Overall Fundamental outlook

Business Operations:

Sector: Technology
Industry: 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:

Revenue projections for PERSISTENT
Revenue projections for PERSISTENT

Investors may react cautiously to news that Persistent Systems Limited's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 2.427000
forwardPE 29.221203
debtToEquity 6.092000
earningsGrowth 0.321000
revenueGrowth 0.251000
grossMargins 0.311920
operatingMargins 0.162520
trailingEps 118.970000
forwardEps 174.476040

Persistent Systems Limited's current ratio of 2.427 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as Persistent Systems Limited can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
PERSISTENT's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
PERSISTENT's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that PERSISTENT will continue to grow its operations, driven by increasing profits and revenue.
PERSISTENT's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that PERSISTENT is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.

Price projections:

Price projections for PERSISTENT
Price projections for PERSISTENT

PERSISTENT's price has consistently hovered near the lower end of price projections. This trend suggests that the stock is underperforming relative to analyst expectations, indicating a potential lack of momentum for upward movement in the near future.

Recommendation changes over time:

Recommendations trend for PERSISTENT
Recommendations trend for PERSISTENT


Analysts' buy bias toward PERSISTENT suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, PERSISTENT is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.