AudioCodes 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
- Market Cap: $220.58 million
- Outstanding Shares: 31,596,000
- 50 Day Moving Avg: $6.77
- 200 Day Moving Avg: $6.61
- 52 Week Range: $5.07 - $7.26
Sales & Book Value:
- Trailing P/E Ratio: 12.99
- Foreward P/E Ratio: 22.55
- P/E Growth: 0.77
- Annual Revenue: $151.06 million
- Price / Sales: 1.46
- Book Value: $3.29 per share
- Price / Book: 2.12
- EBIDTA: $10.3 million
- Net Margins: 11.95%
- Return on Equity: 7.78%
- Return on Assets: 4.47%
- Debt-to-Equity Ratio: 0.07%
- Current Ratio: 1.72%
- Quick Ratio: 1.37%
- Average Volume: 65,964 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 declared that its board has authorized a share buyback plan on Monday, April 10th 2017, which authorizes the company to repurchase $15,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 6.8% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.
How were AudioCodes' earnings last quarter?
AudioCodes Ltd. (NASDAQ:AUDC) released its quarterly earnings data on Wednesday, July, 26th. The company reported $0.08 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.08. The firm had revenue of $38.70 million for the quarter, compared to analyst estimates of $38.23 million. AudioCodes had a return on equity of 7.78% and a net margin of 11.95%. AudioCodes's revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.06 EPS. View AudioCodes' Earnings History.
When will AudioCodes make its next earnings announcement?
Where is AudioCodes' stock going? Where will AudioCodes' stock price be in 2017?
3 brokerages have issued 1 year price objectives for AudioCodes' stock. Their predictions range from $7.00 to $8.00. On average, they expect AudioCodes' share 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?
Some companies that are related to AudioCodes include Sonus Networks (SONS), Gilat Satellite Networks (GILT), Digi International (DGII), Calix (CALX), Harmonic (HLIT), EMCORE Corporation (EMKR), Ooma (OOMA), Clearfield (CLFD), Aerohive Networks (HIVE), CityFibre Infrastructure Holdings PLC (CITY), TESSCO Technologies Incorporated (TESS), Airgain (AIRG), UTStarcom Holdings Corp (UTSI), BATM Advanced Communications Ltd (BVC), SRT Marine Systems PLC (SRT), Communications Systems (JCS), Lantronix (LTRX) and Trakm8 Holdings PLC (TRAK).
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 institutional and retail 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 acquired 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?
MarketBeat Community Rating for AudioCodes (NASDAQ AUDC)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.
One share of AudioCodes stock can currently be purchased for approximately $6.99.
Consensus Ratings for AudioCodes (NASDAQ:AUDC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 2 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$7.50 (7.30% upside)|
Analysts' Ratings History for AudioCodes (NASDAQ:AUDC)
(Data available from 9/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/4/2017||Northland Securities||Set Price Target||Hold||$7.00||Low|
|1/31/2017||Needham & Company LLC||Boost Price Target||Buy||$6.00 -> $8.00||N/A|
|10/26/2016||William Blair||Reiterated Rating||Buy||N/A|
|7/28/2016||Drexel Hamilton||Reiterated Rating||Hold||N/A|
Earnings History for AudioCodes (NASDAQ:AUDC)Earnings History by Quarter for AudioCodes (NASDAQ AUDC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||6/30/2017||$0.08||$0.08||$38.23 million||$38.70 million||View||N/A|
|4/26/2017||3/31/2017||$0.05||$0.06||$36.78 million||$37.40 million||View||N/A|
|1/31/2017||Q416||$0.08||$0.08||$38.23 million||$37.80 million||View||N/A|
|11/1/2016||Q316||$0.04||$0.07||$37.03 million||$37.20 million||View||N/A|
|7/26/2016||Q216||$0.04||$0.06||$35.38 million||$35.90 million||View||Listen|
|5/3/2016||Q116||$0.04||$0.04||$33.71 million||$34.80 million||View||N/A|
|1/26/2016||Q415||$0.05||$0.07||$35.66 million||$35.60 million||View||Listen|
|11/3/2015||Q315||$0.02||$0.03||$33.85 million||$34.20 million||View||N/A|
|7/28/2015||Q215||($0.02)||($0.03)||$34.19 million||$32.40 million||View||Listen|
|4/28/2015||Q115||$0.03||$0.03||$38.64 million||$37.50 million||View||Listen|
|1/27/2015||Q414||$0.03||$0.04||$39.50 million||$39.10 million||View||N/A|
|10/30/2014||Q314||$0.05||$0.04||$38.32 million||$38.90 million||View||N/A|
|7/29/2014||Q214||$0.04||$0.02||$37.00 million||$37.60 million||View||Listen|
|4/30/2014||Q114||$0.03||$0.03||$35.76 million||$36.00 million||View||Listen|
|1/29/2014||Q313||$0.05||$0.05||$36.25 million||$36.30 million||View||Listen|
|10/30/2013||$0.03||$0.04||$34.78 million||$35.00 million||View||Listen|
|7/30/2013||Q2 2013||$0.02||$0.03||$32.91 million||$33.70 million||View||Listen|
|4/29/2013||Q1 2013||$0.01||$0.02||$32.64 million||$32.30 million||View||N/A|
|1/30/2013||Q4 2012||$0.01||$0.03||$32.93 million||$32.80 million||View||N/A|
|11/5/2012||Q312||($0.03)||($0.01)||$30.08 million||$31.40 million||View||N/A|
Earnings Estimates for AudioCodes (NASDAQ:AUDC)
2017 EPS Consensus Estimate: $0.24
2018 EPS Consensus Estimate: $0.31
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for AudioCodes (NASDAQ:AUDC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for AudioCodes (NASDAQ:AUDC)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for AudioCodes (NASDAQ:AUDC)
Latest Headlines for AudioCodes (NASDAQ:AUDC)
|AudioCodes Launches VocaNom™ Voice Dialing on 400HD IP Phones|
finance.yahoo.com - September 19 at 4:11 PM
| Brokerages Anticipate AudioCodes Ltd. (AUDC) Will Post Earnings of $0.09 Per Share|
www.americanbankingnews.com - September 18 at 6:20 PM
|Zacks Investment Research Upgrades AudioCodes Ltd. (AUDC) to Buy|
www.americanbankingnews.com - September 15 at 7:26 PM
|Mexico accepts Israeli offer to help develop Central America|
www.msn.com - September 15 at 2:52 AM
|AudioCodes Ltd. (AUDC) Downgraded by Zacks Investment Research|
www.americanbankingnews.com - September 14 at 7:50 PM
|Contrasting AudioCodes (AUDC) & The Competition|
www.americanbankingnews.com - September 12 at 11:00 AM
|AudioCodes Ltd. (AUDC) Upgraded to "B-" by TheStreet|
www.americanbankingnews.com - September 11 at 7:02 PM
|Portugal Telecom Selects AudioCodes’ SIP Trunking Solutions for its All-IP Network Transformation Project|
finance.yahoo.com - September 11 at 4:17 PM
|ETFs with exposure to AudioCodes Ltd. : September 7, 2017|
finance.yahoo.com - September 7 at 4:16 PM
|AudioCodes Ltd. :AUDC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 6, 2017|
finance.yahoo.com - September 6 at 9:12 PM
|Zacks: Analysts Anticipate AudioCodes Ltd. (AUDC) to Post $0.09 EPS|
www.americanbankingnews.com - August 31 at 6:12 AM
|Should AudioCodes (AUDC) Be On Your Radar Now? - Yahoo Finance|
finance.yahoo.com - August 26 at 8:57 PM
|Should AudioCodes (AUDC) Be On Your Radar Now? - Nasdaq|
www.nasdaq.com - August 26 at 3:55 PM
|Should AudioCodes (AUDC) Be On Your Radar Now?|
finance.yahoo.com - August 25 at 5:48 PM
|AudioCodes Ltd. (AUDC) Lifted to Buy at Zacks Investment Research|
www.americanbankingnews.com - August 23 at 7:46 PM
|AudioCodes Ltd. (AUDC) Downgraded by Zacks Investment Research to Hold|
www.americanbankingnews.com - August 22 at 7:32 PM
|ETFs with exposure to AudioCodes Ltd. : August 14, 2017|
finance.yahoo.com - August 14 at 4:34 PM
|Analyzing AudioCodes (NASDAQ:AUDC) & Ixia (XXIA)|
www.americanbankingnews.com - August 13 at 10:40 AM
|Arista Networks (ANET) Soars: Stock Adds 19.4% in Session|
finance.yahoo.com - August 7 at 5:01 PM
|AudioCodes Ltd. (AUDC) Rating Increased to Buy at Zacks Investment Research|
www.americanbankingnews.com - July 31 at 9:56 PM
|AudioCodes Ltd. :AUDC-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017|
finance.yahoo.com - July 31 at 4:15 PM
|Q4 2017 EPS Estimates for AudioCodes Ltd. Lifted by William Blair (AUDC)|
www.americanbankingnews.com - July 31 at 7:54 AM
|AudioCodes Ltd. : Overvalued relative to peers, but good fundamentals|
finance.yahoo.com - July 28 at 5:30 PM
| Analysts Anticipate AudioCodes Ltd. (AUDC) Will Post Quarterly Sales of $39.75 Million|
www.americanbankingnews.com - July 27 at 11:59 AM
|Edited Transcript of AUDC earnings conference call or presentation 26-Jul-17 12:00pm GMT|
finance.yahoo.com - July 27 at 2:53 AM
|Investor Network: AudioCodes Ltd. to Host Earnings Call|
finance.yahoo.com - July 26 at 4:49 PM
|AudioCodes posts 2Q profit|
finance.yahoo.com - July 26 at 4:49 PM
|AudioCodes Ltd. (AUDC) Issues Earnings Results, Meets Estimates|
www.americanbankingnews.com - July 26 at 11:25 AM
|AudioCodes Reports Second Quarter 2017 Results|
finance.yahoo.com - July 26 at 2:10 AM
|$0.05 Earnings Per Share Expected for AudioCodes Ltd. (NASDAQ:AUDC) This Quarter|
www.americanbankingnews.com - July 25 at 2:37 PM
|AudioCodes Teams Up With Sumitomo Shoji Machinex Japan|
finance.yahoo.com - July 24 at 12:52 PM
|AudioCodes Ltd. (AUDC) Set to Announce Quarterly Earnings on Wednesday|
www.americanbankingnews.com - July 19 at 9:16 AM
|AudioCodes Ltd. (AUDC) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - July 14 at 3:18 PM
|AudioCodes Announces CCE Hub Solution for Microsoft Cloud PBX Environments|
finance.yahoo.com - July 10 at 4:13 PM
|Northland Securities Analysts Give AudioCodes Ltd. (NASDAQ:AUDC) a $7.00 Price Target|
www.americanbankingnews.com - July 9 at 5:28 PM
|AudioCodes Announces Second Quarter 2017 Reporting Date|
finance.yahoo.com - July 6 at 5:33 PM
|AudioCodes Ltd. (AUDC) Downgraded to C+ at TheStreet|
www.americanbankingnews.com - July 2 at 11:14 PM
|AudioCodes Ltd. (AUDC) Expected to Announce Quarterly Sales of $38.25 Million|
www.americanbankingnews.com - July 1 at 9:06 AM
|Zacks: Analysts Anticipate AudioCodes Ltd. (AUDC) to Post $0.05 EPS|
www.americanbankingnews.com - June 29 at 10:24 AM
|AudioCodes SBCs Enable Axtel's UCaaS and SIP Trunking Services - PR Newswire (press release)|
www.prnewswire.com - June 28 at 4:23 PM
|AudioCodes Ltd. (AUDC) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - June 27 at 9:34 PM
|AudioCodes SBCs Enable Axtel's UCaaS and SIP Trunking Services|
finance.yahoo.com - June 26 at 4:18 PM
|AudioCodes Ltd. (AUDC) Given Consensus Rating of "Buy" by Analysts|
www.americanbankingnews.com - June 19 at 2:48 PM
|Zacks: Brokerages Expect AudioCodes Ltd. (AUDC) Will Announce Quarterly Sales of $38.25 Million|
www.americanbankingnews.com - June 7 at 11:48 AM
| Analysts Expect AudioCodes Ltd. (AUDC) Will Post Earnings of $0.05 Per Share|
www.americanbankingnews.com - June 5 at 8:26 AM
|AudioCodes Ltd. is trading above its 50 day moving average : AUDC-US : June 1, 2017|
finance.yahoo.com - June 1 at 4:01 PM
|Technology Sector Update for 05/16/2017: AUDC,XGTI,VRTU - Nasdaq|
www.nasdaq.com - May 16 at 8:50 PM
|AudioCodes Receives Approval for Extension of Share Repurchase Program|
finance.yahoo.com - May 16 at 12:27 PM
|$38.25 Million in Sales Expected for AudioCodes Ltd. (AUDC) This Quarter|
www.americanbankingnews.com - May 11 at 10:14 AM
|AudioCodes Ltd. (AUDC) Expected to Announce Earnings of $0.05 Per Share|
www.americanbankingnews.com - May 9 at 8:28 PM
AudioCodes (AUDC) Chart for Wednesday, September, 20, 2017