NASDAQ:AUDCAudioCodes Stock Price, Forecast & News

$36.65

+2.12 (+6.14 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$33.75

Now: $36.65▼

$36.85

50-Day Range

$21.36

MA: $29.60▼

$36.21

52-Week Range

$9.00

Now: $36.65▼

$37.45

Volume438,785 shs

Average Volume588,477 shs

Market Capitalization$1.08 billion

P/E Ratio192.90

Dividend Yield0.75%

Beta0.66

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^™

1.3 Analyst's Opinion

Consensus Rating
AudioCodes has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.00, AudioCodes has a potential downside of 34.5% from its current price of $36.65.
Amount of Analyst Coverage
AudioCodes has only been the subject of 2 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
AudioCodes has received 304 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AudioCodes has received 222 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AudioCodes has received 57.79% “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 Leadership
AudioCodes is a leading dividend payer. It pays a dividend yield of 0.75%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
AudioCodes has only been increasing its dividend for 1 years.

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
39.80% of the stock of AudioCodes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of AudioCodes is 192.90, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of AudioCodes is 192.90, 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 40.91.
Price to Book Value per Share Ratio
AudioCodes has a P/B Ratio of 11.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.56 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 Ratio0.01

Current Ratio1.53

Quick Ratio1.20

Price-To-Earnings

Trailing P/E Ratio192.90

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$200.29 million

Price / Sales5.41

Cash Flow$0.89 per share

Price / Cash Flow41.40

Book Value$3.13 per share

Price / Book11.71

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$3.98 million

Net Margins3.01%

Return on Equity25.56%

Return on Assets10.53%

Miscellaneous

Employees706

Outstanding Shares29,570,000

Market Cap$1.08 billion

Next Earnings Date7/28/2020 (Estimated)

OptionableOptionable

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AudioCodes (NASDAQ:AUDC) Frequently Asked Questions

How has AudioCodes' stock 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 shares have increased by 90.4% and is now trading at $36.65. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of AudioCodes?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AudioCodes in the last year. There are currently 1 hold rating and 1 buy rating 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, July 28th 2020. View our earnings forecast for AudioCodes.

How were AudioCodes' earnings last quarter?

AudioCodes Ltd. (NASDAQ:AUDC) issued its earnings results on Monday, April, 27th. The communications equipment provider reported $0.25 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.02. The communications equipment provider earned $52.02 million during the quarter. AudioCodes had a net margin of 3.01% and a return on equity of 25.56%. View AudioCodes' earnings history.

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

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

What price target have analysts set for AUDC?

2 analysts have issued 12 month target prices for AudioCodes' shares. Their forecasts range from $20.00 to $28.00. On average, they anticipate AudioCodes' stock price to reach $24.00 in the next year. This suggests that the stock has a possible downside of 34.5%. View analysts' price targets for AudioCodes.

Has AudioCodes been receiving favorable news coverage?

News stories about AUDC stock have trended negative on Saturday, according to InfoTrie. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. AudioCodes earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned media headlines 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 impact on the company's share price in the immediate future. View the latest news aboutAudioCodes.

Are investors shorting AudioCodes?

AudioCodes saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 207,400 shares, a drop of 14.2% from the April 30th total of 241,700 shares. Based on an average daily volume of 549,000 shares, the short-interest ratio is currently 0.4 days. Currently, 0.9% of the shares of the stock are short sold. View AudioCodes' Current Options Chain.

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), ADTRAN (ADTN), Plantronics (PLT), Akoustis Technologies (AKTS), Clearfield (CLFD), DASAN Zhone Solutions (DZSI), Franklin Wireless (FKWL), Communications Systems (JCS), Zoom Telephonics (ZMTP), AltiGen Communications (ATGN) 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 Advanced Micro Devices (AMD), NVIDIA (NVDA), Alibaba Group (BABA), Verizon Communications (VZ), Intel (INTC), AT&T (T), Adobe (ADBE), Energy Transfer LP Unit (ET), Bank of America (BAC) and Veeva Systems (VEEV).

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 many different retail and institutional investors. Top institutional investors include Deutsche Bank AG (4.04%), Phoenix Holdings Ltd. (3.92%), Acadian Asset Management LLC (3.90%), Global Alpha Capital Management Ltd. (3.14%), Trigran Investments Inc. (2.43%) and Morgan Stanley (2.24%).

Which institutional investors are selling AudioCodes stock?

AUDC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, JPMorgan Chase & Co., Globeflex Capital L P, Sphera Funds Management LTD., Acadian Asset Management LLC, Squarepoint Ops LLC, and Two Sigma Advisers LP.

Which institutional investors are buying AudioCodes stock?

AUDC stock was acquired by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Global Alpha Capital Management Ltd., Phoenix Holdings Ltd., Trigran Investments Inc., Harel Insurance Investments & Financial Services Ltd., Citigroup Inc., Meitav Dash Investments Ltd., and Calamos Advisors LLC.

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 $36.65.

How big of a company is AudioCodes?

AudioCodes has a market capitalization of $1.08 billion and generates $200.29 million in revenue each year. 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 5/30/2020 by MarketBeat.com Staff