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NYSE:DLBDolby Laboratories Stock Price, Forecast & News

$65.97
-0.16 (-0.24 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$65.89
Now: $65.97
$67.17
50-Day Range
$53.65
MA: $62.65
$68.05
52-Week Range
$44.68
Now: $65.97
$73.20
Volume227,730 shs
Average Volume469,962 shs
Market Capitalization$6.64 billion
P/E Ratio30.83
Dividend Yield1.33%
Beta0.88
Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, at home, at work, and on mobile devices. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for TVs, set-top boxes (STBs), personal computers (PCs), gaming consoles, mobile devices, and digital radio; AVC, a digital video codec with high bandwidth efficiency used in media devices; Dolby AC-4, an audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for home theaters, cinemas, device speakers, mobile devices, and headphones. Its audio technologies also include Dolby Digital, a digital audio coding technology that provides multichannel sound to applications; Dolby Digital Plus, a digital audio coding technology that offers audio transmission for a range of media applications; Dolby TrueHD, a digital audio coding technology providing encoding for Blu-ray discs and home theaters; Dolby Vision, an imaging technology for cinema and media devices; Dolby Voice, an audio conferencing technology; and HEVC, a digital video codec with high bandwidth efficiency to support for media devices. In addition, the company designs and manufactures digital cinema servers, cinema processors, amplifiers, loudspeakers, hardware components, video conferencing solutions, and other products for the cinema, television, broadcast, and entertainment industries. Further, it offers 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 2.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.08 out of 5 stars


Industry, Sector and Symbol

Industry Patent owners & lessors
Sub-IndustryElectronic Components
CUSIP25659T10
Phone415-558-0200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.24 billion
Cash Flow$3.39 per share
Book Value$23.10 per share

Profitability

Net Income$255.15 million

Miscellaneous

Employees2,193
Market Cap$6.64 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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Dolby Laboratories (NYSE:DLB) Frequently Asked Questions

How has Dolby Laboratories' stock been impacted by COVID-19 (Coronavirus)?

Dolby Laboratories' stock was trading at $60.23 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DLB stock has increased by 9.5% and is now trading at $65.97. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Dolby Laboratories?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dolby Laboratories in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Dolby Laboratories.

When is Dolby Laboratories' next earnings date?

Dolby Laboratories is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Dolby Laboratories.

How were Dolby Laboratories' earnings last quarter?

Dolby Laboratories, Inc. (NYSE:DLB) issued its quarterly earnings results on Monday, May, 4th. The electronics maker reported $1.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.09 by $0.05. The electronics maker earned $351.82 million during the quarter, compared to analysts' expectations of $361.35 million. Dolby Laboratories had a net margin of 17.74% and a return on equity of 9.45%. The company's revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.04 earnings per share. View Dolby Laboratories' earnings history.

How often does Dolby Laboratories pay dividends? What is the dividend yield for Dolby Laboratories?

Dolby Laboratories announced a quarterly dividend on Monday, May 4th. Investors of record on Monday, May 18th will be given a dividend of $0.22 per share on Wednesday, May 27th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Friday, May 15th. View Dolby Laboratories' dividend history.

What guidance has Dolby Laboratories issued on next quarter's earnings?

Dolby Laboratories issued an update on its third quarter earnings guidance on Monday, May, 4th. The company provided earnings per share guidance of $0.18-0.35 for the period, compared to the Thomson Reuters consensus estimate of $0.72. The company issued revenue guidance of $225-250 million, compared to the consensus revenue estimate of $309.08 million.

What price target have analysts set for DLB?

6 brokers have issued twelve-month price objectives for Dolby Laboratories' shares. Their forecasts range from $65.00 to $72.00. On average, they expect Dolby Laboratories' stock price to reach $69.00 in the next year. This suggests a possible upside of 4.6% from the stock's current price. View analysts' price targets for Dolby Laboratories.

Has Dolby Laboratories been receiving favorable news coverage?

Media stories about DLB stock have been trending negative on Saturday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Dolby Laboratories earned a news impact score of -2.8 on InfoTrie's scale. They also assigned media stories about the electronics maker a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an impact on the stock's share price in the immediate future. View the latest news about Dolby Laboratories.

Are investors shorting Dolby Laboratories?

Dolby Laboratories saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,380,000 shares, an increase of 74.3% from the May 31st total of 791,900 shares. Based on an average trading volume of 493,200 shares, the short-interest ratio is currently 2.8 days. Approximately 2.2% of the shares of the company are short sold. View Dolby Laboratories' Current Options Chain.

Who are some of Dolby Laboratories' key competitors?

Some companies that are related to Dolby Laboratories include Amphenol (APH), Corning (GLW), Littelfuse (LFUS), Rogers (ROG) and Vishay Intertechnology (VSH). View all competitors.

What other stocks do shareholders of Dolby Laboratories own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Dolby Laboratories investors own include Metlife (MET), AT&T (T), Netflix (NFLX), Comcast (CMCSA), Walt Disney (DIS), Activision Blizzard (ATVI), Brighthouse Financial (BHF), InterDigital Wireless (IDCC), Las Vegas Sands (LVS) and Hasbro (HAS).

Who are Dolby Laboratories' key executives?

Dolby Laboratories' management team includes the following people:
  • Mr. Kevin J. Yeaman, Pres, CEO & Director (Age 53)
  • Mr. Lewis Chew, Principal Financial Officer (Age 56)
  • Mr. Andy Sherman, Exec. VP, Gen. Counsel & Corp. Sec. (Age 52)
  • Mr. Todd Pendleton, Sr. VP & Chief Marketing Officer (Age 47)
  • Mr. Giles Baker, Sr. VP of Consumer Entertainment (Age 43)

What is Dolby Laboratories' stock symbol?

Dolby Laboratories trades on the New York Stock Exchange (NYSE) under the ticker symbol "DLB."

How do I buy shares of Dolby Laboratories?

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

What is Dolby Laboratories' stock price today?

One share of DLB stock can currently be purchased for approximately $65.97.

How big of a company is Dolby Laboratories?

Dolby Laboratories has a market capitalization of $6.64 billion and generates $1.24 billion in revenue each year. The electronics maker earns $255.15 million in net income (profit) each year or $2.44 on an earnings per share basis. Dolby Laboratories employs 2,193 workers across the globe.

What is Dolby Laboratories' official website?

The official website for Dolby Laboratories is www.dolby.com.

How can I contact Dolby Laboratories?

Dolby Laboratories' mailing address is 1275 MARKET STREET, SAN FRANCISCO CA, 94103. The electronics maker can be reached via phone at 415-558-0200 or via email at [email protected]

This page was last updated on 7/4/2020 by MarketBeat.com Staff

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