NYSE:DLB - Dolby Laboratories Stock Price, Price Target & More

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$65.11 -0.14 (-0.21 %)
(As of 07/20/2018 12:49 PM ET)
Previous Close$64.99
Today's Range$64.81 - $65.23
52-Week Range$48.00 - $74.29
Volume4,024 shs
Average Volume249,965 shs
Market Capitalization$6.71 billion
P/E Ratio29.66
Dividend Yield0.99%
Beta0.74
Dolby Laboratories logoDolby 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, including Dolby Digital Plus for digital television, mobile, and Internet-based services; Dolby Digital, a digital audio coding technology that provides multichannel sound in the home; and AAC & HE-AAC, an audio coding technologies used to broadcast, download, and streaming content. Its audio technologies also comprise Dolby TrueHD, an audio coding technology for content providers; Dolby Atmos, an object-oriented audio technology for home theaters, device speakers, and headphones; Dolby AC-4, a digital audio coding system that addresses the current and future needs of broadcast and streaming entertainment services; Dolby Voice, an audio conferencing technology; and Dolby Vision, an imaging technology for cinema, digital television, and other consumer devices, as well as HEVC, a digital video codec with higher bandwidth efficiency used in a range of media devices. In addition, the company designs and manufactures audio and imaging products, such as digital cinema servers, Dolby Cinema audio products, and other products for the film production, cinema, television, broadcast, and entertainment industries. Further, it offers an array of 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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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Patent owners & lessors
Sub-IndustryElectronic Components
SectorConsumer Discretionary
SymbolNYSE:DLB
CUSIP25659T10
Phone415-558-0200

Debt

Debt-to-Equity RatioN/A
Current Ratio5.42
Quick Ratio5.30

Price-To-Earnings

Trailing P/E Ratio29.66
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.08 billion
Price / Sales6.27
Cash Flow$3.1094 per share
Price / Cash20.94
Book Value$20.99 per share
Price / Book3.10

Profitability

EPS (Most Recent Fiscal Year)$2.20
Net Income$201.80 million
Net Margins7.64%
Return on Equity12.73%
Return on Assets10.65%

Miscellaneous

Employees2,122
Outstanding Shares104,110,000
Market Cap$6,706.83

Dolby Laboratories (NYSE:DLB) Frequently Asked Questions

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 announced a quarterly dividend on Tuesday, April 24th. Stockholders of record on Monday, May 7th will be paid a dividend of $0.16 per share on Wednesday, May 16th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Friday, May 4th. View Dolby Laboratories' Dividend History.

How will Dolby Laboratories' stock buyback program work?

Dolby Laboratories declared that its board has authorized a share buyback program on Sunday, April 9th 2017, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 3.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

How were Dolby Laboratories' earnings last quarter?

Dolby Laboratories, Inc. (NYSE:DLB) announced its quarterly earnings results on Tuesday, April, 24th. The electronics maker reported $0.78 EPS for the quarter, topping the Zacks' consensus estimate of $0.64 by $0.14. The electronics maker earned $301.36 million during the quarter, compared to analyst estimates of $300.37 million. Dolby Laboratories had a return on equity of 12.73% and a net margin of 7.64%. The firm's quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.63 earnings per share. View Dolby Laboratories' Earnings History.

When is Dolby Laboratories' next earnings date?

Dolby Laboratories is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Dolby Laboratories.

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

Dolby Laboratories issued an update on its third quarter earnings guidance on Tuesday, April, 24th. The company provided earnings per share (EPS) guidance of $0.78-0.84 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.97. The company issued revenue guidance of $310-320 million, compared to the consensus revenue estimate of $330.43 million.

What price target have analysts set for DLB?

5 analysts have issued 1-year price objectives for Dolby Laboratories' shares. Their forecasts range from $52.00 to $78.00. On average, they anticipate Dolby Laboratories' stock price to reach $65.20 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price. View Analyst Ratings for Dolby Laboratories.

What is the consensus analysts' recommendation for Dolby Laboratories?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dolby Laboratories in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Dolby Laboratories' key competitors?

Who are Dolby Laboratories' key executives?

Dolby Laboratories' management team includes the folowing people:
  • Mr. Kevin J. Yeaman, Pres, CEO & Director (Age 52)
  • Mr. Lewis Chew, Exec. VP, CFO & Principal Accounting Officer (Age 55)
  • Mr. Andy Sherman, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51)
  • Mr. Steven E. Forshay, Sr. VP of Advanced Technology Group (Age 64)
  • Mr. Robert Borchers, Former Sr. VP & Chief Marketing Officer (Age 53)

Has Dolby Laboratories been receiving favorable news coverage?

News headlines about DLB stock have been trending somewhat positive on Friday, Accern reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Dolby Laboratories earned a news impact score of 0.09 on Accern's scale. They also gave media stories about the electronics maker an impact score of 46.07 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Dolby Laboratories' major shareholders?

Dolby Laboratories' stock is owned by a variety of of retail and institutional investors. Top institutional investors include DOLBY DAGMAR (41.00%), DOLBY DAGMAR (40.60%), Bank of Montreal Can (0.27%), Baillie Gifford & Co. (0.21%), American Capital Management Inc. (0.11%) and Denali Advisors LLC (0.04%). Company insiders that own Dolby Laboratories stock include Bob Borchers, Dagmar Dolby, Giles Baker, Kevin J Yeaman, Lewis Chew, Mark Andrew Sherman, Michael Bergeron, N William Jasper, Jr, Nicholas Donatiello Jr, Nicholas Donatiello, Jr, Peter C Gotcher and Steven E Forshay. View Institutional Ownership Trends for Dolby Laboratories.

Which major investors are selling Dolby Laboratories stock?

DLB stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co. and Radnor Capital Management LLC. Company insiders that have sold Dolby Laboratories company stock in the last year include Bob Borchers, Dagmar Dolby, Giles Baker, Kevin J Yeaman, Lewis Chew, Mark Andrew Sherman, N William Jasper, Jr, Nicholas Donatiello Jr, Peter C Gotcher and Steven E Forshay. View Insider Buying and Selling for Dolby Laboratories.

Which major investors are buying Dolby Laboratories stock?

DLB stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, American Capital Management Inc., Boston Advisors LLC, Hartford Investment Management Co., Contravisory Investment Management Inc., State of Alaska Department of Revenue and Denali Advisors LLC. View Insider Buying and Selling for Dolby Laboratories.

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, Scottrade, Fidelity and Charles Schwab.

What is Dolby Laboratories' stock price today?

One share of DLB stock can currently be purchased for approximately $65.13.

How big of a company is Dolby Laboratories?

Dolby Laboratories has a market capitalization of $6.71 billion and generates $1.08 billion in revenue each year. The electronics maker earns $201.80 million in net income (profit) each year or $2.20 on an earnings per share basis. Dolby Laboratories employs 2,122 workers across the globe.

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]


MarketBeat Community Rating for Dolby Laboratories (NYSE DLB)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  207 (Vote Outperform)
Underperform Votes:  361 (Vote Underperform)
Total Votes:  568
MarketBeat's community ratings are surveys of what our community members think about Dolby Laboratories and other stocks. Vote "Outperform" if you believe DLB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DLB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

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