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Dolby Laboratories (DLB)
NYSE:DLB
Dolby Laboratories (DLB) Stock Price & Analysis
189 Followers
DLB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$75.05 - $89.40
Previous Close$79.62
Volume292.66K
Average Volume (3M)366.13K
Market Cap
$7.63B
Enterprise Value$6.90B
Total Cash (Recent Filing)$797.64M
Total Debt (Recent Filing)$47.24M
Price to Earnings (P/E)40.6
Beta0.81
Next Earnings
Aug 07, 2024EPS Estimate
$0.31Last Dividend Ex-Date
May 13, 2024Dividend Yield1.47%
Share Statistics
EPS (TTM)1.96
Shares Outstanding95,835,434
10 Day Avg. Volume387,713
30 Day Avg. Volume366,130
Standard Deviation0.07
R-Squared0.51
Alpha-0.00404
Financial Highlights & Ratios
Price to Book (P/B)4.32
Price to Sales (P/S)16.45
Price to Cash Flow (P/CF)227.90
P/FCF Ratio829.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.60
Enterprise Value/Gross Profit6.01
Enterprise Value/Ebitda24.00
Forecast
1Y Price Target
$100.00Price Target Upside25.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Dolby Laboratories News
PremiumCompany Announcements
Dolby Laboratories Acquires GE Licensing for $429 Million
Bulls Say, Bears Say
Bulls Say
Financial PerformanceOverall revenue improved significantly, nearing analyst estimates.
Growth PotentialDolby Vision capture is expanding its use cases, particularly in the significant smartphone market.
Product AdoptionAdoption of Atmos, Vision, and Imaging patents is expanding.
Bears Say
Market EnvironmentThe company continues to expect a soft environment within these contributors.
Revenue DependenceThe majority of the company’s revenues come from technologies that are widely adopted across a range of devices and will be largely influenced by device volume trends and consumer electronic demand patterns.
Sales VolumeStalling unit shipments for key device categories pose a very challenging headwind.
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Ownership Overview
2.62% Insiders
31.48% Mutual Funds
22.85% Other Institutional Investors
43.05% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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DLB FAQ
What was Dolby Laboratories’s price range in the past 12 months?
Dolby Laboratories lowest stock price was $75.05 and its highest was $89.40 in the past 12 months.
What is Dolby Laboratories’s market cap?
Currently, no data Available
When is Dolby Laboratories’s upcoming earnings report date?
Dolby Laboratories’s upcoming earnings report date is Aug 07, 2024 which is in 22 days.
How were Dolby Laboratories’s earnings last quarter?
Dolby Laboratories released its earnings results on May 02, 2024. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $1.009 by $0.001.
Is Dolby Laboratories overvalued?
According to Wall Street analysts Dolby Laboratories’s price is currently Undervalued.
Does Dolby Laboratories pay dividends?
Dolby Laboratories pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 1.47%. See more information on Dolby Laboratories dividends here
What is Dolby Laboratories’s EPS estimate?
Dolby Laboratories’s EPS estimate is $0.31.
How many shares outstanding does Dolby Laboratories have?
Dolby Laboratories has 59,749,657 shares outstanding.
What happened to Dolby Laboratories’s price movement after its last earnings report?
Dolby Laboratories reported an EPS of $1.01 in its last earnings report, beating expectations of $1.009. Following the earnings report the stock price went up 2.972%.
Which hedge fund is a major shareholder of Dolby Laboratories?
Among the largest hedge funds holding Dolby Laboratories’s share is Royce & Associates LLC. It holds Dolby Laboratories’s shares valued at 5M.
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Dolby Laboratories Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$100.00 (25.60% Upside)
$100.00 (25.60% Upside)
Blogger Sentiment
Bullish
DLB Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 10.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $181.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 3.0%
Last 30 Days ▲ 3.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.63%
12-Months-Change
Fundamentals
Return on Equity
7.98%
Trailing 12-Months
Asset Growth
7.35%
Trailing 12-Months
Company Description
Dolby Laboratories
Dolby Laboratoties, Inc. designs and manufactures audio and imaging products for the cinema, television, broadcast, and entertainment industries. Its products include Cinema Imaging, Cinema Audio, Dolby Conference Phone, Dolby Voice Room, and Other Products. The company was founded by Ray Milton Dolby in 1965 and is headquartered in San Francisco, CA.
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DLB Earnings Call
Q2 2024
0:00 / 0:00
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DLB Stock 12 Month Forecast
Average Price Target
$100.00
▲(25.60% Upside)
Technical Analysis
Best Analysts Covering DLB
1 Year
1 Year Success Rate
8/16 ratings generated profit
1 Year Average Return
+14.84%
upgraded a buy rating last month
Copying James Goss's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +14.84% per trade.
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