The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 7.29, which is higher than the Software & IT Services industry's average of 7.26. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 315.55M, representing a year-over-year increase of 9.25%, while its net profit experienced a year-over-year increase of 19.84%.
Key Metrics
The company’s current valuation score is 7.16, which is lower than the Software & IT Services industry's average of 7.30. Its current P/E ratio is 24.07, which is 91.16% below the recent high of 46.01 and 2.14% above the recent low of 23.55.
The company’s current earnings forecast score is 7.67, which is higher than the Software & IT Services industry's average of 7.59. The average price target for Dolby Laboratories Inc is 97.50, with a high of 114.00 and a low of 74.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 6.86, which is lower than the Software & IT Services industry's average of 6.87. Sideways: Currently, the stock price is trading between the resistance level at 71.39 and the support level at 62.93, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The company’s current institutional recognition score is 10.00, which is higher than the Software & IT Services industry's average of 5.79. The latest institutional shareholding proportion is 98.55%, representing a quarter-over-quarter increase of 1.26%. The largest institutional shareholder is The Vanguard, holding a total of 7.54M shares, representing 12.32% of shares outstanding, with 6.07% increase in holdings.
The company’s current risk assessment score is 8.41, which is higher than the Software & IT Services industry's average of 4.86. The company's beta value is 0.97. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
