About Dolby Laboratories
Dolby Laboratories, Inc. designs and manufactures audio and imaging products for the cinema, television, broadcast and entertainment industries. Its products for cinema include Digital Cinema Servers and Cinema Audio Products, and broadcast and other include Dolby Conference Phone and Other Products. It offers services to support theatrical and television production for cinema exhibition, broadcast and home entertainment, including equipment training and maintenance, mixing room alignment and equalization, as well as audio, color and light image calibration. Its technologies include Advanced Audio Coding and High Efficiency Advanced Audio Coding, Dolby AC-4, Dolby Atmos, Dolby Digital, Dolby Digital Plus, Dolby TrueHD, Dolby Vision, Dolby Voice and High Efficiency Video Coding. It distributes its products in over 80 countries. Its technologies are incorporated in offerings in various end markets, such as the broadcast, Personal Computer, mobile, consumer electronics and other markets.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Diversified Electronics
- Sub-Industry: Electronic Components
- Exchange: NYSE
- Symbol: DLB
- CUSIP: 25659T10
- Previous Close: $48.93
- 50 Day Moving Average: $48.67
- 200 Day Moving Average: $48.99
- 52-Week Range: $102,600,000.00 - $38.89
- Trailing P/E Ratio: 24.29
- Foreward P/E Ratio: 21.99
- P/E Growth: 1.95
- Market Cap: $5.03B
- Outstanding Shares: 102,600,000
- Beta: 0.54
- Net Margins: 19.82%
- Return on Equity: 10.87%
- Return on Assets: 9.32%
Companies Related to Dolby Laboratories:
- Current Ratio: 3.91%
- Quick Ratio: 3.84%
What is Dolby Laboratories' stock symbol?
Dolby Laboratories trades on the New York Stock Exchange (NYSE) under the ticker symbol "DLB."
How often does Dolby Laboratories pay dividends? What is the dividend yield for Dolby Laboratories?
Dolby Laboratories declared a quarterly dividend on Wednesday, January 25th. Stockholders of record on Monday, February 6th will be given a dividend of $0.14 per share on Wednesday, February 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Thursday, February 2nd.
Where is Dolby Laboratories' stock going? Where will Dolby Laboratories' stock price be in 2017?
5 analysts have issued 1 year target prices for Dolby Laboratories' shares. Their forecasts range from $46.00 to $57.00. On average, they anticipate Dolby Laboratories' stock price to reach $51.50 in the next year.
When will Dolby Laboratories announce their earnings?
Dolby Laboratories is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.
What are analysts saying about Dolby Laboratories stock?
Here are some recent quotes from research analysts about Dolby Laboratories stock:
Piper Jaffray Companies analysts commented, "We believe metrology tools will be the sweet spot in semiconductor capital spending due to the ramp of 3D chips such as FinFETS and NAND flash as well as the introduction of new materials requiring x-ray compositional analysis. u The ramps of 3D chips have been challenging for the semiconductor industry. Similarly, advanced packaging is turning to new, more complicated structures such as Through Silicon Vias (TSVs), ¼Bumps, and Copper Pillars." (1/26/2017)
According to Zacks Investment Research, "Year to date, Dolby’s shares have fared much better than the Zacks categorized Audio/Video Home Products industry average. Encouragingly, the company has an excellent earnings surprise history, beating estimates thrice in the trailing four quarters. However, of late, the company’s profits have been pressured due to lackluster top-line performance, rise in the cost of revenues and higher operating expenses. Also, heavy dependence on OEMs and a handful of major customers make the company vulnerable to unanticipated losses. However, we believe that the company’s efforts to strengthen its leadership position in audio solutions will be conducive to its future growth. Decent market traction of offerings under three of its new businesses, namely – Dolby Voice, Dolby Vision and Dolby Cinema – are likely to accelerate growth going forward." (12/27/2016)
Who owns Dolby Laboratories stock?
Dolby Laboratories' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dagmar Dolby (46.20%), Renaissance Technologies LLC (1.84%), Baillie Gifford & Co (Scottish partnership) (3.24%), Disciplined Growth Investors Inc. MN (0.73%), Fiera Capital Corp (0.64%) and Thrivent Financial for Lutherans (0.62%). Company insiders that own Dolby Laboratories stock include Bob Borchers, Dagmar Dolby, Kevin J Yeaman, Lewis Chew, Mark Andrew Sherman, Michael Bergeron, N William Jasper, Jr, Nicholas Donatiello Jr, Nicholas Donatiello, Jr, Peter C Gotcher, Roger S Siboni and Steven E Forshay.
Who sold Dolby Laboratories stock? Who is selling Dolby Laboratories stock?
Dolby Laboratories' stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Fiera Capital Corp, Royce & Associates LP, Gabelli Funds LLC, Burney Co., Gamco Investors INC. ET AL, Tudor Investment Corp Et Al and Brown Capital Management LLC. Company insiders that have sold Dolby Laboratories stock in the last year include Bob Borchers, Dagmar Dolby, Kevin J Yeaman, Lewis Chew, Mark Andrew Sherman, Michael Bergeron, N William Jasper, Jr, Peter C Gotcher and Roger S Siboni.
Who bought Dolby Laboratories stock? Who is buying Dolby Laboratories stock?
Dolby Laboratories' stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Thrivent Financial for Lutherans, Alyeska Investment Group L.P., AQR Capital Management LLC, Russell Investments Group Ltd., Two Sigma Investments LP, Allianz Asset Management AG and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main.
How do I buy Dolby Laboratories stock?
Shares of Dolby Laboratories can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Dolby Laboratories stock cost?
One share of Dolby Laboratories stock can currently be purchased for approximately $49.04.