IDT stock soars to 52-week high, reaching $63.55

In a remarkable display of market confidence, IDT Corporation’s stock has surged to a 52-week high, with shares trading at an impressive $63.55. According to InvestingPro data, the company maintains strong financial health with an overall score of 3.1 out of 4, rated as "GREAT." This peak reflects a significant uptrend for the telecommunications and payment services company, which has seen a substantial 65.49% increase in its stock value over the past year. With a P/E ratio of 14.75 and trading near its Fair Value according to InvestingPro analysis, IDT shows robust fundamentals, including a healthy current ratio of 1.66 and minimal debt. Investors have responded positively to IDT’s strategic initiatives and growth in its core business areas, propelling the stock to new heights and signaling strong future prospects for the company. The 52-week high milestone underscores the robust performance and investor optimism surrounding IDT’s market position and financial health. InvestingPro has identified 12 additional investment tips for IDT, including its strong cash position and impressive returns across multiple timeframes. Subscribers can access the comprehensive Pro Research Report for deeper insights into IDT’s valuation and growth prospects.

In other recent news, IDT Corporation reported a robust financial performance for Q2 2025, marked by significant growth in income, adjusted EBITDA, and earnings per share (EPS). The company’s income from operations rose by 133% year-over-year, while EPS surged by 290%, indicating a strong profitability trend. Additionally, the gross profit margin reached a record high of 37.1%. IDT has also seen a 40% year-over-year increase in digital remittance transactions, showcasing its focus on digital growth. In terms of cash flow, the company increased its cash and equivalents to $224 million from $171 million.

Furthermore, IDT is actively exploring mergers and acquisitions (M&A) opportunities and investments in organic growth, particularly within digital channels. Analysts from firms such as Morum Capital have shown interest in IDT’s growth strategies, including the integration of food delivery platforms and AI innovations. The company remains on track to meet its full-year adjusted EBITDA target of $126 million. IDT’s management has emphasized a prudent financial strategy, avoiding debt for share buybacks, which reflects a careful approach to capital allocation.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.