Audiocodes Stock Today
| AUDC Stock | USD 10.52 0.10 0.96% |
Performance0 of 100
| Odds Of DistressLess than 4
|
AudioCodes is trading at 10.52 as of the 23rd of April 2024, a 0.96 percent increase since the beginning of the trading day. The stock's open price was 10.42. AudioCodes has only four percent chance of going through some form of financial distress over the next 2 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 28th of February 2023 and ending today, the 23rd of April 2024. Click here to learn more.
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 30.32 M outstanding shares of which 103.89 K shares are presently shorted by private and institutional investors with about 1.82 trading days to cover. More on AudioCodes
Moving against AudioCodes Stock
| 0.49 | FSTF | First State Financial | PairCorr |
| 0.47 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.44 | COHG | Cheetah Oil Gas | PairCorr |
| 0.42 | MMM | 3M Company Earnings Call This Week | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
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. 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.
| CEO | Shabtai Adlersberg | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Israel Wall Street (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Communications Equipment, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Tel Aviv 125, Tel Aviv 90, Israel Wall Street, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to AudioCodes' liquidity, profitability, solvency, and operating efficiency, AudioCodes is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of AudioCodes is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
AudioCodes (AUDC) is traded on NASDAQ Exchange in USA. It is located in 1 Hayarden Street, Lod, Israel, 7019900 and employs 950 people. AudioCodes is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 315.98 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 those looking for more risk prefer small-cap and mid-cap equities. AudioCodes conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 30.32 M outstanding shares of which 103.89 K shares are presently shorted by private and institutional investors with about 1.82 trading days to cover.
AudioCodes currently holds about 57.84 M in cash with 14.89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.82.
Check AudioCodes Probability Of Bankruptcy
Ownership AllocationAudioCodes holds a total of 30.32 Million outstanding shares. Over half of AudioCodes' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in AudioCodes. Please watch out for any change in the institutional holdings of AudioCodes as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check AudioCodes Ownership Details
AudioCodes Stock Price Odds Analysis
What are AudioCodes' target price odds to finish over the current price? Based on a normal probability distribution, the odds of AudioCodes jumping above the current price in 90 days from now is about 99.0%. 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 2.2021. 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, audioCodes has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of AudioCodes to move above the current price in 90 days from now is about 99.0 (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.| Instituion | Recorded On | Shares | |
| Taylor Frigon Capital Management Llc | 2023-12-31 | 240.6 K | |
| Ark Investment Management Llc | 2023-12-31 | 217.4 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 203.8 K | |
| D. E. Shaw & Co Lp | 2023-09-30 | 183.8 K | |
| Essex Investment Management Company, Llc | 2023-12-31 | 171.8 K | |
| Ameriprise Financial Inc | 2023-12-31 | 147.2 K | |
| Qsv Equity Investors Llc | 2023-12-31 | 138.4 K | |
| Millennium Management Llc | 2023-12-31 | 98.1 K | |
| Aptus Capital Advisors, Llc | 2023-12-31 | 93.8 K | |
| Rima Management, Llc | 2023-12-31 | 2.5 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.9 M |
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.
At present, AudioCodes' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 15.1 M, whereas Interest Expense is forecasted to decline to about 1.1 M. View More FundamentalsAudioCodes 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. Please also check how AudioCodes' historical prices are related to one of the top price index indicators.
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 Idea Breakdown Now
Idea BreakdownAnalyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
| 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 Relations | Profile | |
| Doron Nevo | Independent Director | Profile | |
| Zehava Simon | Independent Director | Profile | |
| Joseph Tenne | Independent Director | Profile |
How to buy AudioCodes Stock?
Before investing in AudioCodes, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AudioCodes. To buy AudioCodes stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of AudioCodes. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase AudioCodes stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located AudioCodes stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased AudioCodes stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as AudioCodes, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy AudioCodes Stock please use our How to Invest in AudioCodes guide.
Already Invested 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 Sharpe 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.
When determining whether AudioCodes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AudioCodes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Audiocodes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Audiocodes Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioCodes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.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 the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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 the 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.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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 (0.50) | Dividend Share 0.36 | Earnings Share 0.28 | Revenue Per Share 7.783 | Quarterly Revenue Growth (0.10) |
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 if AudioCodes is a good investment 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.