NASDAQ:AUDC - AudioCodes Stock Price, Forecast & News

AudioCodes' stock was trading at $19.25 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AUDC stock has increased by 11.9% and is now trading at $21.54. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AudioCodes in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for AudioCodes.

AudioCodes is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for AudioCodes.

AudioCodes Ltd. (NASDAQ:AUDC) released its earnings results on Tuesday, January, 28th. The communications equipment provider reported $0.26 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.22 by $0.04. The communications equipment provider had revenue of $52.80 million for the quarter. AudioCodes had a net margin of 1.99% and a return on equity of 24.11%. View AudioCodes' earnings history.

AudioCodes declared a semi-annual dividend on Wednesday, February 5th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.13 per share on Wednesday, March 4th. This represents a yield of 1%. The ex-dividend date of this dividend is Friday, February 14th. View AudioCodes' dividend history.

2 brokerages have issued 12-month target prices for AudioCodes' shares. Their forecasts range from $20.00 to $28.00. On average, they expect AudioCodes' stock price to reach $24.00 in the next year. This suggests a possible upside of 11.4% from the stock's current price. View analysts' price targets for AudioCodes.

News coverage about AUDC stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. AudioCodes earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news stories about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutAudioCodes.

AudioCodes saw a decline in short interest in February. As of February 28th, there was short interest totaling 507,800 shares, a decline of 17.2% from the February 13th total of 613,600 shares. Based on an average trading volume of 358,600 shares, the short-interest ratio is presently 1.4 days. Approximately 2.3% of the shares of the stock are short sold. View AudioCodes' Current Options Chain.

Some companies that are related to AudioCodes include Fabrinet (FN), Infinera (INFN), Avaya (AVYA), NetGear (NTGR), Telkom SA Ltd ADS (TLKGY), Plantronics (PLT), ADTRAN (ADTN), Akoustis Technologies (AKTS), Clearfield (CLFD), DASAN Zhone Solutions (DZSI), Communications Systems (JCS), Franklin Wireless (FKWL), Zoom Technologies (ZOOM), Clearone (CLRO) and AltiGen Communications (ATGN).

Based on aggregate information from My MarketBeat watchlists, some companies that other AudioCodes investors own include NVIDIA (NVDA), AT&T (T), Energy Transfer LP Unit (ET), Alibaba Group (BABA), Verizon Communications (VZ), CBL & Associates Properties (CBL), Ford Motor (F), General Electric (GE), UnitedHealth Group (UNH) and Advanced Micro Devices (AMD).

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

AudioCodes' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (4.14%), Norges Bank (1.40%), Phoenix Holdings Ltd. (1.35%), EAM Global Investors LLC (0.99%), Globeflex Capital L P (0.94%) and Navellier & Associates Inc (0.63%).

AUDC stock was sold by a variety of institutional investors in the last quarter, including Jane Street Group LLC, EAM Global Investors LLC, Seizert Capital Partners LLC, ARK Investment Management LLC, Geode Capital Management LLC, Globeflex Capital L P, First Trust Advisors LP, and EAM Investors LLC.

AUDC stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Phoenix Holdings Ltd., Alpine Woods Capital Investors LLC, Public Sector Pension Investment Board, Acadian Asset Management LLC, Credit Suisse AG, and Driehaus Capital Management LLC.

Shares of AUDC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AUDC stock can currently be purchased for approximately $21.54.

AudioCodes has a market capitalization of $636.94 million and generates $200.29 million in revenue each year. AudioCodes employs 706 workers across the globe. View additional information about AudioCodes.

The official website for AudioCodes is http://www.audiocodes.com/.

AudioCodes' mailing address is 1 HAYARDEN STREET AIRPORT CITY, LOD L3, 7019900. The communications equipment provider can be reached via phone at 972-3976-4000 or via email at [email protected]