Dolby/DLB

$78.00

0.03%
-
1D1W1MYTD1YMAX

About Dolby

Dolby Laboratories, Inc. is engaged in designing and manufacturing of audio and imaging hardware and software products for the cinema, television, broadcast and entertainment industries. The Company's products are used in content creation, distribution and playback to enhance image and sound quality and improve transmission and playback. Its cinema imaging products include digital cinema servers used to load, store, decrypt, decode, watermark, and playback digital film files for presentation on digital cinema projectors and software used to encrypt, encode and package digital media files for distribution. Its cinema audio products include cinema processors, amplifiers and loudspeakers used to decode, render, and optimally play back digital cinema soundtracks, including those using Dolby Atmos. The Company's other products include three dimensional glasses and kits, broadcast hardware and software. Its technology includes Dolby Atmos, Dolby TrueHD, Dolby Vision and Dolby Digital Plus.

Ticker

DLB

Sector

Technology

Trading on

NYSE

Industry

Motion Pictures

CEO

Kevin Yeaman

Employees

2,246

Headquarters

San francisco, United States

Dolby Metrics

BasicAdvanced
$7.51B
Market cap
40.67
P/E ratio
$1.93
EPS
0.98
Beta
$1.11
Dividend rate
1.53%
Dividend yield
$7.51B
0.97623
$91.02
$75.87
370.03K
$1.11
3.683
3.587
56.35%
49.596
6.68%
8.13%
7.62%
40.672
5.868
3.212
4.232
40.882
1.26%
1.41%
1.53%
3.5%
4.69%
3.81%
-2.97%
7.06%

What the Analysts think about Dolby

Analyst Ratings

Majority rating from 4 analysts.
Buy

Price Targets

Average projection from 1 analyst.
25.64% upside
High $98.00
Low $98.00
$78.00
Current price
$98.00
Average price target

Dolby Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
21.2% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$315.5M
8.61%
Net income
$66.9M
635.16%
Profit margin
21.2%
577.32%

Dolby Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 17.44%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.26
$0.55
$0.65
$1.01
-
Expected
$0.98
$0.55
$0.53
$0.86
$1.22
Surprise
29.23%
0%
23.42%
17.44%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Dolby stock?

Dolby (DLB) has a market cap of $7.51B as of April 18, 2024.

What is the P/E ratio for Dolby stock?

The price to earnings (P/E) ratio for Dolby (DLB) stock is 40.67 as of April 18, 2024.

Does Dolby stock pay dividends?

Yes, the Dolby (DLB) stock pays dividends to shareholders. As of April 18, 2024, the dividend rate is $1.11 and the yield is 1.53%. Dolby has a payout ratio of 56.35% on a trailing twelve-month basis.

When is the next Dolby dividend payment date?

The next Dolby (DLB) dividend payment date is unconfirmed.

What is the beta indicator for Dolby?

Dolby (DLB) has a beta rating of 0.98. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Dolby stock price target?

The target price for Dolby (DLB) stock is $98, which is 25.64% above the current price of $78. This is an average based on projections from 1 analyst, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Dolby stock

Buy or sell Dolby stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing