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....
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Bentley Systems: Premium Business Trading At Premium Valuation