Head-To-Head Contrast: Dolby Laboratories (DLB) vs. Its Rivals
Dolby Laboratories (NYSE: DLB) is one of 25 publicly-traded companies in the “Entertainment Production” industry, but how does it compare to its competitors? We will compare Dolby Laboratories to similar companies based on the strength of its dividends, analyst recommendations, valuation, institutional ownership, earnings, risk and profitability.
Institutional and Insider Ownership
51.9% of Dolby Laboratories shares are owned by institutional investors. Comparatively, 46.5% of shares of all “Entertainment Production” companies are owned by institutional investors. 43.8% of Dolby Laboratories shares are owned by company insiders. Comparatively, 27.7% of shares of all “Entertainment Production” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Dolby Laboratories pays an annual dividend of $0.56 per share and has a dividend yield of 1.0%. Dolby Laboratories pays out 28.6% of its earnings in the form of a dividend. As a group, “Entertainment Production” companies pay a dividend yield of 1.4% and pay out 29.9% of their earnings in the form of a dividend. Dolby Laboratories has increased its dividend for 2 consecutive years.
Valuation and Earnings
This table compares Dolby Laboratories and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Dolby Laboratories||$1.07 billion||$340.22 million||29.74|
|Dolby Laboratories Competitors||$6.27 billion||$1.49 billion||42.86|
Dolby Laboratories’ competitors have higher revenue and earnings than Dolby Laboratories. Dolby Laboratories is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a summary of current ratings for Dolby Laboratories and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Dolby Laboratories Competitors||142||531||1239||31||2.60|
Dolby Laboratories presently has a consensus price target of $56.88, suggesting a potential downside of 2.43%. As a group, “Entertainment Production” companies have a potential upside of 21.47%. Given Dolby Laboratories’ competitors higher possible upside, analysts plainly believe Dolby Laboratories has less favorable growth aspects than its competitors.
This table compares Dolby Laboratories and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Dolby Laboratories Competitors||4.62%||11.46%||4.02%|
Risk & Volatility
Dolby Laboratories has a beta of 0.81, meaning that its share price is 19% less volatile than the S&P 500. Comparatively, Dolby Laboratories’ competitors have a beta of 0.91, meaning that their average share price is 9% less volatile than the S&P 500.
Dolby Laboratories competitors beat Dolby Laboratories on 9 of the 15 factors compared.
Dolby Laboratories Company Profile
Dolby Laboratories, Inc. designs and manufactures audio and imaging products for the cinema, television, broadcast and entertainment industries. Its products for cinema include Digital Cinema Servers and Cinema Audio Products, and broadcast and other include Dolby Conference Phone and Other Products. 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. Its technologies include Advanced Audio Coding and High Efficiency Advanced Audio Coding, Dolby AC-4, Dolby Atmos, Dolby Digital, Dolby Digital Plus, Dolby TrueHD, Dolby Vision, Dolby Voice and High Efficiency Video Coding. It distributes its products in over 80 countries. Its technologies are incorporated in offerings in various end markets, such as the broadcast, Personal Computer, mobile, consumer electronics and other markets.
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