At the time of writing, Audiocodes [AUDC] stock is trading at $10.74, up 2.19%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AUDC shares have gain 11.18% over the last week, with a monthly amount glided 16.23%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Audiocodes [NASDAQ: AUDC] stock has seen the most recent analyst activity on April 12, 2023, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $9.50 from $22. Previously, BofA Securities downgraded its rating to Neutral on May 02, 2022, and dropped its price target to $25. On January 31, 2022, upgrade upgraded it’s rating to Buy but maintained its price target of $37 on the stock. Sidoti downgraded its rating to a Neutral but stick to its price target of $37 on October 22, 2021. Barclays initiated its recommendation with a Underweight and recommended $32 as its price target on October 21, 2021. Jefferies downgraded its rating to Hold for this stock on October 21, 2021, but kept the price target unchanged to $38. In a note dated June 30, 2021, Barclays downgraded an Underweight rating on this stock and revised its target price from $34 to $32.
For the past year, the stock price of Audiocodes fluctuated between $7.70 and $14.45. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Audiocodes [NASDAQ: AUDC] shares were valued at $10.74 at the most recent close of the market. An investor can expect a potential return of 76.91% based on the average AUDC price forecast.
Analyzing the AUDC fundamentals
According to Audiocodes [NASDAQ:AUDC], the company’s sales were 244.18M for trailing twelve months, which represents an -2.19% plunge. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.58 points at the first support level, and at 10.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.82, and for the 2nd resistance point, it is at 10.90.
Ratios To Look Out For
It is important to note that Audiocodes [NASDAQ:AUDC] has a current ratio of 2.03. In addition, the Quick Ratio stands at 1.58 and the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 1.32, the price to book ratio is 1.72 and price to earnings (TTM) ratio is 27.07.
Transactions by insiders
Recent insider trading involved Baruch Niran, Officer, that happened on Nov 15 ’24 when 5625.0 shares were purchased. Officer, Aldema Lior completed a deal on Oct 28 ’24 to buy 8438.0 shares. Meanwhile, Officer Aldema Lior bought 8436.0 shares on Jul 26 ’24.
