First Call Estimates

Stock Information

Price (Prev Close): 93.18
Price - 52 Week High: 157.71
Price - 52 Week Low: 65.73
Price Date (Latest): 7/2/20
Median Price Target: 127.14
Diff from Prev Close: 33.96
% Difference: 36.45

Analyst Ratings

Mean Recommendation:

2.25

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 9.99
FY0 End Date: 12/1/19
Ind. Annual Div: --
Hist (5 Yr) Growth %: 10.98
Yield (%): --

Analyst Forecasts - Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 11.54 16.52 10.12 10.82 7 -- 1 -0.07
Annual 12/1/21 10.13 12.17 8.70 9.86 13 -- 2 -0.14
Annual 12/1/20 6.76 9.55 4.11 6.44 12 1 -- 1.07
Quarterly 3/1/21 2.50 2.96 1.98 2.46 10 1 -- 0.24
Quarterly 6/1/20 0.75 1.89 -0.26 0.74 14 1 1 2.54
Quarterly 9/1/20 1.49 2.97 -0.02 1.44 14 1 1 1.16
Quarterly 12/1/20 2.59 3.36 1.68 2.68 14 1 1 2.03
Long Term Growth 11.35 23.11 4.25 6.70 3 -- -- 0.00

Actuals - Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/19 9.99 9.78 2.14
Annual 12/1/18 9.53 9.49 0.43
Annual 12/1/17 7.53 7.38 2.00
Quarterly 3/1/20 1.73 2.55 -32.18
Quarterly 12/1/19 2.79 2.57 8.68
Quarterly 9/1/19 1.99 2.30 -13.57
Quarterly 6/1/19 2.76 2.50 10.29

Reference Information - Book Value Per Share

Last Actual (FY0): 63.48
FY0 End Date: 12/1/19
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Book Value Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 79.70 85.95 76.44 78.20 4 1 -- 0.08
Annual 12/1/21 72.82 75.29 69.20 73.39 4 1 -- 0.10
Annual 12/1/20 67.10 69.28 65.71 66.71 4 1 -- 0.13

Actuals - Book Value Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/19 63.48 61.78 2.74
Annual 12/1/18 59.00 57.43 2.73
Annual 12/1/17 58.10 50.44 15.19

Reference Information - Cash Flow Per Share

Last Actual (FY0): 16.16
FY0 End Date: 12/1/19
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Cash Flow Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 19.66 24.38 16.52 18.87 4 -- 1 -0.09
Annual 12/1/21 17.52 19.98 15.37 17.97 5 -- 1 -0.08
Annual 12/1/20 13.13 17.26 8.87 13.01 5 1 -- 0.55
Quarterly 3/1/21 5.07 6.68 3.46 5.07 2 1 -- 0.60
Quarterly 6/1/20 1.79 2.43 1.14 1.79 2 1 -- 3.48
Quarterly 9/1/20 3.64 5.02 2.26 3.64 2 1 -- 1.25
Quarterly 12/1/20 4.01 4.82 3.20 4.01 2 1 -- 1.91

Actuals - Cash Flow Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/19 16.16 15.21 6.22
Annual 12/1/18 14.30 13.40 6.73
Annual 12/1/17 12.28 11.78 4.26
Quarterly 3/1/20 5.81 4.50 29.25
Quarterly 12/1/19 4.44 4.15 7.12
Quarterly 9/1/19 4.81 3.45 39.42
Quarterly 6/1/19 2.61 3.72 -29.74

Reference Information - Dividend Per Share

Last Actual (FY0): 0.60
FY0 End Date: 12/1/19
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Dividend Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 0.58 0.92 -- 0.80 5 -- -- --
Annual 12/1/21 0.52 0.84 -- 0.80 7 -- -- --
Annual 12/1/20 0.42 0.83 0.10 0.30 6 -- -- --
Quarterly 3/1/21 0.13 0.20 -- 0.20 3 -- -- --
Quarterly 6/1/20 -- -- -- -- 3 -- -- 0.00
Quarterly 9/1/20 -- -- -- -- 3 -- -- 0.00
Quarterly 12/1/20 -- -- -- -- 3 -- -- 0.00

Actuals - Dividend Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/19 0.60 0.52 15.76
Annual 12/1/18 0.40 0.40 --
Annual 12/1/17 0.40 0.38 6.67
Quarterly 12/1/19 0.20 0.14 46.34
Quarterly 9/1/19 0.20 0.16 29.03
Quarterly 6/1/19 0.10 0.10 --

Reference Information - EBIT

Last Actual (FY0): 1,313.54
FY0 End Date: 12/1/19
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - EBIT

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 1,442.52 1,843.30 1,265.63 1,377.35 6 -- 1 -0.08
Annual 12/1/21 1,273.09 1,398.20 1,144.90 1,245.69 10 -- 2 -0.08
Annual 12/1/20 912.38 1,177.54 631.00 887.74 10 1 1 0.16
Quarterly 3/1/21 313.23 366.80 258.08 306.40 6 1 -- 0.39
Quarterly 6/1/20 122.07 164.53 14.60 132.85 8 1 -- 1.39
Quarterly 9/1/20 187.82 369.65 37.00 192.29 8 1 -- 0.69
Quarterly 12/1/20 316.99 409.93 227.52 319.82 8 1 -- 0.68

Actuals - EBIT

Reported Mean Estimate Surprise % Change
Annual 12/1/19 1,313.54 1,325.36 -0.89
Annual 12/1/18 1,326.90 1,309.00 1.37
Annual 12/1/17 1,258.08 1,259.77 -0.13
Quarterly 12/1/19 340.98 346.40 -1.56
Quarterly 9/1/19 286.56 316.85 -9.56
Quarterly 6/1/19 356.54 341.02 4.55

Reference Information - EBITDA

Last Actual (FY0): 1,802.22
FY0 End Date: 12/1/19
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - EBITDA

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 1,991.33 2,360.50 1,780.22 1,937.28 7 -- 1 -0.05
Annual 12/1/21 1,802.58 2,000.50 1,635.72 1,803.80 15 -- 2 -0.16
Annual 12/1/20 1,408.87 1,675.12 1,171.00 1,382.16 15 2 1 0.27
Quarterly 3/1/21 430.58 491.89 341.00 441.60 9 1 -- 0.19
Quarterly 6/1/20 257.14 390.00 138.60 259.13 12 2 -- 5.41
Quarterly 9/1/20 319.61 494.04 176.00 312.82 12 1 1 -0.20
Quarterly 12/1/20 451.02 534.33 355.74 460.90 12 1 1 -1.17

Actuals - EBITDA

Reported Mean Estimate Surprise % Change
Annual 12/1/19 1,802.22 1,807.78 -0.31
Annual 12/1/18 1,761.77 1,756.72 0.29
Annual 12/1/17 1,708.71 1,687.73 1.24
Quarterly 3/1/20 358.67 457.43 -21.59
Quarterly 12/1/19 465.80 468.54 -0.58
Quarterly 9/1/19 404.41 436.66 -7.39
Quarterly 6/1/19 471.52 462.24 2.01

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 9.13
FY0 End Date: 12/1/19
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - GAAP Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 12.46 18.69 9.88 11.59 6 -- 1 -0.08
Annual 12/1/21 10.30 12.64 8.47 9.94 10 -- 1 -0.07
Annual 12/1/20 7.49 11.03 5.13 7.05 9 -- 1 0.54
Quarterly 3/1/21 2.50 2.96 1.98 2.44 7 1 -- 0.34
Quarterly 6/1/20 0.76 1.08 -0.26 0.99 6 -- 1 2.69
Quarterly 9/1/20 1.49 2.97 0.79 1.31 6 -- 1 1.01
Quarterly 12/1/20 2.48 3.36 1.72 2.40 6 -- 1 1.02

Actuals - GAAP Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/19 9.13 9.01 1.33
Annual 12/1/18 8.31 8.95 -7.19
Annual 12/1/17 7.81 7.28 7.26
Quarterly 3/1/20 1.64 2.56 -35.94
Quarterly 12/1/19 2.79 2.56 8.98
Quarterly 9/1/19 1.10 2.30 -52.15
Quarterly 6/1/19 2.66 2.47 7.64

Reference Information - Net Debt

Last Actual (FY0): 3,922.86
FY0 End Date: 12/1/19
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Net Debt

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 3,337.27 4,052.40 2,330.00 3,483.35 4 -- -- --
Annual 12/1/21 3,594.65 4,003.00 3,026.00 3,613.04 6 -- -- --
Annual 12/1/20 3,639.53 4,042.90 3,312.00 3,633.74 6 -- -- --
Quarterly 3/1/21 3,242.60 3,242.60 3,242.60 3,242.60 1 -- -- --
Quarterly 6/1/20 3,350.40 3,350.40 3,350.40 3,350.40 1 -- -- --
Quarterly 9/1/20 3,270.90 3,270.90 3,270.90 3,270.90 1 -- -- --
Quarterly 12/1/20 3,061.60 3,061.60 3,061.60 3,061.60 1 -- -- --

Actuals - Net Debt

Reported Mean Estimate Surprise % Change
Annual 12/1/19 3,922.86 3,967.91 -1.14
Annual 12/1/18 3,893.41 3,919.65 -0.67
Annual 12/1/17 3,965.59 3,871.12 2.44
Quarterly 3/1/20 3,750.70 3,935.80 -4.70
Quarterly 12/1/19 3,922.86 3,854.30 1.78
Quarterly 9/1/19 3,889.47 4,088.90 -4.88
Quarterly 6/1/19 4,087.66 3,761.10 8.68

Reference Information - Net Income

Last Actual (FY0): 891.82
FY0 End Date: 12/1/19
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Net Income

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 963.68 1,249.20 837.00 917.66 6 -- 1 -0.10
Annual 12/1/21 862.37 1,031.08 744.73 840.59 11 -- 2 -0.07
Annual 12/1/20 547.51 833.00 355.00 505.25 8 2 -- 2.48
Quarterly 3/1/21 200.66 240.00 172.77 196.37 5 1 -- 0.56
Quarterly 6/1/20 68.81 96.57 35.03 65.70 7 1 -- 2.17
Quarterly 9/1/20 92.21 134.00 -2.00 110.73 7 1 -- 1.23
Quarterly 12/1/20 195.88 275.10 145.00 172.01 7 1 -- 0.96

Actuals - Net Income

Reported Mean Estimate Surprise % Change
Annual 12/1/19 891.82 869.81 2.53
Annual 12/1/18 894.35 887.08 0.82
Annual 12/1/17 725.46 708.86 2.34
Quarterly 3/1/20 150.16 221.05 -32.07
Quarterly 12/1/19 245.10 224.71 9.07
Quarterly 9/1/19 176.26 204.30 -13.72
Quarterly 6/1/19 247.20 226.40 9.19

Reference Information - Operating Profit

Last Actual (FY0): --
FY0 End Date:
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Operating Profit

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 -- -- -- -- -- -- -- --
Annual 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Quarterly 3/1/21 -- -- -- -- -- -- -- --
Quarterly 12/1/20 -- -- -- -- -- -- -- --
Quarterly 9/1/20 -- -- -- -- -- -- -- --
Quarterly 6/1/20 -- -- -- -- -- -- -- --

Actuals - Operating Profit

Reported Mean Estimate Surprise % Change
12/1/00 -- -- --
12/1/00 -- -- --
12/1/00 -- -- --
12/1/00 -- -- --
12/1/00 -- -- --
12/1/00 -- -- --
12/1/00 -- -- --

Reference Information - Return On Equity

Last Actual (FY0): 16.37
FY0 End Date: 12/1/19
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Return On Equity

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 15.88 21.80 13.30 14.21 4 -- -- -0.22
Annual 12/1/21 14.70 16.90 13.30 14.22 6 -- -- -0.62
Annual 12/1/20 11.40 19.20 6.30 10.33 6 -- -- 2.61
Quarterly 3/1/21 12.30 12.30 12.30 12.30 1 -- -- --
Quarterly 6/1/20 4.70 4.70 4.70 4.70 1 -- -- --
Quarterly 9/1/20 9.40 9.40 9.40 9.40 1 -- -- --
Quarterly 12/1/20 18.50 18.50 18.50 18.50 1 -- -- --

Actuals - Return On Equity

Reported Mean Estimate Surprise % Change
Annual 12/1/19 16.37 15.92 0.45
Annual 12/1/18 17.23 16.88 0.35
Annual 12/1/17 15.24 14.80 0.44
Quarterly 3/1/20 11.00 14.20 -3.20
Quarterly 12/1/19 18.00 15.30 2.70
Quarterly 9/1/19 13.08 14.70 -1.62
Quarterly 6/1/19 18.18 15.30 2.88

Reference Information - Sales

Last Actual (FY0): 11,378.26
FY0 End Date: 12/1/19
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Yield (%): --

Analyst Forecasts - Sales

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/22 12,376.77 12,623.70 12,244.20 12,356.99 6 -- 1 -0.24
Annual 12/1/21 12,015.54 12,561.70 11,442.57 11,988.11 12 1 1 -0.08
Annual 12/1/20 10,836.48 12,119.61 10,088.00 10,718.60 13 1 1 -0.60
Quarterly 3/1/21 2,958.36 3,035.54 2,882.70 2,958.16 8 -- 1 -0.03
Quarterly 6/1/20 2,409.01 2,945.14 2,195.00 2,386.08 12 1 -- -0.71
Quarterly 9/1/20 2,642.65 3,144.41 2,399.00 2,613.50 12 1 -- -0.55
Quarterly 12/1/20 2,894.40 3,200.39 2,583.00 2,849.25 12 1 -- -0.92

Actuals - Sales

Reported Mean Estimate Surprise % Change
Annual 12/1/19 11,378.26 11,365.42 0.11
Annual 12/1/18 10,772.28 10,751.35 0.19
Annual 12/1/17 10,409.87 10,400.13 0.09
Quarterly 3/1/20 2,829.67 2,921.84 -3.15
Quarterly 12/1/19 2,896.25 2,870.70 0.89
Quarterly 9/1/19 2,822.45 2,772.96 1.78
Quarterly 6/1/19 2,855.17 2,805.89 1.76

P/E Ratios

Fiscal Year FY0 FY1 FY2
Ratios 9.33 13.79 9.20

EPS Growth Rates

Fiscal YOY FY1/FY0 FY2/FY1 FY3/FY2
Growth Rate -30.92 49.88 13.91

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