Somewhat Favorable Media Coverage Somewhat Unlikely to Impact IDT (IDT) Share Price

Media headlines about IDT (NYSE:IDT) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. IDT earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 47.0099391530708 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

Separately, UBS raised IDT from a “sell” rating to a “hold” rating in a report on Wednesday, March 28th.

Shares of IDT stock traded up $0.04 on Thursday, hitting $5.88. The company had a trading volume of 292,061 shares, compared to its average volume of 259,084. The stock has a market cap of $140.10, a PE ratio of 25.64 and a beta of 1.03. IDT has a twelve month low of $5.50 and a twelve month high of $17.71.

IDT (NYSE:IDT) last issued its quarterly earnings data on Thursday, March 8th. The utilities provider reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $395.88 million during the quarter. IDT had a negative net margin of 0.97% and a positive return on equity of 3.38%.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 23rd. Stockholders of record on Monday, March 19th were issued a $0.09 dividend. The ex-dividend date was Friday, March 16th. This represents a $0.36 annualized dividend and a dividend yield of 6.12%.

In related news, Director Judah Schorr acquired 10,000 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The stock was acquired at an average price of $10.82 per share, with a total value of $108,200.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 21.80% of the company’s stock.

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IDT Company Profile

IDT Corporation is a holding company with operations primarily in the telecommunications and payment industries. The Company’s segments include Telecom Platform Services, Consumer Phone Services and All Other. The Company’s Telecom Platform Services segment provides retail telecommunications and payment offerings, as well as wholesale international long distance traffic termination.

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

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