DLB
Dolby Laboratories Inc. Technology - Audio Investor Relations →
Dolby Laboratories Inc. (DLB) closed at $57.65 as of 2026-09-18, trading 19.8% below its 200-week moving average of $71.85. This places DLB in the extreme value zone. The stock is currently moving closer to the line, down from -10.3% last week. The 14-week RSI sits at 58, indicating neutral momentum.
Trading volume is running at 1.7x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.81 ratio) is neutral — neither side is clearly dominating.
Over the past 1078 weeks of data, DLB has crossed below its 200-week moving average 18 times. On average, these episodes lasted 19 weeks. Historically, investors who bought DLB at the start of these episodes saw an average one-year return of +36.4%.
With a market cap of $5.4 billion, DLB is a mid-cap stock. The company generates a free cash flow yield of 6.2%, which is healthy. Return on equity stands at 8.8%. The stock trades at 2.1x book value.
Over the past 20.8 years, a hypothetical investment of $100 in DLB would have grown to $384, compared to $872 for the S&P 500. DLB has returned 6.7% annualized vs 11.0% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 18.4% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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 +35.3% after 12 months (median +20.0%), compared to +18.7% 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 +38.1% 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: 2026-11-17.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $42.04 | Unusually cheap — analysis point |
| Value | +1σ | $46.47 | Cheap vs. own history |
| Fair Value | +0σ | $51.94 | Historical mean behavior |
| Expensive | -1σ | $58.88 | Expensive vs. own history |
| Deep Expensive | -2σ | $67.96 | Unusually expensive — analysis point |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2026-07-30 | $0.67 | $0.69 | +3.0% |
| 2026-04-30 | $1.34 | $1.37 | +2.5% |
| 2026-01-29 | $0.99 | $1.06 | +6.7% |
| 2025-11-18 | $0.71 | $0.99 | +40.4% |
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?"
the write-ups I read Simply Wall St · Visual company reports and write-ups. Free tier covers five reports a month. referral
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 analysis points: prices at which the yield deviation becomes unusual enough to justify the work. 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. Each one is an analysis point, a reason to open the filings. 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 +36.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 2006 | Jan 2006 | 1 | 1.0% | +71.7% | +301.4% |
| Jul 2006 | Aug 2006 | 3 | 6.5% | +68.3% | +291.9% |
| Sep 2006 | Nov 2006 | 9 | 5.2% | +76.2% | +286.5% |
| Nov 2008 | Dec 2008 | 5 | 13.0% | +55.8% | +182.5% |
| Jan 2009 | Feb 2009 | 2 | 14.6% | +73.3% | +177.5% |
| Feb 2009 | Mar 2009 | 3 | 6.9% | +78.5% | +154.5% |
| May 2011 | Dec 2013 | 135 | 40.2% | -9.2% | +67.3% |
| Jul 2015 | Feb 2016 | 28 | 15.0% | +43.2% | +91.4% |
| Mar 2020 | May 2020 | 9 | 15.1% | +103.1% | +28.6% |
| Feb 2022 | Mar 2022 | 2 | 3.7% | +16.8% | -14.2% |
| May 2022 | May 2022 | 1 | 3.3% | +20.0% | -13.1% |
| Jun 2022 | Jul 2022 | 5 | 4.5% | +19.9% | -12.8% |
| Aug 2022 | Jan 2023 | 20 | 13.7% | +15.4% | -16.0% |
| Aug 2023 | Aug 2023 | 1 | 1.1% | -10.9% | -20.6% |
| Feb 2024 | Feb 2024 | 1 | 2.2% | +9.0% | -22.5% |
| Apr 2024 | Apr 2024 | 3 | 3.4% | -7.0% | -24.6% |
| May 2024 | Jan 2025 | 36 | 17.4% | -4.8% | -24.4% |
| Mar 2025 | Ongoing | 77+ | 32.2% | Ongoing | -17.9% |
| Average | 19 | — | +36.4% | — |
Frequently Asked Questions
Is DLB below its 200-week moving average?
Yes. As of 2026-09-18, Dolby Laboratories Inc. (DLB) is trading 19.8% below its 200-week moving average of $71.85. The current price is $57.65.
What is DLB's 200-week moving average price?
Dolby Laboratories Inc.'s 200-week moving average is $71.85 as of 2026-09-18. 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 +36.4%. These dips have historically been decent entry points. These episodes lasted 19 weeks on average.
Is DLB a good value right now?
Here's what our data says about DLB as of 2026-09-18: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 58. Free cash flow yield is 6.2%. Return on equity is 8.8%. Price-to-book is 2.1x. 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 20.8 years, $100 invested in DLB would have grown to $384, compared to $872 for the S&P 500. That's 6.7% 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 251.00%.
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 2026-09-18