Dolby Laboratories, Inc. with ticker code (DLB) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $100.00 and $98.00 suggesting an average Analsyt target price of $99.00. Now with the previous closing price of $70.05 this is indicating there is a potential upside of 41.3%. The day 50 moving average is $76.13 and the 200 day moving average is $81.14. The company has a market capitalization of 6.82B. The stock price is currently at: $71.55 USD
The potential market cap would be $9,641,541,400 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 32.82, revenue per share of $13.17 and a 5.16% 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).
