AudioCodes (NASDAQ:AUDC - Get Free Report) posted its quarterly earnings data on Tuesday. The communications equipment provider reported $0.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.09, Zacks reports. AudioCodes had a net margin of 4.99% and a return on equity of 8.85%. AudioCodes updated its FY 2025 guidance to EPS.
AudioCodes Stock Performance
AUDC stock traded down $0.15 during midday trading on Friday, reaching $12.22. 114,606 shares of the company's stock traded hands, compared to its average volume of 124,548. The firm has a market capitalization of $369.29 million, a PE ratio of 30.55 and a beta of 0.80. The company has a 50-day moving average price of $9.97 and a two-hundred day moving average price of $9.82. AudioCodes has a 52 week low of $7.70 and a 52 week high of $14.04.
AudioCodes Announces Dividend
The firm also recently disclosed a semi-annual dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 20th will be issued a $0.18 dividend. This represents a yield of 3%. The ex-dividend date is Thursday, February 20th. AudioCodes's dividend payout ratio (DPR) is presently 90.00%.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the stock. Needham & Company LLC raised their price target on shares of AudioCodes from $11.00 to $12.50 and gave the stock a "buy" rating in a research note on Wednesday. Barclays boosted their target price on AudioCodes from $9.00 to $10.00 and gave the company an "underweight" rating in a research note on Wednesday. Finally, StockNews.com upgraded AudioCodes from a "buy" rating to a "strong-buy" rating in a research note on Wednesday.
Read Our Latest Research Report on AUDC
AudioCodes Company Profile
(
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AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace worldwide. The company offers solutions, products, and services for unified communications, contact centers, hosted business services, Voice.AI, and service provider businesses. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services.
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