IDT (NYSE:IDT) Reaches New 12-Month High – What’s Next?

IDT Corporation (NYSE:IDT) shares reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as $76.55 and last traded at $74.48, with a volume of 86855 shares trading hands. The stock had previously closed at $69.56.

IDT News Summary

Here are the key news stories impacting IDT this week:

• Positive Sentiment: Strong quarterly performance: Fourth-quarter revenue rose 7% year over year to $339.0 million, exceeding the $319.0 million consensus estimate. Gross profit increased 18% to $134.8 million, operating income jumped 52% to $33.2 million, net income attributable to IDT rose 29% to $21.7 million, and adjusted EBITDA grew 22% to $41.2 million. IDT Corporation Reports Record Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: Growth businesses delivered: National Retail Solutions revenue rose 31% and adjusted EBITDA increased 47%; fintech revenue grew 12% with a 17% adjusted EBITDA gain; and net2phone subscription revenue rose 10%, while its adjusted EBITDA increased 26%. Management also said net2phone is approaching a $100 million annual recurring revenue milestone.
• Positive Sentiment: Raised fiscal 2027 outlook: IDT expects fiscal 2027 gross profit of $545 million to $555 million and adjusted EBITDA of $176 million to $180 million, up from $154.6 million in fiscal 2026. The company also has $271.9 million in unrestricted cash and investments, no debt, and declared a quarterly dividend of $0.07 per share. IDT lifts FY 2027 guidance after record year
• Neutral Sentiment: Full-year results were solid but mixed: Fiscal 2026 revenue increased 5% to $1.298 billion, net income rose 14% to $86.6 million, and adjusted EBITDA grew 17% to $154.6 million. However, traditional communications revenue grew only 1%, while full-year gross profit and operating income in that segment declined 4% and 5%, respectively.
• Negative Sentiment: Quarterly EPS missed expectations: Reported adjusted diluted EPS was $0.94, below the $0.98 consensus estimate, despite the revenue beat. Investors may also be cautious about reduced adjusted operating cash flow, which fell to $60.9 million for fiscal 2026 from $107.8 million, largely because of working-capital needs related to BOSS Money.
• Negative Sentiment: Insider selling is a secondary concern: Company insiders reported 12 open-market sales and no purchases over the past six months. This does not change the earnings outlook but may temper investor sentiment after the stock’s recent advance.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of IDT in a report on Tuesday, September 22nd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

IDT Trading Up 5.7%

The company has a market cap of $1.83 billion, a price-to-earnings ratio of 22.52 and a beta of 0.62. The business’s 50 day moving average price is $67.49 and its 200-day moving average price is $58.35.

IDT (NYSE:IDT) last announced its quarterly earnings results on Monday, September 28th. The utilities provider reported $0.94 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.04). IDT had a net margin of 6.41% and a return on equity of 24.36%. The company had revenue of $338.98 million during the quarter, compared to analyst estimates of $319.00 million.

IDT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Monday, October 5th will be paid a $0.07 dividend. The ex-dividend date is Monday, October 5th. This represents a $0.28 annualized dividend and a yield of 0.4%. IDT’s payout ratio is 8.56%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC bought a new stake in shares of IDT in the second quarter valued at about $25,000. Allworth Financial LP increased its position in IDT by 531.1% during the second quarter. Allworth Financial LP now owns 568 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 478 shares during the period. Nykredit A S acquired a new stake in IDT in the 2nd quarter worth about $32,000. Bank of New York Mellon Corp boosted its holdings in IDT by 0.9% in the 1st quarter. Bank of New York Mellon Corp now owns 117,607 shares of the utilities provider’s stock valued at $5,774,000 after purchasing an additional 1,088 shares during the period. Finally, Corient Private Wealth LP bought a new stake in IDT in the 2nd quarter valued at about $252,000. Institutional investors own 59.34% of the company’s stock.

About IDT

IDT Corporation is a telecommunications and financial technology company that provides communications, payment and business services to consumers, small businesses and retail customers. The company operates through brands and businesses focused on international calling, mobile top-ups, money transfers, cloud communications and retail technology.

Its BOSS Revolution platform offers international calling, prepaid wireless services, mobile recharging and international money transfers, primarily serving immigrant and international communities.