Dolby Laboratories (DLB) Earns News Sentiment Score of 0.20

James Marshall
April 16, 2018

The Manufacturers Life Insurance Company now owns 3,564 shares of the electronics maker's stock valued at $174,000 after acquiring an additional 725 shares in the last quarter. On Friday, December 1 the stock of AO World plc (LON:AO) has "Buy" rating given by Peel Hunt. Dolby Laboratories Inc now has $6.99 billion valuation.

The stock increased 1.35% or GBX 1.8 during the last trading session, reaching GBX 135.AO World plc has volume of 334,963 shares. The company reported $0.66 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.29.

Dolby Laboratories (NYSE:DLB) last posted its quarterly earnings data on Wednesday, January 24th. It has outperformed by 12.63% the S&P500.

SJM HOLDINGS LTD ORDINARY SHARES HONG K (OTCMKTS:SJMHF) had a decrease of 16.14% in short interest. KRNNF's SI was 231,400 shares in April as released by FINRA. Its down 16.14% from 13.39M shares previously. ORDINARY's float is 0.12%. It closed at $130.55 lastly. It is down 0.00% since April 16, 2017 and is. AO underperformed by 11.55% the S&P500. The company has a market cap of $6,893.66, a price-to-earnings ratio of 103.24, a PEG ratio of 5.48 and a beta of 0.75. It is also involved in trademarks management. The firm offers TVs, home cinema and sound bars, Blu-ray and DVD players, TV accessories, audio products, and set top and smart TV boxes; and computing products, including laptops, desktop PCÂ's, tablets, computing accessories, software, storage products, and monitors and projectors, as well as scanners, printers, and it has negative earnings. JASPER N WILLIAM JR sold $480,000 worth of Dolby Laboratories, Inc. (NYSE:DLB) for 36,327 shares. The Florida-based Timucuan Asset Mngmt Fl has invested 6% in Dolby Laboratories, Inc. (NYSE:DLB). Polar Asset Management Prtnrs reported 236,017 shs. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. Jackson Grant Investment Advisers Inc. bought a new stake in Dolby Laboratories during the second quarter worth about $165,000. (NYSE:DLB) on Tuesday, February 27. YEAMAN KEVIN J sold $6.23M worth of stock. (NYSE:DLB) or 2,617 shares. On Tuesday, February 27 the insider Baker Giles sold $2.30M. (NYSE:DLB) was sold by DONATIELLO NICHOLAS JR.

Among 7 analysts covering Dolby Laboratories (NYSE:DLB), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 41% are positive. Zacks Investment Research raised Dolby Laboratories from a "hold" rating to a "buy" rating and set a $73.00 price target on the stock in a research report on Wednesday, March 28th. Savings Bank Of New York Mellon Corp stated it has 0.01% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB) earned "Buy" rating by Dougherty & Company on Thursday, January 28. As per Thursday, April 28, the company rating was maintained by Dougherty & Company. The firm has "Hold" rating given on Wednesday, July 26 by Piper Jaffray. On Tuesday, November 21 the rating was maintained by Shore Capital with "Sell". As per Friday, August 18, the company rating was maintained by B. Riley & Co. The stock has "Neutral" rating by JP Morgan on Friday, April 8. On Thursday, October 22 the stock rating was maintained by B. Riley & Co with "Neutral". Piper Jaffray has "Hold" rating and $59.0 target.

Investors sentiment increased to 1.36 in 2017 Q4. Its up 0.32, from 1.04 in 2017Q3. 23 investors sold all, 68 reduced holdings as Dolby Laboratories, Inc. ratio is positive. 50 funds opened positions while 74 raised stakes. Moreover, Gemmer Asset Mgmt Limited Com has 0.03% invested in Time Warner Inc. (NYSE:DLB). Boston Prtn holds 0.01% or 82,619 shares. (NYSE:DLB). Citadel Advsrs Limited Liability owns 0.01% invested in Dolby Laboratories, Inc. (NYSE:DLB) for 40,600 shares. Eagle Ridge reported 1.06% stake. The average 12 month price target among brokers that have issued a report on the stock in the past year is $64.20. Tower Rech Ltd Llc (Trc) accumulated 745 shares or 0.01% of the stock. Us National Bank De holds 0.03% or 99,267 shares in its portfolio. Northeast Financial Consultants Inc reported 4,369 shares. 10,142 are owned by Utah Retirement System. Elkfork Partners LLC acquired a new stake in shares of Dolby Laboratories in the 4th quarter valued at $102,000.

A number of equities analysts have commented on DLB shares. Since October 19, 2017 according to StockzIntelligence Inc Dolby Laboratories has 9 analyst reports. (NYSE:DLB) during the fourth quarter, according to its most recent filing with the SEC. During the same period in the prior year, the company earned $0.48 earnings per share. DLB's profit would be $67.29 million giving it 25.98 P/E if the $0.65 EPS is correct. After $0.79 actual EPS reported by Dolby Laboratories, Inc. for the previous quarter, Wall Street now forecasts -17.72% negative EPS growth.

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