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DLB

DLB - Dolby Laboratories Inc Stock Price, Fair Value and News

79.92USD+0.34 (+0.43%)Market Closed

Market Summary

DLB
USD79.92+0.34
Market Closed
0.43%

DLB Stock Price

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DLB RSI Chart

DLB Valuation

Market Cap

7.6B

Price/Earnings (Trailing)

40.32

Price/Sales (Trailing)

5.93

EV/EBITDA

22.21

Price/Free Cashflow

26.18

DLB Price/Sales (Trailing)

DLB Profitability

Operating Margin

88.27%

EBT Margin

18.03%

Return on Equity

8.03%

Return on Assets

6.41%

Free Cashflow Yield

3.82%

DLB Fundamentals

DLB Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

-5.78%

Rev. Growth (Qtr)

8.61%

DLB Earnings

Earnings (TTM)

188.3M

Earnings Growth (Yr)

-15.61%

Earnings Growth (Qtr)

629.16%

Breaking Down DLB Revenue

Last 7 days

2.0%

Last 30 days

-4.4%

Last 90 days

-6.0%

Trailing 12 Months

-3.5%

How does DLB drawdown profile look like?

DLB Financial Health

Current Ratio

3.68

DLB Investor Care

Dividend Yield

1.41%

Dividend/Share (TTM)

1.11

Buy Backs (1Y)

0.55%

Diluted EPS (TTM)

1.93

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.3B1.3B1.3B1.3B
20221.3B1.3B1.3B1.2B
20211.2B1.3B1.3B1.2B
20201.2B1.2B1.2B1.3B
20191.1B1.2B1.2B1.2B
20181.1B1.1B1.1B1.1B
20171.0B1.1B1.1B1.1B
2016979.6M1.0B1.0B1.1B
2015956.5M964.8M970.6M977.2M
2014933.6M949.9M960.2M963.1M
2013922.0M918.8M909.7M904.3M
2012959.7M951.0M933.0M935.4M
2011950.8M939.5M955.5M947.0M
2010821.1M871.9M922.7M944.2M
20090679.9M719.5M770.3M
200800640.2M0
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Tracking the Latest Insider Buys and Sells of Dolby Laboratories Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 01, 2024
rollins emily
sold
-80,880
80.88
-1,000
-
Feb 28, 2024
pendleton todd
sold
-1,992,800
81.6888
-24,395
svp, chief marketing officer
Feb 28, 2024
pendleton todd
acquired
844,997
70.2876
12,022
svp, chief marketing officer
Feb 09, 2024
couling john d
sold
-2,711,900
80.8074
-33,560
svp, entertainment
Feb 09, 2024
couling john d
acquired
1,850,870
55.1511
33,560
svp, entertainment
Feb 08, 2024
couling john d
sold
-4,000,000
80.00
-50,000
svp, entertainment
Feb 08, 2024
couling john d
acquired
2,149,000
42.98
50,000
svp, entertainment
Feb 06, 2024
gotcher peter c
acquired
-
-
2,952
-
Feb 06, 2024
dolby david
acquired
-
-
2,952
-
Feb 06, 2024
prophet tony a
acquired
-
-
2,952
-

1–10 of 50

Which funds bought or sold DLB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
RICE HALL JAMES & ASSOCIATES, LLC
reduced
-38.58
-314,611
466,180
0.03%
Apr 23, 2024
Venturi Wealth Management, LLC
reduced
-96.46
-906,318
32,274
-%
Apr 23, 2024
AMALGAMATED BANK
reduced
-21.02
-821,000
2,710,000
0.02%
Apr 23, 2024
Louisiana State Employees Retirement System
added
2.4
-6,739
1,432,470
0.03%
Apr 23, 2024
Gradient Investments LLC
reduced
-23.81
-1,408
4,021
-%
Apr 23, 2024
Global Retirement Partners, LLC
reduced
-79.49
-5,262
1,340
-%
Apr 23, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
unchanged
-
-29,000
1,014,000
0.04%
Apr 23, 2024
FIFTH THIRD BANCORP
reduced
-14.59
-8,926
43,644
-%
Apr 23, 2024
Creative Capital Management Investments LLC
unchanged
-
-43.00
1,508
-%
Apr 22, 2024
Harfst & Associates, Inc.
sold off
-100
-1,972,140
-
-%

1–10 of 50

Are Funds Buying or Selling DLB?

Are funds buying DLB calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own DLB
No. of Funds

Unveiling Dolby Laboratories Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.80%
6,394,750
SC 13G/A
Feb 13, 2024
kayne anderson rudnick investment management llc
9.19%
5,420,205
SC 13G/A
Feb 08, 2024
morgan stanley
7.8%
4,593,133
SC 13G/A
Jan 24, 2024
blackrock inc.
9.8%
5,797,685
SC 13G/A
Mar 10, 2023
vanguard group inc
10.06%
6,012,094
SC 13G/A
Feb 14, 2023
kayne anderson rudnick investment management llc
8.54%
5,110,252
SC 13G
Feb 10, 2023
clearbridge investments, llc
4.8%
2,903,393
SC 13G/A
Feb 09, 2023
morgan stanley
7.1%
4,261,695
SC 13G/A
Feb 09, 2023
vanguard group inc
9.94%
5,963,672
SC 13G/A
Feb 03, 2023
blackrock inc.
5.2%
3,117,785
SC 13G

Recent SEC filings of Dolby Laboratories Inc

View All Filings
Date Filed Form Type Document
Mar 05, 2024
4
Insider Trading
Mar 01, 2024
144
Notice of Insider Sale Intent
Mar 01, 2024
4
Insider Trading
Feb 28, 2024
144
Notice of Insider Sale Intent
Feb 14, 2024
4
Insider Trading
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
4
Insider Trading
Feb 12, 2024
4/A
Insider Trading
Feb 09, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Dolby Laboratories Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
101.3B
18.6B
0.99% 16.50%
28.48
5.45
7.76% 13.08%
67.4B
9.4B
4.48% 48.57%
44.82
7.16
9.34% 15.98%
52.8B
4.1B
-3.93% 41.68%
38.94
13.01
10.52% 25.37%
27.9B
5.4B
-13.50% 14.03%
50.04
5.21
5.76% -4.95%
18.7B
10.3B
-1.18% 50.22%
45.77
1.81
13.90% -5.05%
11.1B
3.7B
-4.79% 24.13%
20.5
3.03
11.58% 17.98%
MID-CAP
7.5B
6.4B
-8.74% -0.28%
18.3
1.18
-11.68% -37.51%
5.7B
2.7B
4.70% 34.09%
9.29
2.13
15.87% 733.47%
4.6B
2.7B
-5.50% 16.61%
-216.73
1.74
-1.68% -137.70%
2.8B
8.2B
1.71% 7.28%
10.95
0.34
3.98% 33.49%
SMALL-CAP
1.9B
2.7B
8.63% 114.14%
21.53
0.69
104.63% 175.67%
384.8M
1.9B
-6.98% -16.41%
43.24
0.21
19.40% -4.30%
118.5M
281.2M
1.85% -8.94%
14.39
0.42
-1.68% -25.77%
53.7M
1.1M
2.13% -58.97%
-2.24
49.78
336.95% -55.13%
8.6M
80.5M
-8.33% -18.22%
-4.77
0.11
-0.82% -207.00%

Dolby Laboratories Inc News

Latest updates
MarketBeat • 9 hours ago
MarketWatch • 5 months ago
Investor's Business Daily • 5 months ago

Dolby Laboratories Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue8.6%316291298376335278290334352285287320390271247352292299302338302
Cost Of Revenue-9.8%32.0036.0042.0041.0034.0037.0036.0036.0033.0031.0032.0032.0035.0042.0030.0037.0037.0046.0040.0037.0039.00
Gross Profit11.2%284255257335300241254299319254255287355229217315255253262302264
Operating Expenses-15.9%217259241226206214208256228214199204190199183209206202228199195
  S&GA Expenses-13.1%79.0091.0086.0096.0082.0090.0087.0084.0097.0098.0081.0078.0075.0081.0071.0088.0095.0082.0083.0093.0086.00
  R&D Expenses-4.8%67.0070.0069.0068.0064.0062.0063.0067.0069.0062.0062.0066.0064.0062.0060.0060.0058.0060.0060.0059.0059.00
EBITDA Margin-12.1%0.24*0.28*0.28*0.30*0.25*0.25*0.26*0.27*0.31*0.35*0.35*0.35*0.35*0.28*-------
Interest Expenses-100.0%-28.000.00-0.030.006.000.000.000.003.000.000.000.000.000.000.000.000.000.000.000.00
Income Taxes1592.7%13.00-0.897.0021.0021.003.0010.007.0011.00-1.175.009.0024.008.00-27.4022.006.0012.002.0036.00-24.10
Earnings Before Taxes794.9%81.009.0024.0011710031.0049.0043.0091.0043.0059.0085.0016734.0040.0011154.0056.0042.0011074.00
EBT Margin-6.3%0.18*0.19*0.21*0.23*0.18*0.17*0.18*0.19*0.22*0.28*0.27*0.27*0.28*0.21*-------
Net Income629.2%67.009.0016.0096.0079.0028.0040.0037.0080.0044.0055.0076.0013527.0067.0088.0049.0044.0040.0073.0098.00
Net Income Margin-4.8%0.15*0.15*0.17*0.19*0.15*0.15*0.16*0.17*0.21*0.24*0.23*0.25*0.25*0.20*-------
Free Cashflow-97.0%2.0077.0011497.0049.0041.0016151.0017.0098.0015970.0067.00102-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.5%2,9362,9803,0082,8362,7492,6902,9203,0633,1053,1063,1353,1063,0972,9172,9042,9452,8932,8222,8102,8472,823
  Current Assets-2.4%1,4511,4881,4691,4631,3491,3111,5051,6221,6951,7601,7731,7511,7251,5471,5031,4601,4011,3821,3391,3961,424
    Cash Equivalents-11.9%6577457656886316288679091,0641,2331,2271,1131,1191,080863734753806724735800
  Inventory5.5%38.0036.0032.0030.0026.0024.0024.0017.0013.0011.0012.0015.0020.0026.0029.0028.0029.0032.0039.0035.0028.00
  Net PPE-0.5%479482502508512513518528534534538543544542547551549537525538523
  Goodwill0.5%410408426370369365368372340341338338339337336333335335336327327
Liabilities-5.7%573608625480456439460458462501507512526479467576555509490494474
  Current Liabilities-6.7%394422423314290278285281283316309309316267258307293307278265295
Shareholder's Equity-0.4%2,3462,3552,3662,3562,2932,2512,4602,6052,6432,6042,6282,5942,5712,4382,4372,3692,3392,3132,3202,3532,349
  Retained Earnings-1.0%2,3672,3922,3972,3782,3192,2982,4852,6152,6492,6082,6262,5922,5662,4432,4482,3962,3512,3282,3292,3622,362
  Additional Paid-In Capital----------------------
Shares Outstanding-0.4%95.0096.0096.0096.0096.00100100101101101101101101101101101100102101102103
Minority Interest-3.6%16.0017.0016.005.005.005.005.005.005.006.006.006.006.006.006.005.005.006.006.006.006.00
Float----4,100---4,600---5,700---3,100---3,200-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-90.1%8.0085.0012110556.0051.0017363.0032.0011017283.0082.0011313466.0031.0013091.0049.0057.00
  Share Based Compensation13.1%32.0028.0029.0030.0031.0027.0028.0028.0033.0024.0025.0024.0026.0022.0021.0021.0023.0017.0019.0019.0021.00
Cashflow From Investing103.2%1.00-19.7122.0024.0028.00-40.72-8.16-120-126-14.96-14.19-14.26-1.5015527.00-9.80-37.4117.00-9.87-21.89-41.57
Cashflow From Financing-192.4%-125-42.80-36.83-67.10-90.09-242-197-97.42-72.84-86.86-44.88-74.43-46.34-53.86-37.43-68.21-48.28-62.70-91.13-93.02-138
  Dividend Payments10.6%29.0026.0026.0026.0026.0024.0025.0025.0025.0022.0022.0022.0022.0022.0022.0022.0022.0019.0019.0019.0020.00
  Buy Backs220.0%80.0025.0025.0050.0049.0022019085.0036.0096.0039.0071.0040.0045.0027.0072.0030.0054.0089.0085.00113

DLB Income Statement

2023-12-29
Interim Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 29, 2023
Dec. 30, 2022
Revenue:  
Revenue$ 315,574$ 334,921
Total revenue315,574334,921
Cost of revenue:  
Total cost of revenue32,06034,450
Gross profit283,514300,471
Operating expenses:  
Research and development67,03364,450
Sales and marketing79,00382,205
General and administrative65,16659,972
Restructuring charges6,091(244)
Total operating expenses217,293206,383
Operating income66,22194,088
Other income/(expense):  
Interest income/(expense), net9,1874,797
Other income, net5,4251,097
Total other income14,6125,894
Income before income taxes80,83399,982
Provision for income taxes(13,252)(20,534)
Net income including noncontrolling interest67,58179,448
Less: net income attributable to noncontrolling interest(600)(73)
Net income attributable to Dolby Laboratories, Inc.$ 66,981$ 79,375
Net income per share:  
Basic (in usd per share)$ 0.70$ 0.83
Diluted (in usd per share)$ 0.69$ 0.82
Weighted-average shares outstanding:  
Basic (in shares)95,37695,905
Diluted (in shares)97,43997,047
Cash dividend declared per common share (in dollars per share)$ 0.30$ 0.27
Cash dividend paid per common share (in dollars per share)$ 0.30$ 0.27
Licensing  
Revenue:  
Revenue$ 293,767$ 308,011
Cost of revenue:  
Cost of revenue15,73613,359
Products and services  
Revenue:  
Revenue21,80726,910
Cost of revenue:  
Cost of revenue$ 16,324$ 21,091

DLB Balance Sheet

2023-12-29
Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 29, 2023
Sep. 29, 2023
Current assets:  
Cash and cash equivalents$ 656,816$ 745,364
Restricted cash51,84272,602
Short-term investments140,823139,148
Accounts receivable, net of allowance for credit losses of $7,428 and $9,683293,228262,245
Contract assets, net of allowance for credit losses of $108 and $138217,559182,130
Inventories, net37,56835,623
Prepaid expenses and other current assets53,51950,692
Total current assets1,451,3551,487,804
Long-term investments92,87697,812
Property, plant, and equipment, net479,321481,581
Operating lease right-of-use assets38,00140,199
Intangible assets, net159,894167,427
Goodwill410,435408,409
Other non-current assets96,98094,674
Deferred taxes206,667201,860
Total assets2,935,5292,979,766
Current liabilities:  
Accounts payable14,39520,925
Accrued liabilities327,186351,399
Income taxes payable6,1894,769
Contract liabilities33,40431,505
Operating lease liabilities12,92213,628
Total current liabilities394,096422,226
Non-current contract liabilities36,99439,997
Non-current operating lease liabilities34,31937,020
Other non-current liabilities107,810108,339
Total liabilities573,219607,582
Stockholders’ equity:  
Retained earnings2,367,1822,391,990
Accumulated other comprehensive loss(21,428)(36,984)
Total stockholders’ equity – Dolby Laboratories, Inc.2,345,8482,355,100
Noncontrolling interest16,46217,084
Total stockholders’ equity2,362,3102,372,184
Total liabilities and stockholders’ equity2,935,5292,979,766
Class A, $0.001 par value, one vote per share, 500,000,000 shares authorized: 59,765,465 shares issued and outstanding at December 29, 2023 and 59,673,633 at September 29, 2023  
Stockholders’ equity:  
Common stock5353
Class B, $0.001 par value, ten votes per share, 500,000,000 shares authorized: 36,085,779 shares issued and outstanding at December 29, 2023 and 36,085,779 at September 29, 2023  
Stockholders’ equity:  
Common stock$ 41$ 41
DLB
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. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices. Its audio technologies also include DD, a digital audio coding technology that provides multichannel sound to applications; DD+, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; Dolby Voice, an audio communications technology that emulates the in-person meeting experience; and HEVC, a digital video codec with high bandwidth efficiency for media devices. In addition, the company offers digital cinema servers, cinema processors, amplifiers, loudspeakers, and audio and imaging hardware and software products for the cinema, television, broadcast, communication, and entertainment industries. Further, it provides 3-D glasses and kits; and 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.
 CEO
 WEBSITEdolby.com
 INDUSTRYInformation Technology Services
 EMPLOYEES2336

Dolby Laboratories Inc Frequently Asked Questions


What is the ticker symbol for Dolby Laboratories Inc? What does DLB stand for in stocks?

DLB is the stock ticker symbol of Dolby Laboratories Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Dolby Laboratories Inc (DLB)?

As of Wed Apr 24 2024, market cap of Dolby Laboratories Inc is 7.59 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DLB stock?

You can check DLB's fair value in chart for subscribers.

What is the fair value of DLB stock?

You can check DLB's fair value in chart for subscribers. The fair value of Dolby Laboratories Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Dolby Laboratories Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DLB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Dolby Laboratories Inc a good stock to buy?

The fair value guage provides a quick view whether DLB is over valued or under valued. Whether Dolby Laboratories Inc is cheap or expensive depends on the assumptions which impact Dolby Laboratories Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DLB.

What is Dolby Laboratories Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, DLB's PE ratio (Price to Earnings) is 40.32 and Price to Sales (PS) ratio is 5.93. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DLB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Dolby Laboratories Inc's stock?

In the past 10 years, Dolby Laboratories Inc has provided 0.07 (multiply by 100 for percentage) rate of return.