AudioCodes Ltd

Company Profile

AudioCodes Ltd had its IPO on 1999-05-28 under the ticker symbol AUDC.

The company operates in the Technology sector and Communication Equipment industry. AudioCodes Ltd has a staff strength of 966 employees.

Stock update

Shares of AudioCodes Ltd opened at $10.07 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.91 - $10.48, and closed at $10.37.

This is a +2.57% increase from the previous day's closing price.

A total volume of 301,361 shares were traded at the close of the day’s session.

In the last one week, shares of AudioCodes Ltd have increased by +0.1%.

AudioCodes Ltd's Key Ratios

AudioCodes Ltd has a market cap of $284.33 million, indicating a price to book ratio of 3.1555 and a price to sales ratio of 2.026.

In the last 12-months AudioCodes Ltd’s revenue was $267.95 million with a gross profit of $178.78 million and an EBITDA of $25.32 million. The EBITDA ratio measures AudioCodes Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, AudioCodes Ltd’s operating margin was 8.37% while its return on assets stood at 4.38% with a return of equity of 10.51%.

In Q1, AudioCodes Ltd’s quarterly earnings growth was a positive 9.3% while revenue growth was a negative 10.8%.

AudioCodes Ltd’s PE and PEG Ratio

Forward PE

0

Trailing PE

13.7538

PEG

0.83

Its diluted EPS in the last 12-months stands at $0.65 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0.83. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into AudioCodes Ltd’s profitability.

AudioCodes Ltd stock is trading at a EV to sales ratio of 2.0124 and a EV to EBITDA ratio of 15.146. Its price to sales ratio in the trailing 12-months stood at 2.026.

AudioCodes Ltd stock pays annual dividends of $0.36 per share, indicating a yield of 4.03% and a payout ratio of 32.73%.

Balance sheet and cash flow metrics

Total Assets

$318.93 million

Total Liabilities

$93.32 million

Operating Cash Flow

$0

Capital Expenditure

$1.32 million

Dividend Payout Ratio

32.73%

AudioCodes Ltd ended 2024 with $318.93 million in total assets and $0 in total liabilities. Its intangible assets were valued at $318.93 million while shareholder equity stood at $186.62 million.

AudioCodes Ltd ended 2024 with $0 in deferred long-term liabilities, $93.32 million in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $29.58 million and cash and short-term investments were $45.82 million. The company’s total short-term debt was $6,289,000 while long-term debt stood at $0.

AudioCodes Ltd’s total current assets stands at $146.17 million while long-term investments were $75.48 million and short-term investments were $16.24 million. Its net receivables were $58.07 million compared to accounts payable of $10.58 million and inventory worth $42.08 million.

In 2024, AudioCodes Ltd's operating cash flow was $0 while its capital expenditure stood at $1.32 million.

Comparatively, AudioCodes Ltd paid $0.33 in dividends in 2024.

Other key metrics

Current Trading Price

$10.37

52-Week High

$24.1308

52-Week Low

$8.05

Analyst Target Price

$12.4

AudioCodes Ltd stock is currently trading at $10.37 per share. It touched a 52-week high of $24.1308 and a 52-week low of $24.1308. Analysts tracking the stock have a 12-month average target price of $12.4.

Its 50-day moving average was $10.26 and 200-day moving average was $13.02 The short ratio stood at 0.62 indicating a short percent outstanding of 0%.

Around 2155.6% of the company’s stock are held by insiders while 4790.6% are held by institutions.