How to buy AudioCodes stock

AudioCodes Ltd is a communication equipment business based in the US. AudioCodes shares (AUDC) are listed on the NASDAQ and all prices are listed in US Dollars.

AudioCodes share price

Use our graph to track the performance of AUDC stocks over time.

AudioCodes shares at a glance

• Key figures

Information last updated 2021-04-29.

52-week range	$25.90 - $44.53
50-day moving average	$29.34
200-day moving average	$29.46
Wall St. target price	$40.20
PE ratio	31.9093
Dividend yield	$0.3 (0.99%)
Earnings per share (TTM)	$0.95

Buy AudioCodes shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.

*Signup bonus information updated weekly.

Is it a good time to buy AudioCodes stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of AudioCodes Ltd by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is AudioCodes under- or over-valued?

Valuing AudioCodes stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of AudioCodes's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

AudioCodes's P/E ratio

AudioCodes's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, AudioCodes shares trade at around 32x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

AudioCodes's PEG ratio

AudioCodes's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.83. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into AudioCodes's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

AudioCodes's EBITDA

AudioCodes's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $44.6 million.

The EBITDA is a measure of a AudioCodes's overall financial performance and is widely used to measure a its profitability.

AudioCodes financials

Revenue TTM	$227.6 million
Operating margin TTM	18.59%
Gross profit TTM	$149.8 million
Return on assets TTM	8.94%
Return on equity TTM	21.18%
Profit margin	14.05%
Book value	$6.24
Market capitalisation	$965 million

TTM: trailing 12 months

Shorting AudioCodes shares

There are currently 741,351 AudioCodes shares held short by investors – that's known as AudioCodes's "short interest". This figure is 29.2% up from 573,759 last month.

There are a few different ways that this level of interest in shorting AudioCodes shares can be evaluated.

AudioCodes's "short interest ratio" (SIR)

AudioCodes's "short interest ratio" (SIR) is the quantity of AudioCodes shares currently shorted divided by the average quantity of AudioCodes shares traded daily (recently around 195092.36842105). AudioCodes's SIR currently stands at 3.8. In other words for every 100,000 AudioCodes shares traded daily on the market, roughly 3800 shares are currently held short.

However AudioCodes's short interest can also be evaluated against the total number of AudioCodes shares, or, against the total number of tradable AudioCodes shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case AudioCodes's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 AudioCodes shares in existence, roughly 20 shares are currently held short) or 0.0282% of the tradable shares (for every 100,000 tradable AudioCodes shares, roughly 28 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against AudioCodes.

Find out more about how you can short AudioCodes stock.

AudioCodes share dividends

Dividend payout ratio: 17.05% of net profits

Recently AudioCodes has paid out, on average, around 17.05% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.04% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), AudioCodes shareholders could enjoy a 1.04% return on their shares, in the form of dividend payments. In AudioCodes's case, that would currently equate to about $0.3 per share.

While AudioCodes's payout ratio might seem low, this can signify that AudioCodes is investing more in its future growth.

AudioCodes's most recent dividend payout was on 3 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 16 February 2021 (the "ex-dividend date").

Have AudioCodes's shares ever split?

AudioCodes's shares were split on a 2:1 basis on 9 October 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your AudioCodes shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for AudioCodes shares which in turn could have impacted AudioCodes's share price.

AudioCodes share price volatility

Over the last 12 months, AudioCodes's shares have ranged in value from as little as $25.9 up to $44.5292. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while AudioCodes's is 0.5262. This would suggest that AudioCodes's shares are less volatile than average (for this exchange).

AudioCodes overview

AudioCodes Ltd. designs, develops, and sells voice over IP (VoIP), converged VoIP, and data networking solutions, products, and applications for enterprise unified communications, contact centers, service provider business services, mobile VoIP, and cloud virtualized data centers. The company's products include IP phones, session border controllers (SBC), media gateways, multi-service business routers, managed IP phones, residential gateways, media servers, mobile communications solutions, value added applications, life cycle management solutions, professional services, and survivable branch appliances; device manager; CloudBond 365, an adaptable solution for the data center, customer premises or the branch; CloudBond 365 CCE appliances; User Management Pack 365, a software management application; and VoIP management and routing, a suite of lifecycle applications for large scale cloud or premises-based unified communications deployments. It also provides VocaNOM call routing products; SmartTAP call recording products; Auto Attendant, a tool for managing inbound calls and delivery services; signal processor chips; communications boards; and voice and data logging hardware integration board products. In addition, the company offers planning, implementation, operations, and support services, as well as consulting and training services. It primarily markets and sells its products through a direct sales force and sales representatives to original equipment manufacturers, system integrators and distributors, and network equipment providers in the telecommunication and networking industries. The company operates in the Americas, Europe, the Far East, and Israel.

Frequently asked questions

• What percentage of AudioCodes is owned by insiders or institutions?

  Currently 25.238% of AudioCodes shares are held by insiders and 35.844% by institutions.

• When does the fiscal year end for AudioCodes?

  AudioCodes's fiscal year ends in December.

• Where is AudioCodes based?

  AudioCodes's address is: 1 Hayarden Street, Lod, Israel, 7019900

• What is AudioCodes's ISIN number?

  AudioCodes's international securities identification number is: IL0010829658

• What is AudioCodes's CUSIP number?

  AudioCodes's Committee on Uniform Securities Identification Procedures number is: M15342104