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Audience (NASDAQ:ADNC) has received an average rating of “Hold” from the nine brokerages that are covering the stock, ARN reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $10.11.

Audience (NASDAQ:ADNC) opened at 8.29 on Monday. Audience has a 52 week low of $7.80 and a 52 week high of $13.59. The stock’s 50-day moving average is $10.7 and its 200-day moving average is $11.. The company’s market cap is $186.7 million.

Audience (NASDAQ:ADNC) last issued its quarterly earnings data on Thursday, July 31st. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.02. The company had revenue of $37.50 million for the quarter, compared to the consensus estimate of $38.60 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was down 17.2% on a year-over-year basis. On average, analysts predict that Audience will post $-0.80 earnings per share for the current fiscal year.

In other Audience news, Director Barry L. Cox unloaded 7,000 shares of the stock on the open market in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $8.19, for a total value of $57,330.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of analysts have recently weighed in on ADNC shares. Analysts at Pacific Crest initiated coverage on shares of Audience in a research note on Thursday. They set an “outperform” rating on the stock. Separately, analysts at Zacks downgraded shares of Audience from a “neutral” rating to an “underperform” rating in a research note on Wednesday. They now have a $7.80 price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Audience from $14.00 to $13.00 in a research note on Friday, August 1st. They now have an “overweight” rating on the stock.

Audience, Inc, incorporated on is a provider of voice and audio solutions that improve voice quality and the user experience in mobile devices.

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