AudioCodes (NASDAQ:AUDC – Get Free Report) will be releasing its earnings data before the market opens on Tuesday, May 7th. Analysts expect AudioCodes to post earnings of $0.20 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
AudioCodes (NASDAQ:AUDC – Get Free Report) last announced its earnings results on Tuesday, February 6th. The communications equipment provider reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.04. The firm had revenue of $63.56 million during the quarter, compared to analyst estimates of $64.18 million. AudioCodes had a return on equity of 7.35% and a net margin of 3.59%. On average, analysts expect AudioCodes to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
AudioCodes Price Performance
NASDAQ AUDC opened at $11.10 on Tuesday. The stock has a market capitalization of $336.55 million, a price-to-earnings ratio of 39.64, a PEG ratio of 0.66 and a beta of 0.80. The business’s fifty day moving average is $12.51 and its 200-day moving average is $11.62. AudioCodes has a one year low of $7.14 and a one year high of $14.45.
AudioCodes Announces Dividend
Analyst Ratings Changes
AUDC has been the topic of several research analyst reports. Needham & Company LLC upped their price objective on AudioCodes from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, February 6th. Barclays lifted their price objective on AudioCodes from $10.00 to $12.00 and gave the stock an “underweight” rating in a report on Wednesday, February 7th. Finally, StockNews.com upgraded AudioCodes from a “hold” rating to a “buy” rating in a research note on Saturday, January 20th.
View Our Latest Stock Report on AUDC
About AudioCodes
AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace worldwide. The company offers solutions, products, and services for unified communications, contact centers, hosted business services, Voice.AI, and service provider businesses. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services.
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