Dolby Stock Today

DLB
 Stock
  

USD 71.71  0.36  0.50%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Dolby Laboratories is trading at 71.71 as of the 28th of November 2022, a -0.5 percent decrease since the beginning of the trading day. The stock's open price was 72.07. Dolby Laboratories has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Dolby Laboratories are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2022 and ending today, the 28th of November 2022. Click here to learn more.
CUSIP
25659T107
Fiscal Year End
September
Business Domain
Technology Hardware & Equipment
IPO Date
17th of February 2005
Category
Industrials
Classification
Information Technology
Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, DTV, transmissions and devices, mobile devices, OTT video and music services, and home entertainment devices. Dolby Laboratories, Inc. The company has 64.94 M outstanding shares of which 764.33 K shares are currently shorted by investors with about 1.89 days to cover. More on Dolby Laboratories

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Follow Valuation Options Odds of Bankruptcy
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Dolby Laboratories Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Dolby Laboratories' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dolby Laboratories or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Dolby Laboratories generated a negative expected return over the last 90 days
Dolby Laboratories is unlikely to experience financial distress in the next 2 years
Dolby Laboratories has a strong financial position based on the latest SEC filings
Over 100.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Dolby Laboratories Dividend Will Be Increased To 0.27 - Yahoo Finance
CEOKevin Yeaman
Thematic IdeaIT (view all)
Average Analyst Recommendation
Analysts covering Dolby Laboratories report their recommendations after researching Dolby Laboratories' financial statements, talking to executives and customers, or listening in on Dolby Laboratories' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Dolby Laboratories. The Dolby consensus assessment is calculated by taking the average forecast from all of the analysts covering Dolby Laboratories.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Dolby Laboratories based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Dolby Laboratories financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted114.8 M102 M
Moderately Up
Decreasing
Very volatile
Weighted Average Shares112.6 M100 M
Moderately Up
Decreasing
Very volatile
Return on Average Assets9.36.353
Way Up
Decreasing
Slightly volatile
Net Cash Flow from Operations316.2 M318.6 M
Slightly Down
Decreasing
Stable
Current Liabilities241.7 M277.5 M
Fairly Down
Increasing
Stable
Total Liabilities386 M443.4 M
Fairly Down
Increasing
Stable
Gross Margin98.2288.7254
Significantly Up
Increasing
Slightly volatile
Total Debt75 M81.1 M
Significantly Down
Increasing
Slightly volatile
Asset Turnover0.50.4257
Fairly Up
Decreasing
Stable
Current Assets1.2 B1.3 B
Moderately Down
Decreasing
Stable
Total Assets2.4 B2.7 B
Moderately Down
Increasing
Very volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Dolby Laboratories' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Dolby Laboratories' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dolby Laboratories' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Dolby Laboratories' financial leverage. It provides some insight into what part of Dolby Laboratories' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Dolby Laboratories' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Dolby Laboratories deploys its capital and how much of that capital is borrowed.
Liquidity
Dolby Laboratories cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 58.59 M in debt with debt to equity (D/E) ratio of 0.02, which may show that the company is not taking advantage of profits from borrowing. Dolby Laboratories has a current ratio of 5.16, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Dolby Laboratories until it has trouble settling it off, either with new capital or with free cash flow. So, Dolby Laboratories' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dolby Laboratories sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dolby to invest in growth at high rates of return. When we think about Dolby Laboratories' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

316.15 Million
Dolby Laboratories (DLB) is traded on New York Stock Exchange in USA and employs 2,368 people. The company currently falls under 'Mid-Cap' category with total capitalization of 7.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dolby Laboratories's market, we take the total number of its shares issued and multiply it by Dolby Laboratories's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Dolby Laboratories runs under Technology sector within Information Technology Services industry. The entity has 64.94 M outstanding shares of which 764.33 K shares are currently shorted by investors with about 1.89 days to cover. Dolby Laboratories has about 1.02 B in cash with 377.04 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.4.
Check Dolby Laboratories Probability Of Bankruptcy
Ownership
Dolby Laboratories holds a total of sixty-four million nine hundred fourty thousand outstanding shares. The majority of Dolby Laboratories outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Dolby Laboratories to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Dolby Laboratories. Please pay attention to any change in the institutional holdings of Dolby Laboratories as this could imply that something significant has changed or about to change at the company. Also note that almost six hundred fourty-nine thousand four hundred invesors are currently shorting Dolby Laboratories expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Dolby Ownership Details

Dolby Stock Price Odds Analysis

What are Dolby Laboratories' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Dolby Laboratories jumping above the current price in 90 days from now is about 23.75%. The Dolby Laboratories probability density function shows the probability of Dolby Laboratories stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Dolby Laboratories has a beta of 0.9542 suggesting Dolby Laboratories market returns are sensitive to returns on the market. As the market goes up or down, Dolby Laboratories is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Dolby Laboratories is significantly underperforming DOW.
  Odds Below 71.71HorizonTargetOdds Above 71.71
76.06%90 days
 71.71 
23.75%
Based on a normal probability distribution, the odds of Dolby Laboratories to move above the current price in 90 days from now is about 23.75 (This Dolby Laboratories probability density function shows the probability of Dolby Stock to fall within a particular range of prices over 90 days) .

Dolby Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Dolby Laboratories that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Dolby Laboratories' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Dolby Laboratories' value.
InstituionSecurity TypeTotal SharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares7.7 K550 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares8.7 K679 K
View Dolby Laboratories Diagnostics

Dolby Laboratories Historical Income Statement

Dolby Laboratories Income Statement is one of the three primary financial statements used for reporting Dolby's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dolby Laboratories revenue and expense. Dolby Laboratories Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Dolby Laboratories Net Income is projected to decrease significantly based on the last few years of reporting. The past year's Net Income was at 184.09 Million. The current year Operating Income is expected to grow to about 275.6 M, whereas Direct Expenses is forecasted to decline to about 124 M. View More Fundamentals

Dolby Stock Against Markets

Picking the right benchmark for Dolby Laboratories stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dolby Laboratories stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dolby Laboratories is critical whether you are bullish or bearish towards Dolby Laboratories at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Dolby Laboratories without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Dolby Laboratories Corporate Directors

Dolby Laboratories corporate directors refer to members of a Dolby Laboratories board of directors. The board of directors generally takes responsibility for the Dolby Laboratories' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Dolby Laboratories' board members must vote for the resolution. The Dolby Laboratories board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
NWilliam Jasper - Independent DirectorProfile
Roger Siboni - Independent DirectorProfile
Nicholas Donatiello - Independent DirectorProfile
Anjali Sud - Independent DirectorProfile

Invested in Dolby Laboratories?

The danger of trading Dolby Laboratories is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dolby Laboratories is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dolby Laboratories. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dolby Laboratories is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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Is Dolby Laboratories' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dolby Laboratories. If investors know Dolby will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dolby Laboratories listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.34) 
Market Capitalization
6.9 B
Quarterly Revenue Growth YOY
(0.024) 
Return On Assets
0.0469
Return On Equity
0.0758
The market value of Dolby Laboratories is measured differently than its book value, which is the value of Dolby that is recorded on the company's balance sheet. Investors also form their own opinion of Dolby Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Dolby Laboratories' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dolby Laboratories' market value can be influenced by many factors that don't directly affect Dolby Laboratories' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dolby Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine Dolby Laboratories value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dolby Laboratories' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.