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

July 17, 2017 - By Adrian Mccoy

 EPS for Dolby Laboratories, Inc. (DLB) Expected At $0.65
Investors sentiment increased to 1.46 in Q4 2016. 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.
Ahl Prtn Llp stated it has 0.26% in Dolby Laboratories, Inc. (NYSE:DLB). Acadian Asset Mgmt Limited Liability Co reported 107 shares. Ftb Advsrs Inc has invested 0.01% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB). Kbc Group Inc Nv invested in 857 shares. Concannon Wealth Mngmt Limited Liability Company holds 0.01% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB) for 103 shares. Riverhead Mgmt has invested 0.05% in Dolby Laboratories, Inc. (NYSE:DLB). Jacobs Levy Equity has invested 0.01% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB). Gabelli Funds Limited Liability owns 106,500 shares. American Grp Inc accumulated 27,930 shares or 0% of the stock. Janney Montgomery Scott Ltd Co holds 17,430 shares or 0.01% of its portfolio. Nationwide Fund Advsr holds 0% or 16,735 shares. Loomis Sayles & L P, Massachusetts-based fund reported 13,324 shares. Envestnet Asset Management Incorporated has invested 0% in Dolby Laboratories, Inc. (NYSE:DLB). Guggenheim Limited Com accumulated 6,208 shares or 0% of the stock. Metropolitan Life Insurance Company New York invested in 1,452 shares or 0% of the stock.

Since January 30, 2017, it had 0 insider buys, and 13 insider sales for $5.12 million activity. YEAMAN KEVIN J had sold 10,000 shares worth $525,057 on Wednesday, March 29. 6,000 shares valued at $315,000 were sold by SHERMAN MARK ANDREW on Wednesday, March 29. $103,500 worth of stock was sold by DONATIELLO NICHOLAS JR on Monday, May 8. TEVANIAN AVADIS also sold $181,776 worth of Dolby Laboratories, Inc. (NYSE:DLB) shares. CHEW LEWIS sold $719,856 worth of stock. Shares for $363,528 were sold by JASPER N WILLIAM JR.

Analysts await Dolby Laboratories, Inc. (NYSE:DLB) to report earnings on July, 26. They expect $0.65 EPS, 0.00 % or $0.00 from last year’s $0.65 per share. DLB’s profit will be $65.72M for 20.96 P/E if the $0.65 EPS becomes a reality. After $0.47 actual EPS reported by Dolby Laboratories, Inc. for the previous quarter, Wall Street now forecasts 38.30 % EPS growth. 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. B. Riley & Co maintained the stock with “Neutral” rating in Thursday, October 22 report. The stock of Dolby Laboratories, Inc. (NYSE:DLB) has “Buy” rating given on Thursday, April 28 by Dougherty & Company. The firm earned “Hold” rating on Friday, July 14 by Piper Jaffray. The stock of Dolby Laboratories, Inc. (NYSE:DLB) earned “Neutral” rating by JP Morgan on Friday, April 8. As per Thursday, January 28, the company rating was upgraded by Dougherty & Company.

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 Atmos for Music Debuts in the US” published on July 10, 2017, Zacks.com published: “Dolby, Netflix Tie Up to Deliver Better Streaming Experience” on June 29, 2017. More interesting news about Dolby Laboratories, Inc. (NYSE:DLB) were released by: Businesswire.com and their article: “Dolby Laboratories Announces Conference Call and Webcast for Q3 Fiscal 2017 …” published on July 12, 2017 as well as Law360.com‘s news article titled: “Ex-Dolby Labs IP Exec Launches Sex Bias Suit” with publication date: July 08, 2017.

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