NASDAQ:AUDC AudioCodes - AUDC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding AudioCodes Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. $14.32 -0.16 (-1.10%) (As of 03/22/2023 05:24 PM ET) Add Compare Share Share Today's Range$14.32▼$14.7050-Day Range$14.17▼$20.4452-Week Range$13.86▼$27.56Volume96,815 shsAverage Volume105,718 shsMarket Capitalization$453.03 millionP/E Ratio16.46Dividend Yield2.51%Price Target$21.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media AudioCodes MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside50.7% Upside$21.75 Price TargetShort InterestHealthy0.30% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.85Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth10.28%From $1.07 to $1.18 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.2.97 out of 5 starsComputer And Technology Sector41st out of 601 stocksTelephone & Telegraph Apparatus Industry2nd out of 11 stocks 3.0 Analyst's Opinion Consensus RatingAudioCodes has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.75, AudioCodes has a forecasted upside of 50.7% from its current price of $14.43.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 Shorted0.30% of the float of AudioCodes has been sold short.Short Interest Ratio / Days to CoverAudioCodes has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AudioCodes has recently decreased by 5.38%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldAudioCodes pays a meaningful dividend of 2.54%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAudioCodes has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of AudioCodes is 41.38%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, AudioCodes will have a dividend payout ratio of 30.51% 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 2.7 News and Social Media Coverage News SentimentAudioCodes has a news sentiment score of 0.85. 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 higher news sentiment than the 0.37 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for AudioCodes this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for AUDC on MarketBeat in the last 30 days. This is a decrease of -75% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for AudioCodes are expected to grow by 10.28% in the coming year, from $1.07 to $1.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AudioCodes is 16.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.65.Price to Earnings Ratio vs. SectorThe P/E ratio of AudioCodes is 16.59, 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 330.19.Price to Earnings Growth RatioAudioCodes has a PEG Ratio of 2.13. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAudioCodes has a P/B Ratio of 2.41. 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. is engaged in the provision of communications software, products and productivity solutions for the digital workplace. The firm involves 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 HeadlinesMarch 21, 2023 | stocknews.com3 Stocks You'll Want to Buy and Hold ForeverMarch 17, 2023 | stocknews.com3 Tech Stocks Under $20 to Buy Right NowMarch 22, 2023 | Investing Daily (Ad)How This Trader Banked A 97% Win RateDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. March 17, 2023 | americanbankingnews.comAudioCodes (NASDAQ:AUDC) Now Covered by StockNews.comMarch 16, 2023 | stocknews.comThe No.1 Tech Stock to Buy in 2023March 16, 2023 | americanbankingnews.comAudioCodes Ltd. (NASDAQ:AUDC) Sees Significant Decline in Short InterestMarch 13, 2023 | stocknews.com3 Tech Stocks to Watch Closely in 2023February 27, 2023 | stocknews.comNokia, Juniper and 1 Other Tech Stock to Buy in FebruaryMarch 22, 2023 | Investing Daily (Ad)How This Trader Banked A 97% Win RateDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. February 12, 2023 | finance.yahoo.comAudioCodes Ltd. (NASDAQ:AUDC) Stock Goes Ex-Dividend In Just Four DaysFebruary 11, 2023 | finance.yahoo.comAudioCodes (NASDAQ:AUDC) Will Pay A Dividend Of $0.18February 8, 2023 | finance.yahoo.comAudioCodes Ltd. (NASDAQ:AUDC) Q4 2022 Earnings Call TranscriptFebruary 5, 2023 | finance.yahoo.comIs AudioCodes Ltd.'s (NASDAQ:AUDC) Recent Stock Performance Tethered To Its Strong Fundamentals?February 3, 2023 | stocknews.com1 No-Brainer Nasdaq Stocks to Buy Right NowJanuary 23, 2023 | stocknews.comThe #1 Stock to Buy for 2023January 19, 2023 | stocknews.comThe Best Tech Stock to Buy on Wall Street Right NowJanuary 11, 2023 | stocknews.comThe 3 Best Stocks to Buy Right Now With $20January 9, 2023 | stocknews.com1 High-Yield Dividend Stock to Add to Your Portfolio for Passive IncomeJanuary 4, 2023 | finance.yahoo.comAudioCodes Announces Fourth Quarter and Full Year 2022 Reporting DateDecember 28, 2022 | stocknews.com3 Tech Stocks to Buy This January and 1 to SellDecember 14, 2022 | stocknews.comCould Cisco Systems Stock Help You Retire Early?December 9, 2022 | finance.yahoo.comImplied Volatility Surging for AudioCodes (AUDC) Stock OptionsNovember 22, 2022 | finance.yahoo.comWith 51% ownership of the shares, AudioCodes Ltd. (NASDAQ:AUDC) is heavily dominated by institutional ownersNovember 21, 2022 | stocknews.com1 Tech Stock to Buy This Week for Under $50November 11, 2022 | finance.yahoo.com3 Communication Stocks Likely to Ride on Solid Demand TrendsNovember 8, 2022 | finance.yahoo.comAudioCodes Third Quarter 2022 Earnings: EPS Misses ExpectationsNovember 2, 2022 | finance.yahoo.comAudioCodes (AUDC) Q3 Earnings and Revenues Lag EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings10/25/2021Ex-Dividend for 3/7 Dividend2/17/2023Dividend Payable3/07/2023Today3/22/2023Next Earnings (Estimated)5/01/2023Fiscal 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) 976-4000Fax972-3976-4040Employees885Year Founded1993Price Target and Rating Average Stock Price Forecast$21.75 High Stock Price Forecast$25.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+49.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.87 Trailing P/E Ratio16.70 Forward P/E Ratio13.58 P/E Growth2.13Net Income$28.47 million Net Margins10.35% Pretax Margin12.43% Return on Equity16.58% Return on Assets9.56% Debt Debt-to-Equity RatioN/A Current Ratio1.59 Quick Ratio1.20 Sales & Book Value Annual Sales$275.09 million Price / Sales1.67 Cash Flow$1.27 per share Price / Cash Flow11.45 Book Value$6.00 per share Price / Book2.42Miscellaneous Outstanding Shares31,636,000Free Float16,198,000Market Cap$459.67 million OptionableOptionable Beta0.61 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 CompetitorsNETGEARNASDAQ:NTGRDZSNASDAQ:DZSIAkoustis TechnologiesNASDAQ:AKTSClearfieldNASDAQ:CLFDInfineraNASDAQ:INFNView All CompetitorsInstitutional OwnershipState of Tennessee Treasury DepartmentBought 13,241 shares on 2/15/2023Ownership: 0.258%Jane Street Group LLCBought 21,788 shares on 2/15/2023Ownership: 0.069%Norges BankBought 12,107 shares on 2/15/2023Ownership: 0.038%Virtu Financial LLCBought 11,336 shares on 2/15/2023Ownership: 0.036%Squarepoint Ops LLCBought 10,181 shares on 2/15/2023Ownership: 0.032%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 1 sell rating, 1 hold rating 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 brokers have issued 1-year price objectives for AudioCodes' shares. Their AUDC share price forecasts range from $17.00 to $25.00. On average, they expect the company's stock price to reach $21.75 in the next year. This suggests a possible upside of 49.7% 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 on January 1st, 2023. Since then, AUDC shares have decreased by 18.8% and is now trading at $14.53. View the best growth stocks for 2023 here. Are investors shorting AudioCodes? AudioCodes saw a decrease in short interest during the month of February. As of February 28th, there was short interest totaling 70,400 shares, a decrease of 5.4% from the February 13th total of 74,400 shares. Based on an average daily volume of 106,900 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the shares of the company are short sold. View AudioCodes' Short Interest. When is AudioCodes' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023. View our AUDC earnings forecast. How were AudioCodes' earnings last quarter? AudioCodes Ltd. (NASDAQ:AUDC) posted its quarterly earnings results 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 earned $63.41 million during the quarter, compared to the consensus estimate of $62.55 million. AudioCodes had a net margin of 10.35% and a trailing twelve-month return on equity of 16.58%. During the same period in the prior year, the business posted $0.33 EPS. How often does AudioCodes pay dividends? What is the dividend yield for AudioCodes? AudioCodes declared a Semi-Annual dividend on Tuesday, February 7th. Stockholders of record on Tuesday, February 21st will be given 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), Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). 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 2.54%. 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 41.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AUDC will have a dividend payout ratio of 30.51% 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 Wednesday, February, 8th. The company provided EPS guidance of $1.35-$1.50 for the period, compared to the consensus earnings per share estimate of $1.60. The company issued revenue guidance of $286.00 million-$300.00 million, compared to the consensus revenue estimate of $306.15 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. (6.36%), William Blair Investment Management LLC (4.75%), Morgan Stanley (4.11%), Meitav Dash Investments Ltd. (3.72%), Copeland Capital Management LLC (3.51%) and Phoenix Holdings Ltd. (3.18%). 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 $14.53. How much money does AudioCodes make? AudioCodes (NASDAQ:AUDC) has a market capitalization of $459.67 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 $0.87 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) 976-4000, via email at bbaxter@symbilitysolutions.com, or via fax at 972-3976-4040. This page (NASDAQ:AUDC) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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