Deep Dive Into Dolby Laboratories Stock: Analyst Perspectives (4 Ratings)

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Across the recent three months, 4 analysts have shared their insights on Dolby Laboratories DLB, expressing a variety of opinions spanning from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 2 0 0 0
Last 30D 0 1 0 0 0
1M Ago 1 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 1 1 0 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $100.0, along with a high estimate of $100.00 and a low estimate of $100.00. Observing a 0.5% increase, the current average has risen from the previous average price target of $99.50.

price target chart

Interpreting Analyst Ratings: A Closer Look

A comprehensive examination of how financial experts perceive Dolby Laboratories is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
James Goss Barrington Research Maintains Outperform $100.00 $100.00
Steven Frankel Rosenblatt Maintains Buy $100.00 $100.00
James Goss Barrington Research Maintains Outperform $100.00 $100.00
Steven Frankel Rosenblatt Raises Buy $100.00 $98.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Dolby Laboratories. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Dolby Laboratories compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Dolby Laboratories's stock. This comparison reveals trends in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Dolby Laboratories's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Dolby Laboratories analyst ratings.

All You Need to Know About Dolby Laboratories

Dolby Laboratories Inc develops audio and surround sound for cinema, broadcast, home audio systems, in-car entertainment systems, DVD players, games, televisions, and personal computers. The company designs and manufactures audio, imaging, accessibility, and other hardware and software solutions for the cinema, with occasional applications in the television, broadcast, and live entertainment industries. The company operates in the United States and internationally.

Unraveling the Financial Story of Dolby Laboratories

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Over the 3 months period, Dolby Laboratories showcased positive performance, achieving a revenue growth rate of 4.9% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Dolby Laboratories's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 19.22%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Dolby Laboratories's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.39%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Dolby Laboratories's ROA excels beyond industry benchmarks, reaching 1.93%. This signifies efficient management of assets and strong financial health.

Debt Management: Dolby Laboratories's debt-to-equity ratio is below the industry average at 0.02, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Basics of Analyst Ratings

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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