DLB
Dolby Laboratories Inc. Technology - Audio Investor Relations →
Dolby Laboratories Inc. (DLB) closed at $52.33 as of 2026-06-19, trading 28.0% below its 200-week moving average of $72.70. This places DLB in the extreme value zone. The stock is currently moving closer to the line, down from -27.9% last week. The 14-week RSI sits at 36, indicating neutral momentum.
Trading volume is running at 1.5x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.92 ratio) is neutral — neither side is clearly dominating.
Over the past 1065 weeks of data, DLB has crossed below its 200-week moving average 18 times. On average, these episodes lasted 18 weeks. Historically, investors who bought DLB at the start of these episodes saw an average one-year return of +36.5%.
With a market cap of $5.0 billion, DLB is a mid-cap stock. The company generates a free cash flow yield of 5.8%, which is healthy. Return on equity stands at 9.4%. The stock trades at 1.9x book value.
Over the past 20.5 years, a hypothetical investment of $100 in DLB would have grown to $347, compared to $853 for the S&P 500. DLB has returned 6.3% annualized vs 11.0% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 18.4% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: DLB vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After DLB Crosses Below the Line?
Across 18 historical episodes, buying DLB when it crossed below its 200-week moving average produced an average return of +35.4% after 12 months (median +20.0%), compared to +18.8% for the S&P 500 over the same periods. 72% of those episodes were profitable after one year. After 24 months, the average return was +40.7% vs +38.2% for the index.
Each line shows $100 invested at the moment DLB crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices DLB would reach each dislocation threshold.
Dislocation Price Levels
Prices where DLB's Bean Score would hit each σ threshold. Valid until next earnings report (date TBD — last report: 2026-03-31).
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $52.77 | Unusually cheap — potential buy zone |
| Value | +1σ | $55.96 | Cheap vs. own history |
| Fair Value | +0σ | $59.57 | Historical mean behavior |
| Expensive | -1σ | $63.67 | Expensive vs. own history |
| Deep Expensive | -2σ | $68.38 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from DLB's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
DLB has crossed below its 200-week MA 18 times with an average 1-year return of +36.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 2006 | Jan 2006 | 1 | 1.0% | +71.7% | +262.2% |
| Jul 2006 | Aug 2006 | 3 | 6.5% | +68.3% | +253.7% |
| Sep 2006 | Nov 2006 | 9 | 5.2% | +76.2% | +248.8% |
| Nov 2008 | Dec 2008 | 5 | 13.0% | +55.8% | +154.9% |
| Jan 2009 | Feb 2009 | 2 | 14.6% | +73.3% | +150.5% |
| Feb 2009 | Mar 2009 | 3 | 6.9% | +78.5% | +129.6% |
| May 2011 | Dec 2013 | 135 | 40.2% | -9.2% | +51.0% |
| Jul 2015 | Feb 2016 | 28 | 15.0% | +43.2% | +72.8% |
| Mar 2020 | May 2020 | 9 | 15.1% | +103.1% | +16.0% |
| Feb 2022 | Mar 2022 | 2 | 3.7% | +16.8% | -22.6% |
| May 2022 | May 2022 | 1 | 3.3% | +20.0% | -21.6% |
| Jun 2022 | Jul 2022 | 5 | 4.5% | +19.9% | -21.3% |
| Aug 2022 | Jan 2023 | 20 | 13.7% | +15.8% | -23.9% |
| Aug 2023 | Aug 2023 | 1 | 1.4% | -10.6% | -28.1% |
| Feb 2024 | Feb 2024 | 1 | 2.5% | +9.0% | -29.8% |
| Apr 2024 | Apr 2024 | 3 | 3.4% | -7.0% | -32.0% |
| May 2024 | Jan 2025 | 36 | 17.4% | -4.8% | -31.8% |
| Mar 2025 | Ongoing | 64+ | 28.0% | Ongoing | -25.9% |
| Average | 18 | — | +36.5% | — |
Frequently Asked Questions
Is DLB below its 200-week moving average?
Yes. As of 2026-06-19, Dolby Laboratories Inc. (DLB) is trading 28.0% below its 200-week moving average of $72.70. The current price is $52.33.
What is DLB's 200-week moving average price?
Dolby Laboratories Inc.'s 200-week moving average is $72.70 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when DLB drops below its 200-week moving average?
DLB has crossed below its 200-week moving average 18 times in our data. On average, buying at that moment produced a one-year return of +36.5%. These dips have historically been decent entry points. These episodes lasted 18 weeks on average.
Is DLB a good value right now?
Here's what our data says about DLB as of 2026-06-19: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 36. Free cash flow yield is 5.8%. Return on equity is 9.4%. Price-to-book is 1.9x. This is not a buy or sell recommendation — always do your own research.
How does DLB compare to the S&P 500?
Over the past 20.5 years, $100 invested in DLB would have grown to $347, compared to $853 for the S&P 500. That's 6.3% annualized vs 11.0% for the index. DLB has underperformed the broader market over this period.
Does DLB pay a dividend?
Yes. Dolby Laboratories Inc. currently pays a dividend yield of 267.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19