Dolby Laboratories Inc (DLB) Files 10-K for the Fiscal Year Ended on September 30, 2018

Dolby Laboratories Inc (DLB, Financial) files its latest 10-K with SEC for the fiscal year ended on September 30, 2018. Dolby Laboratories Inc is an audio and imaging technologies company that transforms entertainment and communications at the cinema, at home, at work and on mobile devices. It derives its revenue from licensing audio technologies. Dolby Laboratories Inc has a market cap of $7.06 billion; its shares were traded at around $68.08 with a P/E ratio of 61.34 and P/S ratio of 6.14. The dividend yield of Dolby Laboratories Inc stocks is 0.98%. Dolby Laboratories Inc had annual average EBITDA growth of 3.60% over the past five years.

For the last quarter Dolby Laboratories Inc reported a revenue of $265.3 million, compared with the revenue of $242.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.2 billion, an increase of 8.4% from last year. For the last five years Dolby Laboratories Inc had an average revenue growth rate of 4.9% a year.

The reported diluted earnings per share was $1.14 for the year, a decline of 41.5% from the previous year. Over the last five years Dolby Laboratories Inc had an average EPS decline of 6.7% a year. The Dolby Laboratories Inc enjoyed an operating margin of 25.56%, compared with the operating margin of 24.18% a year before. The 10-year historical median operating margin of Dolby Laboratories Inc is 28.19%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Dolby Laboratories Inc has the cash and cash equivalents of $918.1 million, compared with $627.0 million in the previous year. The company had no long term debt. The interest coverage to the debt is at a comfortable level of 1512.9. Dolby Laboratories Inc has a financial strength rank of 9 (out of 10).

At the current stock price of $68.08, Dolby Laboratories Inc is traded at 24.7% premium to its historical median P/S valuation band of $54.59. The P/S ratio of the stock is 6.14, while the historical median P/S ratio is 4.93. The stock gained 12.70% during the past 12 months.

CFO Recent Trades:

  • EVP & CFO Lewis Chew sold 35,000 shares of DLB stock on 11/02/2018 at the average price of $69.44. The price of the stock has decreased by 1.96% since.

Directors and Officers Recent Trades:

  • Director Peter C Gotcher sold 3,334 shares of DLB stock on 11/01/2018 at the average price of $70. The price of the stock has decreased by 2.74% since.

For the complete 20-year historical financial data of DLB, click here.