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NYSE:DLB

Dolby Laboratories (DLB) Stock Price, News & Analysis

$78.35
+0.55 (+0.71%)
(As of 07/26/2024 ET)
Today's Range
$78.09
$78.86
50-Day Range
$77.76
$82.70
52-Week Range
$75.87
$90.06
Volume
413,730 shs
Average Volume
374,994 shs
Market Capitalization
$7.51 billion
P/E Ratio
39.97
Dividend Yield
1.53%
Price Target
$99.00

Dolby Laboratories MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.4% Upside
$99.00 Price Target
Short Interest
Healthy
1.54% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
0.98mentions of Dolby Laboratories in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$181,772 Sold Last Quarter
Proj. Earnings Growth
4.85%
From $2.68 to $2.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.92 out of 5 stars

Consumer Discretionary Sector

5th out of 279 stocks

Patent Owners & Lessors Industry

1st out of 7 stocks

DLB stock logo

About Dolby Laboratories Stock (NYSE:DLB)

Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices. Its audio technologies also include DD, a digital audio coding technology that provides multichannel sound to applications; DD+, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; and HEVC, a digital video codec with high bandwidth efficiency for media devices. In addition, the company offers digital cinema servers, cinema processors, amplifiers, loudspeakers, and audio and imaging hardware and software products for the cinema, television, broadcast, communication, and entertainment industries. Further, it provides 3-D glasses and kits; and various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.

DLB Stock Price History

DLB Stock News Headlines

Dolby Laboratories Incclass A Share Chat
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
VIZIO and Dolby Usher in Premium Sound Era For All
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
DLB Dolby Laboratories, Inc.
Dolby Laboratories Remains A Hold
3 Tech Stocks on the Verge of Major Gains
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 5/22 Dividend
5/13/2024
Dividend Payable
5/22/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/07/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Patent owners & lessors
Sub-Industry
Electronic Components
CUSIP
25659T10
Employees
2,246
Year Founded
1965

Price Target and Rating

Average Stock Price Target
$99.00
High Stock Price Target
$100.00
Low Stock Price Target
$98.00
Potential Upside/Downside
+26.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$200.66 million
Pretax Margin
18.55%

Debt

Sales & Book Value

Annual Sales
$1.30 billion
Cash Flow
$3.69 per share
Book Value
$24.90 per share

Miscellaneous

Free Float
57,942,000
Market Cap
$7.51 billion
Optionable
Optionable
Beta
0.99

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DLB Stock Analysis - Frequently Asked Questions

How have DLB shares performed this year?

Dolby Laboratories' stock was trading at $86.18 on January 1st, 2024. Since then, DLB shares have decreased by 9.1% and is now trading at $78.35.
View the best growth stocks for 2024 here
.

How were Dolby Laboratories' earnings last quarter?

Dolby Laboratories, Inc. (NYSE:DLB) announced its earnings results on Thursday, May, 2nd. The electronics maker reported $1.01 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.10. The electronics maker earned $364.52 million during the quarter, compared to analyst estimates of $361.98 million. Dolby Laboratories had a net margin of 15.00% and a trailing twelve-month return on equity of 10.15%.

What is Kevin J. Yeaman's approval rating as Dolby Laboratories' CEO?

253 employees have rated Dolby Laboratories Chief Executive Officer Kevin J. Yeaman on Glassdoor.com. Kevin J. Yeaman has an approval rating of 84% among the company's employees.

Does Dolby Laboratories have any subsidiaries?

Dolby Laboratories subsidiaries include these companies: Voxeet, Doremi Labs, Step Labs, Coding Technologies, Dolby International AB, and Dolby Laboratories Licensing Corporation.

Who are Dolby Laboratories' major shareholders?

Top institutional investors of Dolby Laboratories include Ninety One UK Ltd (2.45%), Bank of New York Mellon Corp (2.33%), Raymond James & Associates (0.49%) and Boston Trust Walden Corp (0.39%). Insiders that own company stock include John D Couling, Mark Andrew Sherman, Simon Segars, Todd Pendleton, Ryan Nicholson, Anjali Sud, Emily Rollins, Kevin J Yeaman, Avadis Tevanian, Steven E Forshay and Lewis Chew.
View institutional ownership trends
.

How do I buy shares of Dolby Laboratories?

Shares of DLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Dolby Laboratories own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Dolby Laboratories investors own include InterDigital (IDCC), Energy Transfer (ET), Advanced Micro Devices (AMD), AbbVie (ABBV), Abbott Laboratories (ABT), Bank of Hawaii (BOH) and Mastercard (MA).

This page (NYSE:DLB) was last updated on 7/26/2024 by MarketBeat.com Staff

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