First Call Estimates

Stock Information

Price (Prev Close): 124.42
Price - 52 Week High: 128.14
Price - 52 Week Low: 95.37
Price Date (Latest): 8/14/18
Median Price Target: 133.13
Diff from Prev Close: 8.71
% Difference: 7.00

Analyst Ratings

Mean Recommendation:

2.18

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 7.53
FY0 End Date: 12/1/17
Ind. Annual Div: 0.38
Hist (5 Yr) Growth %: 14.05
Hist (5 Yr) Stability %: 9.60
Yield (%): 0.30

Analyst Forecasts - Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 10.87 11.12 10.57 10.86 8 2 3 -1.55
Annual 12/1/19 10.27 10.56 9.78 10.28 16 6 5 0.43
Annual 12/1/18 9.51 9.64 9.40 9.49 13 8 3 0.79
Quarterly 9/1/18 2.02 2.13 1.86 2.05 16 3 10 -1.08
Quarterly 12/1/18 2.54 2.73 2.37 2.56 16 6 6 1.08
Quarterly 3/1/19 2.69 2.90 2.48 2.71 12 6 3 2.15
Quarterly 6/1/19 2.59 2.75 2.43 2.60 12 4 3 -0.42
Long Term Growth 10.74 14.60 5.40 11.00 5 1 -- --

Actuals - Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 7.53 7.38 2.00
Annual 12/1/16 7.32 7.34 -0.24
Annual 12/1/15 6.87 6.88 -0.18
Quarterly 6/1/18 2.47 2.39 3.34
Quarterly 3/1/18 2.45 2.59 -5.24
Quarterly 12/1/17 2.00 1.84 8.80
Quarterly 9/1/17 1.49 1.68 -11.31

Reference Information - Book Value Per Share

Last Actual (FY0): 58.10
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
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 12/1/20 69.06 75.14 62.99 69.06 2 -- 1 -1.06
Annual 12/1/19 62.45 67.09 57.81 62.45 2 -- 1 -0.64
Annual 12/1/18 56.54 59.65 53.43 56.54 2 -- 1 -0.53

Actuals - Book Value Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 58.10 -- --
Annual 12/1/16 50.55 -- --
Annual 12/1/15 43.23 -- --
Quarterly 12/1/17 58.10 -- --
Quarterly 9/1/17 50.86 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 12.28
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
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 12/1/20 16.56 17.48 15.63 16.56 2 -- 1 --
Annual 12/1/19 15.05 16.02 14.52 14.60 3 1 1 0.09
Annual 12/1/18 13.42 13.72 13.14 13.39 3 -- 2 -1.79
Quarterly 9/1/18 3.13 3.13 3.13 3.13 1 1 -- --
Quarterly 12/1/18 3.45 3.45 3.45 3.45 1 -- 1 --
Quarterly 3/1/19 4.23 4.23 4.23 4.23 1 -- 1 --
Quarterly 6/1/19 3.51 3.51 3.51 3.51 1 -- -- --

Actuals - Cash Flow Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 12.28 11.78 4.26
Annual 12/1/16 13.10 12.89 1.61
Annual 12/1/15 10.14 10.82 -6.27
Quarterly 6/1/18 2.81 3.29 -14.59
Quarterly 3/1/18 3.84 3.99 -3.76
Quarterly 12/1/17 3.21 3.52 -8.81
Quarterly 9/1/17 3.59 2.90 23.79

Reference Information - Dividend Per Share

Last Actual (FY0): 0.40
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
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 12/1/20 0.40 0.40 0.40 0.40 2 -- -- --
Annual 12/1/19 0.40 0.40 0.40 0.40 3 -- -- --
Annual 12/1/18 0.40 0.40 0.40 0.40 3 -- -- --
Quarterly 9/1/18 0.10 0.10 0.10 0.10 1 -- -- --
Quarterly 12/1/18 0.10 0.10 0.10 0.10 1 -- -- --
Quarterly 3/1/19 0.10 0.10 0.10 0.10 1 -- -- --
Quarterly 6/1/19 0.10 0.10 0.10 0.10 1 -- -- --

Actuals - Dividend Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 0.40 -- --
Annual 12/1/16 0.40 -- --
Annual 12/1/15 0.40 -- --
Quarterly 12/1/17 0.10 -- --
Quarterly 9/1/17 0.10 -- --

Reference Information - EBIT

Last Actual (FY0): 1,258.08
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - EBIT

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 1,464.10 1,528.90 1,371.89 1,484.79 7 1 3 -1.02
Annual 12/1/19 1,409.04 1,492.20 1,339.00 1,412.43 12 5 4 0.12
Annual 12/1/18 1,315.93 1,355.19 1,239.87 1,313.24 12 5 4 -0.51
Quarterly 9/1/18 288.97 301.90 275.00 290.66 8 4 2 -0.19
Quarterly 12/1/18 350.20 364.81 333.90 353.37 8 4 2 1.23
Quarterly 3/1/19 372.58 383.71 363.35 371.30 5 2 1 --
Quarterly 6/1/19 355.94 363.92 352.60 354.40 5 1 1 --

Actuals - EBIT

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 1,258.08 -- --
Annual 12/1/16 1,276.07 -- --
Annual 12/1/15 1,243.58 -- --
Quarterly 6/1/18 333.91 -- --
Quarterly 3/1/18 346.81 -- --
Quarterly 12/1/17 325.27 -- --
Quarterly 9/1/17 259.46 -- --

Reference Information - EBITDA

Last Actual (FY0): 1,708.71
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - EBITDA

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 1,940.80 2,037.31 1,870.39 1,935.05 7 -- 4 -1.72
Annual 12/1/19 1,877.10 1,931.30 1,825.00 1,872.29 14 7 5 0.01
Annual 12/1/18 1,770.56 1,811.00 1,710.34 1,762.61 14 3 7 -0.53
Quarterly 9/1/18 404.01 426.70 388.00 403.27 12 3 5 -1.03
Quarterly 12/1/18 470.55 497.25 449.80 470.00 12 6 2 1.14
Quarterly 3/1/19 483.14 490.72 470.37 484.50 8 4 1 1.59
Quarterly 6/1/19 469.96 481.30 449.00 469.92 8 2 2 -0.17

Actuals - EBITDA

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 1,708.71 -- --
Annual 12/1/16 1,698.02 -- --
Annual 12/1/15 1,658.01 -- --
Quarterly 6/1/18 438.84 -- --
Quarterly 3/1/18 455.08 -- --
Quarterly 12/1/17 446.93 -- --
Quarterly 9/1/17 363.38 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 7.81
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
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 12/1/20 11.01 11.12 10.90 11.01 2 -- 2 -1.89
Annual 12/1/19 10.29 10.56 9.81 10.33 10 4 -- 0.59
Annual 12/1/18 9.12 9.46 7.75 9.30 7 2 3 -0.05
Quarterly 9/1/18 2.03 2.11 1.92 2.04 6 3 1 0.41
Quarterly 12/1/18 2.51 2.60 2.31 2.56 6 2 1 0.87
Quarterly 3/1/19 2.76 2.87 2.70 2.74 5 2 -- 0.89
Quarterly 6/1/19 2.62 2.71 2.58 2.61 5 1 1 -0.11

Actuals - GAAP Earnings Per Share

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 7.81 -- --
Annual 12/1/16 7.14 -- --
Annual 12/1/15 6.76 -- --
Quarterly 6/1/18 2.39 -- --
Quarterly 3/1/18 2.36 -- --
Quarterly 12/1/17 2.31 -- --
Quarterly 9/1/17 1.47 -- --

Reference Information - Net Debt

Last Actual (FY0): 3,965.59
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Net Debt

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 3,215.85 3,768.03 2,621.56 3,236.90 4 3 -- 5.37
Annual 12/1/19 3,480.59 3,782.35 3,124.84 3,528.96 5 3 -- 4.87
Annual 12/1/18 3,721.39 3,818.14 3,590.76 3,715.83 5 3 -- 3.06
Quarterly 9/1/18 3,827.80 3,827.80 3,827.80 3,827.80 1 -- -- --
Quarterly 12/1/18 3,670.20 3,670.20 3,670.20 3,670.20 1 -- -- --
Quarterly 3/1/19 3,551.00 3,551.00 3,551.00 3,551.00 1 -- -- --
Quarterly 6/1/19 3,537.40 3,537.40 3,537.40 3,537.40 1 -- -- --

Actuals - Net Debt

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 3,965.59 3,871.12 2.44
Annual 12/1/16 4,102.38 3,627.71 13.08
Annual 12/1/15 3,388.80 3,099.60 9.33
Quarterly 6/1/18 3,913.58 3,616.00 8.23
Quarterly 3/1/18 3,848.28 3,728.40 3.22
Quarterly 12/1/17 3,965.59 3,878.40 2.25
Quarterly 9/1/17 3,974.73 3,709.90 7.14

Reference Information - Net Income

Last Actual (FY0): 725.46
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Net Income

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 988.25 1,057.19 945.37 992.00 7 -- 4 -0.29
Annual 12/1/19 949.49 986.42 893.00 945.16 12 6 3 0.66
Annual 12/1/18 887.83 908.70 865.96 888.00 11 4 4 0.50
Quarterly 9/1/18 187.83 196.58 177.00 186.49 8 3 3 -1.68
Quarterly 12/1/18 235.20 247.29 221.00 236.24 8 2 4 0.04
Quarterly 3/1/19 254.80 262.82 249.71 253.80 6 3 1 0.10
Quarterly 6/1/19 241.82 247.26 238.80 241.59 6 2 1 0.86

Actuals - Net Income

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 725.46 -- --
Annual 12/1/16 720.24 -- --
Annual 12/1/15 692.05 -- --
Quarterly 6/1/18 233.32 -- --
Quarterly 3/1/18 232.15 -- --
Quarterly 12/1/17 189.64 -- --
Quarterly 9/1/17 143.39 -- --

Reference Information - Operating Profit

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

Analyst Forecasts - Operating Profit

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/19 14.36 14.36 14.36 14.36 1 -- -- --
Annual 12/1/18 30.00 30.00 30.00 30.00 1 -- -- --

Actuals - Operating Profit

Reported EPS 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): 15.24
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
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 12/1/20 15.80 16.86 14.90 15.65 3 2 -- 0.61
Annual 12/1/19 16.26 17.42 15.20 16.17 3 2 -- 2.21
Annual 12/1/18 16.64 17.21 16.10 16.62 4 3 -- 1.31
Quarterly 9/1/18 14.15 15.20 13.10 14.15 2 -- -- 7.42
Quarterly 12/1/18 15.95 17.00 14.90 15.95 2 -- -- -6.58
Quarterly 3/1/19 17.20 17.20 17.20 17.20 1 -- -- --
Quarterly 6/1/19 16.40 16.40 16.40 16.40 1 -- -- --

Actuals - Return On Equity

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 15.24 -- --
Annual 12/1/16 16.40 -- --
Annual 12/1/15 17.33 -- --
Quarterly 12/1/17 15.39 -- --
Quarterly 9/1/17 13.09 -- --

Reference Information - Sales

Last Actual (FY0): 10,409.87
FY0 End Date: 12/1/17
Ind. Annual Div: --
Hist (5 Yr) Growth %: --
Hist (5 Yr) Stability %: --
Yield (%): --

Analyst Forecasts - Sales

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/20 11,794.07 12,057.96 11,294.58 11,869.53 7 -- 4 -1.24
Annual 12/1/19 11,347.01 11,588.90 11,024.45 11,383.50 14 3 10 -0.69
Annual 12/1/18 10,826.43 10,946.00 10,601.30 10,830.00 15 1 12 -0.38
Quarterly 9/1/18 2,669.34 2,750.50 2,557.80 2,674.50 12 2 5 -0.35
Quarterly 12/1/18 2,773.94 2,867.11 2,643.40 2,779.50 11 4 4 -0.08
Quarterly 3/1/19 2,835.20 2,873.99 2,809.70 2,827.92 8 3 1 -0.04
Quarterly 6/1/19 2,829.14 2,880.74 2,785.20 2,826.67 8 2 2 -0.29

Actuals - Sales

Reported EPS Mean Estimate Surprise % Change
Annual 12/1/17 10,409.87 10,400.13 0.09
Annual 12/1/16 9,766.21 9,820.75 -0.56
Annual 12/1/15 9,043.45 9,054.40 -0.12
Quarterly 6/1/18 2,681.35 2,715.21 -1.25
Quarterly 3/1/18 2,687.52 2,747.73 -2.19
Quarterly 12/1/17 2,642.79 2,633.72 0.34
Quarterly 9/1/17 2,541.86 2,603.77 -2.38

P/E Ratios

P/E Ratios Company Industry Ind. Relative
FY0 13.08 29.24 0.45
FY1 12.11 -59.47 -0.20
FY2 11.44 73.03 0.16

EPS Growth Rates

Growth Rates Company Industry Ind. Relative
FY1/FY0 26.28 49.55 0.84
FY2/FY1 8.04 16.87 0.92
FY3/FY2 8.04 16.87 0.92

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