Hold 2/29/2024Upgraded
Bentley Systems, Incorporated (BSY) was upgraded to C+ from C on 2/29/2024 due to a large increase in the total return index, growth index and valuation index. Earnings per share increased from $0.1644 to $0.5437, operating cash flow increased 19.54% from $72.82M to $87.05M, and total revenue increased 1.31% from $306.61M to $310.64M.

Hold 11/10/2022Upgraded
Bentley Systems, Incorporated (BSY) was upgraded to C from C- on 11/10/2022 due to a significant increase in the growth index, valuation index and efficiency index. Operating cash flow increased 3.69% from $67M to $69.47M, and total revenue increased 0.02% from $268.29M to $268.33M.

Hold 10/31/2022Upgraded
Bentley Systems, Incorporated (BSY) was upgraded to C- from D+ on 10/31/2022 due to an increase in the volatility index.

Sell 10/14/2022Downgrade
Bentley Systems, Incorporated (BSY) was downgraded to D+ from C- on 10/14/2022 due to a decline in the volatility index.

Hold 9/22/2022Upgraded
Bentley Systems, Incorporated (BSY) was upgraded to C- from D+ on 9/22/2022 due to an increase in the valuation index, total return index and volatility index.

Sell 8/12/2022Downgrade
Bentley Systems, Incorporated (BSY) was downgraded to D+ from C- on 8/12/2022 due to a major decline in the growth index, solvency index and total return index. Operating cash flow declined 34.14% from $101.73M to $67M, EBIT declined 15.61% from $70.59M to $59.57M, and the quick ratio declined from 0.58 to 0.51.

Hold 3/4/2022Upgraded
Bentley Systems, Incorporated (BSY) was upgraded to C- from D+ on 3/4/2022 due to a significant increase in the growth index, solvency index and efficiency index. EBIT increased 225.56% from -$39.51M to $49.6M, earnings per share increased from -$0.1627 to $0.1347, and net income increased 182.59% from -$50.13M to $41.4M.

Sell 2/28/2022Downgrade
Bentley Systems, Incorporated (BSY) was downgraded to D+ from C- on 2/28/2022 due to a major decline in the volatility index and total return index.

Hold 12/10/2021Downgrade
Bentley Systems, Incorporated (BSY) was downgraded to C- from C on 12/10/2021 due to a significant decline in the growth index, volatility index and valuation index. Earnings per share declined from $0.141 to -$0.1627, and EBIT declined 183.76% from $47.17M to -$39.51M.

Hold 3/4/2021Upgraded
Bentley Systems, Incorporated (BSY) was upgraded to C from C- on 3/4/2021 due to a significant increase in the growth index, solvency index and total return index. Earnings per share increased from $0.02 to $0.1664, operating cash flow increased 106.6% from $39.84M to $82.32M, and debt to equity declined from 84.87 to 0.77.

Hold 12/16/2020None
Bentley Systems, Incorporated (BSY) was downgraded to C- from U on 12/16/2020.