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 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 2.45400
forwardPE 45.59839
debtToEquity 5.65100
earningsGrowth 0.43700
revenueGrowth 0.23600
grossMargins 0.29682
operatingMargins 0.16273
trailingEps 107.02000
forwardEps 55.25000

Persistent Systems Limited's current ratio 2.454, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, Persistent Systems Limited can comfortably meet its immediate liabilities, reflecting a healthy financial standing.
With positive earnings and revenue growth, PERSISTENT is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
Persistent Systems Limited's forward EPS is lower than its trailing EPS, signaling that the company is projected to experience reduced profitability this year. This suggests a downward trend in earnings, which could raise concerns among investors about Persistent Systems Limited's financial outlook.

Price projections:

Price projections for PERSISTENT
Price projections for PERSISTENT

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:

Recommendations trend for PERSISTENT
Recommendations trend for PERSISTENT


PERSISTENT 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 as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.