Audiocodes Stock Today

AUDC
 Stock
  

USD 23.03  0.41  1.75%   

Market Performance
0 of 100
Odds Of Distress
Less than 2
Audiocodes is trading at 23.03 as of the 19th of August 2022, a -1.75 percent decrease since the beginning of the trading day. The stock's open price was 23.44. Audiocodes has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Audiocodes are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of July 2022 and ending today, the 19th of August 2022. Click here to learn more.
CUSIP
M15342104
Fiscal Year End
December
Business Domain
Technology Hardware & Equipment
IPO Date
28th of May 1999
Category
Technology
Classification
Information Technology
AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel. Audiocodes operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. The company has 32.3 M outstanding shares of which 85.54 K shares are presently shorted by private and institutional investors with about 1.56 trading days to cover. More on Audiocodes
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Audiocodes Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Audiocodes' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Audiocodes or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Audiocodes has a strong financial position based on the latest SEC filings
About 25.0% of the company shares are held by company insiders
Latest headline from www.marketscreener.com: AudioCodes Notice of and Proxy Statement for the Annual General Meeting of Shareholders, dated August 10, 2022 - Form 6-K - Marketscreener.com
CEOShabtai Adlersberg
Thematic IdeaIsrael Wall Street (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Audiocodes report their recommendations after researching Audiocodes' financial statements, talking to executives and customers, or listening in on Audiocodes' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Audiocodes. The Audiocodes consensus assessment is calculated by taking the average forecast from all of the analysts covering Audiocodes.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Audiocodes based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Audiocodes financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares32.1 M32.7 M
Fairly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted33.1 M33.8 M
Fairly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations51.1 M47.3 M
Significantly Up
Increasing
Slightly volatile
Total Assets310.8 M349.4 M
Fairly Down
Increasing
Slightly volatile
Total Liabilities130.9 M143.9 M
Significantly Down
Increasing
Slightly volatile
Current Assets151.8 M167.6 M
Moderately Down
Increasing
Slightly volatile
Current Liabilities83.4 M95.9 M
Fairly Down
Increasing
Slightly volatile
Total Debt21 M19.5 M
Significantly Up
Decreasing
Stable
Return on Average Assets0.10.096
Sufficiently Up
Increasing
Slightly volatile
Gross Margin0.710.687
Sufficiently Up
Increasing
Slightly volatile
Asset Turnover0.710.709
Slightly Up
Decreasing
Stable
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Audiocodes' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Audiocodes' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Audiocodes' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Audiocodes' financial leverage. It provides some insight into what part of Audiocodes' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Audiocodes' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Audiocodes deploys its capital and how much of that capital is borrowed.
Liquidity
Audiocodes cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 15.74 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Audiocodes has a current ratio of 1.41, which is within standard range for the sector. Debt can assist Audiocodes until it has trouble settling it off, either with new capital or with free cash flow. So, Audiocodes' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Audiocodes sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Audiocodes to invest in growth at high rates of return. When we think about Audiocodes' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

51.08 Million
Audiocodes (AUDC) is traded on NASDAQ Exchange in USA. It is located in 1 Hayarden Street and employs 885 people. Audiocodes is listed under Electronic Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with current market capitalization of 753.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Audiocodes's market, we take the total number of its shares issued and multiply it by Audiocodes's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Audiocodes conducts business under Technology sector and is part of Communication Equipment industry. The entity has 32.3 M outstanding shares of which 85.54 K shares are presently shorted by private and institutional investors with about 1.56 trading days to cover. Audiocodes currently holds about 43.95 M in cash with 35.26 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36.
Check Audiocodes Probability Of Bankruptcy
Ownership
Audiocodes retains a total of 32.3 Million outstanding shares. Audiocodes retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Audiocodes Ownership Details

Audiocodes Stock Price Odds Analysis

What are Audiocodes' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Audiocodes jumping above the current price in 90 days from now is about 22.06%. The Audiocodes probability density function shows the probability of Audiocodes stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.3098. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Audiocodes will likely underperform. Additionally, the company has an alpha of 0.0884, implying that it can generate a 0.0884 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 23.03HorizonTargetOdds Above 23.03
77.71%90 days
 23.03 
22.06%
Based on a normal probability distribution, the odds of Audiocodes to move above the current price in 90 days from now is about 22.06 (This Audiocodes probability density function shows the probability of Audiocodes Stock to fall within a particular range of prices over 90 days) .

Audiocodes Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Audiocodes that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Audiocodes' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Audiocodes' value.
InstituionSecurity TypeTotal SharesValue
Global Alpha Capital Management LtdCommon Shares1.8 M39 M
Copeland Capital Management LlcCommon Shares1.6 M35.7 M
View Audiocodes Diagnostics

Audiocodes Historical Income Statement

Audiocodes Income Statement is one of the three primary financial statements used for reporting Audiocodes's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Audiocodes revenue and expense. Audiocodes Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Audiocodes Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 33.75 Million. The current year Cost of Revenue is expected to grow to about 79.6 M, whereas Gross Profit is forecasted to decline to about 149.3 M. View More Fundamentals

Audiocodes Stock Against Markets

Picking the right benchmark for Audiocodes stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Audiocodes stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Audiocodes is critical whether you are bullish or bearish towards Audiocodes at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Audiocodes without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Global Correlations Now

   

Global Correlations

Find global opportunities by holding instruments from different markets
All  Next Launch Module

Audiocodes Corporate Directors

Audiocodes corporate directors refer to members of an Audiocodes board of directors. The board of directors generally takes responsibility for the Audiocodes' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Audiocodes' board members must vote for the resolution. The Audiocodes board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Shirley Nakar - Director of Investor RelationsProfile
Doron Nevo - Independent DirectorProfile
Zehava Simon - Independent DirectorProfile
Joseph Tenne - Independent DirectorProfile

Invested in Audiocodes?

You need to understand the risk of investing before taking a position in Audiocodes. The danger of trading Audiocodes is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Audiocodes is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Audiocodes. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Audiocodes is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Audiocodes information on this page should be used as a complementary analysis to other Audiocodes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Audiocodes Stock analysis

When running Audiocodes price analysis, check to measure Audiocodes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Audiocodes is operating at the current time. Most of Audiocodes' value examination focuses on studying past and present price action to predict the probability of Audiocodes' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Audiocodes' price. Additionally, you may evaluate how the addition of Audiocodes to your portfolios can decrease your overall portfolio volatility.
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Is Audiocodes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Audiocodes. If investors know Audiocodes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Audiocodes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.13
Market Capitalization
744.8 M
Quarterly Revenue Growth YOY
0.13
Return On Assets
0.0651
Return On Equity
0.16
The market value of Audiocodes is measured differently than its book value, which is the value of Audiocodes that is recorded on the company's balance sheet. Investors also form their own opinion of Audiocodes' value that differs from its market value or its book value, called intrinsic value, which is Audiocodes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Audiocodes' market value can be influenced by many factors that don't directly affect Audiocodes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Audiocodes' value and its price as these two are different measures arrived at by different means. Investors typically determine Audiocodes value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Audiocodes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.