NASDAQ:AUDC AudioCodes (AUDC) Stock Forecast, Price & News $9.14 +0.20 (+2.24%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$9.00▼$9.3050-Day Range$8.07▼$15.0852-Week Range$8.05▼$24.58Volume224,916 shsAverage Volume311,381 shsMarket Capitalization$289.65 millionP/E Ratio15.23Dividend Yield3.94%Price Target$12.88 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media AudioCodes MarketRank™ ForecastAnalyst RatingHold1.67 Rating ScoreUpside/Downside40.9% Upside$12.88 Price TargetShort InterestHealthy0.54% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth115.38%From $0.26 to $0.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.04 out of 5 starsComputer And Technology Sector15th out of 609 stocksTelephone & Telegraph Apparatus Industry2nd out of 12 stocks 2.8 Analyst's Opinion Consensus RatingAudioCodes has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on 1 buy rating, no hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.88, AudioCodes has a forecasted upside of 40.9% from its current price of $9.14.Amount of Analyst CoverageAudioCodes has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.54% of the float of AudioCodes has been sold short.Short Interest Ratio / Days to CoverAudioCodes has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AudioCodes has recently decreased by 8.46%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipAudioCodes is a leading dividend payer. It pays a dividend yield of 4.03%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAudioCodes has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of AudioCodes is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, AudioCodes will have a dividend payout ratio of 64.29% next year. This indicates that AudioCodes will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AUDC. Previous Next 1.8 News and Social Media Coverage News SentimentAudioCodes has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for AudioCodes this week, compared to 2 articles on an average week.Search Interest9 people have searched for AUDC on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added AudioCodes to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AudioCodes insiders have not sold or bought any company stock.Percentage Held by Insiders48.80% of the stock of AudioCodes is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions44.42% of the stock of AudioCodes is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for AudioCodes are expected to grow by 115.38% in the coming year, from $0.26 to $0.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AudioCodes is 15.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.89.Price to Earnings Ratio vs. SectorThe P/E ratio of AudioCodes is 15.23, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 362.13.Price to Earnings Growth RatioAudioCodes has a PEG Ratio of 11.86. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAudioCodes has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About AudioCodes (NASDAQ:AUDC) StockAudioCodes Ltd. engages in the provision of communications software, products and productivity solutions for the digital workplace. The firm is involved in the development, manufacture, and market of products for transferring voice and data over the internet. Its products include products for Microsoft 365, session border controllers, multi-service business routers, meeting rooms, internet protocol phones, digital and analog media gateways, management products and solutions, and voice applications. The company was founded by Shabtai Adlersberg in 1992 and is headquartered in Lod, Israel.Read More Receive AUDC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AudioCodes and its competitors with MarketBeat's FREE daily newsletter. Email Address AUDC Stock News HeadlinesMay 28, 2023 | americanbankingnews.comAudioCodes (NASDAQ:AUDC) Releases FY 2023 Earnings GuidanceMay 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on AudioCodes (NASDAQ:AUDC)June 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 15, 2023 | finance.yahoo.comIs AudioCodes Ltd. (NASDAQ:AUDC) Trading At A 43% Discount?May 12, 2023 | msn.comBarclays Maintains Audiocodes (AUDC) Underweight RecommendationMay 11, 2023 | americanbankingnews.comAudioCodes (NASDAQ:AUDC) PT Lowered to $10.00May 10, 2023 | benzinga.comAudioCodes Reports First Quarter 2023 ResultsMay 10, 2023 | msn.comAudioCodes Earnings PreviewJune 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 10, 2023 | washingtonpost.comAudioCodes: Q1 Earnings SnapshotMay 10, 2023 | msn.comAudioCodes Q1 Earnings Miss Estimates, Plans To Terminate 6% Headcount ImmediatelyMay 10, 2023 | entrepreneur.com3 Tech Stocks Investors are BuyingMay 10, 2023 | markets.businessinsider.comBarclays Sticks to Their Sell Rating for Audiocodes (AUDC)May 10, 2023 | americanbankingnews.comAudioCodes (NASDAQ:AUDC) Price Target Cut to $9.00May 8, 2023 | americanbankingnews.comAudioCodes (AUDC) to Release Quarterly Earnings on TuesdayMay 1, 2023 | finance.yahoo.comWith 54% institutional ownership, AudioCodes Ltd. (NASDAQ:AUDC) is a favorite amongst the big gunsApril 24, 2023 | finance.yahoo.comAudioCodes Announces Filing of Form 20-F for the Fiscal Year Ended December 31, 2022April 20, 2023 | americanbankingnews.comShort Interest in AudioCodes Ltd. (NASDAQ:AUDC) Rises By 28.1%April 14, 2023 | americanbankingnews.comAudioCodes (NASDAQ:AUDC) Rating Lowered to Buy at StockNews.comApril 13, 2023 | msn.comNeedham Reiterates AudioCodes (AUDC) Buy RecommendationApril 13, 2023 | markets.businessinsider.comAnalyst Ratings for AudioCodesApril 13, 2023 | msn.comB of A Securities Downgrades AudioCodes (AUDC)April 12, 2023 | americanbankingnews.comAudioCodes (NASDAQ:AUDC) Stock Rating Lowered by Bank of AmericaApril 12, 2023 | americanbankingnews.comAudioCodes (NASDAQ:AUDC) Updates Q1 2023 Earnings GuidanceApril 11, 2023 | americanbankingnews.comAudioCodes' (AUDC) "Buy" Rating Reaffirmed at Needham & Company LLCApril 10, 2023 | americanbankingnews.comAudioCodes (NASDAQ:AUDC) Releases Q1 Earnings GuidanceApril 10, 2023 | finance.yahoo.comAudioCodes Announces Preliminary Range of Financial Results for First Quarter 2023See More Headlines AUDC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AUDC Company Calendar Last Earnings10/25/2021Ex-Dividend for 3/7 Dividend2/17/2023Dividend Payable3/07/2023Today6/03/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Telephone & telegraph apparatus Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:AUDC CUSIPN/A CIK1086434 Webwww.audiocodes.com Phone(723) 976-4105Fax972-3976-4040Employees885Year Founded1993Price Target and Rating Average Stock Price Forecast$12.88 High Stock Price Forecast$23.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+40.9%Consensus RatingHold Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.60 Trailing P/E Ratio15.23 Forward P/E Ratio35.15 P/E Growth11.86Net Income$28.47 million Net Margins7.34% Pretax Margin9.41% Return on Equity11.83% Return on Assets6.82% Debt Debt-to-Equity RatioN/A Current Ratio1.57 Quick Ratio1.12 Sales & Book Value Annual Sales$275.09 million Price / Sales1.05 Cash Flow$1.28 per share Price / Cash Flow7.13 Book Value$5.89 per share Price / Book1.55Miscellaneous Outstanding Shares31,690,000Free Float16,225,000Market Cap$289.65 million OptionableOptionable Beta0.59 Social Links Key ExecutivesShabtai AdlersbergPresident, Chief Executive Officer & DirectorOfer NimtsovichChief Operating OfficerNiran BaruchChief Financial Officer & Vice President-FinanceYair HevdeliVice President-Research & DevelopmentLior AldemaChief Business Officer & Executive Vice PresidentKey CompetitorsAkoustis TechnologiesNASDAQ:AKTSDZSNASDAQ:DZSINETGEARNASDAQ:NTGRClearfieldNASDAQ:CLFDRed VioletNASDAQ:RDVTView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Sold 4,160 shares on 5/22/2023Ownership: 0.484%JPMorgan Chase & Co.Bought 61,966 shares on 5/18/2023Ownership: 0.956%First Trust Advisors LPBought 11,883 shares on 5/16/2023Ownership: 0.190%State Street CorpBought 16,674 shares on 5/16/2023Ownership: 0.126%Susquehanna International Group LLPBought 17,800 shares on 5/16/2023Ownership: 0.000%View All Institutional Transactions AUDC Stock - Frequently Asked Questions Should I buy or sell AudioCodes stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AudioCodes in the last twelve months. There are currently 2 sell ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AUDC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AUDC, but not buy additional shares or sell existing shares. View AUDC analyst ratings or view top-rated stocks. What is AudioCodes' stock price forecast for 2023? 3 analysts have issued 1 year target prices for AudioCodes' shares. Their AUDC share price forecasts range from $9.00 to $23.00. On average, they predict the company's stock price to reach $12.88 in the next twelve months. This suggests a possible upside of 40.9% from the stock's current price. View analysts price targets for AUDC or view top-rated stocks among Wall Street analysts. How have AUDC shares performed in 2023? AudioCodes' stock was trading at $17.89 at the beginning of 2023. Since then, AUDC shares have decreased by 48.9% and is now trading at $9.14. View the best growth stocks for 2023 here. Are investors shorting AudioCodes? AudioCodes saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 125,500 shares, a decline of 8.5% from the April 30th total of 137,100 shares. Based on an average daily trading volume, of 211,800 shares, the short-interest ratio is currently 0.6 days. Approximately 0.5% of the shares of the stock are sold short. View AudioCodes' Short Interest. When is AudioCodes' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our AUDC earnings forecast. How were AudioCodes' earnings last quarter? AudioCodes Ltd. (NASDAQ:AUDC) posted its quarterly earnings data on Monday, October, 25th. The communications equipment provider reported $0.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.06. The communications equipment provider had revenue of $63.41 million for the quarter, compared to the consensus estimate of $62.55 million. AudioCodes had a net margin of 7.34% and a trailing twelve-month return on equity of 11.83%. During the same quarter in the prior year, the firm posted $0.33 EPS. How often does AudioCodes pay dividends? What is the dividend yield for AudioCodes? AudioCodes announced a Semi-Annual dividend on Tuesday, February 7th. Investors of record on Tuesday, February 21st will be paid a dividend of $0.18 per share on Tuesday, March 7th. This represents a yield of 2%. The ex-dividend date is Friday, February 17th. Read our dividend analysis for AUDC. What ETFs hold AudioCodes' stock? ETFs with the largest weight of AudioCodes (NASDAQ:AUDC) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL), ERShares NextGen Entrepreneurs ETF (ERSX), BlueStar Israel Technology ETF (ITEQ), VanEck Israel ETF (ISRA), First Trust NASDAQ Technology Dividend Index Fund (TDIV), Carbon Collective Climate Solutions U.S. Equity ETF (CCSO). Is AudioCodes a good dividend stock? AudioCodes (NASDAQ:AUDC) pays an annual dividend of $0.36 per share and currently has a dividend yield of 4.03%. AUDC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AUDC will have a dividend payout ratio of 64.29% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AUDC. What guidance has AudioCodes issued on next quarter's earnings? AudioCodes updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of $0.50-$0.70 for the period, compared to the consensus earnings per share estimate of $1.00. The company issued revenue guidance of $240.00 million-$250.00 million, compared to the consensus revenue estimate of $244.45 million. What is Shabtai Adlersberg's approval rating as AudioCodes' CEO? 37 employees have rated AudioCodes Chief Executive Officer Shabtai Adlersberg on Glassdoor.com. Shabtai Adlersberg has an approval rating of 79% among the company's employees. 87.0% of employees surveyed would recommend working at AudioCodes to a friend. What other stocks do shareholders of AudioCodes own? Based on aggregate information from My MarketBeat watchlists, some companies that other AudioCodes investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), AT&T (T), Intel (INTC), General Electric (GE), Pfizer (PFE), Walt Disney (DIS), Verizon Communications (VZ) and Energy Transfer (ET). What is AudioCodes' stock symbol? AudioCodes trades on the NASDAQ under the ticker symbol "AUDC." Who are AudioCodes' major shareholders? AudioCodes' stock is owned by a number of retail and institutional investors. Top institutional investors include Global Alpha Capital Management Ltd. (6.82%), William Blair Investment Management LLC (4.77%), Copeland Capital Management LLC (3.94%), Acadian Asset Management LLC (2.66%), JPMorgan Chase & Co. (0.96%) and Crawford Investment Counsel Inc. (0.81%). How do I buy shares of AudioCodes? Shares of AUDC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is AudioCodes' stock price today? One share of AUDC stock can currently be purchased for approximately $9.14. How much money does AudioCodes make? AudioCodes (NASDAQ:AUDC) has a market capitalization of $289.65 million and generates $275.09 million in revenue each year. The communications equipment provider earns $28.47 million in net income (profit) each year or $0.60 on an earnings per share basis. How many employees does AudioCodes have? The company employs 885 workers across the globe. Does AudioCodes have any subsidiaries? The following companies are subsidiares of AudioCodes: AUDIOCODES AUSTRALIA PTY LTD, AUDIOCODES EUROPE LTD, AUDIOCODES ITALY SRL IN FORMA ABBREVIATA AUDIOCODES ITALY SRL, AUDIOCODES JAPAN K.K., AUDIOKOUDZ RUSS OOO, Ai-Logix Inc, Audio Codes Inc, Audiocodes Inc., C.T.I. SQUARED LTD, N.S.C. NATURAL SPEECH COMMUNICATION LTD., NUERA COMMUNICATIONS SINGAPORE PTE LTD, and Nuera Communications Inc.Read More How can I contact AudioCodes? AudioCodes' mailing address is 1 HAYARDEN STREET, AIRPORT CITY LOD ISRAEL L3, 70100. The official website for the company is www.audiocodes.com. The communications equipment provider can be reached via phone at (723) 976-4105, via email at bbaxter@symbilitysolutions.com, or via fax at 972-3976-4040. This page (NASDAQ:AUDC) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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