How to Buy Dolby Laboratories Stock
Dolby Laboratories Inc
Dolby Laboratories is a specialty business service company located in California, United States, which is part of the Industrials sector, and is traded under the ticker DLB on the NYSE exchange.
Dolby Laboratories stock last closed at $78.29, up 0.4% from the previous day, and has decreased 8.75% in one year. It has underperformed other stocks in the Specialty Business Services industry by 0.26 percentage points. Dolby Laboratories stock is currently +3.19% from its 52-week low of $75.87, and -13.98% from its 52-week high of $91.02.
At the moment, there are 95.58M shares of DLB outstanding. The market capitalization of DLB is $7.48B. In the past 24 hours, 233,305 DLB shares were traded.
How to Buy Dolby Laboratories Stock
Not sure how to invest in Dolby Laboratories stock? Here's how.
- Choose where to buy Dolby Laboratories stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Dolby Laboratories stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your method of payment and add your info.
- Evaluate Dolby Laboratories stock: The Dolby Laboratories ticker symbol is DLB. Is Dolby Laboratories stock a good investment? Should you buy shares of DLB? How do DLB's underlying business fundamentals look? Do top analysts think Dolby Laboratories is a good buy? Why has DLB's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if DLB is a good stock to buy).
- Make your DLB purchase: Decide if you will purchase DLB shares at the current market price or use a limit order to buy DLB stock at a specific price.
- Get notifications regarding your DLB investment: Create a watchlist to important notifications about your new investment in Dolby Laboratories shares.
Step 1: Choose where to buy Dolby Laboratories stock
You need an online brokerage account in order to access the NYSE market and buy DLB shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal information so you can invest in DLB stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on apps for stocks, you need to deposit funds:
Check out the tutorial below to see the process of depositing money into your brokerage account.
Step 4: Evaluate Dolby Laboratories stock
Once you have decided on the best place to buy Dolby Laboratories stock, it's important to research their stock before you invest, so you actually comprehend the risk as well as the upside.
Dolby Laboratories Numbers
DLB Due Diligence Checks
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on DLB's stock page.
Is DLB stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge DLB's fair value.
Using relative valuations methods:
- DLB may be overvalued based on its P/E ratio of 39.74x, relative to Specialty Business Services industry P/E ratio of 34.5x
- DLB could be undervalued based on its P/B ratio of 3.19x, relative to Specialty Business Services industry P/B ratio of 4.69x
- DLB may be overvalued based on its PEG ratio of 52.05x
You can access more valuation research on DLB's stock here.
DLB Financial Health Overview
Passed Financial Due Diligence Checks:
- DLB's operating cash flow of $319.10M allows it to safely service it's debt of $47.24M.
- There are more short-term assets than long-term liabilities on the DLB balance sheet.
- There are more short-term assets than short-term liabilities on the DLB balance sheet.
- DLB earnings of $192.04M is not sufficient to cover its interest payments.
- DLB has a low debt to equity ratio of 0.24.
Failed Financial Due Diligence Checks:
- Total DLB debt is higher than 5 years ago, relative to shareholder equity.
- DLB profit margin has gone down from 14.8% to 14.7% in the past year.
Is it a good time to buy DLB stock, according to analysts?
Out of 1 Wall Street analysts who research DLB, the consensus analyst rating on Dolby Laboratories is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Dolby Laboratories stock forecast page.
DLB Technical Indicators
How are DLB Revenues/Earnings doing?
Last year, DLB earnings were $188.26M. In the last 5 year, DLB's earnings have increased by 1.05% per year. This was slower than the Specialty Business Services industry average of 11.42%.
Last year, DLB revenue was $1.28B. During the last five year, DLB's revenue has increased by 3.9% per year. This was slower than the Specialty Business Services industry average of 10.66%.
Find out more about DLB's earnings and revenue performance here.
Who is buying/selling DLB?
In the last year, executives and large shareholders at DLB have sold more shares than they have bought.
Emily Rollins, Director of DLB, was the latest DLB insider to sell. They sold $80,880.00 worth of DLB stock on Mar 1, 2024.
Research more about who owns DLB shares here.
Does DLB provide a stable income stream?
Dolby Laboratories pays a dividend of 1.46%, compared to the Specialty Business Services industry's average dividend yield of 2.05%. If you owned $1,000 of DLB stock, you would have received $14.56 in the past 12 months.
Dolby Laboratories dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Dolby Laboratories dividend yield and history here.
What do other traders have to say about DLB?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your DLB purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.
Click the Open button and your broker will place the order.
If you require more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your DLB investment
Now that you own some shares in DLB, you'll want to stay up-to-date on your new investment.
Start a watchlist to get notified of important updates regarding your DLB stock.
DLB Feed
How to Buy Stock in Dolby Laboratories
To reiterate, here are the 6 steps for buying Dolby Laboratories stock:
- Choose where to buy Dolby Laboratories stock
- Sign up for your brokerage account
- Fund your brokerage account
- Evaluate Dolby Laboratories stock
- Make your DLB purchase
- Get notifications regarding your DLB investment
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your investment in Dolby Laboratories, click the button below.
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