Dolby Laboratories, Inc. which can be found using ticker (DLB) have now 1 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $98.00 and $98.00 suggesting an average Analsyt target price of $98.00. Now with the previous closing price of $85.19 and the analysts are correct then there would likely be a percentage uptick in value of 15.0%. There is a 50 day moving average of $86.14 and the 200 day MA is $83.98. The market cap for the company is 8.04B. The stock price for the company is currently $84.62 USD
The potential market cap would be $9,253,830,279 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 41.28, revenue per share of $13.57 and a 5.8% return on assets.
Dolby Laboratories, Inc. is a designer and manufacturer 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. It offers a developer platform, Dolby.io, that enables developers to access its technologies through application programming interfaces (APIs). Its products include digital cinema servers, playback digital film files and software, cinema processors, amplifiers, loudspeakers, 3-D glasses and kits, broadcast hardware and software. The Company’s technologies include Advanced Audio Coding (AAC) and High Efficiency Advanced Audio Coding (HE-AAC) & Extended HE-AAC; Advanced Video Coding (AVC); Dolby AC-4; Dolby Atmos; Dolby Digital; Dolby Digital Plus; Dolby TrueHD; Dolby Vision; Dolby Voice; and High Efficiency Video Coding (HEVC).
