
Dolby Laboratories (NYSE:DLB) Sets New 1-Year Low - Time to Sell?

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Dolby Laboratories (NYSE:DLB) shares hit a new 52-week low at $56.26, down from a previous close of $64.14. The decline follows disappointing Q3 guidance, with EPS projected between $0.56–$0.71, below analyst expectations. Despite a positive Q2 earnings report, the stock's performance is affected by lower operating cash flow and insider selling. Analysts maintain a "Moderate Buy" rating with a consensus price target of $90.75. The company also announced a quarterly dividend of $0.36, yielding approximately 2.6%.
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