Steven Forshay - Dolby Laboratories Senior Vice President - Advanced Technology Group

DLB Stock  USD 77.98  0.66  0.84%   

President

Mr. Steven Forshay is Senior Vice President Advanced Technology Group of the Company. He joined us in July 1982 and has served since in a variety of positions advancing our technologies, including Senior Vice President, Research Senior Vice President of Research for Image and Sound Senior Vice President, Sound Technology RD and since January 2015, Senior Vice President, Advanced Technology Group. Mr. Forshay is a member of the Audio Engineering Society, the Institute of Electrical and Electronics Engineers, and the Society of Motion Picture and Television Engineers since 2015.
Age 66
Tenure 9 years
Professional MarksMBA
Address 1275 Market Street, San Francisco, CA, United States, 94103-1410
Phone415 558 0200
Webhttps://www.dolby.com
Forshay holds a B.S.E.E. degree in electrical engineering from the New Jersey Institute of Technology and a M.B.A. from Saint Mary’s College of California.

Dolby Laboratories Management Efficiency

The company has Return on Asset of 0.0531 % which means that on every $100 spent on assets, it made $0.0531 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0815 %, implying that it generated $0.0815 on every 100 dollars invested. Dolby Laboratories' management efficiency ratios could be used to measure how well Dolby Laboratories manages its routine affairs as well as how well it operates its assets and liabilities. At present, Dolby Laboratories' Return On Tangible Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.12, whereas Return On Capital Employed is forecasted to decline to 0.08. At present, Dolby Laboratories' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 358.1 M, whereas Total Assets are forecasted to decline to about 2 B.
The company has 50.65 M in debt with debt to equity (D/E) ratio of 0.02, which may show that the company is not taking advantage of profits from borrowing. Dolby Laboratories has a current ratio of 5.16, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Dolby Laboratories until it has trouble settling it off, either with new capital or with free cash flow. So, Dolby Laboratories' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dolby Laboratories sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dolby to invest in growth at high rates of return. When we think about Dolby Laboratories' use of debt, we should always consider it together with cash and equity.

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Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, DTV, transmissions and devices, mobile devices, OTT video and music services, and home entertainment devices. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California. Dolby Laboratories operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. It employs 2368 people. Dolby Laboratories (DLB) is traded on New York Stock Exchange in USA. It is located in 1275 Market Street, San Francisco, CA, United States, 94103-1410 and employs 2,246 people. Dolby Laboratories is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

Dolby Laboratories Leadership Team

Elected by the shareholders, the Dolby Laboratories' board of directors comprises two types of representatives: Dolby Laboratories inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dolby. The board's role is to monitor Dolby Laboratories' management team and ensure that shareholders' interests are well served. Dolby Laboratories' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Dolby Laboratories' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ioan Allen, Senior President
N Jasper, Independent Director
Maggie ODonnell, Head Relations
Giles Baker, Senior Vice President Consumer Entertainment
Ryan Nicholson, VP Controller
Linda Rogers, Senior Officer
Andy Sherman, General VP
Robert Park, Chief Financial Officer, Senior Vice President
Craig Todd, CTO VP
Avadis Tevanian, Independent Director
Simon Segars, Independent Director
Steven Forshay, Senior Vice President - Advanced Technology Group
David Dolby, Independent Director
Elena Carr, Director of Investor Relations
Doug Darrow, Senior Group
Peter Gotcher, Independent Chairman of the Board
Peter Goldmacher, Vice Relations
John Couling, Senior Entertainment
NWilliam Jasper, Independent Director
Todd Pendleton, Senior Vice President Chief Marketing Officer
Roger Siboni, Independent Director
Michael Bergeron, Sr. VP of Worldwide Sales and Field Operations
Lewis Chew, Chief Financial Officer, Executive Vice President
Bob Borchers, Senior Vice President Chief Marketing Officer
Mark Sherman, Executive Vice President General Counsel, Corporate Secretary
Nicholas Donatiello, Independent Director
Anjali Sud, Independent Director
Micheline Chau, Independent Director
Robert Borchers, Chief Marketing Officer and Sr. VP
Kevin Yeaman, CEO and President Director and Member of Stock Plan Committee
Tony Prophet, Independent Director
Emily Rollins, Independent Director
Sanford Robertson, Independent Director

Dolby Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Dolby Laboratories a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Dolby Laboratories

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dolby Laboratories position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dolby Laboratories will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dolby Stock

  0.68ERIC Telefonaktiebolaget Financial Report 12th of July 2024 PairCorr
The ability to find closely correlated positions to Dolby Laboratories could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dolby Laboratories when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dolby Laboratories - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dolby Laboratories to buy it.
The correlation of Dolby Laboratories is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dolby Laboratories moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dolby Laboratories moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dolby Laboratories can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Dolby Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dolby Laboratories' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dolby Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dolby Laboratories Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dolby Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Dolby Laboratories' price analysis, check to measure Dolby Laboratories' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dolby Laboratories is operating at the current time. Most of Dolby Laboratories' value examination focuses on studying past and present price action to predict the probability of Dolby Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dolby Laboratories' price. Additionally, you may evaluate how the addition of Dolby Laboratories to your portfolios can decrease your overall portfolio volatility.
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Is Dolby Laboratories' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dolby Laboratories. If investors know Dolby will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dolby Laboratories listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Dividend Share
1.14
Earnings Share
1.92
Revenue Per Share
13.388
Quarterly Revenue Growth
(0.06)
The market value of Dolby Laboratories is measured differently than its book value, which is the value of Dolby that is recorded on the company's balance sheet. Investors also form their own opinion of Dolby Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Dolby Laboratories' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dolby Laboratories' market value can be influenced by many factors that don't directly affect Dolby Laboratories' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dolby Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dolby Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dolby Laboratories' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.