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

PERSISTENT is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 2.357000
forwardPE 39.737328
debtToEquity 4.920000
earningsGrowth 0.239000
revenueGrowth 0.236000
grossMargins 0.277740
operatingMargins 0.155860
trailingEps 90.290000
forwardEps 55.250000

Persistent Systems Limited's current ratio, being 2.357, means the company is well-positioned to meet its short-term debt obligations. This reflects Persistent Systems Limited's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
PERSISTENT's positive earnings and revenue growth reflect an optimistic outlook for the company's future. The growth in these key areas indicates that PERSISTENT is expected to continue expanding its business and boosting its financial performance in the coming periods.
PERSISTENT's forward EPS being lower than its trailing EPS suggests the company is expected to face declining profits. This points to a less favorable financial outlook for the coming year.

Price projections:

Price projections for PERSISTENT
Price projections for PERSISTENT

Price projections for PERSISTENT have been revised downward over time, signaling decreasing optimism about the company's outlook. Analysts appear to be adjusting their expectations as concerns about future performance grow.

Recommendation changes over time:

Recommendations trend for PERSISTENT
Recommendations trend for PERSISTENT


PERSISTENT has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view PERSISTENT as a reliable choice for their money, offering a promising avenue for future growth and financial gains.