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Isracard (TASE:ISCD) Stock Price Slumps Despite Return To Profit

Isracard (TASE:ISCD) Stock Price Slumps Despite Return To Profit

Isracard came into this earnings release with a bruised share price. The stock is down about 28% over the past three months, despite the company reporting a 12 month period of profitability and trading on a P/E of 14.6x. The expectation gap is clear. The market has been treating Isracard like a problem story, while the latest quarter shows Basic EPS of ₪0.25 on revenue of ₪871m and net income of ₪80m. The core question now is how investors weigh that profit line against the company’s debt load and recent dilution.

Love that Isracard is still profitable but concerned about the recent share price slide and questions around balance sheet strength? Take a look at our screener of list of solid balance sheet and fundamentals stocks…

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