AudioCodes Company Profile (NASDAQ:AUDC)

About AudioCodes (NASDAQ:AUDC)

AudioCodes logoAudioCodes Ltd. designs, develops and sells Voice over-Internet Protocol (VoIP) and converged VoIP, and data networking solutions, products and applications that facilitate Unified Communications (UC) and Contact Center (CC) services. The Company categorizes its products and services into two main business lines: network and technology. Network products consist of customer premises equipment (CPE), gateways for the enterprise and service provider (or carrier) markets and of carrier-grade-oriented low- and mid-density media gateways for service providers and Enterprise Session Border Controls (ESBCs). Complementing its media gateways and session border gateways as network products are its multi-service business routers (MSBR), Internet Protocol (IP) phones, media servers, mobile VoIP solutions and value added application products. Technology products consist of its chips and boards business products. Its products are deployed in enterprise, service provider cloud networks.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communications & Networking
  • Sub-Industry: N/A
  • Symbol: NASDAQ:AUDC
  • CUSIP: N/A
  • Web: www.audiocodes.com
Capitalization:
  • Market Cap: $219.28 million
  • Outstanding Shares: 31,596,000
Average Prices:
  • 50 Day Moving Avg: $6.77
  • 200 Day Moving Avg: $6.61
  • 52 Week Range: $5.07 - $7.26
P/E:
  • Trailing P/E Ratio: 12.90
  • Foreward P/E Ratio: 17.35
  • P/E Growth: 0.79
Sales & Book Value:
  • Annual Revenue: $151.06 million
  • Price / Sales: 1.45
  • Book Value: $3.29 per share
  • Price / Book: 2.11
Profitability:
  • EBIDTA: $10.3 million
  • Net Margins: 11.95%
  • Return on Equity: 7.78%
  • Return on Assets: 4.47%
Debt:
  • Debt-to-Equity Ratio: 0.07%
  • Current Ratio: 1.72%
  • Quick Ratio: 1.37%
Misc:
  • Average Volume: 66,356 shs.
  • Beta: 0.61
  • Short Ratio: 0.25
 

Frequently Asked Questions for AudioCodes (NASDAQ:AUDC)

What is AudioCodes' stock symbol?

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

How will AudioCodes' stock buyback program work?

AudioCodes announced that its Board of Directors has authorized a stock buyback program on Monday, April 10th 2017, which permits the company to buyback $15,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 6.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

How were AudioCodes' earnings last quarter?

AudioCodes Ltd. (NASDAQ:AUDC) posted its quarterly earnings data on Wednesday, July, 26th. The company reported $0.08 earnings per share for the quarter, meeting the consensus estimate of $0.08. The business had revenue of $38.70 million for the quarter, compared to analysts' expectations of $38.23 million. AudioCodes had a net margin of 11.95% and a return on equity of 7.78%. The firm's quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.06 EPS. View AudioCodes' Earnings History.

When will AudioCodes make its next earnings announcement?

AudioCodes is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for AudioCodes.

Where is AudioCodes' stock going? Where will AudioCodes' stock price be in 2017?

3 brokerages have issued 12-month price targets for AudioCodes' shares. Their predictions range from $7.00 to $8.00. On average, they expect AudioCodes' stock price to reach $7.50 in the next twelve months. View Analyst Ratings for AudioCodes.

What are analysts saying about AudioCodes stock?

Here are some recent quotes from research analysts about AudioCodes stock:

  • 1. According to Zacks Investment Research, "AUDIOCODES LTD designs, develops and markets enabling technologies and communication components for the transmission of voice, fax and modem over packet networks. Newly developed Voice over IP gateways as well as DSL and ATM access devices, enable packet networks to carry voice and data more efficiently and at lower cost than traditional telephone networks. They are a provider of voice over packet communication components that empower the development of equipment for these emerging markets. " (9/15/2017)
  • 2. Needham & Company LLC analysts commented, "AUDC reported solid 4Q16 results and provided initial 2017 guidance ~in line w/consensus, but we think with some room for upside. The company's UC SIP business, which has significant exposure to Skype for Business (SfB), showed strong growth and is forecast to see 20% y/y growth in '17 as it benefits from accelerating deployment of the SfB CloudPBX option. While the company's declining media gateway business remains a headwind, it showed encouraging stabilization in C2H16 and continues to drop as a percent of revenue. AUDC shares have had a strong move over the last year, but at 12-13x ex-cash C'18 NG EPS are still not expensive, in our opinion. We maintain our Buy rating while increasing our PT to $8 (was $6), or ~16-17x our new ex-cash C2018 NG EPS estimates." (1/31/2017)

Who are some of AudioCodes' key competitors?

Who are AudioCodes' key executives?

AudioCodes' management team includes the folowing people:

  • Stanley B. Stern, Chairman of the Board of Directors
  • Shabtai Adlersberg, President, Chief Executive Officer, Director
  • Niran Baruch, Chief Financial Officer, Chief Accounting Officer, Vice President - Finance
  • Jeffrey Kahn, Chief Strategy Officer
  • Lior Aldema, Chief Operating Officer, Head - Global Sales
  • Eyal Frishberg, Vice President - Operations
  • Nimrod Borovsky, Vice President of Marketing
  • Tal Dor, Vice President - Human Resources
  • Yehuda Hershkovici, Vice President - Products
  • Ofer Nimtsovich, Vice President - Global Services

Who owns AudioCodes stock?

AudioCodes' stock is owned by a number of of retail and institutional investors. Top institutional investors include Senvest Management LLC (7.99%), Acadian Asset Management LLC (2.17%), Vanguard Group Inc. (1.40%), Arrowstreet Capital Limited Partnership (0.79%), Mckinley Capital Management LLC Delaware (0.59%) and State of Tennessee Treasury Department (0.41%). View Institutional Ownership Trends for AudioCodes.

Who sold AudioCodes stock? Who is selling AudioCodes stock?

AudioCodes' stock was sold by a variety of institutional investors in the last quarter, including Mckinley Capital Management LLC Delaware, Russell Investments Group Ltd., Arrowstreet Capital Limited Partnership and Goldman Sachs Group Inc.. View Insider Buying and Selling for AudioCodes.

Who bought AudioCodes stock? Who is buying AudioCodes stock?

AudioCodes' stock was purchased by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Campbell & CO Investment Adviser LLC, State of Tennessee Treasury Department, First Trust Advisors LP, ClariVest Asset Management LLC, Menta Capital LLC and Royal Bank of Canada. View Insider Buying and Selling for AudioCodes.

How do I buy AudioCodes stock?

Shares of AudioCodes can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is AudioCodes' stock price today?

One share of AudioCodes stock can currently be purchased for approximately $6.94.


MarketBeat Community Rating for AudioCodes (NASDAQ AUDC)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  119 (Vote Outperform)
Underperform Votes:  78 (Vote Underperform)
Total Votes:  197
MarketBeat's community ratings are surveys of what our community members think about AudioCodes and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for AudioCodes (NASDAQ:AUDC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $7.50 (8.07% upside)

Analysts' Ratings History for AudioCodes (NASDAQ:AUDC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/4/2017Northland SecuritiesSet Price TargetHold$7.00LowView Rating Details
1/31/2017Needham & Company LLCBoost Price TargetBuy$6.00 -> $8.00N/AView Rating Details
10/26/2016William BlairReiterated RatingBuyN/AView Rating Details
7/28/2016Drexel HamiltonReiterated RatingHoldN/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for AudioCodes (NASDAQ:AUDC)
Earnings by Quarter for AudioCodes (NASDAQ:AUDC)
Earnings History by Quarter for AudioCodes (NASDAQ AUDC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/15/2017$0.09N/AView Earnings Details
7/26/20176/30/2017$0.08$0.08$38.23 million$38.70 millionViewN/AView Earnings Details
4/26/20173/31/2017$0.05$0.06$36.78 million$37.40 millionViewN/AView Earnings Details
1/31/2017Q416$0.08$0.08$38.23 million$37.80 millionViewN/AView Earnings Details
11/1/2016Q316$0.04$0.07$37.03 million$37.20 millionViewN/AView Earnings Details
7/26/2016Q216$0.04$0.06$35.38 million$35.90 millionViewListenView Earnings Details
5/3/2016Q116$0.04$0.04$33.71 million$34.80 millionViewN/AView Earnings Details
1/26/2016Q415$0.05$0.07$35.66 million$35.60 millionViewListenView Earnings Details
11/3/2015Q315$0.02$0.03$33.85 million$34.20 millionViewN/AView Earnings Details
7/28/2015Q215($0.02)($0.03)$34.19 million$32.40 millionViewListenView Earnings Details
4/28/2015Q115$0.03$0.03$38.64 million$37.50 millionViewListenView Earnings Details
1/27/2015Q414$0.03$0.04$39.50 million$39.10 millionViewN/AView Earnings Details
10/30/2014Q314$0.05$0.04$38.32 million$38.90 millionViewN/AView Earnings Details
7/29/2014Q214$0.04$0.02$37.00 million$37.60 millionViewListenView Earnings Details
4/30/2014Q114$0.03$0.03$35.76 million$36.00 millionViewListenView Earnings Details
1/29/2014Q313$0.05$0.05$36.25 million$36.30 millionViewListenView Earnings Details
10/30/2013$0.03$0.04$34.78 million$35.00 millionViewListenView Earnings Details
7/30/2013Q2 2013$0.02$0.03$32.91 million$33.70 millionViewListenView Earnings Details
4/29/2013Q1 2013$0.01$0.02$32.64 million$32.30 millionViewN/AView Earnings Details
1/30/2013Q4 2012$0.01$0.03$32.93 million$32.80 millionViewN/AView Earnings Details
11/5/2012Q312($0.03)($0.01)$30.08 million$31.40 millionViewN/AView Earnings Details
7/24/2012($0.04)($0.04)ViewN/AView Earnings Details
5/7/2012$0.01($0.02)ViewN/AView Earnings Details
2/1/2012$0.04$0.04ViewN/AView Earnings Details
11/1/2011$0.04$0.01ViewN/AView Earnings Details
7/27/2011$0.10$0.12ViewN/AView Earnings Details
5/3/2011$0.10$0.10ViewN/AView Earnings Details
1/26/2011$0.11$0.11ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for AudioCodes (NASDAQ:AUDC)
2017 EPS Consensus Estimate: $0.24
2018 EPS Consensus Estimate: $0.31
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.05$0.05$0.05
Q2 20171$0.05$0.05$0.05
Q3 20171$0.06$0.06$0.06
Q4 20171$0.08$0.08$0.08
Q1 20181$0.06$0.06$0.06
Q2 20181$0.07$0.07$0.07
Q3 20181$0.08$0.08$0.08
Q4 20181$0.10$0.10$0.10
(Data provided by Zacks Investment Research)

Dividends

Dividend History for AudioCodes (NASDAQ:AUDC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for AudioCodes (NASDAQ:AUDC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for AudioCodes (NASDAQ:AUDC)
Latest Headlines for AudioCodes (NASDAQ:AUDC)
Source:
DateHeadline
finance.yahoo.com logoAudioCodes Introduces 445HD IP Phone for Microsoft 365
finance.yahoo.com - September 22 at 12:55 PM
americanbankingnews.com logoZacks: Brokerages Expect AudioCodes Ltd. (AUDC) Will Announce Quarterly Sales of $39.45 Million
www.americanbankingnews.com - September 20 at 5:30 AM
finance.yahoo.com logoAudioCodes Launches VocaNom™ Voice Dialing on 400HD IP Phones
finance.yahoo.com - September 19 at 4:11 PM
americanbankingnews.com logo Brokerages Anticipate AudioCodes Ltd. (AUDC) Will Post Earnings of $0.09 Per Share
www.americanbankingnews.com - September 18 at 6:20 PM
americanbankingnews.com logoZacks Investment Research Upgrades AudioCodes Ltd. (AUDC) to Buy
www.americanbankingnews.com - September 15 at 7:26 PM
msn.com logoMexico accepts Israeli offer to help develop Central America
www.msn.com - September 15 at 2:52 AM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Downgraded by Zacks Investment Research
www.americanbankingnews.com - September 14 at 7:50 PM
americanbankingnews.com logoContrasting AudioCodes (AUDC) & The Competition
www.americanbankingnews.com - September 12 at 11:00 AM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Upgraded to "B-" by TheStreet
www.americanbankingnews.com - September 11 at 7:02 PM
finance.yahoo.com logoPortugal Telecom Selects AudioCodes’ SIP Trunking Solutions for its All-IP Network Transformation Project
finance.yahoo.com - September 11 at 4:17 PM
finance.yahoo.com logoETFs with exposure to AudioCodes Ltd. : September 7, 2017
finance.yahoo.com - September 7 at 4:16 PM
finance.yahoo.com logoAudioCodes Ltd. :AUDC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 6, 2017
finance.yahoo.com - September 6 at 9:12 PM
americanbankingnews.com logoZacks: Analysts Anticipate AudioCodes Ltd. (AUDC) to Post $0.09 EPS
www.americanbankingnews.com - August 31 at 6:12 AM
finance.yahoo.com logoShould AudioCodes (AUDC) Be On Your Radar Now? - Yahoo Finance
finance.yahoo.com - August 26 at 8:57 PM
nasdaq.com logoShould AudioCodes (AUDC) Be On Your Radar Now? - Nasdaq
www.nasdaq.com - August 26 at 3:55 PM
finance.yahoo.com logoShould AudioCodes (AUDC) Be On Your Radar Now?
finance.yahoo.com - August 25 at 5:48 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Lifted to Buy at Zacks Investment Research
www.americanbankingnews.com - August 23 at 7:46 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - August 22 at 7:32 PM
finance.yahoo.com logoETFs with exposure to AudioCodes Ltd. : August 14, 2017
finance.yahoo.com - August 14 at 4:34 PM
americanbankingnews.com logoAnalyzing AudioCodes (NASDAQ:AUDC) & Ixia (XXIA)
www.americanbankingnews.com - August 13 at 10:40 AM
finance.yahoo.com logoArista Networks (ANET) Soars: Stock Adds 19.4% in Session
finance.yahoo.com - August 7 at 5:01 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - July 31 at 9:56 PM
finance.yahoo.com logoAudioCodes Ltd. :AUDC-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017
finance.yahoo.com - July 31 at 4:15 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for AudioCodes Ltd. Lifted by William Blair (AUDC)
www.americanbankingnews.com - July 31 at 7:54 AM
finance.yahoo.com logoAudioCodes Ltd. : Overvalued relative to peers, but good fundamentals
finance.yahoo.com - July 28 at 5:30 PM
americanbankingnews.com logo Analysts Anticipate AudioCodes Ltd. (AUDC) Will Post Quarterly Sales of $39.75 Million
www.americanbankingnews.com - July 27 at 11:59 AM
finance.yahoo.com logoEdited Transcript of AUDC earnings conference call or presentation 26-Jul-17 12:00pm GMT
finance.yahoo.com - July 27 at 2:53 AM
finance.yahoo.com logoInvestor Network: AudioCodes Ltd. to Host Earnings Call
finance.yahoo.com - July 26 at 4:49 PM
finance.yahoo.com logoAudioCodes posts 2Q profit
finance.yahoo.com - July 26 at 4:49 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Issues Earnings Results, Meets Estimates
www.americanbankingnews.com - July 26 at 11:25 AM
finance.yahoo.com logoAudioCodes Reports Second Quarter 2017 Results
finance.yahoo.com - July 26 at 2:10 AM
americanbankingnews.com logo$0.05 Earnings Per Share Expected for AudioCodes Ltd. (NASDAQ:AUDC) This Quarter
www.americanbankingnews.com - July 25 at 2:37 PM
finance.yahoo.com logoAudioCodes Teams Up With Sumitomo Shoji Machinex Japan
finance.yahoo.com - July 24 at 12:52 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 19 at 9:16 AM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - July 14 at 3:18 PM
finance.yahoo.com logoAudioCodes Announces CCE Hub Solution for Microsoft Cloud PBX Environments
finance.yahoo.com - July 10 at 4:13 PM
americanbankingnews.com logoNorthland Securities Analysts Give AudioCodes Ltd. (NASDAQ:AUDC) a $7.00 Price Target
www.americanbankingnews.com - July 9 at 5:28 PM
finance.yahoo.com logoAudioCodes Announces Second Quarter 2017 Reporting Date
finance.yahoo.com - July 6 at 5:33 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Downgraded to C+ at TheStreet
www.americanbankingnews.com - July 2 at 11:14 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Expected to Announce Quarterly Sales of $38.25 Million
www.americanbankingnews.com - July 1 at 9:06 AM
americanbankingnews.com logoZacks: Analysts Anticipate AudioCodes Ltd. (AUDC) to Post $0.05 EPS
www.americanbankingnews.com - June 29 at 10:24 AM
prnewswire.com logoAudioCodes SBCs Enable Axtel's UCaaS and SIP Trunking Services - PR Newswire (press release)
www.prnewswire.com - June 28 at 4:23 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - June 27 at 9:34 PM
finance.yahoo.com logoAudioCodes SBCs Enable Axtel's UCaaS and SIP Trunking Services
finance.yahoo.com - June 26 at 4:18 PM
americanbankingnews.com logoAudioCodes Ltd. (AUDC) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - June 19 at 2:48 PM
americanbankingnews.com logoZacks: Brokerages Expect AudioCodes Ltd. (AUDC) Will Announce Quarterly Sales of $38.25 Million
www.americanbankingnews.com - June 7 at 11:48 AM
americanbankingnews.com logo Analysts Expect AudioCodes Ltd. (AUDC) Will Post Earnings of $0.05 Per Share
www.americanbankingnews.com - June 5 at 8:26 AM
finance.yahoo.com logoAudioCodes Ltd. is trading above its 50 day moving average : AUDC-US : June 1, 2017
finance.yahoo.com - June 1 at 4:01 PM
nasdaq.com logoTechnology Sector Update for 05/16/2017: AUDC,XGTI,VRTU - Nasdaq
www.nasdaq.com - May 16 at 8:50 PM
finance.yahoo.com logoAudioCodes Receives Approval for Extension of Share Repurchase Program
finance.yahoo.com - May 16 at 12:27 PM

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Chart

AudioCodes (AUDC) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff