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BSY - Bentley Systems: Premium Business Trading At Premium Valuation
Bentley Systems Incorporated
2024-05-23 17:23:07 ET
Summary
Bentley Systems, Incorporated is a provider of infrastructure engineering software, competing against Autodesk, among others.
Bentley Systems shares have seen mediocre returns and are still trading at nosebleed valuations.
Despite solid sales growth, valuations are demanding, and the predictability of growth may be overpriced.
It has been a while since I covered shares of Bentley Systems, Incorporated ( BSY ). In fact, it was the spring of 2021 when I concluded that shares were valued too rich to offer any appeal....