AudioCodes (AUDC) Receives Media Sentiment Score of 0.24
Headlines about AudioCodes (NASDAQ:AUDC) have trended somewhat positive on Friday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. AudioCodes earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned media stories about the communications equipment provider an impact score of 48.275394090188 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
AudioCodes (NASDAQ AUDC) traded up $0.06 on Friday, reaching $6.84. The company’s stock had a trading volume of 12,199 shares, compared to its average volume of 106,923. The firm has a market capitalization of $215.50, a price-to-earnings ratio of 24.21 and a beta of 0.25. AudioCodes has a 52 week low of $5.61 and a 52 week high of $8.43. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.32 and a current ratio of 1.69.
AudioCodes (NASDAQ:AUDC) last released its quarterly earnings results on Wednesday, October 25th. The communications equipment provider reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. The company 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 firm’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 earnings per share. sell-side analysts predict that AudioCodes will post 0.28 earnings per share for the current fiscal year.
Several equities research analysts have recently weighed in on AUDC shares. Zacks Investment Research lowered AudioCodes from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. TheStreet raised AudioCodes from a “c+” rating to a “b-” rating in a research report on Thursday, September 7th. William Blair reaffirmed a “buy” rating on shares of AudioCodes in a research report on Wednesday, October 25th. Finally, Needham & Company LLC lifted their price target on AudioCodes from $8.00 to $8.50 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. AudioCodes has an average rating of “Buy” and a consensus price target of $7.67.
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.
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