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DLB

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

83.85+0.23 (+0.28%)Market Closed

Market Summary

DLB
83.85+0.23
Market Closed
0.28%

DLB Stock Price

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DLB RSI Chart

DLB Valuation

Market Cap

8.0B

Price/Earnings (Trailing)

42.18

Price/Sales (Trailing)

6.33

EV/EBITDA

22.99

Price/Free Cashflow

21.98

DLB Price/Sales (Trailing)

DLB Profitability

Operating Margin

88.35%

EBT Margin

18.55%

Return on Equity

7.81%

Return on Assets

6.25%

Free Cashflow Yield

4.55%

DLB Fundamentals

DLB Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

-3.02%

Rev. Growth (Qtr)

15.51%

DLB Earnings

Earnings (TTM)

190.4M

Earnings Growth (Yr)

2.23%

Earnings Growth (Qtr)

46.06%

Breaking Down DLB Revenue

Last 7 days

1.4%

Last 30 days

7.6%

Last 90 days

7.5%

Trailing 12 Months

0.6%

How does DLB drawdown profile look like?

DLB Financial Health

Current Ratio

3.5

DLB Investor Care

Dividend Yield

1.39%

Dividend/Share (TTM)

1.11

Buy Backs (1Y)

0.11%

Diluted EPS (TTM)

1.96

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.3B000
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
May 17, 2024
New Covenant Trust Company, N.A.
new
-
2,429
2,429
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.88
-461,691
4,961,530
0.01%
May 16, 2024
Global Financial Private Client, LLC
unchanged
-
-97.00
3,092
-%
May 16, 2024
Redwood Investment Management, LLC
sold off
-100
-429,000
-
-%
May 16, 2024
COMERICA BANK
reduced
-4.83
-310,073
3,832,350
0.02%
May 16, 2024
B. Riley Wealth Advisors, Inc.
added
41.35
98,059
425,069
0.01%
May 16, 2024
2Xideas AG
reduced
-9.8
-1,451,610
10,331,600
1.26%
May 16, 2024
Tidal Investments LLC
added
53.86
291,250
878,998
0.01%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-75.55
-3,690,140
1,150,250
-%
May 15, 2024
LM Advisors LLC
sold off
-100
-17,063
-
-%

1–10 of 48

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
May 17, 2024
4
Insider Trading
May 15, 2024
4
Insider Trading
May 02, 2024
8-K
Current Report
May 02, 2024
10-Q
Quarterly Report
Apr 10, 2024
UPLOAD
UPLOAD
Mar 11, 2024
CORRESP
CORRESP
Mar 05, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
144
Notice of Insider Sale Intent
Feb 28, 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
103.3B
18.9B
3.89% 17.13%
27.92
5.46
7.08% 13.46%
70.2B
9.4B
3.55% 46.60%
46.72
7.46
9.34% 15.98%
52.4B
4.1B
0.93% 23.38%
38.65
12.91
10.52% 25.37%
30.8B
5.4B
4.69% 18.29%
55.13
5.75
5.76% -4.95%
19.8B
10.3B
8.58% 63.14%
48.27
1.91
13.90% -5.05%
10.9B
3.6B
-1.06% 12.63%
20.13
3
4.33% 10.69%
MID-CAP
7.4B
6.2B
2.28% 3.37%
21.08
1.21
-13.83% -42.32%
5.5B
2.7B
1.27% 26.05%
9.4
2.02
15.08% 16.51%
4.3B
2.6B
-4.39% 7.90%
-221.54
1.64
-3.11% -123.81%
3.0B
8.2B
7.93% 6.44%
11.58
0.36
3.98% 33.49%
SMALL-CAP
1.9B
2.7B
1.35% 107.67%
18.93
0.71
104.63% 188.16%
285.4M
1.9B
-26.28% -43.39%
32.07
0.15
15.20% -4.30%
118.7M
283.1M
3.77% -7.09%
13.57
0.42
-0.83% -20.92%
48.7M
212.0K
-14.00% -58.65%
-1.94
213.63
-40.62% -60.52%
9.4M
81.0M
4.35% -6.98%
-8.5
0.12
-4.98% -14.33%

Dolby Laboratories Inc News

Latest updates
Defense World • 18 hours ago
Defense World • 17 May 2024 • 03:12 pm
Yahoo Lifestyle UK • 16 May 2024 • 07:46 am
Seeking Alpha • 14 May 2024 • 08:04 am
StockNews.com • 11 May 2024 • 10:24 am

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue15.5%365316291298376335278290334352285287320390271247352292299302338
Cost Of Revenue21.0%39.0032.0036.0042.0041.0034.0037.0036.0036.0033.0031.0032.0032.0035.0042.0030.0037.0037.0046.0040.0037.00
Gross Profit14.9%326284255257335300241254299319254255287355229217315255253262302
Operating Expenses-0.2%217217259241226206214208256228214199204190199183209206202228199
  S&GA Expenses14.0%90.0079.0091.0086.0096.0082.0090.0087.0084.0097.0098.0081.0078.0075.0081.0071.0088.0095.0082.0083.0093.00
  R&D Expenses-6.8%62.0067.0070.0069.0068.0064.0062.0063.0067.0069.0062.0062.0066.0064.0062.0060.0060.0058.0060.0060.0059.00
EBITDA Margin1.3%0.25*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*-------
Interest Expenses---28.000.00-0.030.006.000.000.000.003.000.000.000.000.000.000.000.000.000.000.00
Income Taxes76.7%24.0013.00-0.897.0021.0021.003.0010.007.0011.00-1.175.009.0024.008.00-27.4022.006.0012.002.0036.00
Earnings Before Taxes50.6%12281.009.0024.0011710031.0049.0043.0091.0043.0059.0085.0016734.0040.0011154.0056.0042.00110
EBT Margin2.8%0.19*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*-------
Net Income46.1%98.0067.009.0016.0096.0079.0028.0040.0037.0080.0044.0055.0076.0013527.0067.0088.0049.0044.0040.0073.00
Net Income Margin2.0%0.15*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*-------
Free Cashflow7367.2%1722.0077.0011497.0049.0041.0016151.0017.0098.0015970.0067.00-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets3.7%3,0452,9362,9803,0082,8362,7492,6902,9203,0633,1053,1063,1353,1063,0972,9172,9042,9452,8932,8222,8102,847
  Current Assets6.9%1,5521,4511,4881,4691,4631,3491,3111,5051,6221,6951,7601,7731,7511,7251,5471,5031,4601,4011,3821,3391,396
    Cash Equivalents25.5%8246577457656886316288679091,0641,2331,2271,1131,1191,080863734753806724735
  Inventory-4.7%36.0038.0036.0032.0030.0026.0024.0024.0017.0013.0011.0012.0015.0020.0026.0029.0028.0029.0032.0039.0035.00
  Net PPE0.5%481479482502508512513518528534534538543544542547551549537525538
  Goodwill-0.4%409410408426370369365368372340341338338339337336333335335336327
Liabilities5.9%607573608625480456439460458462501507512526479467576555509490494
  Current Liabilities12.4%443394422423314290278285281283316309309316267258307293307278265
Shareholder's Equity3.9%2,4382,3462,3552,3662,3562,2932,2512,4602,6052,6432,6042,6282,5942,5712,4382,4372,3692,3392,3132,3202,353
  Retained Earnings3.5%2,4502,3672,3922,3972,3782,3192,2982,4852,6152,6492,6082,6262,5922,5662,4432,4482,3962,3512,3282,3292,362
  Additional Paid-In Capital----------------------
Accumulated Depreciation-597-577------------------
Shares Outstanding0.4%96.0095.0096.0096.0096.0096.00100100101101101101101101101101101100102101102
Minority Interest2.0%17.0016.0017.0016.005.005.005.005.005.005.006.006.006.006.006.006.005.005.006.006.006.00
Float-----4,100---4,600---5,700---3,100---3,200
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations2057.3%1818.0085.0012110556.0051.0017363.0032.0011017283.0082.0011313466.0031.0013091.0049.00
  Share Based Compensation-9.3%29.0032.0028.0029.0030.0031.0027.0028.0028.0033.0024.0025.0024.0026.0022.0021.0021.0023.0017.0019.0019.00
Cashflow From Investing-2923.5%-17.871.00-19.7122.0024.0028.00-40.72-8.16-120-126-14.96-14.19-14.26-1.5015527.00-9.80-37.4117.00-9.87-21.89
Cashflow From Financing64.7%-44.16-125-42.80-36.83-67.10-90.09-242-197-97.42-72.84-86.86-44.88-74.43-46.34-53.86-37.43-68.21-48.28-62.70-91.13-93.02
  Dividend Payments0.6%29.0029.0026.0026.0026.0026.0024.0025.0025.0025.0022.0022.0022.0022.0022.0022.0022.0022.0019.0019.0019.00
  Buy Backs-68.8%25.0080.0025.0025.0050.0049.0022019085.0036.0096.0039.0071.0040.0045.0027.0072.0030.0054.0089.0085.00
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DLB Income Statement

2024-03-29
Interim Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Mar. 29, 2024
Mar. 31, 2023
Revenue:    
Revenue$ 364,523$ 375,891$ 680,097$ 710,812
Total revenue364,523375,891680,097710,812
Cost of revenue:    
Total cost of revenue38,77741,04970,83775,499
Gross profit325,746334,842609,260635,313
Operating expenses:    
Research and development62,49367,951129,526132,401
Sales and marketing90,03895,695169,041177,900
General and administrative66,74261,939131,908121,911
Restructuring charges(2,495)333,596(211)
Total operating expenses216,778225,618434,071432,001
Operating income108,968109,224175,189203,312
Other income/(expense):    
Interest income/(expense), net8,5976,80717,78411,604
Other income, net4,1831,2509,6082,347
Total other income12,7808,05727,39213,951
Income before income taxes121,748117,281202,581217,263
Provision for income taxes(23,534)(21,398)(36,786)(41,932)
Net income including noncontrolling interest98,21495,883165,795175,331
Less: net income attributable to noncontrolling interest(384)(187)(984)(260)
Net income attributable to Dolby Laboratories, Inc.$ 97,830$ 95,696$ 164,811$ 175,071
Net income per share:    
Basic (in usd per share)$ 1.02$ 1.00$ 1.72$ 1.83
Diluted (in usd per share)$ 1.01$ 0.98$ 1.69$ 1.80
Weighted-average shares outstanding:    
Basic (in shares)95,71895,82095,54795,862
Diluted (in shares)96,85697,29897,39797,392
Cash dividend declared per common share (in dollars per share)$ 0.30$ 0.27$ 0.60$ 0.54
Cash dividend paid per common share (in dollars per share)$ 0.30$ 0.27$ 0.60$ 0.54
Licensing    
Revenue:    
Revenue$ 338,240$ 351,608$ 632,007$ 659,619
Cost of revenue:    
Cost of revenue15,31821,36531,05434,724
Products and services    
Revenue:    
Revenue26,28324,28348,09051,193
Cost of revenue:    
Cost of revenue$ 23,459$ 19,684$ 39,783$ 40,775

DLB Balance Sheet

2024-03-29
Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2024
Sep. 29, 2023
Current assets:  
Cash and cash equivalents$ 709,535$ 745,364
Restricted cash114,82172,602
Short-term investments115,863139,148
Accounts receivable, net of allowance for credit losses of $6,213 and $9,683282,131262,245
Contract assets, net of allowance for credit losses of $105 and $138243,170182,130
Inventories, net35,79735,623
Prepaid expenses and other current assets50,42150,692
Total current assets1,551,7381,487,804
Long-term investments127,97397,812
Property, plant, and equipment, net481,492481,581
Operating lease right-of-use assets43,05740,199
Intangible assets, net152,149167,427
Goodwill408,652408,409
Other non-current assets71,17394,674
Deferred taxes208,494201,860
Total assets3,044,7282,979,766
Current liabilities:  
Accounts payable19,72720,925
Accrued liabilities362,883351,399
Income taxes payable8,3844,769
Contract liabilities37,70231,505
Operating lease liabilities14,20613,628
Total current liabilities442,902422,226
Non-current contract liabilities36,45339,997
Non-current operating lease liabilities37,71137,020
Other non-current liabilities89,975108,339
Total liabilities607,041607,582
Stockholders’ equity:  
Retained earnings2,449,8762,391,990
Accumulated other comprehensive loss(29,068)(36,984)
Total stockholders’ equity – Dolby Laboratories, Inc.2,420,9022,355,100
Noncontrolling interest16,78517,084
Total stockholders’ equity2,437,6872,372,184
Total liabilities and stockholders’ equity3,044,7282,979,766
Class A, $0.001 par value, one vote per share, 500,000,000 shares authorized: 59,737,770 shares issued and outstanding at March 29, 2024 and 59,673,633 at September 29, 2023  
Stockholders’ equity:  
Common stock5353
Class B, $0.001 par value, ten votes per share, 500,000,000 shares authorized: 36,085,779 shares issued and outstanding at March 29, 2024 and 36,085,779 at September 29, 2023  
Stockholders’ equity:  
Common stock$ 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 Fri May 17 2024, market cap of Dolby Laboratories Inc is 8.03 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 Fri May 17 2024, DLB's PE ratio (Price to Earnings) is 42.18 and Price to Sales (PS) ratio is 6.33. 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 0.087 (multiply by 100 for percentage) rate of return.