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How to buy Dolby Laboratories (DLB) stocks in Canada

Learn how to easily invest in Dolby Laboratories stocks.

Dolby Laboratories is an information technology services business based in the US. Dolby Laboratories stocks (DLB.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $98.36 – an increase of 0.39% over the previous week. Dolby Laboratories employs 2,368 staff and has a trailing 12-month revenue of around $1.3 billion.

How to buy stocks in Dolby Laboratories

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  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – DLB – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Dolby Laboratories stock price (NYSE:DLB)

Use our graph to track the performance of DLB stocks over time.

Dolby Laboratories shares at a glance

Information last updated 2022-05-20.
Latest market close$75.53
52-week range$68.95 - $103.26
50-day moving average $75.92
200-day moving average $85.79
Wall St. target price$90.00
PE ratio 36.295
Dividend yield $0.97 (1.33%)
Earnings per share (TTM) $2.08

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Is it a good time to buy Dolby Laboratories stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Dolby Laboratories price performance over time

Historical closes compared with the close of $75.53 from 2022-05-19

1 week (2022-05-13) 0.39%
1 month (2022-04-20) -3.07%
3 months (2022-02-18) 0.31%
6 months (2021-11-19) -15.67%
1 year (2021-05-21) -21.18%
2 years (2020-05-20) 29.53%
3 years (2019-05-20) 22.34%
5 years (2017-05-19) 49.30%

Is Dolby Laboratories under- or over-valued?

Valuing Dolby Laboratories stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Dolby Laboratories's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Dolby Laboratories's P/E ratio

Dolby Laboratories's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 36x. In other words, Dolby Laboratories shares trade at around 36x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Dolby Laboratories's PEG ratio

Dolby Laboratories's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.3587. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Dolby Laboratories's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Dolby Laboratories's EBITDA

Dolby Laboratories's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $329.2 million.

The EBITDA is a measure of a Dolby Laboratories's overall financial performance and is widely used to measure a its profitability.

Dolby Laboratories financials

Revenue TTM $1.3 billion
Operating margin TTM 18.68%
Gross profit TTM $1.2 billion
Return on assets TTM 4.76%
Return on equity TTM 8.28%
Profit margin 17.14%
Book value $25.77
Market capitalisation $7.6 billion

TTM: trailing 12 months

Dolby Laboratories share dividends

30%

Dividend payout ratio: 30.12% of net profits

Recently Dolby Laboratories has paid out, on average, around 30.12% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.33% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Dolby Laboratories shareholders could enjoy a 1.33% return on their shares, in the form of dividend payments. In Dolby Laboratories's case, that would currently equate to about $0.97 per share.

While Dolby Laboratories's payout ratio might seem fairly standard, it's worth remembering that Dolby Laboratories may be investing much of the rest of its net profits in future growth.

Dolby Laboratories's most recent dividend payout was on 25 May 2022. The latest dividend was paid out to all shareholders who bought their shares by 16 May 2022 (the "ex-dividend date").

Dolby Laboratories share price volatility

Over the last 12 months, Dolby Laboratories's shares have ranged in value from as little as $68.9502 up to $103.2602. A popular way to gauge a stock's volatility is its "beta".

DLB.US volatility(beta: 0.99)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Dolby Laboratories's is 0.9942. This would suggest that Dolby Laboratories's shares are less volatile than average (for this exchange).

Dolby Laboratories overview

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, an digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and a range of media devices. Its audio technologies also include Dolby Digital, a digital audio coding technology that provides multichannel sound to applications; Dolby Digital Plus, 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 conferencing technology; and HEVC, a digital video codec with high bandwidth efficiency to support for media devices. In addition, the company designs and manufactures digital cinema servers, cinema processors, amplifiers, loudspeakers, hardware components, video conferencing solutions, and other products for the cinema, television, broadcast, communication, and entertainment industries. Further, it offers various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment.

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