EPS for Dolby Laboratories, Inc. (DLB) Expected At $0.65

July 17, 2017 - By Kurt Siggers

 EPS for Dolby Laboratories, Inc. (DLB) Expected At $0.65
Investors sentiment increased to 1.46 in 2016 Q4. Its up 0.33, from 1.13 in 2016Q3. It improved, as 28 investors sold Dolby Laboratories, Inc. shares while 68 reduced holdings. 54 funds opened positions while 86 raised stakes. 50.18 million shares or 2.59% less from 51.52 million shares in 2016Q3 were reported.
Metropolitan Life Insurance New York reported 0% in Dolby Laboratories, Inc. (NYSE:DLB). Capital Ww Invsts owns 4.15 million shares or 0.05% of their US portfolio. Nationwide Fund owns 16,735 shares or 0% of their US portfolio. Group One Trading L P holds 0% or 1,339 shares. Carroll reported 0% stake. Loomis Sayles & Ltd Partnership stated it has 0% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB). Gabelli Funds Llc has invested 0.03% in Dolby Laboratories, Inc. (NYSE:DLB). Boston Prtn invested 0.01% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB). 16,821 were accumulated by Barclays Public Ltd Limited Liability Company. Northwestern Mutual Wealth Management reported 862 shares. Peak6 Invests Lp invested in 1,376 shares or 0% of the stock. Royal Bancorporation Of Canada invested in 0% or 57,259 shares. Victory Capital Mgmt accumulated 16,392 shares. Gotham Asset Management Ltd Liability Corporation stated it has 17,201 shares. Alyeska Inv L P holds 0.15% or 367,226 shares in its portfolio.

Since January 30, 2017, it had 0 insider buys, and 13 selling transactions for $5.12 million activity. $103,500 worth of Dolby Laboratories, Inc. (NYSE:DLB) was sold by DONATIELLO NICHOLAS JR. The insider SHERMAN MARK ANDREW sold $315,000. YEAMAN KEVIN J sold 10,000 shares worth $478,768. CHEW LEWIS also sold $719,856 worth of Dolby Laboratories, Inc. (NYSE:DLB) shares. The insider JASPER N WILLIAM JR sold 7,575 shares worth $363,528. $181,776 worth of Dolby Laboratories, Inc. (NYSE:DLB) was sold by TEVANIAN AVADIS. 11,666 Dolby Laboratories, Inc. (NYSE:DLB) shares with value of $599,350 were sold by Borchers Bob.

Investors wait Dolby Laboratories, Inc. (NYSE:DLB) to report on July, 26. its quarterly earnings Wall Street analysts expect $0.65 earnings per share, $0.00 or 0.00 % from last year’s $0.65 same quarter earnings. This translates into $65.72M profit for DLB giving the stock a 20.96 P/E. This is assuming the current $0.65 EPS is accurate. Dolby Laboratories, Inc.’s Wall Street analysts see 38.30 % EPS growth, taking into account the $0.47 EPS reproted in the previous quarter, About 684,725 shares traded or 139.53% up from the average. Dolby Laboratories, Inc. (NYSE:DLB) has risen 14.35% since July 18, 2016 and is uptrending. It has underperformed by 2.35% the S&P500.

Dolby Laboratories, Inc. (NYSE:DLB) Ratings Coverage

Among 4 analysts covering Dolby Laboratories (NYSE:DLB), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Dolby Laboratories had 5 analyst reports since October 22, 2015 according to SRatingsIntel. As per Friday, July 14, the company rating was maintained by Piper Jaffray. The company was downgraded on Friday, April 8 by JP Morgan. The firm has “Buy” rating by Dougherty & Company given on Thursday, January 28. The stock of Dolby Laboratories, Inc. (NYSE:DLB) has “Buy” rating given on Thursday, April 28 by Dougherty & Company. As per Thursday, October 22, the company rating was maintained by B. Riley & Co.

Dolby Laboratories, Inc. designs and makes audio and imaging products for the cinema, television, broadcast and entertainment industries. The company has market cap of $5.51 billion. The Company’s products for cinema include Digital Cinema Servers and Cinema Audio Products, and broadcast and other include Dolby Conference Phone and Other Products. It has a 29.15 P/E ratio. It offers services to support theatrical and television production for cinema exhibition, broadcast and home entertainment, including equipment training and maintenance, mixing room alignment and equalization, as well as audio, color and light image calibration.

More notable recent Dolby Laboratories, Inc. (NYSE:DLB) news were published by: Seekingalpha.com which released: “Dolby Laboratories: An Impressive Q1, But Price And Dilution Remain Concerns” on January 26, 2017, also Businesswire.com with their article: “Dolby Laboratories Announces Conference Call and Webcast for Q3 Fiscal 2017 …” published on July 12, 2017, Law360.com published: “Ex-Dolby Labs IP Exec Launches Sex Bias Suit” on July 08, 2017. More interesting news about Dolby Laboratories, Inc. (NYSE:DLB) were released by: Zacks.com and their article: “Dolby, Netflix Tie Up to Deliver Better Streaming Experience” published on June 29, 2017 as well as Seekingalpha.com‘s news article titled: “Dolby Laboratories (DLB) Q2 2017 Results – Earnings Call Transcript” with publication date: April 27, 2017.

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