AudioCodes (AUDC) Stock Price, News & Analysis

Company Overview

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. The company also offers One Voice Operations Center, a voice network management solution; Device Manager for administering business phones and meeting room solutions; AudioCodes Routing Manager for handling call routing in VoIP networks; and User Management Pack 365 simplifies user lifecycle and identity management across Microsoft Teams and Skype for Business deployments. In addition, it provides AudioCodes Live for Microsoft Teams, a portfolio of managed services for simplifying Teams adoption; appliances for Microsoft Skype/Teams for Business, such as survivable branch appliances, CCE, and CloudBond 365; and a range of value-added voice applications comprising SmartTAP, Voca, VoiceAI Connect, and Meeting Insights. Further, the company offers managed services; and AudioCodes Live Platform is a SaaS solution that enables service providers to offer their business customers a seamless migration to uCaaS solutions, such as Microsoft Teams and Zoom Phone. It primarily markets and sells its products through a direct sales force and sales representatives to original equipment manufacturers, network equipment providers, and systems integrators, enterprises, carriers, and distributors in the telecommunications and networking industries. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel.

Key Stats

• Today's Range: $9.16 to $9.33
• 50-Day Range: $7.78 to $9.75
• 52-Week Range: $7.70 to $14.45
• Volume: 49,955 shs
• Average Volume: 77,408 shs
• Market Capitalization: $278.00 million
• P/E Ratio: 23.00
• Dividend Yield: 3.91%
• Price Target: $10.00
• Consensus Rating: Hold

AudioCodes Stock Analysis - MarketRank™

AudioCodes scored higher than 75% of companies evaluated by MarketBeat, and ranked 241st out of 663 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

AudioCodes has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

AudioCodes has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 37.25%

Earnings Growth

Earnings for AudioCodes are expected to grow by 37.25% in the coming year, from $0.51 to $0.70 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AudioCodes is 23.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.18.

Price to Earnings Ratio vs. Sector

The P/E ratio of AudioCodes is 23.00, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 270.33.

Price to Book Value per Share Ratio

AudioCodes has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.05% of the float of AudioCodes has been sold short.

Short Interest Ratio / Days to Cover

AudioCodes has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AudioCodes has recently decreased by 24.79%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

AudioCodes is a leading dividend payer. It pays a dividend yield of 3.89%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

AudioCodes does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of AudioCodes is 90.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, AudioCodes will have a dividend payout ratio of 51.43% next year. This indicates that AudioCodes will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.05% of the float of AudioCodes has been sold short.

Short Interest Ratio / Days to Cover

AudioCodes has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AudioCodes has recently decreased by 24.79%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.06

News Sentiment

AudioCodes has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for AudioCodes this week, compared to 2 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, AudioCodes insiders have not sold or bought any company stock.

Percentage Held by Insiders

48.80% of the stock of AudioCodes is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

68.05% of the stock of AudioCodes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AUDC Stock Analysis - Frequently Asked Questions

How have AUDC shares performed this year?

AudioCodes' stock was trading at $12.07 at the beginning of the year. Since then, AUDC shares have decreased by 23.8% and is now trading at $9.20.
View the best growth stocks for 2024 here.

How were AudioCodes' earnings last quarter?

AudioCodes Ltd. (NASDAQ:AUDC) released its earnings results on Monday, October, 25th. The communications equipment provider reported $0.38 earnings per share (EPS) 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 the consensus estimate of $62.55 million. AudioCodes had a net margin of 4.99% and a trailing twelve-month return on equity of 8.85%.

Does AudioCodes have any subsidiaries?

AudioCodes subsidiaries include Ai-Logix Inc, AUDIOCODES AUSTRALIA PTY LTD, AUDIOCODES EUROPE LTD, Audiocodes Inc., Audio Codes Inc, AUDIOCODES ITALY SRL IN FORMA ABBREVIATA AUDIOCODES ITALY SRL, AUDIOCODES JAPAN K.K., and others.

Who are AudioCodes' major shareholders?

Top institutional investors of AudioCodes include Senvest Management LLC (8.54%), Taylor Frigon Capital Management LLC (1.31%), Walleye Capital LLC (0.78%) and ARK Investment Management LLC (0.62%).

How do I buy shares of AudioCodes?

Shares of AUDC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AudioCodes own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AudioCodes investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 10/25/2021
• Today: 12/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Telephone & telegraph apparatus
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:AUDC
• CUSIP: N/A
• CIK: 1086434
• Web: www.audiocodes.com
• Phone: (723) 976-4105
• Fax: 972-3976-4040
• Employees: 950
• Year Founded: 1993

Price Target and Rating

• Average Stock Price Target: $10.00
• High Stock Price Target: $11.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +8.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.40
• Trailing P/E Ratio: 23.10
• Forward P/E Ratio: 18.12
• P/E Growth: N/A
• Net Income: $8.78 million
• Net Margins: 4.99%
• Pretax Margin: 7.53%
• Return on Equity: 8.85%
• Return on Assets: 4.97%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.03
• Quick Ratio: 1.58

Sales & Book Value

• Annual Sales: $244.18 million
• Price / Sales: 1.14
• Cash Flow: $0.55 per share
• Price / Cash Flow: 16.93
• Book Value: $5.94 per share
• Price / Book: 1.56

Miscellaneous

• Outstanding Shares: 30,217,000
• Free Float: 15,471,000
• Market Cap: $279.21 million
• Optionable: Optionable
• Beta: 0.84