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:
  • 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
  • Trailing P/E Ratio: 12.90
  • Foreward P/E Ratio: 17.35
  • P/E Growth: 0.77
Sales & Book Value:
  • Annual Revenue: $151.06 million
  • Price / Sales: 1.45
  • Book Value: $3.29 per share
  • Price / Book: 2.11
  • 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: 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 declared that its board has approved a stock buyback program 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 shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

How were AudioCodes' earnings last quarter?

AudioCodes Ltd. (NASDAQ:AUDC) issued its earnings results on Wednesday, July, 26th. The company reported $0.08 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.08. The company had revenue of $38.70 million for the quarter, compared to the consensus estimate 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% 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 objectives for AudioCodes' shares. Their predictions range from $7.00 to $8.00. On average, they anticipate 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 many different 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 bought 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:  118 (Vote Outperform)
Underperform Votes:  78 (Vote Underperform)
Total Votes:  196
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)
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 9/20/2015 forward)


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)


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)


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

Insider Trades

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


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



AudioCodes (AUDC) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by Staff