IDT (IDT) Set to Announce Quarterly Earnings on Tuesday

IDT (NYSE:IDT) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, October 8th. Parties that are interested in participating in the company’s conference call can do so using this link.

IDT Stock Down 0.7 %

Shares of NYSE IDT opened at $38.17 on Tuesday. The firm has a market capitalization of $967.19 million, a P/E ratio of 27.50 and a beta of 0.79. The stock’s 50-day simple moving average is $37.41 and its two-hundred day simple moving average is $37.45. IDT has a twelve month low of $21.64 and a twelve month high of $41.58.

IDT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 7th. Stockholders of record on Monday, September 30th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.20 annualized dividend and a dividend yield of 0.52%. IDT’s dividend payout ratio (DPR) is presently 14.29%.

Insider Activity

In other IDT news, EVP Joyce J. Mason sold 7,570 shares of IDT stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $37.25, for a total value of $281,982.50. Following the sale, the executive vice president now owns 12,996 shares of the company’s stock, valued at approximately $484,101. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director Eric F. Cosentino sold 800 shares of IDT stock in a transaction that occurred on Tuesday, July 16th. The stock was sold at an average price of $37.24, for a total value of $29,792.00. Following the completion of the transaction, the director now owns 551 shares in the company, valued at approximately $20,519.24. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Joyce J. Mason sold 7,570 shares of IDT stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $37.25, for a total value of $281,982.50. Following the completion of the transaction, the executive vice president now owns 12,996 shares of the company’s stock, valued at approximately $484,101. The disclosure for this sale can be found here. 15.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded IDT from a “buy” rating to a “strong-buy” rating in a report on Friday, July 19th.

IDT Company Profile

IDT Corporation provides communications and payment services in the United States, the United Kingdom, and internationally. It operates through Fintech, National Retail Solutions, net2phone, and Traditional Communications segments. The company operates point of sale, a terminal-based platform which provides independent retailers store management software, electronic payment processing, and other ancillary merchant services; and provides marketers with digital out-of-home advertising and transaction data.