News articles about AudioCodes (NASDAQ:AUDC) have been trending somewhat positive on Saturday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. AudioCodes earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned headlines about the communications equipment provider an impact score of 45.7059020628977 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

AudioCodes (NASDAQ:AUDC) traded up $0.10 during midday trading on Friday, hitting $7.38. The stock had a trading volume of 75,684 shares, compared to its average volume of 44,898. The firm has a market cap of $231.39, a price-to-earnings ratio of 13.67 and a beta of 0.31. AudioCodes has a fifty-two week low of $5.83 and a fifty-two week high of $8.43. The company has a quick ratio of 1.32, a current ratio of 1.69 and a debt-to-equity ratio of 0.07.

AudioCodes (NASDAQ:AUDC) last released its quarterly earnings data on Wednesday, October 25th. The communications equipment provider reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.01. The business had revenue of $39.20 million for the quarter, compared to analyst estimates of $39.20 million. AudioCodes had a return on equity of 8.33% and a net margin of 11.84%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.08 EPS. equities analysts expect that AudioCodes will post 0.28 earnings per share for the current fiscal year.

A number of analysts have issued reports on AUDC shares. Zacks Investment Research raised AudioCodes from a “hold” rating to a “buy” rating and set a $7.50 price target on the stock in a research note on Friday, September 15th. William Blair reissued a “buy” rating on shares of AudioCodes in a research note on Wednesday, October 25th. Finally, Needham & Company LLC raised their price target on AudioCodes from $8.00 to $8.50 and gave the stock a “buy” rating in a research note on Thursday, October 26th. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $7.67.

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AudioCodes Company Profile

AudioCodes Ltd. designs, develops and sells Voice over-Internet Protocol (VoIP) and converged VoIP, and data networking solutions, products and applications that facilitate Unified Communications (UC) and Contact Center (CC) services. The Company categorizes its products and services into two main business lines: network and technology.

Insider Buying and Selling by Quarter for AudioCodes (NASDAQ:AUDC)

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