AudioCodes - AUDC Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AudioCodes in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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.
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4 brokers have issued 1 year price targets for AudioCodes' shares. Their AUDC share price forecasts range from $22.00 to $37.00. On average, they anticipate the company's stock price to reach $26.60 in the next twelve months. This suggests a possible upside of 36.2% from the stock's current price.
View analysts price targets for AUDC or view top-rated stocks among Wall Street analysts.

AudioCodes' stock was trading at $34.74 at the beginning of the year. Since then, AUDC stock has decreased by 43.8% and is now trading at $19.53.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our AUDC earnings forecast.

AudioCodes Ltd. (NASDAQ:AUDC) released its quarterly earnings data on Monday, October, 25th. The communications equipment provider reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.06. The communications equipment provider earned $63.41 million during the quarter, compared to analysts' expectations of $62.55 million. AudioCodes had a net margin of 10.41% and a trailing twelve-month return on equity of 16.72%. During the same quarter last year, the business posted $0.33 EPS.

AudioCodes declared a Semi-Annual dividend on Tuesday, August 2nd. Investors of record on Wednesday, August 17th will be paid a dividend of $0.18 per share on Wednesday, August 31st. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, August 16th.
Read our dividend analysis for AUDC.

AudioCodes (NASDAQ:AUDC) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.83%. 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 41.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AUDC will have a dividend payout ratio of 31.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AUDC.

AudioCodes updated its FY 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $1.35-$1.45 for the period, compared to the consensus earnings per share estimate of $1.39. The company issued revenue guidance of $275.00 million-$282.50 million, compared to the consensus revenue estimate of $278.31 million.

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.

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).

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

AudioCodes' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Global Alpha Capital Management Ltd. (6.16%), Copeland Capital Management LLC (5.17%), Meitav Dash Investments Ltd. (3.88%), Vanguard Group Inc. (2.53%), Heartland Advisors Inc. (1.04%) and Harel Insurance Investments & Financial Services Ltd. (0.92%).

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.
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One share of AUDC stock can currently be purchased for approximately $19.53.

AudioCodes (NASDAQ:AUDC) has a market capitalization of $617.85 million and generates $248.92 million in revenue each year. The communications equipment provider earns $33.75 million in net income (profit) each year or $0.86 on an earnings per share basis.

The company employs 885 workers across the globe.

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.