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Dolby Laboratories, Inc. (DLB)

Stock Price: $90.57 USD 1.73 (1.95%)
Updated November 27, 1:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 9.09B
Revenue (ttm) 1.16B
Net Income (ttm) 231.36M
Shares Out 64.22M
EPS (ttm) 2.25
PE Ratio 40.25
Forward PE 29.67
Dividend $0.88
Dividend Yield 0.97%

Stock Quote

Trading Day November 27
Last Price $90.57
Previous Close $88.84
Change ($) 1.73
Change (%) 1.95%
Day's Open 89.00
Day's Range 88.94 - 90.77
Day's Volume 405,455
52-Week Range 44.68 - 90.77

More Stats

Market Cap 9.09B
Enterprise Value 8.04B
Earnings Date (est) Jan 1, 1970
Ex-Dividend Date Nov 23, 2020
Shares Outstanding 64.22M
Float n/a
EPS (basic) 2.30
EPS (diluted) 2.25
FCF / Share 2.76
Dividend $0.88
Dividend Yield 0.97%
Earnings Yield 2.48%
FCF Yield 3.05%
Payout Ratio 38.30%
Shares Short 1.26M
Short Ratio 2.17
Short % of Float n/a
Beta 0.81
PE Ratio 40.25
Forward PE 29.67
P/FCF Ratio 32.75
PS Ratio 7.82
PB Ratio 3.74
Revenue 1.16B
Operating Income 218.74M
Net Income 231.36M
Free Cash Flow 277.50M
Net Cash 1.05B
Net Cash / Share 10.42
Gross Margin 87.39%
Operating Margin 18.83%
Profit Margin 19.90%
FCF Margin 23.89%
ROA 4.80%
ROE 9.75%
ROIC 17.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (4)

Buy 3
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$89.75*
(-0.91% downside)
Low
79.0
Current: $90.57
High
95.0
Target: 89.75
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2020201920182017201620152014201320122011
Revenue1,1621,2421,0551,0801,026971960910933961
Revenue Growth-6.43%17.73%-2.37%5.31%5.68%1.09%5.55%-2.5%-2.92%-
Gross Profit1,0151,081927962917876890813841850
Operating Income219257184247232213274245362430
Net Income23125541.75206186181206189264309
Shares Outstanding101102103102101102102102107111
Earnings Per Share2.252.440.392.001.811.751.991.842.462.75
EPS Growth-7.79%525.64%-80.5%10.5%3.43%-12.06%8.15%-25.2%-10.55%-
Dividend Per Share0.880.760.640.560.480.40-4.00--
Dividend Growth15.79%18.75%14.29%16.67%20%-----
Operating Cash Flow344328352378360309362277390404
Capital Expenditures-66.35-96.28-72.81-99.62-101-158-75.36-26.21-166-43.80
Free Cash Flow278231279278259152286250224360
Cash & Equivalents1,1279251,103882641674802598795943
Total Debt81.14---------
Net Cash / Debt1,0469251,103882641674802598795943
Assets2,9172,8222,8652,5342,3102,1331,9841,7381,9611,884
Liabilities479509495390331317252238218199
Book Value2,4332,3072,3642,1371,9701,8071,7101,4811,7201,664
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Dolby Laboratories, Inc.
Country United States
Employees 2,289
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 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, communication, 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.