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Dolby Laboratories, Inc. (DLB)

Stock Price: $69.70 USD -0.88 (-1.25%)
Updated Aug 14, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 7.01B
Revenue (ttm) 1.19B
Net Income (ttm) 248.45M
Shares Out 64.37M
EPS (ttm) 2.42
PE Ratio 28.80
Forward PE 21.79
Dividend $0.88
Dividend Yield 1.26%

Stock Quote

Trading Day Aug 14, 2020
Last Price $69.70
Previous Close $70.58
Change ($) -0.88
Change (%) -1.25%
Day's Open 70.21
Day's Range 69.60 - 70.46
Day's Volume 297,216
52-Week Range 44.68 - 73.94

More Stats

Market Cap 7.01B
Enterprise Value 6.04B
Earnings Date (est) Oct 21, 2020
Ex-Dividend Date Aug 14, 2020
Shares Outstanding 64.37M
Float 63.82M
EPS (basic) 2.48
EPS (diluted) 2.42
FCF / Share 2.87
Dividend $0.88
Dividend Yield 1.26%
Earnings Yield 3.47%
FCF Yield 4.12%
Payout Ratio n/a
Shares Short 1.15M
Short Ratio 3.72
Short % of Float 1.83%
Beta 0.89
PE Ratio 28.80
Forward PE 21.79
P/FCF Ratio 24.25
PS Ratio 5.89
PB Ratio 2.88
Revenue 1.19B
Operating Income 239.89M
Net Income 248.45M
Free Cash Flow 289.15M
Net Cash 971.27M
Net Cash / Share 9.66
Gross Margin 90.86%
Operating Margin 20.17%
Profit Margin 20.90%
FCF Margin 24.31%
ROA 5.43%
ROE 10.45%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 4
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$76.25*
(9.40% upside)
Low
73.0
Current: $69.70
High
83.0
Target: 76.25
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,2421,0551,0801,026971960910933961923
Revenue Growth17.73%-2.37%5.31%5.68%1.09%5.55%-2.5%-2.92%4.16%-
Gross Profit1,081927962917876890813841850791
Operating Income257184247232213274245362430429
Net Income25541.75206186181206189264309283
Shares Outstanding102103102101102102102107111113
Earnings Per Share2.440.392.001.811.751.991.842.462.752.46
EPS Growth525.64%-80.5%10.5%3.43%-12.06%8.15%-25.2%-10.55%11.79%-
Dividend Per Share0.760.640.560.480.40-4.00---
Dividend Growth18.75%14.29%16.67%20%------
Operating Cash Flow328352378360309362277390404327
Capital Expenditures-96.28-72.81-99.62-101-158-75.36-26.21-166-43.80-36.15
Free Cash Flow231279278259152286250224360291
Cash & Equivalents9251,103882641674802598795943848
Net Cash / Debt9251,103882641674802598795943848
Assets2,8222,8652,5342,3102,1331,9841,7381,9611,8841,712
Liabilities509495390331317252238218199217
Book Value2,3072,3642,1371,9701,8071,7101,4811,7201,6641,474
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Dolby Laboratories, Inc.
Country United States
Employees 2,193
CEO Kevin J. Yeaman

Stock Information

Ticker Symbol DLB
Stock Exchange New York Stock Exchange
Sector Communication Services
Industry Entertainment
Unique Identifier NYSE: DLB
IPO Date February 17, 2005

Description

Dolby 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, 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 media devices; Dolby AC-4, an audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and a range of media devices. Its audio technologies also include Dolby Digital, a digital audio coding technology that provides multichannel sound to applications; Dolby Digital Plus, 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 conferencing technology; and HEVC, a digital video codec with high bandwidth efficiency to support for media devices. In addition, the company designs and manufactures digital cinema servers, cinema processors, amplifiers, loudspeakers, hardware components, video conferencing solutions, and other products for the cinema, television, broadcast, and entertainment industries. Further, it offers 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.