NASDAQ:AUDC

AudioCodes - AUDC Stock Forecast, Price & News

$22.51

+0.53 (+2.41%)

(As of 10/4/2022 12:00 AM ET)

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Today's Range: $21.20
▼
$22.56
50-Day Range: $21.03
▼
$24.30
52-Week Range: $19.62
▼
$37.35

Volume: 31,863 shs
Average Volume: 77,785 shs
Market Capitalization: $712.22 million

P/E Ratio: 24.20
Dividend Yield: 1.64%
Price Target: $29.00

AudioCodes MarketRank™ Forecast

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 28.8% Upside
$29.00 Price Target
Short Interest: Healthy
0.36% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.93
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 11.58%
From $0.95 to $1.06 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars

Computer And Technology Sector

105th out of 648 stocks

Telephone & Telegraph Apparatus Industry

3rd out of 10 stocks

3.1

Analyst's Opinion

Consensus Rating
AudioCodes has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $29.00, AudioCodes has a forecasted upside of 28.8% from its current price of $22.51.
Amount of Analyst Coverage
AudioCodes has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.36% of the float of AudioCodes has been sold short.
Short Interest Ratio / Days to Cover
AudioCodes has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in AudioCodes has recently increased by 50.25%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
AudioCodes pays a meaningful dividend of 1.64%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
AudioCodes has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of AudioCodes is 38.71%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, AudioCodes will have a dividend payout ratio of 33.96% next year. This indicates that AudioCodes will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AUDC.

2.7

News and Social Media Coverage

News Sentiment
AudioCodes has a news sentiment score of 0.93. 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 0.53 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for AudioCodes this week, compared to 2 articles on an average week.
MarketBeat Follows
1 people have added AudioCodes to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AudioCodes insiders have not sold or bought any company stock.
Percentage Held by Insiders
48.80% 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 Institutions
46.72% of the stock of AudioCodes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for AudioCodes are expected to grow by 11.58% in the coming year, from $0.95 to $1.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AudioCodes is 24.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of AudioCodes is 24.20, 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 327.69.
Price to Earnings Growth Ratio
AudioCodes has a PEG Ratio of 2.54. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
AudioCodes has a P/B Ratio of 3.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About AudioCodes (NASDAQ:AUDC) Stock

AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. The company offers solutions, products, and services for unified communications, contact centers, VoiceAI business line, and service provider business. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services. The company also offers One Voice Operations Center, a voice network management solution; Device Manager for administering business phones and meeting room solutions; AudioCodes Routing Manager for handling call routing in VoIP networks; and User Management Pack 365 simplifies user lifecycle and identity management across Microsoft Teams and Skype for Business deployments. In addition, it provides AudioCodes Live for Microsoft Teams, a portfolio of managed services for simplifying Teams adoption; appliances for Microsoft Skype/Teams for Business such as survivable branch appliances, CCE, and CloudBond 365; and a range of value-added voice applications comprising SmartTAP, Voca, VoiceAI Connect, and Meeting Insights. Further, the company offers managed services; and AudioCodes Live Cloud, a Microsoft Teams software as a service solution that enables service providers to offer their business customers a seamless migration to Microsoft Teams. It primarily markets and sells its products through a direct sales force and sales representatives to original equipment manufacturers, network equipment providers, and systems integrators and distributors in the telecommunications and networking industries. The company primarily operates in the Americas, Europe, the Far East, and Israel. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel.

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AUDC Stock News Headlines

September 30, 2022 | americanbankingnews.com

AudioCodes Ltd. (NASDAQ:AUDC) Short Interest Up 50.3% in September

September 24, 2022 | reuters.com

AUDC.O - AudioCodes Ltd | Stock Price & Latest News | Reuters

September 24, 2022 | fool.com

AudioCodes (NASDAQ: AUDC)

September 20, 2022 | ca.finance.yahoo.com

Jacobi secures Series A funding to scale multi-asset investment technology - Yahoo Canada Finance

September 19, 2022 | nasdaq.com

Investors Will Want AudioCodes' (NASDAQ:AUDC) Growth In ROCE To Persist - Nasdaq

September 19, 2022 | nasdaq.com

Investors Will Want AudioCodes' (NASDAQ:AUDC) Growth In ROCE To Persist

September 16, 2022 | stocknews.com

1 Hot Tech Stock to Bet on Instead of Apple

September 8, 2022 | stocknews.com

CSCO: 4 Tech Stocks Under $50 to Buy Now - StockNews.com

September 4, 2022 | reuters.com

AUDC.TA - AudioCodes Ltd | Stock Price & Latest News | Reuters

August 31, 2022 | stocknews.com

3 “Strong Buy” Tech Stocks to Consider Right Now

August 30, 2022 | money.usnews.com

Audiocodes AUDC Company Vitals

August 29, 2022 | finance.yahoo.com

AudioCodes Ltd.'s (NASDAQ:AUDC) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock? - Yahoo Finance

August 29, 2022 | finance.yahoo.com

AudioCodes Ltd.'s (NASDAQ:AUDC) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

August 24, 2022 | stocknews.com

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August 22, 2022 | stocknews.com

Is Avaya Holdings Stock, Once More Than $20, Worth Buying Under $1?

August 18, 2022 | stocknews.com

4 Tech Stocks Investors Should Have on Their Radar

August 16, 2022 | wsj.com

AudioCodes Ltd.

August 12, 2022 | finance.yahoo.com

AudioCodes (NASDAQ:AUDC) Could Be A Buy For Its Upcoming Dividend

August 9, 2022 | stocknews.com

5 Stocks Under $50 to Buy Now

August 5, 2022 | nasdaq.com

AudioCodes (NASDAQ:AUDC) Has Announced That It Will Be Increasing Its Dividend To $0.18 - Nasdaq

August 5, 2022 | finance.yahoo.com

AudioCodes' (NASDAQ:AUDC) Upcoming Dividend Will Be Larger Than Last Year's

August 3, 2022 | stocknews.com

3 Tech Stocks to Buy on the Dip

August 3, 2022 | greenwichtime.com

AudioCodes: Q2 Earnings Snapshot - Greenwich Time

August 2, 2022 | benzinga.com

Recap: AudioCodes Q2 Earnings - Benzinga

August 2, 2022 | seekingalpha.com

AudioCodes slides after Q2 earnings report (NASDAQ:AUDC) - Seeking Alpha

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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AUDC Company Calendar

Last Earnings: 8/02/2022
Ex-Dividend for 8/31 Dividend: 8/16/2022
Dividend Payable: 8/31/2022
Today: 10/05/2022
Next Earnings (Estimated): 10/25/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Telephone & telegraph apparatus
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:AUDC
CUSIP: N/A
CIK: 1086434
Web: www.audiocodes.com
Phone: (723) 976-4000
Fax: 972-3976-4040
Employees: 885
Year Founded: 1993

Price Target and Rating

Average Stock Price Forecast: $29.00
High Stock Price Forecast: $37.00
Low Stock Price Forecast: $22.00
Forecasted Upside/Downside: +28.8%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.93
Trailing P/E Ratio: 24.20
Forward P/E Ratio: 23.69
P/E Growth: 2.56
Net Income: $33.75 million
Net Margins: 11.76%
Pretax Margin: 13.71%
Return on Equity: 17.51%
Return on Assets: 10.18%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.48
Quick Ratio: 1.19

Sales & Book Value

Annual Sales: $248.92 million
Price / Sales: 2.86
Cash Flow: $1.32 per share
Price / Cash Flow: 17.05
Book Value: $6.36 per share
Price / Book: 3.54

Miscellaneous

Outstanding Shares: 31,640,000
Free Float: 16,198,000
Market Cap: $712.22 million
Optionable: Optionable
Beta: 0.66

Social Links

Key Executives

Mr. Shabtai Adlersberg (Age 69)
Co-Founder, Pres, CEO & Director
Comp: $1.62M

Mr. Niran Baruch (Age 51)
CFO & VP of Fin.
Comp: $495.19k

Mr. Ofer Nimtsovich (Age 53)
Chief Operating Officer
Comp: $416.02k

Mr. Lior Aldema (Age 56)
Exec. VP, Chief Bus. Officer & Director
Comp: $719.28k

Roger L. Chuchen
VP of Investor Relations

Mr. Itamar Rosen (Age 57)
Chief Legal Officer & Company Sec.

Ms. Tal Dor (Age 53)
VP of HR

Mr. Dmitry G. Netis
Chief Strategy Officer & Head of Corp. Devel.

Ms. Shirley Nakar
Director of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AUDC Stock - Frequently Asked Questions

Should I buy or sell AudioCodes stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AudioCodes in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 2022?: 5 equities research analysts have issued 12-month price objectives for AudioCodes' stock. Their AUDC share price forecasts range from $22.00 to $37.00. On average, they anticipate the company's stock price to reach $29.00 in the next year. This suggests a possible upside of 28.8% 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 2022?: AudioCodes' stock was trading at $34.74 on January 1st, 2022. Since then, AUDC shares have decreased by 35.2% and is now trading at $22.51.
View the best growth stocks for 2022 here.
When is AudioCodes' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our AUDC earnings forecast.
How were AudioCodes' earnings last quarter?: AudioCodes Ltd. (NASDAQ:AUDC) released its quarterly earnings data on Tuesday, August, 2nd. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.01. The communications equipment provider earned $68.36 million during the quarter, compared to the consensus estimate of $68.54 million. AudioCodes had a net margin of 11.76% and a trailing twelve-month return on equity of 17.51%. During the same period in the prior year, the company posted $0.29 EPS.
How often does AudioCodes pay dividends? What is the dividend yield for AudioCodes?: AudioCodes announced 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 yield of 1.7%. The ex-dividend date of this dividend is Tuesday, August 16th.
Read our dividend analysis for AUDC.
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 1.64%. 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 38.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AUDC will have a dividend payout ratio of 33.96% 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 issued an update on its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided EPS guidance of $1.35-$1.45 for the period. The company issued revenue guidance of $275.00 million-$282.50 million, compared to the consensus revenue estimate of $279.25 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."
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 $22.51.
How much money does AudioCodes make?: AudioCodes (NASDAQ:AUDC) has a market capitalization of $712.22 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 $0.93 on an earnings per share basis.
How many employees does AudioCodes have?: The company employs 885 workers across the globe.
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 10/5/2022 by MarketBeat.com Staff

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AudioCodes - AUDC Stock Forecast, Price & News

AudioCodes MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month