AudioCodes Company Profile (NASDAQ:AUDC)

About AudioCodes (NASDAQ:AUDC)

AudioCodes logoAudioCodes Ltd. designs, develops and sells Voice over-Internet Protocol (VoIP) and converged VoIP, and data networking solutions, products and applications that facilitate Unified Communications (UC) and Contact Center (CC) services. The Company categorizes its products and services into two main business lines: network and technology. Network products consist of customer premises equipment (CPE), gateways for the enterprise and service provider (or carrier) markets and of carrier-grade-oriented low- and mid-density media gateways for service providers and Enterprise Session Border Controls (ESBCs). Complementing its media gateways and session border gateways as network products are its multi-service business routers (MSBR), Internet Protocol (IP) phones, media servers, mobile VoIP solutions and value added application products. Technology products consist of its chips and boards business products. Its products are deployed in enterprise, service provider cloud networks.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:AUDC
  • CUSIP: N/A
  • Web: www.audiocodes.com
Capitalization:
  • Market Cap: $218.78 million
  • Outstanding Shares: 31,986,000
Average Prices:
  • 50 Day Moving Avg: $6.59
  • 200 Day Moving Avg: $6.45
  • 52 Week Range: $3.68 - $7.26
P/E:
  • Trailing P/E Ratio: 13.37
  • Foreward P/E Ratio: 17.54
  • P/E Growth: 0.80
Sales & Book Value:
  • Annual Revenue: $148.19 million
  • Price / Sales: 1.48
  • Book Value: $3.29 per share
  • Price / Book: 2.08
Profitability:
  • EBIDTA: $9.96 million
  • Net Margins: 11.15%
  • Return on Equity: 6.44%
  • Return on Assets: 3.87%
Debt:
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 1.78%
  • Quick Ratio: 1.42%
Misc:
  • Average Volume: 93,411 shs.
  • Beta: 0.59
  • Short Ratio: 0.15
 

Frequently Asked Questions for AudioCodes (NASDAQ:AUDC)

What is AudioCodes' stock symbol?

AudioCodes trades on the NASDAQ under the ticker symbol "AUDC."

How will AudioCodes' stock buyback program work?

AudioCodes announced that its board has initiated a stock repurchase plan on Monday, April 10th 2017, which authorizes the company to repurchase $15,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 6.8% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

How were AudioCodes' earnings last quarter?

AudioCodes Ltd. (NASDAQ:AUDC) announced its earnings results on Wednesday, April, 26th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. The business earned $37.40 million during the quarter, compared to analysts' expectations of $36.78 million. AudioCodes had a net margin of 11.15% and a return on equity of 6.44%. The company's revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.04 earnings per share. View AudioCodes' Earnings History.

When will AudioCodes make its next earnings announcement?

AudioCodes is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for AudioCodes.

Where is AudioCodes' stock going? Where will AudioCodes' stock price be in 2017?

4 brokerages have issued 1 year price targets for AudioCodes' shares. Their forecasts range from $8.00 to $8.00. On average, they expect AudioCodes' stock price to reach $8.00 in the next year. View Analyst Ratings for AudioCodes.

What are analysts saying about AudioCodes stock?

Here are some recent quotes from research analysts about AudioCodes stock:

  • 1. According to Zacks Investment Research, "AUDIOCODES LTD designs, develops and markets enabling technologies and communication components for the transmission of voice, fax and modem over packet networks. Newly developed Voice over IP gateways as well as DSL and ATM access devices, enable packet networks to carry voice and data more efficiently and at lower cost than traditional telephone networks. They are a provider of voice over packet communication components that empower the development of equipment for these emerging markets. " (5/2/2017)
  • 2. Needham & Company LLC analysts commented, "AUDC reported solid 4Q16 results and provided initial 2017 guidance ~in line w/consensus, but we think with some room for upside. The company's UC SIP business, which has significant exposure to Skype for Business (SfB), showed strong growth and is forecast to see 20% y/y growth in '17 as it benefits from accelerating deployment of the SfB CloudPBX option. While the company's declining media gateway business remains a headwind, it showed encouraging stabilization in C2H16 and continues to drop as a percent of revenue. AUDC shares have had a strong move over the last year, but at 12-13x ex-cash C'18 NG EPS are still not expensive, in our opinion. We maintain our Buy rating while increasing our PT to $8 (was $6), or ~16-17x our new ex-cash C2018 NG EPS estimates." (1/31/2017)

Who are some of AudioCodes' key competitors?

Who owns AudioCodes stock?

AudioCodes' stock is owned by a variety of of retail and institutional investors. Top institutional investors include MORGAN STANLEY (5.00%), Morgan Stanley (0.00%), Acadian Asset Management LLC (2.01%), Vanguard Group Inc. (0.00%), Renaissance Technologies LLC (0.00%) and Mckinley Capital Management LLC Delaware (0.00%). View Institutional Ownership Trends for AudioCodes.

Who sold AudioCodes stock? Who is selling AudioCodes stock?

AudioCodes' stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, Geode Capital Management LLC, Oppenheimer & Co. Inc., Driehaus Capital Management LLC and ClariVest Asset Management LLC. View Insider Buying and Selling for AudioCodes.

Who bought AudioCodes stock? Who is buying AudioCodes stock?

AudioCodes' stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Acadian Asset Management LLC, State of Tennessee Treasury Department, Russell Investments Group Ltd., First Trust Advisors LP, Eagle Global Advisors LLC, O Shaughnessy Asset Management LLC and Vanguard Group Inc.. View Insider Buying and Selling for AudioCodes.

How do I buy AudioCodes stock?

Shares of AudioCodes can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of AudioCodes stock cost?

One share of AudioCodes stock can currently be purchased for approximately $6.84.

Analyst Ratings

Consensus Ratings for AudioCodes (NASDAQ:AUDC) (?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $8.00 (16.96% upside)

Analysts' Ratings History for AudioCodes (NASDAQ:AUDC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/1/2017Northland SecuritiesDowngradeOutperform -> Market PerformN/AView Rating Details
1/31/2017Needham & Company LLCBoost Price TargetBuy$6.00 -> $8.00N/AView Rating Details
10/26/2016William BlairReiterated RatingBuyN/AView Rating Details
7/28/2016Drexel HamiltonReiterated RatingHoldN/AView Rating Details
(Data available from 5/22/2015 forward)

Earnings

Earnings History for AudioCodes (NASDAQ:AUDC)
Earnings by Quarter for AudioCodes (NASDAQ:AUDC)
Earnings History by Quarter for AudioCodes (NASDAQ:AUDC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2017        
4/26/20173/31/2017$0.05$0.06$36.78 million$37.40 millionViewN/AView Earnings Details
1/31/2017Q416$0.08$0.08$38.23 million$37.80 millionViewN/AView Earnings Details
11/1/2016Q316$0.04$0.07$37.03 million$37.20 millionViewN/AView Earnings Details
7/26/2016Q216$0.04$0.06$35.38 million$35.90 millionViewListenView Earnings Details
5/3/2016Q116$0.04$0.04$33.71 million$34.80 millionViewN/AView Earnings Details
1/26/2016Q415$0.05$0.07$35.66 million$35.60 millionViewListenView Earnings Details
11/3/2015Q315$0.02$0.03$33.85 million$34.20 millionViewN/AView Earnings Details
7/28/2015Q215($0.02)($0.03)$34.19 million$32.40 millionViewListenView Earnings Details
4/28/2015Q115$0.03$0.03$38.64 million$37.50 millionViewListenView Earnings Details
1/27/2015Q414$0.03$0.04$39.50 million$39.10 millionViewN/AView Earnings Details
10/30/2014Q314$0.05$0.04$38.32 million$38.90 millionViewN/AView Earnings Details
7/29/2014Q214$0.04$0.02$37.00 million$37.60 millionViewListenView Earnings Details
4/30/2014Q114$0.03$0.03$35.76 million$36.00 millionViewListenView Earnings Details
1/29/2014Q313$0.05$0.05$36.25 million$36.30 millionViewListenView Earnings Details
10/30/2013$0.03$0.04$34.78 million$35.00 millionViewListenView Earnings Details
7/30/2013Q2 2013$0.02$0.03$32.91 million$33.70 millionViewListenView Earnings Details
4/29/2013Q1 2013$0.01$0.02$32.64 million$32.30 millionViewN/AView Earnings Details
1/30/2013Q4 2012$0.01$0.03$32.93 million$32.80 millionViewN/AView Earnings Details
11/5/2012Q312($0.03)($0.01)$30.08 million$31.40 millionViewN/AView Earnings Details
7/24/2012($0.04)($0.04)ViewN/AView Earnings Details
5/7/2012$0.01($0.02)ViewN/AView Earnings Details
2/1/2012$0.04$0.04ViewN/AView Earnings Details
11/1/2011$0.04$0.01ViewN/AView Earnings Details
7/27/2011$0.10$0.12ViewN/AView Earnings Details
5/3/2011$0.10$0.10ViewN/AView Earnings Details
1/26/2011$0.11$0.11ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for AudioCodes (NASDAQ:AUDC)
2017 EPS Consensus Estimate: $0.23
2018 EPS Consensus Estimate: $0.31
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.05$0.05$0.05
Q2 20171$0.05$0.05$0.05
Q3 20171$0.06$0.06$0.06
Q4 20171$0.07$0.07$0.07
Q1 20181$0.06$0.06$0.06
Q2 20181$0.07$0.07$0.07
Q3 20181$0.08$0.08$0.08
Q4 20181$0.10$0.10$0.10
(Data provided by Zacks Investment Research)

Dividends

Dividend History for AudioCodes (NASDAQ:AUDC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for AudioCodes (NASDAQ:AUDC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for AudioCodes (NASDAQ:AUDC)
Latest Headlines for AudioCodes (NASDAQ:AUDC)
Source:
DateHeadline
nasdaq.com logoTechnology Sector Update for 05/16/2017: AUDC,XGTI,VRTU - Nasdaq
www.nasdaq.com - May 16 at 8:50 PM
finance.yahoo.com logoAudioCodes Receives Approval for Extension of Share Repurchase Program
finance.yahoo.com - May 16 at 12:27 PM
americanbankingnews.com logo$38.25 Million in Sales Expected for AudioCodes Ltd. (AUDC) This Quarter
www.americanbankingnews.com - May 11 at 10:14 AM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Expected to Announce Earnings of $0.05 Per Share
www.americanbankingnews.com - May 9 at 8:28 PM
finance.yahoo.com logoETFs with exposure to AudioCodes Ltd. : May 5, 2017
finance.yahoo.com - May 5 at 8:46 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 3 at 12:26 AM
americanbankingnews.com logoAudioCodes (AUDC) Receives News Sentiment Rating of 0.30
www.americanbankingnews.com - May 2 at 7:32 PM
americanbankingnews.com logoWilliam Blair Analysts Boost Earnings Estimates for AudioCodes Ltd. (AUDC)
www.americanbankingnews.com - May 1 at 8:35 AM
americanbankingnews.com logoAudioCodes (AUDC) Receiving Positive Media Coverage, Report Shows
www.americanbankingnews.com - April 29 at 9:58 AM
finance.yahoo.com logoAudioCodes Ltd. :AUDC-US: Earnings Analysis: Q1, 2017 By the Numbers : April 28, 2017
finance.yahoo.com - April 28 at 4:43 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 28 at 2:14 PM
streetinsider.com logoAudiocodes Ltd (AUDC) Reports In-Line Q1 EPS - StreetInsider.com
www.streetinsider.com - April 27 at 9:10 PM
finance.yahoo.com logoEdited Transcript of AUDC earnings conference call or presentation 26-Apr-17 12:00pm GMT
finance.yahoo.com - April 27 at 4:09 PM
americanbankingnews.com logoAudioCodes (AUDC) Getting Somewhat Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 26 at 4:54 PM
streetinsider.com logoAudiocodes Ltd (AUDC) Reports In-Line Q1 EPS
www.streetinsider.com - April 26 at 4:02 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Posts Earnings Results, Meets Expectations
www.americanbankingnews.com - April 26 at 12:12 PM
finance.yahoo.com logoAudioCodes Reports First Quarter 2017 Results
finance.yahoo.com - April 26 at 10:19 AM
finance.yahoo.com logoAudioCodes posts 1Q profit
finance.yahoo.com - April 26 at 10:19 AM
finance.yahoo.com logoETFs with exposure to AudioCodes Ltd. : April 24, 2017
finance.yahoo.com - April 24 at 3:45 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - April 24 at 8:18 AM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Expected to Announce Quarterly Sales of $36.65 Million
www.americanbankingnews.com - April 20 at 10:28 AM
americanbankingnews.com logo Analysts Expect AudioCodes Ltd. (AUDC) Will Announce Earnings of $0.05 Per Share
www.americanbankingnews.com - April 19 at 12:14 AM
americanbankingnews.com logoAudioCodes (AUDC) Earning Somewhat Favorable News Coverage, Report Shows
www.americanbankingnews.com - April 17 at 9:36 AM
finance.yahoo.com logoETFs with exposure to AudioCodes Ltd. : April 12, 2017
finance.yahoo.com - April 12 at 3:41 PM
finance.yahoo.com logoAudioCodes Ltd. :AUDC-US: Earnings Analysis: Q4, 2016 By the Numbers : April 11, 2017
finance.yahoo.com - April 11 at 3:45 PM
americanbankingnews.com logoAudioCodes (AUDC) to Repurchase $15 million in Outstanding Shares
www.americanbankingnews.com - April 10 at 9:14 AM
finance.yahoo.com logoAudioCodes Announces First Quarter 2017 Reporting Date
finance.yahoo.com - April 7 at 8:12 AM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - April 4 at 11:10 PM
finance.yahoo.com logoAudioCodes Introduces Huddle Room Solution for Skype for Business
finance.yahoo.com - March 27 at 9:19 AM
finance.yahoo.com logoAUDIOCODES LTD Financials
finance.yahoo.com - March 24 at 4:07 PM
us.rd.yahoo.com logoAudioCodes Announces Authorization of Additional Share Repurchase Program
us.rd.yahoo.com - March 22 at 9:18 PM
streetinsider.com logoAudiocodes Ltd (AUDC) Approves $15M Buyback Program - StreetInsider.com
www.streetinsider.com - March 22 at 4:16 PM
finance.yahoo.com logoAudioCodes Introduces Enterprise Voice Network Modernization Solution
finance.yahoo.com - March 13 at 3:50 PM
finance.yahoo.com logoCan AudioCodes (AUDC) Stock Continue to Grow Earnings?
finance.yahoo.com - February 17 at 6:25 PM
finance.yahoo.com logoAudioCodes (AUDC) Shares March Higher, Can It Continue?
finance.yahoo.com - February 16 at 8:37 AM
finance.yahoo.com logo3 Reasons Momentum Stock Investors Will Love AudioCodes (AUDC)
finance.yahoo.com - February 9 at 3:52 PM
nasdaq.com logoAudioCodes (AUDC) Worth a Look: Stock Moves 5.5% Higher - Nasdaq
www.nasdaq.com - February 7 at 9:40 PM
finance.yahoo.com logo9:08 am Audiocodes signs an outbound license and distribution agreement with Microsoft (MSFT) for Microsoft Cloud Connector Edition
finance.yahoo.com - February 6 at 3:46 PM
finance.yahoo.com logoAudiocodes downgraded by Northland Capital
finance.yahoo.com - February 1 at 3:50 PM
streetinsider.com logoAudiocodes Ltd (AUDC) Reports In-Line Q4 EPS
www.streetinsider.com - January 31 at 8:55 PM
us.rd.yahoo.com logoAudioCodes Reports Fourth Quarter and Full Year 2016 Results
us.rd.yahoo.com - January 31 at 8:55 PM
us.rd.yahoo.com logo3:27 am Audiocodes reports EPS in-line, misses on revs
us.rd.yahoo.com - January 31 at 8:55 PM
finance.yahoo.com logoEdited Transcript of AUDC earnings conference call or presentation 31-Jan-17 1:00pm GMT
finance.yahoo.com - January 31 at 8:55 PM
streetinsider.com logoAudiocodes Ltd (AUDC) Reports In-Line Q4 EPS - StreetInsider.com
www.streetinsider.com - January 31 at 3:55 PM
biz.yahoo.com logoQ4 2016 Audiocodes Ltd Earnings Release - Before Market Open
biz.yahoo.com - January 31 at 3:55 PM

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AudioCodes (AUDC) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by MarketBeat.com Staff