For its third fiscal quarter (ending April 30), IDT Corp (NYSE: IDT) has reported E.P.S. of $0.22 compared to $0.27 a year ago. For the latest four quarters through April 30, E.P.S. were $1.41 compared to $1.93 a year ago.
Recent Price Action
IDT Corp (NYSE: IDT) stock closed at $38.84 on 6/5/24 after a decline of -2.1%. Moreover, this decline was accompanied by exceptionally high trading volume at 229% of normal. The stock has declined -1.4% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
IDT is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
IDT has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. IDT has a poor Appreciation Score of 23 but a good Power Rating of 84, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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