentley Systems ( NASDAQ:BSY ) apart is not just its financial success but its strategic focus on core specialty areas like bridge and rail design. The company's stronghold in the public works and utilities sector, contributing to about two-thirds of its revenue, underscores its influence in critical infrastructure projects.
International Market Dominance:
A notable aspect contributing to Bentley Systems' ( NASDAQ:BSY ) strength is its extensive global reach, with approximately 58% of its revenue generated from international markets. This international footprint positions the company favorably for sustained growth, even in the face of regional economic fluctuations.
NASDAQ:BSY Stock Performance Signals Optimism:
As of January 27, 2024, BSY stock exhibited a positive performance, trading near the top of its 52-week range and above its 200-day simple moving average. The stock closed at $50.27, showing a daily increase of $0.22 and continued promise in after-hours trading with an additional rise of $0.65. Trading near the top of its 52-week range and above the 200-day moving average signals positive momentum and potential for further growth.
Impressive Financial Metrics:
NASDAQ:BSY 's stellar performance is not just reflected in its stock price but is substantiated by robust financial metrics. Total revenue soared to $1.10 billion over the past year, marking a remarkable 13.89% increase, while the third quarter witnessed a 3.32% growth, reaching $306.61 million. Net income exhibited an even more impressive growth, with a staggering 87.52% increase in the past year, reaching $174.74 million. The third quarter continued this upward trajectory, with net income reaching $53.01 million, reflecting an 8.92% increase since the previous quarter.
Conclusion:
In conclusion, Bentley Systems ( NASDAQ:BSY ) presents a compelling investment opportunity, backed by strong leadership, remarkable financial performance, and positive growth trends. Gregory Bentley's recent insider purchase adds an extra layer of confidence in the company's future. As the company continues to innovate and expand its global presence, NASDAQ:BSY emerges as a beacon of stability and growth in an ever-evolving market landscape.
BSY BULLISH POTENTIALMarket just finished complete Elliot wave 1-5 with an ABC correction, we are back at the buy zone, which market created with an institutional candle back when in it's beginning.
Aroon: Orange line crossed the blue one in the daily time frame which already shows that we are heading bullish direction.
MACD: Shows gain in the Bullish momentum we need to wait for it to cross upwards with a signal line on a daily timeframe.
Bollinger bands: We already bounced from the bottom Bollinger band which indicates we are heading bullish.
We should retrace all the way back to 50% fib zone, but we have a strong resistance just below it, taking that resistance as our target is a lot safer.
Entry 37
Invalidation 30.59
Target 50.21
Ratio 1:4
$BSY Long SetupBentley Systems held up the 50 MA like a champ in the face of onslaught of selling in IT stocks. The volume pattern shows healthy buying interest that could send the stock breaking out of its down slopping trend line this week.
Bentley Systems Class B (BSY)- DEVELOPS SOFTWARE USED TO DESIGN AND BUILD LARGE-SCALE INFRASTRUCTURE PROJECTS.
$BSY is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Bentley Systems provides infrastructure engineering software to clients worldwide.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $29,77;
stop-loss — $25,77;
take-profit — $41,77.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
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