NYSE:DLBSoftware
Dolby Laboratories (DLB): Rethinking Valuation After a Flat Month and Double-Digit Year-to-Date Decline
Dolby Laboratories (DLB) has been quietly navigating a mixed stretch, with the stock roughly flat over the month but still down double digits this year, even as revenue and earnings continue to grow.
See our latest analysis for Dolby Laboratories.
At a share price of about $66.80, Dolby’s year to date share price return of negative 14.1 percent contrasts with a modestly positive three year total shareholder return of 2.7 percent. This suggests longer term momentum has softened even as...