We're taking a closer look at Dolby Laboratories today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved 11.0% compared to 0.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
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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.
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Dolby Laboratories has moved 10.0% over the last year compared to 5.0% for the S&P 500 -- a difference of 5.0%
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DLB has an average analyst rating of buy and is -12.96% away from its mean target price of $98.0 per share
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Its trailing 12 month earnings per share (EPS) is $2.48
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Dolby Laboratories has a trailing 12 month Price to Earnings (P/E) ratio of 34.4 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $3.77 and its forward P/E ratio is 22.6
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DLB has a Price to Earnings Growth (PEG) ratio of 1.39, which shows the company is fairly valued compared to its earnings.
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The company has a Price to Book (P/B) ratio of 3.45 in contrast to the S&P 500's average ratio of 2.95
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Dolby Laboratories is part of the Industrials sector, which has an average P/E ratio of 20.49 and an average P/B of 3.78
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Dolby Laboratories has on average reported free cash flows of $285.35 Million over the last four years, during which time they have grown by an an average of 4.9%