Dolby Laboratories Stock Buy Hold or Sell Recommendation
| DLB Stock | USD 78.32 0.12 0.15% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Dolby Laboratories is 'Hold'. Macroaxis provides Dolby Laboratories buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DLB positions.
Check out Dolby Laboratories Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide. In addition, we conduct extensive research on individual companies such as Dolby and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Dolby Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Dolby |
Execute Dolby Laboratories Buy or Sell Advice
The Dolby recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Dolby Laboratories. Macroaxis does not own or have any residual interests in Dolby Laboratories or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Dolby Laboratories' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Dolby Laboratories Trading Alerts and Improvement Suggestions
| Dolby Laboratories has a strong financial position based on the latest SEC filings | |
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Acquisition by Avadis Tevanian of 2952 shares of Dolby Laboratories subject to Rule 16b-3 |
Dolby Laboratories Returns Distribution Density
The distribution of Dolby Laboratories' historical returns is an attempt to chart the uncertainty of Dolby Laboratories' future price movements. The chart of the probability distribution of Dolby Laboratories daily returns describes the distribution of returns around its average expected value. We use Dolby Laboratories price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Dolby Laboratories returns is essential to provide solid investment advice for Dolby Laboratories.
| Mean Return | 0.19 | Value At Risk | -2.04 | Potential Upside | 1.99 | Standard Deviation | 2.21 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Dolby Laboratories historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Dolby Stock Institutional Investors
| Shares | Mackenzie Investments | 2024-09-30 | 985.8 K | Wells Fargo & Co | 2024-06-30 | 977.6 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 870.5 K | Schroder Investment Management Group | 2024-06-30 | 763.1 K | Charles Schwab Investment Management Inc | 2024-09-30 | 717.6 K | First Trust Advisors L.p. | 2024-06-30 | 697.6 K | Norges Bank | 2024-06-30 | 633.9 K | Aqr Capital Management Llc | 2024-06-30 | 627.2 K | Jpmorgan Chase & Co | 2024-06-30 | 616.7 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 11.7 M | Vanguard Group Inc | 2024-09-30 | 7 M |
Dolby Laboratories Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (11.8M) | 17.2M | (11.8M) | (2.4M) | (2.7M) | (2.8M) | |
| Change In Cash | 274.4M | 153.1M | (604.7M) | 170.8M | (240.2M) | (228.2M) | |
| Free Cash Flow | 274.9M | 393.3M | 259.1M | 259.9M | 297.2M | 237.1M | |
| Depreciation | 90.9M | 112.8M | 103.6M | 71.3M | 87.3M | 57.8M | |
| Other Non Cash Items | 21.0M | (20.8M) | 1.9M | (6.9M) | (18.8M) | (17.8M) | |
| Capital Expenditures | 69.0M | 54.5M | 59.5M | 22.2M | 30.0M | 28.5M | |
| Net Income | 231.6M | 317.8M | 183.9M | 191.7M | 261.8M | 210.3M | |
| End Period Cash Flow | 1.1B | 1.2B | 628.4M | 799.2M | 577.8M | 623.6M | |
| Change To Netincome | 100.0M | 40.4M | 87.1M | 112.9M | 129.8M | 136.3M | |
| Investments | 203.4M | (2.3M) | (198.3M) | 54.2M | (286.3M) | (272.0M) | |
| Dividends Paid | 88.6M | 89.2M | 100.1M | 77.6M | (114.6M) | (108.9M) |
Dolby Laboratories Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Dolby Laboratories or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Dolby Laboratories' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Dolby stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.72 | |
σ | Overall volatility | 2.24 | |
Ir | Information ratio | 0.02 |
Dolby Laboratories Volatility Alert
Dolby Laboratories has relatively low volatility with skewness of 5.33 and kurtosis of 37.31. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dolby Laboratories' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dolby Laboratories' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Dolby Laboratories Fundamentals Vs Peers
Comparing Dolby Laboratories' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Dolby Laboratories' direct or indirect competition across all of the common fundamentals between Dolby Laboratories and the related equities. This way, we can detect undervalued stocks with similar characteristics as Dolby Laboratories or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Dolby Laboratories' fundamental indicators could also be used in its relative valuation, which is a method of valuing Dolby Laboratories by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Dolby Laboratories to competition |
| Fundamentals | Dolby Laboratories | Peer Average |
| Return On Equity | 0.0892 | -0.31 |
| Return On Asset | 0.0516 | -0.14 |
| Profit Margin | 0.17 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 7.03 B | 16.62 B |
| Shares Outstanding | 59.77 M | 571.82 M |
| Shares Owned By Insiders | 1.47 % | 10.09 % |
| Shares Owned By Institutions | 93.97 % | 39.21 % |
| Number Of Shares Shorted | 887.73 K | 4.71 M |
| Price To Earning | 23.36 X | 28.72 X |
| Price To Book | 3.01 X | 9.51 X |
| Price To Sales | 5.93 X | 11.42 X |
| Revenue | 1.27 B | 9.43 B |
| Gross Profit | 1.15 B | 27.38 B |
| EBITDA | 258.33 M | 3.9 B |
| Net Income | 261.82 M | 570.98 M |
| Cash And Equivalents | 620.13 M | 2.7 B |
| Cash Per Share | 10.40 X | 5.01 X |
| Total Debt | 46.99 M | 5.32 B |
| Debt To Equity | 0.02 % | 48.70 % |
| Current Ratio | 5.27 X | 2.16 X |
| Book Value Per Share | 25.45 X | 1.93 K |
| Cash Flow From Operations | 327.25 M | 971.22 M |
| Short Ratio | 3.21 X | 4.00 X |
| Earnings Per Share | 2.69 X | 3.12 X |
| Price To Earnings To Growth | 2.08 X | 4.89 X |
| Target Price | 100.0 | |
| Number Of Employees | 2.25 K | 18.84 K |
| Beta | 0.98 | -0.15 |
| Market Capitalization | 7.47 B | 19.03 B |
| Total Asset | 3.11 B | 29.47 B |
| Retained Earnings | 2.5 B | 9.33 B |
| Working Capital | 776.58 M | 1.48 B |
Note: Acquisition by Avadis Tevanian of 2952 shares of Dolby Laboratories subject to Rule 16b-3 [view details]
Dolby Laboratories Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Dolby . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Dolby Laboratories Buy or Sell Advice
When is the right time to buy or sell Dolby Laboratories? Buying financial instruments such as Dolby Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Dolby Laboratories Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dolby Laboratories. If investors know Dolby will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dolby Laboratories listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.353 | Earnings Share 2.69 | Revenue Per Share 13.172 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0516 |
The market value of Dolby Laboratories is measured differently than its book value, which is the value of Dolby that is recorded on the company's balance sheet. Investors also form their own opinion of Dolby Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Dolby Laboratories' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dolby Laboratories' market value can be influenced by many factors that don't directly affect Dolby Laboratories' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dolby Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dolby Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dolby Laboratories' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.