Dolby Laboratories, Inc. with ticker code (DLB) have now 1 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between 98 and 98 calculating the mean target price we have $98.00. Given that the stocks previous close was at $80.59 this would imply there is now a potential upside of 21.6%. Also worth taking note is the 50 day moving average now sits at $81.66 while the 200 day moving average is $82.79. The market cap for the company is 7.60B. The stock price for the company is currently 79.46 USD
The potential market cap would be $9,241,415,555 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 35.32, revenue per share of 13.39 and a 5.72% 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).
