AudioCodes - AUDC Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AudioCodes in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating 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.

3 brokers have issued 12-month target prices for AudioCodes' stock. Their AUDC share price forecasts range from $22.00 to $25.00. On average, they predict the company's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price.
View analysts price targets for AUDC or view top-rated stocks among Wall Street analysts.

AudioCodes' stock was trading at $17.89 at the beginning of the year. Since then, AUDC shares have increased by 10.5% and is now trading at $19.76.
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AudioCodes saw a increase in short interest in January. As of January 15th, there was short interest totaling 102,400 shares, an increase of 29.0% from the December 31st total of 79,400 shares. Based on an average daily volume of 86,600 shares, the short-interest ratio is currently 1.2 days. Approximately 0.4% of the shares of the stock are short sold.
View AudioCodes' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our AUDC earnings forecast.

AudioCodes will be holding an earnings conference call on Tuesday, February 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

AudioCodes Ltd. (NASDAQ:AUDC) issued its earnings results on Monday, October, 25th. The communications equipment provider reported $0.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.06. The communications equipment provider earned $63.41 million during the quarter, compared to analysts' expectations of $62.55 million. AudioCodes had a trailing twelve-month return on equity of 16.72% and a net margin of 10.41%. During the same period in the previous year, the firm earned $0.33 earnings per share.

AudioCodes declared a Semi-Annual dividend on Tuesday, August 2nd. Stockholders of record on Wednesday, August 17th will be paid a dividend of $0.18 per share on Wednesday, August 31st. This represents a dividend yield of 1.7%. The ex-dividend date is Tuesday, August 16th.
Read our dividend analysis for AUDC.

AudioCodes (NASDAQ:AUDC) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.93%. 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 41.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AUDC will have a dividend payout ratio of 31.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AUDC.

AudioCodes issued an update on its FY 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $1.35-$1.45 for the period, compared to the consensus estimate of $1.39. The company issued revenue guidance of $275.00 million-$282.50 million, compared to the consensus revenue estimate of $278.31 million.

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.

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).

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 Copeland Capital Management LLC (3.51%), Lapides Asset Management LLC (0.71%), ARK Investment Management LLC (0.34%), Assenagon Asset Management S.A. (0.28%), State of New Jersey Common Pension Fund D (0.13%) and Cascade Investment Advisors Inc. (0.13%).

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.
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One share of AUDC stock can currently be purchased for approximately $19.76.

AudioCodes (NASDAQ:AUDC) has a market capitalization of $625.21 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 $0.86 on an earnings per share basis.

The company employs 885 workers across the globe.

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.