About AudioCodes (NASDAQ:AUDC)
AudioCodes 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
- Market Cap: $218.78 million
- Outstanding Shares: 31,986,000
- 50 Day Moving Avg: $6.59
- 200 Day Moving Avg: $6.45
- 52 Week Range: $3.68 - $7.26
Sales & Book Value:
- Trailing P/E Ratio: 13.37
- Foreward P/E Ratio: 17.54
- P/E Growth: 0.80
- Annual Revenue: $148.19 million
- Price / Sales: 1.48
- Book Value: $3.29 per share
- Price / Book: 2.08
- EBIDTA: $9.96 million
- Net Margins: 11.15%
- Return on Equity: 6.44%
- Return on Assets: 3.87%
- Debt-to-Equity Ratio: 0.08%
- Current Ratio: 1.78%
- Quick Ratio: 1.42%
- 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?
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?
Some companies that are related to AudioCodes include Harmonic (HLIT), ShoreTel (SHOR), Sonus Networks (SONS), Calix (CALX), Comtech Telecomm. Corp. (CMTL), Gilat Satellite Networks (GILT), Exfo (EXFO), Ceragon Networks Ltd (CRNT), Aerohive Networks (HIVE), Clearfield (CLFD), Allot Communications Ltd (ALLT), KVH Industries (KVHI), TESSCO Technologies (TESS), Aviat Networks (AVNW), ClearOne Incoprorated (CLRO), Pointer Telocation Ltd (PNTR), I.D. Systems (IDSY) and Numerex Corp. (NMRX).
Who owns AudioCodes stock?
AudioCodes' stock is owned by a variety of of retail and institutional investors. Top institutional investors include
(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.
Earnings History for AudioCodes (NASDAQ:AUDC)Earnings History by Quarter for AudioCodes (NASDAQ:AUDC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017|| || || || || || || || |
|4/26/2017||3/31/2017||$0.05||$0.06||$36.78 million||$37.40 million||View||N/A|
|1/31/2017||Q416||$0.08||$0.08||$38.23 million||$37.80 million||View||N/A|
|11/1/2016||Q316||$0.04||$0.07||$37.03 million||$37.20 million||View||N/A|
|7/26/2016||Q216||$0.04||$0.06||$35.38 million||$35.90 million||View||Listen|
|5/3/2016||Q116||$0.04||$0.04||$33.71 million||$34.80 million||View||N/A|
|1/26/2016||Q415||$0.05||$0.07||$35.66 million||$35.60 million||View||Listen|
|11/3/2015||Q315||$0.02||$0.03||$33.85 million||$34.20 million||View||N/A|
|7/28/2015||Q215||($0.02)||($0.03)||$34.19 million||$32.40 million||View||Listen|
|4/28/2015||Q115||$0.03||$0.03||$38.64 million||$37.50 million||View||Listen|
|1/27/2015||Q414||$0.03||$0.04||$39.50 million||$39.10 million||View||N/A|
|10/30/2014||Q314||$0.05||$0.04||$38.32 million||$38.90 million||View||N/A|
|7/29/2014||Q214||$0.04||$0.02||$37.00 million||$37.60 million||View||Listen|
|4/30/2014||Q114||$0.03||$0.03||$35.76 million||$36.00 million||View||Listen|
|1/29/2014||Q313||$0.05||$0.05||$36.25 million||$36.30 million||View||Listen|
|10/30/2013||$0.03||$0.04||$34.78 million||$35.00 million||View||Listen|
|7/30/2013||Q2 2013||$0.02||$0.03||$32.91 million||$33.70 million||View||Listen|
|4/29/2013||Q1 2013||$0.01||$0.02||$32.64 million||$32.30 million||View||N/A|
|1/30/2013||Q4 2012||$0.01||$0.03||$32.93 million||$32.80 million||View||N/A|
|11/5/2012||Q312||($0.03)||($0.01)||$30.08 million||$31.40 million||View||N/A|
Earnings Estimates for AudioCodes (NASDAQ:AUDC)
2017 EPS Consensus Estimate: $0.23
2018 EPS Consensus Estimate: $0.31
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for AudioCodes (NASDAQ:AUDC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for AudioCodes (NASDAQ:AUDC)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for AudioCodes (NASDAQ:AUDC)
Latest Headlines for AudioCodes (NASDAQ:AUDC)
|Technology Sector Update for 05/16/2017: AUDC,XGTI,VRTU - Nasdaq|
www.nasdaq.com - May 16 at 8:50 PM
|AudioCodes Receives Approval for Extension of Share Repurchase Program|
finance.yahoo.com - May 16 at 12:27 PM
|$38.25 Million in Sales Expected for AudioCodes Ltd. (AUDC) This Quarter|
www.americanbankingnews.com - May 11 at 10:14 AM
|AudioCodes Ltd. (AUDC) Expected to Announce Earnings of $0.05 Per Share|
www.americanbankingnews.com - May 9 at 8:28 PM
|ETFs with exposure to AudioCodes Ltd. : May 5, 2017|
finance.yahoo.com - May 5 at 8:46 PM
|AudioCodes Ltd. (AUDC) Lifted to "Buy" at Zacks Investment Research|
www.americanbankingnews.com - May 3 at 12:26 AM
|AudioCodes (AUDC) Receives News Sentiment Rating of 0.30|
www.americanbankingnews.com - May 2 at 7:32 PM
|William Blair Analysts Boost Earnings Estimates for AudioCodes Ltd. (AUDC)|
www.americanbankingnews.com - May 1 at 8:35 AM
|AudioCodes (AUDC) Receiving Positive Media Coverage, Report Shows|
www.americanbankingnews.com - April 29 at 9:58 AM
|AudioCodes Ltd. :AUDC-US: Earnings Analysis: Q1, 2017 By the Numbers : April 28, 2017|
finance.yahoo.com - April 28 at 4:43 PM
|AudioCodes Ltd. (AUDC) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - April 28 at 2:14 PM
|Audiocodes Ltd (AUDC) Reports In-Line Q1 EPS - StreetInsider.com|
www.streetinsider.com - April 27 at 9:10 PM
|Edited Transcript of AUDC earnings conference call or presentation 26-Apr-17 12:00pm GMT|
finance.yahoo.com - April 27 at 4:09 PM
|AudioCodes (AUDC) Getting Somewhat Positive News Coverage, Analysis Shows|
www.americanbankingnews.com - April 26 at 4:54 PM
|Audiocodes Ltd (AUDC) Reports In-Line Q1 EPS|
www.streetinsider.com - April 26 at 4:02 PM
|AudioCodes Ltd. (AUDC) Posts Earnings Results, Meets Expectations|
www.americanbankingnews.com - April 26 at 12:12 PM
|AudioCodes Reports First Quarter 2017 Results|
finance.yahoo.com - April 26 at 10:19 AM
|AudioCodes posts 1Q profit|
finance.yahoo.com - April 26 at 10:19 AM
|ETFs with exposure to AudioCodes Ltd. : April 24, 2017|
finance.yahoo.com - April 24 at 3:45 PM
|AudioCodes Ltd. (AUDC) Set to Announce Quarterly Earnings on Wednesday|
www.americanbankingnews.com - April 24 at 8:18 AM
|AudioCodes Ltd. (AUDC) Expected to Announce Quarterly Sales of $36.65 Million|
www.americanbankingnews.com - April 20 at 10:28 AM
| Analysts Expect AudioCodes Ltd. (AUDC) Will Announce Earnings of $0.05 Per Share|
www.americanbankingnews.com - April 19 at 12:14 AM
|AudioCodes (AUDC) Earning Somewhat Favorable News Coverage, Report Shows|
www.americanbankingnews.com - April 17 at 9:36 AM
|ETFs with exposure to AudioCodes Ltd. : April 12, 2017|
finance.yahoo.com - April 12 at 3:41 PM
|AudioCodes Ltd. :AUDC-US: Earnings Analysis: Q4, 2016 By the Numbers : April 11, 2017|
finance.yahoo.com - April 11 at 3:45 PM
|AudioCodes (AUDC) to Repurchase $15 million in Outstanding Shares|
www.americanbankingnews.com - April 10 at 9:14 AM
|AudioCodes Announces First Quarter 2017 Reporting Date|
finance.yahoo.com - April 7 at 8:12 AM
|AudioCodes Ltd. (AUDC) Cut to Hold at Zacks Investment Research|
www.americanbankingnews.com - April 4 at 11:10 PM
|AudioCodes Introduces Huddle Room Solution for Skype for Business|
finance.yahoo.com - March 27 at 9:19 AM
|AUDIOCODES LTD Financials|
finance.yahoo.com - March 24 at 4:07 PM
|AudioCodes Announces Authorization of Additional Share Repurchase Program|
us.rd.yahoo.com - March 22 at 9:18 PM
|Audiocodes Ltd (AUDC) Approves $15M Buyback Program - StreetInsider.com|
www.streetinsider.com - March 22 at 4:16 PM
|AudioCodes Introduces Enterprise Voice Network Modernization Solution|
finance.yahoo.com - March 13 at 3:50 PM
|Can AudioCodes (AUDC) Stock Continue to Grow Earnings?|
finance.yahoo.com - February 17 at 6:25 PM
|AudioCodes (AUDC) Shares March Higher, Can It Continue?|
finance.yahoo.com - February 16 at 8:37 AM
|3 Reasons Momentum Stock Investors Will Love AudioCodes (AUDC)|
finance.yahoo.com - February 9 at 3:52 PM
|AudioCodes (AUDC) Worth a Look: Stock Moves 5.5% Higher - Nasdaq|
www.nasdaq.com - February 7 at 9:40 PM
|9:08 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
|Audiocodes downgraded by Northland Capital|
finance.yahoo.com - February 1 at 3:50 PM
|Audiocodes Ltd (AUDC) Reports In-Line Q4 EPS|
www.streetinsider.com - January 31 at 8:55 PM
|AudioCodes Reports Fourth Quarter and Full Year 2016 Results|
us.rd.yahoo.com - January 31 at 8:55 PM
|3:27 am Audiocodes reports EPS in-line, misses on revs|
us.rd.yahoo.com - January 31 at 8:55 PM
|Edited Transcript of AUDC earnings conference call or presentation 31-Jan-17 1:00pm GMT|
finance.yahoo.com - January 31 at 8:55 PM
|Audiocodes Ltd (AUDC) Reports In-Line Q4 EPS - StreetInsider.com|
www.streetinsider.com - January 31 at 3:55 PM
|Q4 2016 Audiocodes Ltd Earnings Release - Before Market Open|
biz.yahoo.com - January 31 at 3:55 PM
AudioCodes (AUDC) Chart for Monday, May, 22, 2017