NASDAQ:AUDC - AudioCodes Stock Price, News & Analysis

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

AudioCodes announced an annual dividend on Tuesday, August 6th. Investors of record on Monday, August 19th will be given a dividend of $0.12 per share on Tuesday, September 3rd. This represents a yield of 0.64%. The ex-dividend date of this dividend is Friday, August 16th. This is a boost from AudioCodes's previous annual dividend of $0.11. View AudioCodes' Dividend History.

AudioCodes Ltd. (NASDAQ:AUDC) released its quarterly earnings data on Tuesday, July, 23rd. The communications equipment provider reported $0.19 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.01. The communications equipment provider had revenue of $49.50 million for the quarter. AudioCodes had a net margin of 8.86% and a return on equity of 21.61%. View AudioCodes' Earnings History.

AudioCodes is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for AudioCodes.

2 analysts have issued 1-year price objectives for AudioCodes' stock. Their predictions range from $7.00 to $20.00. On average, they expect AudioCodes' share price to reach $13.50 in the next year. This suggests that the stock has a possible downside of 22.9%. View Analyst Price Targets for 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.

Media coverage about AUDC stock has trended negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. AudioCodes earned a news impact score of -2.3 on InfoTrie's scale. They also assigned headlines about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for AudioCodes.

AudioCodes saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 187,600 shares, an increase of 299.1% from the June 30th total of 47,000 shares. Based on an average daily trading volume, of 172,200 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.9% of the shares of the stock are sold short. View AudioCodes' Current Options Chain.

Some companies that are related to AudioCodes include Fabrinet (FN), Avaya (AVYA), Plantronics (PLT), NetGear (NTGR), Infinera (INFN), ADTRAN (ADTN), DASAN Zhone Solutions (DZSI), Akoustis Technologies (AKTS), Clearfield (CLFD), Sonim Technologies (SONM), Communications Systems (JCS), Clearone (CLRO), Franklin Wireless (FKWL), AltiGen Communications (ATGN) and Westell Technologies (WSTL).

Based on aggregate information from My MarketBeat watchlists, some companies that other AudioCodes investors own include NVIDIA (NVDA), Energy Transfer LP Unit (ET), Ford Motor (F), Cypress Semiconductor (CY), Micron Technology (MU), Ribbon Communications (RBBN), Encana (ECA), Advanced Micro Devices (AMD), Broadcom (AVGO) and BioTelemetry (BEAT).

AudioCodes' stock is owned by a number of of retail and institutional investors. Top institutional investors include Morgan Stanley (7.09%), Acadian Asset Management LLC (3.74%), Vanguard Group Inc. (1.64%), Altshuler Shaham Ltd (0.97%), Navellier & Associates Inc (0.60%) and Victory Capital Management Inc. (0.56%).

AUDC stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Morgan Stanley, D. E. Shaw & Co. Inc., Menta Capital LLC, Senvest Management LLC, JPMorgan Chase & Co., ClariVest Asset Management LLC and ARK Investment Management LLC.

AUDC stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Bogle Investment Management L P DE, Altshuler Shaham Ltd, Systematic Financial Management LP, Yorktown Management & Research Co Inc, Allianz Asset Management GmbH, Navellier & Associates Inc and OMERS ADMINISTRATION Corp.

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, Scottrade, Fidelity and Charles Schwab.

One share of AUDC stock can currently be purchased for approximately $17.51.

AudioCodes has a market capitalization of $510.77 million and generates $176.22 million in revenue each year. AudioCodes employs 706 workers across the globe.View Additional Information About AudioCodes.

The official website for AudioCodes is http://www.audiocodes.com/.

AudioCodes' mailing address is 1 HAYARDEN STREET AIRPORT CITY, LOD L3, 7019900. The communications equipment provider can be reached via phone at 972-3976-4000 or via email at [email protected]