Dolby Laboratories, Inc. with ticker code (DLB) now have 1 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 98 and 98 with the average target price sitting at $98.00. Given that the stocks previous close was at $77.12 and the analysts are correct then there would likely be a percentage uptick in value of 27.1%. The day 50 moving average is $84.46 and the 200 day moving average is $80.04. The total market capitalization for the company now stands at 7.27B. The stock price is currently at: 76.09 USD
The potential market cap would be $9,234,592,212 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 30.68, 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).
