In the past week, DLB stock has gone down by -1.27%, with a monthly decline of -2.58% and a quarterly surge of 3.96%. The volatility ratio for the week is 1.64%, and the volatility levels for the last 30 days are 1.71% for Dolby Laboratories Inc The simple moving average for the last 20 days is -1.46% for DLB stock, with a simple moving average of -0.05% for the last 200 days.
Is It Worth Investing in Dolby Laboratories Inc (NYSE: DLB) Right Now?
The price-to-earnings ratio for Dolby Laboratories Inc (NYSE: DLB) is 28.56x, which is above its average ratio. Moreover, the 36-month beta value for DLB is 0.98. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DLB is 59.36M and currently, short sellers hold a 1.21% of that float. On January 09, 2025, DLB’s average trading volume was 412.68K shares.
DLB) stock’s latest price update
Dolby Laboratories Inc (NYSE: DLB) has seen a decline in its stock price by -0.78 in relation to its previous close of 77.72. However, the company has experienced a -1.27% decline in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-07 that Dolby will spotlight its latest innovations in automotive, including an exclusive first look at the latest vehicles to support Dolby Atmos and the world’s first car to support Dolby Vision along with Dolby Atmos LAS VEGAS, Jan. 7, 2025 /PRNewswire/ — Dolby Laboratories, a leader in immersive entertainment experiences, today kicked off the start of the 2025 Consumer Electronics Show (CES) with an exhibition of its latest innovations in automotive. Throughout CES, Dolby will showcase its momentum in automotive through its latest collaborations with leading manufacturers and suppliers, as well as the growing catalog of music, audiobooks, podcasts, and A/V content fueling the catalog of entertainment consumers can enjoy in their vehicles.
Analysts’ Opinion of DLB
Many brokerage firms have already submitted their reports for DLB stocks, with Barrington Research repeating the rating for DLB by listing it as a “Outperform.” The predicted price for DLB in the upcoming period, according to Barrington Research is $100 based on the research report published on June 03, 2024 of the previous year 2024.
Rosenblatt gave a rating of “Buy” to DLB, setting the target price at $90 in the report published on May 24th of the previous year.
DLB Trading at 0.02% from the 50-Day Moving Average
After a stumble in the market that brought DLB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.72% of loss for the given period.
Volatility was left at 1.71%, however, over the last 30 days, the volatility rate increased by 1.64%, as shares sank -2.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.93% upper at present.
During the last 5 trading sessions, DLB fell by -1.27%, which changed the moving average for the period of 200-days by -7.88% in comparison to the 20-day moving average, which settled at $78.25. In addition, Dolby Laboratories Inc saw -1.27% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DLB starting from SHERMAN MARK ANDREW, who sale 12,338 shares at the price of $78.08 back on Dec 17 ’24. After this action, SHERMAN MARK ANDREW now owns 62,397 shares of Dolby Laboratories Inc, valued at $963,303 using the latest closing price.
MARK A SHERMAN, the Officer of Dolby Laboratories Inc, proposed sale 12,338 shares at $78.08 during a trade that took place back on Dec 17 ’24, which means that MARK A SHERMAN is holding shares at $963,303 based on the most recent closing price.
Stock Fundamentals for DLB
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.89 for the gross margin
The net margin for Dolby Laboratories Inc stands at 0.21. The total capital return value is set at 0.1. Equity return is now at value 10.84, with 8.55 for asset returns.
Based on Dolby Laboratories Inc (DLB), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 26.74.
Currently, EBITDA for the company is 258.33 million with net debt to EBITDA at -1.55. When we switch over and look at the enterprise to sales, we see a ratio of 5.37. The receivables turnover for the company is 2.48for trailing twelve months and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.86.
Conclusion
To wrap up, the performance of Dolby Laboratories Inc (DLB) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
