IDT (IDT) Getting Somewhat Favorable Press Coverage, Study Shows

News coverage about IDT (NYSE:IDT) has been trending somewhat positive on Sunday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. IDT earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 46.158697002673 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

A number of analysts recently issued reports on IDT shares. TheStreet cut IDT from a “c-” rating to a “d+” rating in a research report on Friday, April 27th. ValuEngine cut IDT from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd.

IDT traded down $0.07, reaching $5.19, during mid-day trading on Friday, MarketBeat.com reports. 84,280 shares of the company were exchanged, compared to its average volume of 226,491. IDT has a twelve month low of $4.82 and a twelve month high of $16.48.

IDT (NYSE:IDT) last issued its earnings results on Tuesday, June 5th. The utilities provider reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $365.41 million during the quarter. IDT had a positive return on equity of 0.06% and a negative net margin of 0.89%.

In other news, Director Judah Schorr acquired 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 18th. The stock was purchased at an average cost of $5.45 per share, with a total value of $109,000.00. Following the purchase, the director now directly owns 107,620 shares of the company’s stock, valued at approximately $586,529. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 21.80% of the company’s stock.

IDT Company Profile

IDT Corporation, through its subsidiaries, operates primarily in the telecommunications and payment industries in the United States and internationally. It operates in three segments: Telecom Platform Services, Unified Communications as a Service, and Consumer Phone Services. The Telecom Platform Services segment offers retail telecommunication products, including international long-distance calling products primarily to foreign-born communities; payment offerings, such as international and domestic airtime top-up, and international money transfer services; and wholesale international long distance traffic termination services for tier 1 fixed line and mobile network operators, as well as for other service providers.

Recommended Story: Understanding Price to Earnings Ratio (PE)

Insider Buying and Selling by Quarter for IDT (NYSE:IDT)

Receive News & Ratings for IDT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDT and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply