Dolby Laboratories Inc [DLB] stock prices are down -0.24% to $81.81 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DLB shares have gain 1.45% over the last week, with a monthly amount drifted -2.44%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Dolby Laboratories Inc [NYSE: DLB] stock has seen the most recent analyst activity on June 03, 2024, when Barrington Research upgraded its rating to a Outperform but kept the price target unchanged to $100 for it. Previously, Barrington Research downgraded its rating to Mkt Perform on November 18, 2022. On May 24, 2022, Rosenblatt initiated with a Buy rating and assigned a price target of $90 on the stock. Barrington Research upgraded its rating to a Outperform but stick to its price target of $115 on August 02, 2021. B. Riley FBR reiterated its recommendation of a Neutral and raised its price target to $73 on August 04, 2020. B. Riley FBR downgraded its rating to Neutral for this stock on June 24, 2020, and upped its price target to $72. In a note dated March 24, 2020, B. Riley FBR upgraded an Buy rating on this stock and boosted its target price from $57 to $60.
The stock price of Dolby Laboratories Inc [DLB] has been fluctuating between $66.35 and $89.66 over the past year. Currently, Wall Street analysts expect the stock to reach $90 within the next 12 months. Dolby Laboratories Inc [NYSE: DLB] shares were valued at $81.81 at the most recent close of the market. An investor can expect a potential return of 10.01% based on the average DLB price forecast.
Analyzing the DLB fundamentals
The Dolby Laboratories Inc [NYSE:DLB] reported sales of 1.32B for trailing twelve months, representing a surge of 13.13%. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.11 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 81.12 points at the first support level, and at 80.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 82.52, and for the 2nd resistance point, it is at 83.22.
Ratios To Look Out For
It’s worth pointing out that Dolby Laboratories Inc [NYSE:DLB]’s Current Ratio is 2.91. As well, the Quick Ratio is 2.84, while the Cash Ratio is 1.38. Considering the valuation of this stock, the price to sales ratio is 6.00, the price to book ratio is 3.14 and price to earnings (TTM) ratio is 30.18.
Transactions by insiders
Recent insider trading involved Pendleton Todd, SVP, Chief Marketing Officer, that happened on Feb 19 ’25 when 18121.0 shares were sold. Officer, Pendleton Todd completed a deal on Feb 19 ’25 to buy 18121.0 shares. Meanwhile, VP, CAO and Corp. Controller Nicholson Ryan sold 7000.0 shares on Feb 05 ’25.
