More about Persistent Systems Limited
Fundamentals for Persistent Systems Limited
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Fundamentals for Persistent Systems Limited
Business Operations:
Sector: TechnologyIndustry: Information Technology Services
Persistent Systems Limited provides software products, services, and technology solutions in India, North America, and internationally. It operates through Banking, Financial Services and Insurance; Healthcare & Life Sciences; and Software, Hi-Tech and Emerging Industries segments. The company provides Persistent GenAI Hub, a generative artificial intelligence (AI) solution; consulting services for business strategy and transformation; software engineering services to architect, design, develop, and manage software product lifecycle; and CX transformation solutions, such as CX strategy, Salesforce cloud implementation, CX platform integration, customer analytics and insights, Salesforce industry solutions and accelerators. It also offers hybrid and multi-cloud transformation, data center modernization, cloud advisory, service management, service desk, digital workplace, and management and sustenance services, as well as CloudOps, a multi-cloud intelligent operations framework; business process management, robotic process automation, low code application development, and conversational AI solutions; and application modernization, maintenance and support, and portfolio rationalization, as well as application and platform development solutions. In addition, the company enterprise IT security solutions comprising managed security, security assurance and data security, and identity access management, as well as governance, risk, and compliance services; data and analytics advisory, data stack modernization, data science and machine learning, data connectors and certification, and data strategy and governance services; and enterprise integration strategy and advisory, API-led and managed integration, and migration services. It serves customers in the banking, financial services, insurance, healthcare, life sciences, consumer tech, industrial, software and hi-tech, and telecom and media sectors. The company was incorporated in 1990 and is based in Pune, India.
Revenue projections:
Investors are expected to be cautious with PERSISTENT, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 41.909817 |
| debtToEquity | 5.651000 |
| earningsGrowth | 0.168000 |
| revenueGrowth | 0.234000 |
| grossMargins | 0.304090 |
| operatingMargins | 0.167400 |
| trailingEps | 110.790000 |
| forwardEps | 146.862960 |
PERSISTENT's positive growth in earnings and revenue suggests the company is on track to expand its business. These indicators highlight a healthy financial performance, with PERSISTENT expected to increase its market presence and profitability.
PERSISTENT's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.
Price projections:
Persistent Systems Limited's price projections have steadily risen over time, pointing to increasing optimism about the company's prospects. This upward revision suggests that analysts expect Persistent Systems Limited to continue delivering solid performance in the future.
Recommendation changes over time:
Persistent Systems Limited has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see Persistent Systems Limited as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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