NASDAQ:AUDC

AudioCodes Stock Forecast, Price & News

$31.43

+0.18 (+0.58 %)

(As of 09/22/2020 12:00 AM ET)

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Today's Range

$30.93

Now: $31.43▼

$31.65

50-Day Range

$28.79

MA: $32.87▼

$37.59

52-Week Range

$9.00

Now: $31.43▼

$44.94

Volume181,986 shs

Average Volume598,158 shs

Market Capitalization$929.35 million

P/E Ratio130.96

Dividend Yield0.90%

Beta0.64

AudioCodes Ltd. designs, develops, and sells voice over IP (VoIP), converged VoIP, and data networking solutions, products, and applications for enterprise unified communications, contact centers, service provider business services, mobile VoIP, and cloud virtualized data centers worldwide. The company's products include IP phones, session border controllers (SBC), media gateways, multi-service business routers, huddle room solutions, managed IP Phones, and survivable branch appliances; CloudBond 365, an adaptable solution for the data center, customer premises or the branch; CloudBond 365 CCE appliances; User Management Pack 365, a software management application; VoIP management and routing, a suite of lifecycle applications for large scale cloud or premises-based unified communications deployments. It also provides MobilityPLUS, a mobile VoIP solution; VocaNOM call routing products; SmartTAP call recording products; Auto Attendant, a tool for managing inbound calls and delivery services; Fax Server, a tool for managing inbound and outbound enterprise fax transmissions; SIP Phone Support, a value-added application for SBC and gateways; signal processor chips; communications boards; and voice and data logging hardware integration board products. In addition, the company offers planning, implementation, operations, and support services, as well as consulting and training services. It primarily markets and sells its products through a direct sales force and sales representatives to original equipment manufacturers, system integrators and distributors, and network equipment providers in the telecommunication and networking industries. The company was incorporated in 1992 and is headquartered in Lod, Israel.

Beat the Market (BTM) Rank^™

4.4 Analyst's Opinion

Consensus Rating
AudioCodes has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $41.57, AudioCodes has a forecasted upside of 32.3% from its current price of $31.43.
Amount of Analyst Coverage
AudioCodes has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
AudioCodes has received 314 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AudioCodes has received 226 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AudioCodes has received 58.15% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about AudioCodes and other stocks. Vote “Outperform” if you believe AUDC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AUDC will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
AudioCodes has a dividend yield of 0.90%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
AudioCodes has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of AudioCodes is 38.89%. 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 24.78% next year. This indicates that AudioCodes will be able to sustain or increase its dividend.

2.0 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
43.94% of the stock of AudioCodes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for AudioCodes are expected to grow by 11.88% in the coming year, from $1.01 to $1.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AudioCodes is 130.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of AudioCodes is 130.96, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 61.04.
Price to Earnings Growth Ratio
AudioCodes has a PEG Ratio of 1.55. 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 10.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.31 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Telephone & telegraph apparatus

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:AUDC

Previous Symbol

CUSIPN/A

CIK1086434

Webwww.audiocodes.com

Phone972-3976-4000

Debt

Debt-to-Equity RatioN/A

Current Ratio2.73

Quick Ratio2.39

Price-To-Earnings

Trailing P/E Ratio130.96

Forward P/E Ratio31.12

P/E Growth1.55

Sales & Book Value

Annual Sales$200.29 million

Price / Sales4.64

Cash Flow$0.85 per share

Price / Cash Flow37.04

Book Value$3.13 per share

Price / Book10.04

Profitability

EPS (Most Recent Fiscal Year)$0.72

Net Income$3.98 million

Net Margins3.83%

Return on Equity21.33%

Return on Assets10.09%

Miscellaneous

Employees706

Outstanding Shares29,569,000

Market Cap$929.35 million

Next Earnings Date11/3/2020 (Estimated)

OptionableOptionable

$31.43

+0.18 (+0.58 %)

(As of 09/22/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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AudioCodes (NASDAQ:AUDC) Frequently Asked Questions

How has AudioCodes' stock price been impacted by COVID-19 (Coronavirus)?

AudioCodes' stock was trading at $19.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AUDC stock has increased by 63.3% and is now trading at $31.43.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of AudioCodes?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AudioCodes in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for AudioCodes.

When is AudioCodes' next earnings date?

AudioCodes is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for AudioCodes.

How were AudioCodes' earnings last quarter?

AudioCodes Ltd. (NASDAQ:AUDC) posted its quarterly earnings data on Tuesday, July, 28th. The communications equipment provider reported $0.32 EPS for the quarter, beating the Zacks' consensus estimate of $0.22 by $0.10. The communications equipment provider earned $53.52 million during the quarter, compared to the consensus estimate of $53.13 million. AudioCodes had a net margin of 3.83% and a return on equity of 21.33%.
View AudioCodes' earnings history.

How often does AudioCodes pay dividends? What is the dividend yield for AudioCodes?

AudioCodes declared a semi-annual dividend on Thursday, August 6th. Stockholders of record on Monday, August 17th will be paid a dividend of $0.14 per share on Tuesday, September 1st. This represents a yield of 0.8%. The ex-dividend date is Friday, August 14th. This is an increase from AudioCodes's previous semi-annual dividend of $0.13.
View AudioCodes' dividend history.

What guidance has AudioCodes issued on next quarter's earnings?

AudioCodes issued an update on its FY 2020 Pre-Market earnings guidance on Tuesday, July, 28th. The company provided EPS guidance of 1.18-1.24 for the period, compared to the Thomson Reuters consensus estimate of $1.10. The company issued revenue guidance of $214-222 million, compared to the consensus revenue estimate of $217.87 million.

What price target have analysts set for AUDC?

7 equities research analysts have issued twelve-month price objectives for AudioCodes' shares. Their forecasts range from $37.00 to $46.00. On average, they anticipate AudioCodes' share price to reach $41.57 in the next twelve months. This suggests a possible upside of 32.3% from the stock's current price.
View analysts' price targets for AudioCodes.

Are investors shorting AudioCodes?

AudioCodes saw a decrease in short interest in the month of August. As of August 14th, there was short interest totaling 673,300 shares, a decrease of 22.3% from the July 30th total of 866,000 shares. Based on an average trading volume of 754,600 shares, the days-to-cover ratio is presently 0.9 days. Approximately 2.7% of the shares of the stock are sold short.
View AudioCodes' Short Interest.

Who are some of AudioCodes' key competitors?

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

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), Marvell Technology Group (MRVL) and Verizon Communications (VZ).

Who are AudioCodes' key executives?

AudioCodes' management team includes the following people:

Mr. Shabtai Adlersberg, Co-Founder, Pres, CEO & Director (Age 66)
Mr. Niran Baruch, CFO & VP of Fin. (Age 48)
Mr. Nimrode Borovsky, VP of Global Marketing (Age 48)
Mr. Lior Aldema, Exec. VP, Chief Bus. Officer & Director (Age 53)
Ms. Shirley Nakar, Director of Investor Relations

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 shareholders include Phoenix Holdings Ltd. (2.65%), Bank of America Corp DE (1.32%), Harel Insurance Investments & Financial Services Ltd. (1.28%), State of Tennessee Treasury Department (0.84%), Meitav Dash Investments Ltd. (0.64%) and Calamos Advisors LLC (0.57%).

Which major investors are selling AudioCodes stock?

AUDC stock was sold by a variety of institutional investors in the last quarter, including Phoenix Holdings Ltd., Navellier & Associates Inc, Globeflex Capital L P, Eqis Capital Management Inc., Trexquant Investment LP, and Sei Investments Co..

Which major investors are buying AudioCodes stock?

AUDC stock was bought by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Harel Insurance Investments & Financial Services Ltd., Meitav Dash Investments Ltd., Cubist Systematic Strategies LLC, Russell Investments Group Ltd., Calamos Advisors LLC, Swiss National Bank, and Engineers Gate Manager LP.

How do I buy shares of AudioCodes?

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.

What is AudioCodes' stock price today?

One share of AUDC stock can currently be purchased for approximately $31.43.

How big of a company is AudioCodes?

AudioCodes has a market capitalization of $929.35 million and generates $200.29 million in revenue each year. The communications equipment provider earns $3.98 million in net income (profit) each year or $0.72 on an earnings per share basis. AudioCodes employs 706 workers across the globe.

What is AudioCodes' official website?

The official website for AudioCodes is www.audiocodes.com.

How can I contact AudioCodes?

AudioCodes' mailing address is 1 HAYARDEN STREET, AIRPORT CITY LOD ISRAEL L3, 70100. The communications equipment provider can be reached via phone at 972-3976-4000 or via email at [email protected]

This page was last updated on 9/23/2020 by MarketBeat.com Staff

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