First Call Estimates

Stock Information

Price (Prev Close): 144.65
Price - 52 Week High: 165.00
Price - 52 Week Low: 99.96
Price Date (Latest): 9/27/21
Median Price Target: 165.71
Diff from Prev Close: 21.06
% Difference: 14.56

Analyst Ratings

Mean Recommendation:

2.78

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 11.12
FY0 End Date: 12/1/20
Ind. Annual Div: 0.80
Hist (5 Yr) Growth %: 10.23
Yield (%): 0.55

Analyst Forecasts - Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 23 13.93 15.54 12.68 14.04 11 -- 1 -1.06
Annual Dec 22 12.71 13.83 11.86 12.76 14 -- 1 -0.72
Annual Dec 21 12.00 12.69 11.76 11.96 13 1 1 0.07
Quarterly Mar 22 2.78 3.16 2.13 2.81 11 -- 1 -2.42
Quarterly Jun 22 3.44 4.14 2.81 3.36 11 -- 1 0.21
Quarterly Sep 21 2.74 2.95 2.62 2.69 13 -- -- 0.44
Quarterly Dec 21 3.06 3.61 2.85 3.04 13 -- 1 0.32
Long Term Growth 7.90 9.13 6.50 8.07 3 -- -- 0.00

Actuals - Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual Dec 20 11.12 10.33 7.62
Annual Dec 19 9.99 9.79 2.07
Annual Dec 18 9.53 9.49 0.43
Quarterly Jun 21 3.76 2.70 39.44
Quarterly Mar 21 2.44 2.27 7.59
Quarterly Dec 20 3.59 2.78 28.96
Quarterly Sep 20 2.88 1.94 48.28

Reference Information - Book Value Per Share

Last Actual (FY0): 74.26
FY0 End Date: 12/1/20
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 Dec 23 88.97 101.77 74.27 89.93 4 -- -- 1.35
Annual Dec 22 83.88 85.92 81.27 84.46 3 -- -- 0.35
Annual Dec 21 76.92 77.77 75.90 77.10 3 -- -- 0.12
Quarterly Mar 22 78.89 78.89 78.89 78.89 1 -- -- --
Quarterly Jun 22 80.64 80.64 80.64 80.64 1 -- -- --

Actuals - Book Value Per Share

Reported Mean Estimate Surprise % Change
Annual Dec 20 74.26 72.62 2.26
Annual Dec 19 63.48 61.78 2.74
Annual Dec 18 59.00 57.43 2.73

Reference Information - Cash Flow Per Share

Last Actual (FY0): 27.58
FY0 End Date: 12/1/20
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 Dec 23 22.41 23.73 21.60 21.89 3 -- -- -1.77
Annual Dec 22 19.70 21.56 18.62 19.31 4 -- -- 0.39
Annual Dec 21 14.38 19.60 10.06 13.93 4 -- -- 13.76
Quarterly Mar 22 5.82 6.84 4.79 5.82 2 -- -- -14.99
Quarterly Jun 22 3.48 4.80 2.16 3.48 2 -- -- 61.11
Quarterly Sep 21 4.54 4.65 4.42 4.54 2 -- -- 2.60
Quarterly Dec 21 4.48 4.81 4.15 4.48 2 -- -- 7.95

Actuals - Cash Flow Per Share

Reported Mean Estimate Surprise % Change
Annual Dec 20 27.58 22.72 21.38
Annual Dec 19 16.16 15.21 6.22
Annual Dec 18 14.30 13.40 6.73
Quarterly Jun 21 0.56 2.73 -79.49
Quarterly Mar 21 0.84 4.82 -82.57
Quarterly Dec 20 1.66 4.41 -62.34
Quarterly Sep 20 8.96 4.06 120.69

Reference Information - Dividend Per Share

Last Actual (FY0): 0.20
FY0 End Date: 12/1/20
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 Dec 23 2.00 11.00 -- 0.81 8 -- 1 -7.35
Annual Dec 22 0.68 0.86 -- 0.80 9 -- 1 2.86
Annual Dec 21 0.67 0.80 -- 0.80 9 -- 1 2.17
Quarterly Mar 22 0.21 0.22 0.20 0.21 4 -- -- 2.05
Quarterly Jun 22 0.21 0.22 0.20 0.21 4 -- -- 2.05
Quarterly Sep 21 0.20 0.20 0.20 0.20 4 -- -- --
Quarterly Dec 21 0.20 0.20 0.20 0.20 4 -- -- --

Actuals - Dividend Per Share

Reported Mean Estimate Surprise % Change
Annual Dec 20 0.20 0.31 -36.36
Annual Dec 19 0.60 0.52 15.76
Annual Dec 18 0.40 0.40 --
Quarterly Jun 21 0.20 0.20 --
Quarterly Mar 21 0.20 0.20 --
Quarterly Dec 20 -- -- --
Quarterly Sep 20 -- -- --

Reference Information - EBIT

Last Actual (FY0): 1,358.35
FY0 End Date: 12/1/20
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 Dec 23 1,546.99 1,636.60 1,404.52 1,545.87 10 -- 1 -1.92
Annual Dec 22 1,457.85 1,531.99 1,345.74 1,462.79 13 -- 1 -1.09
Annual Dec 21 1,417.19 1,487.30 1,367.00 1,420.70 13 -- 1 -0.03
Quarterly Mar 22 327.03 343.00 316.82 325.12 7 -- 1 -0.40
Quarterly Jun 22 372.54 425.10 327.88 370.73 7 -- 1 -2.52
Quarterly Sep 21 335.96 359.70 313.28 337.00 8 -- -- -0.20
Quarterly Dec 21 356.38 410.60 326.36 347.01 8 -- 1 0.27

Actuals - EBIT

Reported Mean Estimate Surprise % Change
Annual Dec 20 1,358.35 1,286.12 5.62
Annual Dec 19 1,313.54 1,325.36 -0.89
Annual Dec 18 1,326.90 1,309.00 1.37
Quarterly Jun 21 438.97 326.11 34.61
Quarterly Mar 21 295.67 274.66 7.65
Quarterly Dec 20 413.96 347.62 19.08

Reference Information - EBITDA

Last Actual (FY0): 1,860.01
FY0 End Date: 12/1/20
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 Dec 23 2,121.77 2,222.03 2,024.29 2,132.53 11 -- 1 -1.09
Annual Dec 22 2,006.56 2,116.22 1,927.28 2,008.00 16 -- 1 -0.43
Annual Dec 21 1,940.57 2,022.34 1,825.00 1,940.85 16 -- 1 0.06
Quarterly Mar 22 466.69 493.00 434.90 467.00 9 -- -- 0.27
Quarterly Jun 22 521.06 593.10 472.10 517.00 9 -- -- -1.16
Quarterly Sep 21 460.04 490.27 440.00 456.76 12 -- -- 0.32
Quarterly Dec 21 487.73 512.00 455.34 488.95 12 -- -- 0.42

Actuals - EBITDA

Reported Mean Estimate Surprise % Change
Annual Dec 20 1,860.01 1,779.72 4.51
Annual Dec 19 1,802.22 1,807.78 -0.31
Annual Dec 18 1,761.77 1,756.72 0.29
Quarterly Jun 21 572.70 456.90 25.34
Quarterly Mar 21 427.09 413.85 3.20
Quarterly Dec 20 548.86 471.70 16.36
Quarterly Sep 20 472.82 378.08 25.06

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 10.99
FY0 End Date: 12/1/20
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 Dec 23 14.15 15.54 12.92 14.21 6 -- -- -1.71
Annual Dec 22 12.69 13.81 12.03 12.65 8 -- -- -0.74
Annual Dec 21 11.95 12.71 10.76 12.01 9 -- -- 0.27
Quarterly Mar 22 2.82 2.95 2.69 2.80 6 -- -- 0.97
Quarterly Jun 22 3.29 3.84 2.91 3.27 6 -- -- -2.26
Quarterly Sep 21 2.86 2.95 2.62 2.91 6 -- -- 0.62
Quarterly Dec 21 3.05 3.61 2.64 3.00 6 -- -- -0.04

Actuals - GAAP Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual Dec 20 10.99 10.26 7.10
Annual Dec 19 9.13 9.01 1.33
Annual Dec 18 8.31 8.95 -7.19
Quarterly Jun 21 3.79 2.70 40.28
Quarterly Mar 21 2.43 2.23 8.97
Quarterly Dec 20 3.60 2.90 24.14
Quarterly Sep 20 2.82 2.04 38.12

Reference Information - Net Debt

Last Actual (FY0): 2,631.76
FY0 End Date: 12/1/20
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 Dec 23 3,355.31 5,778.99 2,275.00 2,728.52 5 1 -- 38.48
Annual Dec 22 3,756.74 5,665.17 3,116.00 3,285.27 5 1 -- 26.06
Annual Dec 21 3,955.18 5,509.36 3,025.74 3,754.39 5 1 -- 22.00
Quarterly Mar 22 5,614.27 5,614.27 5,614.27 5,614.27 1 -- -- --
Quarterly Jun 22 5,597.65 5,597.65 5,597.65 5,597.65 1 -- -- --
Quarterly Sep 21 5,246.27 5,246.27 5,246.27 5,246.27 1 -- -- --
Quarterly Dec 21 5,509.36 5,509.36 5,509.36 5,509.36 1 -- -- --

Actuals - Net Debt

Reported Mean Estimate Surprise % Change
Annual Dec 20 2,631.76 3,003.69 -12.38
Annual Dec 19 3,922.86 3,967.91 -1.14
Annual Dec 18 3,893.41 3,919.65 -0.67
Quarterly Jun 21 3,394.58 -- --
Quarterly Mar 21 2,848.60 -- --
Quarterly Dec 20 2,631.76 -- --
Quarterly Sep 20 2,507.95 3,293.50 -23.85

Reference Information - Net Income

Last Actual (FY0): 954.71
FY0 End Date: 12/1/20
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 Dec 23 1,107.26 1,196.50 986.85 1,117.53 12 -- 1 -2.01
Annual Dec 22 1,044.09 1,118.00 950.35 1,049.66 14 -- 1 -1.38
Annual Dec 21 1,021.23 1,084.00 996.93 1,014.00 14 -- 1 -0.19
Quarterly Mar 22 228.26 239.00 213.00 233.00 5 -- -- 0.89
Quarterly Jun 22 277.06 333.50 231.03 278.00 5 -- -- -3.99
Quarterly Sep 21 236.23 248.21 221.90 242.00 7 -- -- -0.17
Quarterly Dec 21 248.92 266.00 219.09 247.77 7 -- -- 1.30

Actuals - Net Income

Reported Mean Estimate Surprise % Change
Annual Dec 20 954.71 878.67 8.65
Annual Dec 19 891.82 869.81 2.53
Annual Dec 18 894.35 887.08 0.82
Quarterly Jun 21 322.30 229.22 40.61
Quarterly Mar 21 210.15 194.51 8.04
Quarterly Dec 20 307.86 238.48 29.09
Quarterly Sep 20 246.48 147.15 67.51

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 Dec 23 -- -- -- -- -- -- -- --
Annual Dec 22 -- -- -- -- -- -- -- --
Annual Dec 21 -- -- -- -- -- -- -- --
Quarterly Jun 22 -- -- -- -- -- -- -- --
Quarterly Mar 22 -- -- -- -- -- -- -- --
Quarterly Dec 21 -- -- -- -- -- -- -- --
Quarterly Sep 21 -- -- -- -- -- -- -- --

Actuals - Operating Profit

Reported Mean Estimate Surprise % Change
Dec 00 -- -- --
Dec 00 -- -- --
Dec 00 -- -- --
Dec 00 -- -- --
Dec 00 -- -- --
Dec 00 -- -- --
Dec 00 -- -- --

Reference Information - Return On Equity

Last Actual (FY0): 16.15
FY0 End Date: 12/1/20
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 Dec 23 16.53 22.30 12.35 16.30 5 -- -- -2.60
Annual Dec 22 16.55 22.40 13.24 15.66 5 -- -- -2.22
Annual Dec 21 17.24 22.60 14.45 16.50 5 -- -- -1.06
Quarterly Mar 22 14.84 14.84 14.84 14.84 1 -- -- --
Quarterly Jun 22 14.45 14.45 14.45 14.45 1 -- -- --
Quarterly Sep 21 16.14 16.14 16.14 16.14 1 -- -- --
Quarterly Dec 21 15.92 15.92 15.92 15.92 1 -- -- --

Actuals - Return On Equity

Reported Mean Estimate Surprise % Change
Annual Dec 20 16.15 14.98 1.17
Annual Dec 19 16.37 15.92 0.45
Annual Dec 18 17.23 16.88 0.35
Quarterly Sep 20 16.92 11.40 5.52

Reference Information - Sales

Last Actual (FY0): 11,558.90
FY0 End Date: 12/1/20
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 Dec 23 13,673.95 13,986.59 13,429.90 13,669.13 12 -- 1 0.03
Annual Dec 22 12,963.60 13,202.32 12,537.97 12,982.95 15 -- 1 0.07
Annual Dec 21 12,477.34 12,600.00 12,395.10 12,464.98 15 1 -- -0.02
Quarterly Mar 22 3,143.01 3,240.58 3,047.80 3,141.25 10 -- 1 0.33
Quarterly Jun 22 3,227.20 3,310.60 3,094.00 3,251.68 10 -- 1 0.14
Quarterly Sep 21 3,090.59 3,153.76 2,992.40 3,085.80 11 -- -- 0.09
Quarterly Dec 21 3,170.91 3,241.00 3,121.50 3,167.85 11 1 -- 0.05

Actuals - Sales

Reported Mean Estimate Surprise % Change
Annual Dec 20 11,558.90 11,459.85 0.86
Annual Dec 19 11,378.26 11,365.42 0.11
Annual Dec 18 10,772.28 10,751.35 0.19
Quarterly Jun 21 3,197.88 3,011.95 6.17
Quarterly Mar 21 3,012.99 2,943.35 2.37
Quarterly Dec 20 3,086.94 2,985.24 3.41
Quarterly Sep 20 2,912.54 2,781.78 4.70

P/E Ratios

Fiscal Year FY0 FY1 FY2
Ratios 13.01 12.05 11.38

EPS Growth Rates

Fiscal YOY FY1/FY0 FY2/FY1 FY3/FY2
Growth Rate 16.18 5.89 9.61

Copyright Refinitiv