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Dolby Laboratories, Inc is currently in a long term uptrend where the price is trading 6.1% above its 200 day moving average.
From a valuation standpoint, the stock is 54.9% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 8.4.
Dolby Laboratories, Inc's total revenue rose by 33.6% to $390M since the same quarter in the previous year.
Its net income has increased by 292.3% to $191M since the same quarter in the previous year.
Finally, its free cash flow grew by 757.1% to $67M since the same quarter in the previous year.
Based on the above factors, Dolby Laboratories, Inc gets an overall score of 5/5.
ISIN | US25659T1079 |
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Industry | Specialty Business Services |
Sector | Industrials |
CurrencyCode | USD |
Exchange | NYSE |
Dividend Yield | 1.3% |
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Beta | 1.0 |
Market Cap | 8B |
Target Price | 90 |
PE Ratio | 46.19 |
Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, and home entertainment devices. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices. Its audio technologies also include DD, a digital audio coding technology that provides multichannel sound to applications; DD+, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; Dolby Voice, an audio communications technology that emulates the in-person meeting experience; and HEVC, a digital video codec with high bandwidth efficiency for media devices. In addition, the company offers digital cinema servers, cinema processors, amplifiers, loudspeakers, and audio and imaging hardware and software products for the cinema, television, broadcast, communication, and entertainment industries. Further, it provides 3-D glasses and kits; and various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.
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