AudioCodes (AUDC) Receives Daily News Impact Score of 0.20

News stories about AudioCodes (NASDAQ:AUDC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AudioCodes earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles about the communications equipment provider an impact score of 45.8285162398025 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

AUDC stock traded up $0.14 during midday trading on Wednesday, hitting $7.49. 31,384 shares of the company traded hands, compared to its average volume of 69,962. The company has a current ratio of 1.71, a quick ratio of 1.34 and a debt-to-equity ratio of 0.07. AudioCodes has a twelve month low of $5.83 and a twelve month high of $8.43. The company has a market capitalization of $212.99, a PE ratio of 62.42 and a beta of 0.28.

AudioCodes (NASDAQ:AUDC) last released its earnings results on Wednesday, January 24th. The communications equipment provider reported $0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.02. AudioCodes had a net margin of 2.57% and a return on equity of 9.82%. The business had revenue of $41.40 million during the quarter, compared to analysts’ expectations of $40.30 million. During the same quarter last year, the company earned $0.08 earnings per share. The firm’s revenue was up 9.5% on a year-over-year basis. sell-side analysts predict that AudioCodes will post 0.3 earnings per share for the current year.

A number of research firms have recently issued reports on AUDC. Zacks Investment Research raised shares of AudioCodes from a “hold” rating to a “buy” rating and set a $8.25 price target on the stock in a research note on Thursday, March 8th. Needham & Company LLC reissued a “buy” rating and set a $9.00 target price (up from $8.50) on shares of AudioCodes in a research report on Thursday, January 25th. Finally, William Blair reissued an “outperform” rating on shares of AudioCodes in a research report on Wednesday, January 24th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $8.08.

TRADEMARK VIOLATION NOTICE: This article was originally posted by BBNS and is the sole property of of BBNS. If you are accessing this article on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this article can be accessed at https://baseballnewssource.com/2018/03/21/audiocodes-audc-earns-daily-coverage-optimism-score-of-0-20/1924736.html.

AudioCodes Company Profile

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.

Insider Buying and Selling by Quarter for AudioCodes (NASDAQ:AUDC)

Receive News & Ratings for AudioCodes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AudioCodes and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Tampa Bay Starting Relievers In Place of Starters
Tampa Bay Starting Relievers In Place of Starters
Teen Juan Soto Hits Home Run in First At-Bat
Teen Juan Soto Hits Home Run in First At-Bat
Ji-Man Choi Receives Another Chance in Milwaukee
Ji-Man Choi Receives Another Chance in Milwaukee
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Strikeouts Once Again Plaguing Cubs
Strikeouts Once Again Plaguing Cubs
Atlanta Braves: A Mix of Young and Old
Atlanta Braves: A Mix of Young and Old


Leave a Reply

 
© 2006-2018 BBNS.