DLB RSI Chart
Last 7 days
1.4%
Last 30 days
7.5%
Last 90 days
7.4%
Trailing 12 Months
0.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.3B | 0 | 0 | 0 |
2023 | 1.3B | 1.3B | 1.3B | 1.3B |
2022 | 1.3B | 1.3B | 1.3B | 1.2B |
2021 | 1.2B | 1.3B | 1.3B | 1.2B |
2020 | 1.2B | 1.2B | 1.2B | 1.3B |
2019 | 1.1B | 1.2B | 1.2B | 1.2B |
2018 | 1.1B | 1.1B | 1.1B | 1.1B |
2017 | 1.0B | 1.1B | 1.1B | 1.1B |
2016 | 979.6M | 1.0B | 1.0B | 1.1B |
2015 | 956.5M | 964.8M | 970.6M | 977.2M |
2014 | 933.6M | 949.9M | 960.2M | 963.1M |
2013 | 922.0M | 918.8M | 909.7M | 904.3M |
2012 | 959.7M | 951.0M | 933.0M | 935.4M |
2011 | 950.8M | 939.5M | 955.5M | 947.0M |
2010 | 821.1M | 871.9M | 922.7M | 944.2M |
2009 | 0 | 679.9M | 719.5M | 770.3M |
2008 | 0 | 0 | 640.2M | 0 |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 01, 2024 | rollins emily | sold | -80,880 | 80.88 | -1,000 | - |
Feb 28, 2024 | pendleton todd | sold | -1,992,800 | 81.6888 | -24,395 | svp, chief marketing officer |
Feb 28, 2024 | pendleton todd | acquired | 844,997 | 70.2876 | 12,022 | svp, chief marketing officer |
Feb 09, 2024 | couling john d | sold | -2,711,900 | 80.8074 | -33,560 | svp, entertainment |
Feb 09, 2024 | couling john d | acquired | 1,850,870 | 55.1511 | 33,560 | svp, entertainment |
Feb 08, 2024 | couling john d | sold | -4,000,000 | 80.00 | -50,000 | svp, entertainment |
Feb 08, 2024 | couling john d | acquired | 2,149,000 | 42.98 | 50,000 | svp, entertainment |
Feb 06, 2024 | gotcher peter c | acquired | - | - | 2,952 | - |
Feb 06, 2024 | dolby david | acquired | - | - | 2,952 | - |
Feb 06, 2024 | prophet tony a | acquired | - | - | 2,952 | - |
Which funds bought or sold DLB recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 17, 2024 | New Covenant Trust Company, N.A. | new | - | 2,429 | 2,429 | -% |
May 16, 2024 | COMERICA BANK | reduced | -4.83 | -310,073 | 3,832,350 | 0.02% |
May 16, 2024 | Global Financial Private Client, LLC | unchanged | - | -97.00 | 3,092 | -% |
May 16, 2024 | 2Xideas AG | reduced | -9.8 | -1,451,610 | 10,331,600 | 1.26% |
May 16, 2024 | B. Riley Wealth Advisors, Inc. | added | 41.35 | 98,059 | 425,069 | 0.01% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -75.55 | -3,690,140 | 1,150,250 | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.88 | -461,691 | 4,961,530 | 0.01% |
May 16, 2024 | Redwood Investment Management, LLC | sold off | -100 | -429,000 | - | -% |
May 16, 2024 | Tidal Investments LLC | added | 53.86 | 291,250 | 878,998 | 0.01% |
May 15, 2024 | DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | unchanged | - | -171,110 | 5,947,670 | 0.01% |
Unveiling Dolby Laboratories Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Dolby Laboratories Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ADP | 103.1B | 18.9B | 27.86 | 5.45 | ||||
CTAS | 70.8B | 9.4B | 47.11 | 7.53 | ||||
CPRT | 52.8B | 4.1B | 38.95 | 13.01 | ||||
EFX | 31.1B | 5.4B | 55.8 | 5.81 | ||||
BAH | 20.0B | 10.3B | 48.81 | 1.94 | ||||
ALLE | 10.8B | 3.6B | 19.92 | 2.97 | ||||
MID-CAP | ||||||||
RHI | 7.4B | 6.2B | 20.94 | 1.2 | ||||
AL | 5.5B | 2.7B | 9.41 | 2.02 | ||||
SRCL | 4.3B | 2.6B | -221.4 | 1.64 | ||||
ABM | 3.0B | 8.2B | 11.62 | 0.37 | ||||
SMALL-CAP | ||||||||
AZZ | 2.0B | 2.7B | 19.95 | 0.75 | ||||
ALTG | 306.3M | 1.9B | 34.41 | 0.16 | ||||
ARC | 119.2M | 283.1M | 13.62 | 0.42 | ||||
AQMS | 49.8M | 212.0K | -1.99 | 213.63 | ||||
AWX | 9.4M | 81.0M | -8.5 | 0.12 |
Dolby Laboratories Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 15.5% | 365 | 316 | 291 | 298 | 376 | 335 | 278 | 290 | 334 | 352 | 285 | 287 | 320 | 390 | 271 | 247 | 352 | 292 | 299 | 302 | 338 |
Cost Of Revenue | 21.0% | 39.00 | 32.00 | 36.00 | 42.00 | 41.00 | 34.00 | 37.00 | 36.00 | 36.00 | 33.00 | 31.00 | 32.00 | 32.00 | 35.00 | 42.00 | 30.00 | 37.00 | 37.00 | 46.00 | 40.00 | 37.00 |
Gross Profit | 14.9% | 326 | 284 | 255 | 257 | 335 | 300 | 241 | 254 | 299 | 319 | 254 | 255 | 287 | 355 | 229 | 217 | 315 | 255 | 253 | 262 | 302 |
Operating Expenses | -0.2% | 217 | 217 | 259 | 241 | 226 | 206 | 214 | 208 | 256 | 228 | 214 | 199 | 204 | 190 | 199 | 183 | 209 | 206 | 202 | 228 | 199 |
S&GA Expenses | 14.0% | 90.00 | 79.00 | 91.00 | 86.00 | 96.00 | 82.00 | 90.00 | 87.00 | 84.00 | 97.00 | 98.00 | 81.00 | 78.00 | 75.00 | 81.00 | 71.00 | 88.00 | 95.00 | 82.00 | 83.00 | 93.00 |
R&D Expenses | -6.8% | 62.00 | 67.00 | 70.00 | 69.00 | 68.00 | 64.00 | 62.00 | 63.00 | 67.00 | 69.00 | 62.00 | 62.00 | 66.00 | 64.00 | 62.00 | 60.00 | 60.00 | 58.00 | 60.00 | 60.00 | 59.00 |
EBITDA Margin | 1.3% | 0.25* | 0.24* | 0.28* | 0.28* | 0.30* | 0.25* | 0.25* | 0.26* | 0.27* | 0.31* | 0.35* | 0.35* | 0.35* | 0.35* | - | - | - | - | - | - | - |
Interest Expenses | - | - | - | 28.00 | 0.00 | -0.03 | 0.00 | 6.00 | 0.00 | 0.00 | 0.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Income Taxes | 76.7% | 24.00 | 13.00 | -0.89 | 7.00 | 21.00 | 21.00 | 3.00 | 10.00 | 7.00 | 11.00 | -1.17 | 5.00 | 9.00 | 24.00 | 8.00 | -27.40 | 22.00 | 6.00 | 12.00 | 2.00 | 36.00 |
Earnings Before Taxes | 50.6% | 122 | 81.00 | 9.00 | 24.00 | 117 | 100 | 31.00 | 49.00 | 43.00 | 91.00 | 43.00 | 59.00 | 85.00 | 167 | 34.00 | 40.00 | 111 | 54.00 | 56.00 | 42.00 | 110 |
EBT Margin | 2.8% | 0.19* | 0.18* | 0.19* | 0.21* | 0.23* | 0.18* | 0.17* | 0.18* | 0.19* | 0.22* | 0.28* | 0.27* | 0.27* | 0.28* | - | - | - | - | - | - | - |
Net Income | 46.1% | 98.00 | 67.00 | 9.00 | 16.00 | 96.00 | 79.00 | 28.00 | 40.00 | 37.00 | 80.00 | 44.00 | 55.00 | 76.00 | 135 | 27.00 | 67.00 | 88.00 | 49.00 | 44.00 | 40.00 | 73.00 |
Net Income Margin | 2.0% | 0.15* | 0.15* | 0.15* | 0.17* | 0.19* | 0.15* | 0.15* | 0.16* | 0.17* | 0.21* | 0.24* | 0.23* | 0.25* | 0.25* | - | - | - | - | - | - | - |
Free Cashflow | 7367.2% | 172 | 2.00 | 77.00 | 114 | 97.00 | 49.00 | 41.00 | 161 | 51.00 | 17.00 | 98.00 | 159 | 70.00 | 67.00 | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 3.7% | 3,045 | 2,936 | 2,980 | 3,008 | 2,836 | 2,749 | 2,690 | 2,920 | 3,063 | 3,105 | 3,106 | 3,135 | 3,106 | 3,097 | 2,917 | 2,904 | 2,945 | 2,893 | 2,822 | 2,810 | 2,847 |
Current Assets | 6.9% | 1,552 | 1,451 | 1,488 | 1,469 | 1,463 | 1,349 | 1,311 | 1,505 | 1,622 | 1,695 | 1,760 | 1,773 | 1,751 | 1,725 | 1,547 | 1,503 | 1,460 | 1,401 | 1,382 | 1,339 | 1,396 |
Cash Equivalents | 25.5% | 824 | 657 | 745 | 765 | 688 | 631 | 628 | 867 | 909 | 1,064 | 1,233 | 1,227 | 1,113 | 1,119 | 1,080 | 863 | 734 | 753 | 806 | 724 | 735 |
Inventory | -4.7% | 36.00 | 38.00 | 36.00 | 32.00 | 30.00 | 26.00 | 24.00 | 24.00 | 17.00 | 13.00 | 11.00 | 12.00 | 15.00 | 20.00 | 26.00 | 29.00 | 28.00 | 29.00 | 32.00 | 39.00 | 35.00 |
Net PPE | 0.5% | 481 | 479 | 482 | 502 | 508 | 512 | 513 | 518 | 528 | 534 | 534 | 538 | 543 | 544 | 542 | 547 | 551 | 549 | 537 | 525 | 538 |
Goodwill | -0.4% | 409 | 410 | 408 | 426 | 370 | 369 | 365 | 368 | 372 | 340 | 341 | 338 | 338 | 339 | 337 | 336 | 333 | 335 | 335 | 336 | 327 |
Liabilities | 5.9% | 607 | 573 | 608 | 625 | 480 | 456 | 439 | 460 | 458 | 462 | 501 | 507 | 512 | 526 | 479 | 467 | 576 | 555 | 509 | 490 | 494 |
Current Liabilities | 12.4% | 443 | 394 | 422 | 423 | 314 | 290 | 278 | 285 | 281 | 283 | 316 | 309 | 309 | 316 | 267 | 258 | 307 | 293 | 307 | 278 | 265 |
Shareholder's Equity | 3.9% | 2,438 | 2,346 | 2,355 | 2,366 | 2,356 | 2,293 | 2,251 | 2,460 | 2,605 | 2,643 | 2,604 | 2,628 | 2,594 | 2,571 | 2,438 | 2,437 | 2,369 | 2,339 | 2,313 | 2,320 | 2,353 |
Retained Earnings | 3.5% | 2,450 | 2,367 | 2,392 | 2,397 | 2,378 | 2,319 | 2,298 | 2,485 | 2,615 | 2,649 | 2,608 | 2,626 | 2,592 | 2,566 | 2,443 | 2,448 | 2,396 | 2,351 | 2,328 | 2,329 | 2,362 |
Additional Paid-In Capital | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Accumulated Depreciation | - | 597 | - | 577 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding | 0.4% | 96.00 | 95.00 | 96.00 | 96.00 | 96.00 | 96.00 | 100 | 100 | 101 | 101 | 101 | 101 | 101 | 101 | 101 | 101 | 101 | 100 | 102 | 101 | 102 |
Minority Interest | 2.0% | 17.00 | 16.00 | 17.00 | 16.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 6.00 | 6.00 | 6.00 |
Float | - | - | - | - | - | 4,100 | - | - | - | 4,600 | - | - | - | 5,700 | - | - | - | 3,100 | - | - | - | 3,200 |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 2057.3% | 181 | 8.00 | 85.00 | 121 | 105 | 56.00 | 51.00 | 173 | 63.00 | 32.00 | 110 | 172 | 83.00 | 82.00 | 113 | 134 | 66.00 | 31.00 | 130 | 91.00 | 49.00 |
Share Based Compensation | -9.3% | 29.00 | 32.00 | 28.00 | 29.00 | 30.00 | 31.00 | 27.00 | 28.00 | 28.00 | 33.00 | 24.00 | 25.00 | 24.00 | 26.00 | 22.00 | 21.00 | 21.00 | 23.00 | 17.00 | 19.00 | 19.00 |
Cashflow From Investing | -2923.5% | -17.87 | 1.00 | -19.71 | 22.00 | 24.00 | 28.00 | -40.72 | -8.16 | -120 | -126 | -14.96 | -14.19 | -14.26 | -1.50 | 155 | 27.00 | -9.80 | -37.41 | 17.00 | -9.87 | -21.89 |
Cashflow From Financing | 64.7% | -44.16 | -125 | -42.80 | -36.83 | -67.10 | -90.09 | -242 | -197 | -97.42 | -72.84 | -86.86 | -44.88 | -74.43 | -46.34 | -53.86 | -37.43 | -68.21 | -48.28 | -62.70 | -91.13 | -93.02 |
Dividend Payments | 0.6% | 29.00 | 29.00 | 26.00 | 26.00 | 26.00 | 26.00 | 24.00 | 25.00 | 25.00 | 25.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 19.00 | 19.00 | 19.00 |
Buy Backs | -68.8% | 25.00 | 80.00 | 25.00 | 25.00 | 50.00 | 49.00 | 220 | 190 | 85.00 | 36.00 | 96.00 | 39.00 | 71.00 | 40.00 | 45.00 | 27.00 | 72.00 | 30.00 | 54.00 | 89.00 | 85.00 |
Interim Condensed Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Mar. 29, 2024 | Mar. 31, 2023 | Mar. 29, 2024 | Mar. 31, 2023 | |
Revenue: | ||||
Revenue | $ 364,523 | $ 375,891 | $ 680,097 | $ 710,812 |
Total revenue | 364,523 | 375,891 | 680,097 | 710,812 |
Cost of revenue: | ||||
Total cost of revenue | 38,777 | 41,049 | 70,837 | 75,499 |
Gross profit | 325,746 | 334,842 | 609,260 | 635,313 |
Operating expenses: | ||||
Research and development | 62,493 | 67,951 | 129,526 | 132,401 |
Sales and marketing | 90,038 | 95,695 | 169,041 | 177,900 |
General and administrative | 66,742 | 61,939 | 131,908 | 121,911 |
Restructuring charges | (2,495) | 33 | 3,596 | (211) |
Total operating expenses | 216,778 | 225,618 | 434,071 | 432,001 |
Operating income | 108,968 | 109,224 | 175,189 | 203,312 |
Other income/(expense): | ||||
Interest income/(expense), net | 8,597 | 6,807 | 17,784 | 11,604 |
Other income, net | 4,183 | 1,250 | 9,608 | 2,347 |
Total other income | 12,780 | 8,057 | 27,392 | 13,951 |
Income before income taxes | 121,748 | 117,281 | 202,581 | 217,263 |
Provision for income taxes | (23,534) | (21,398) | (36,786) | (41,932) |
Net income including noncontrolling interest | 98,214 | 95,883 | 165,795 | 175,331 |
Less: net income attributable to noncontrolling interest | (384) | (187) | (984) | (260) |
Net income attributable to Dolby Laboratories, Inc. | $ 97,830 | $ 95,696 | $ 164,811 | $ 175,071 |
Net income per share: | ||||
Basic (in usd per share) | $ 1.02 | $ 1.00 | $ 1.72 | $ 1.83 |
Diluted (in usd per share) | $ 1.01 | $ 0.98 | $ 1.69 | $ 1.80 |
Weighted-average shares outstanding: | ||||
Basic (in shares) | 95,718 | 95,820 | 95,547 | 95,862 |
Diluted (in shares) | 96,856 | 97,298 | 97,397 | 97,392 |
Cash dividend declared per common share (in dollars per share) | $ 0.30 | $ 0.27 | $ 0.60 | $ 0.54 |
Cash dividend paid per common share (in dollars per share) | $ 0.30 | $ 0.27 | $ 0.60 | $ 0.54 |
Licensing | ||||
Revenue: | ||||
Revenue | $ 338,240 | $ 351,608 | $ 632,007 | $ 659,619 |
Cost of revenue: | ||||
Cost of revenue | 15,318 | 21,365 | 31,054 | 34,724 |
Products and services | ||||
Revenue: | ||||
Revenue | 26,283 | 24,283 | 48,090 | 51,193 |
Cost of revenue: | ||||
Cost of revenue | $ 23,459 | $ 19,684 | $ 39,783 | $ 40,775 |
Interim Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 29, 2024 | Sep. 29, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 709,535 | $ 745,364 |
Restricted cash | 114,821 | 72,602 |
Short-term investments | 115,863 | 139,148 |
Accounts receivable, net of allowance for credit losses of $6,213 and $9,683 | 282,131 | 262,245 |
Contract assets, net of allowance for credit losses of $105 and $138 | 243,170 | 182,130 |
Inventories, net | 35,797 | 35,623 |
Prepaid expenses and other current assets | 50,421 | 50,692 |
Total current assets | 1,551,738 | 1,487,804 |
Long-term investments | 127,973 | 97,812 |
Property, plant, and equipment, net | 481,492 | 481,581 |
Operating lease right-of-use assets | 43,057 | 40,199 |
Intangible assets, net | 152,149 | 167,427 |
Goodwill | 408,652 | 408,409 |
Other non-current assets | 71,173 | 94,674 |
Deferred taxes | 208,494 | 201,860 |
Total assets | 3,044,728 | 2,979,766 |
Current liabilities: | ||
Accounts payable | 19,727 | 20,925 |
Accrued liabilities | 362,883 | 351,399 |
Income taxes payable | 8,384 | 4,769 |
Contract liabilities | 37,702 | 31,505 |
Operating lease liabilities | 14,206 | 13,628 |
Total current liabilities | 442,902 | 422,226 |
Non-current contract liabilities | 36,453 | 39,997 |
Non-current operating lease liabilities | 37,711 | 37,020 |
Other non-current liabilities | 89,975 | 108,339 |
Total liabilities | 607,041 | 607,582 |
Stockholders’ equity: | ||
Retained earnings | 2,449,876 | 2,391,990 |
Accumulated other comprehensive loss | (29,068) | (36,984) |
Total stockholders’ equity – Dolby Laboratories, Inc. | 2,420,902 | 2,355,100 |
Noncontrolling interest | 16,785 | 17,084 |
Total stockholders’ equity | 2,437,687 | 2,372,184 |
Total liabilities and stockholders’ equity | 3,044,728 | 2,979,766 |
Class A, $0.001 par value, one vote per share, 500,000,000 shares authorized: 59,737,770 shares issued and outstanding at March 29, 2024 and 59,673,633 at September 29, 2023 | ||
Stockholders’ equity: | ||
Common stock | 53 | 53 |
Class B, $0.001 par value, ten votes per share, 500,000,000 shares authorized: 36,085,779 shares issued and outstanding at March 29, 2024 and 36,085,779 at September 29, 2023 | ||
Stockholders’ equity: | ||
Common stock | $ 41 | $ 41 |