First Call Estimates

Stock Information

Price (Prev Close): 143.72
Price - 52 Week High: 157.71
Price - 52 Week Low: 112.79
Price Date (Latest): 12/9/19
Median Price Target: 157.18
Diff from Prev Close: 13.46
% Difference: 9.36

Analyst Ratings

Mean Recommendation:

2.22

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 9.53
FY0 End Date: 12/1/18
Ind. Annual Div: 0.80
Hist (5 Yr) Growth %: 9.91
Yield (%): 0.56

Analyst Forecasts - Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual 12/1/21 11.69 12.48 10.86 11.66 14 -- 1 -0.27
Annual 12/1/20 10.76 11.21 10.31 10.77 16 -- 1 -0.23
Annual 12/1/19 9.80 9.97 9.65 9.79 14 -- 1 -0.33
Long Term Growth 6.97 9.37 5.50 6.51 4 -- -- 0.00

Actuals - Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 9.53 -- --
Annual 12/1/17 7.53 -- --
Annual 12/1/16 7.32 -- --

Reference Information - Book Value Per Share

Last Actual (FY0): 59.00
FY0 End Date: 12/1/18
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 12/1/21 73.83 81.30 67.20 73.40 4 -- 1 -0.80
Annual 12/1/20 67.49 72.38 63.87 66.85 4 -- 1 -0.70
Annual 12/1/19 61.78 63.15 59.81 62.09 4 -- 1 -0.56

Actuals - Book Value Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 59.00 -- --
Annual 12/1/17 58.10 -- --
Annual 12/1/16 50.55 -- --

Reference Information - Cash Flow Per Share

Last Actual (FY0): 14.30
FY0 End Date: 12/1/18
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 12/1/21 18.63 20.00 17.84 18.35 4 -- 1 -0.74
Annual 12/1/20 16.79 17.54 15.53 17.10 5 -- 1 -0.54
Annual 12/1/19 15.21 15.77 15.04 15.09 5 -- 1 -0.14

Actuals - Cash Flow Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 14.30 -- --
Annual 12/1/17 12.28 -- --
Annual 12/1/16 13.10 -- --

Reference Information - Dividend Per Share

Last Actual (FY0): 0.40
FY0 End Date: 12/1/18
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 12/1/21 0.53 0.80 -- 0.49 7 -- -- --
Annual 12/1/20 0.64 0.80 0.40 0.80 7 -- -- --
Annual 12/1/19 0.53 0.60 0.40 0.60 7 -- -- --

Actuals - Dividend Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 0.40 -- --
Annual 12/1/17 0.40 -- --
Annual 12/1/16 0.40 -- --

Reference Information - EBIT

Last Actual (FY0): 1,326.90
FY0 End Date: 12/1/18
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 12/1/21 1,476.95 1,557.30 1,381.00 1,462.93 12 -- 1 -0.28
Annual 12/1/20 1,397.26 1,472.08 1,346.40 1,386.37 13 -- 1 -0.26
Annual 12/1/19 1,317.73 1,373.15 1,228.45 1,320.17 12 -- 1 -0.27

Actuals - EBIT

Reported Mean Estimate Surprise % Change
Annual 12/1/18 1,326.90 -- --
Annual 12/1/17 1,258.08 -- --
Annual 12/1/16 1,276.07 -- --

Reference Information - EBITDA

Last Actual (FY0): 1,761.77
FY0 End Date: 12/1/18
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 12/1/21 1,988.58 2,084.70 1,928.00 1,971.92 13 -- 1 -0.18
Annual 12/1/20 1,893.49 1,957.40 1,858.00 1,880.00 17 -- 2 -0.30
Annual 12/1/19 1,807.13 1,859.92 1,782.52 1,806.00 17 -- 2 -0.29

Actuals - EBITDA

Reported Mean Estimate Surprise % Change
Annual 12/1/18 1,761.77 -- --
Annual 12/1/17 1,708.71 -- --
Annual 12/1/16 1,698.02 -- --

Reference Information - GAAP Earnings Per Share

Last Actual (FY0): 8.31
FY0 End Date: 12/1/18
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 12/1/21 11.79 12.48 10.86 11.79 8 -- 1 -0.46
Annual 12/1/20 10.79 11.56 10.23 10.79 11 -- 1 -0.33
Annual 12/1/19 9.30 10.32 8.78 8.94 9 -- 1 -0.54

Actuals - GAAP Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual 12/1/18 8.31 -- --
Annual 12/1/17 7.81 -- --
Annual 12/1/16 7.14 -- --

Reference Information - Net Debt

Last Actual (FY0): 3,893.41
FY0 End Date: 12/1/18
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 12/1/21 3,832.05 4,820.70 2,847.00 3,877.97 6 1 -- 0.25
Annual 12/1/20 3,880.90 4,354.60 3,347.00 3,920.26 7 1 -- 0.10
Annual 12/1/19 3,974.52 4,112.26 3,846.00 3,970.00 7 1 -- 0.01

Actuals - Net Debt

Reported Mean Estimate Surprise % Change
Annual 12/1/18 3,893.41 -- --
Annual 12/1/17 3,965.59 -- --
Annual 12/1/16 4,102.38 -- --

Reference Information - Net Income

Last Actual (FY0): 894.35
FY0 End Date: 12/1/18
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 12/1/21 982.51 1,021.90 913.00 984.70 13 -- 1 -0.26
Annual 12/1/20 929.18 965.56 888.00 925.80 15 -- 1 -0.22
Annual 12/1/19 870.65 901.56 797.10 870.39 12 -- 1 -0.37

Actuals - Net Income

Reported Mean Estimate Surprise % Change
Annual 12/1/18 894.35 -- --
Annual 12/1/17 725.46 -- --
Annual 12/1/16 720.24 -- --

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 12/1/21 -- -- -- -- -- -- -- --
Annual 12/1/20 -- -- -- -- -- -- -- --
Annual 12/1/19 -- -- -- -- -- -- -- --

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): 17.23
FY0 End Date: 12/1/18
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 12/1/21 16.24 18.20 14.00 16.21 5 -- -- -0.11
Annual 12/1/20 16.33 17.10 15.00 16.30 5 -- -- -0.18
Annual 12/1/19 15.92 16.22 15.76 15.90 6 -- -- -0.56

Actuals - Return On Equity

Reported Mean Estimate Surprise % Change
Annual 12/1/18 17.23 -- --
Annual 12/1/17 15.24 -- --
Annual 12/1/16 16.40 -- --

Reference Information - Sales

Last Actual (FY0): 10,772.28
FY0 End Date: 12/1/18
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 12/1/21 12,412.09 12,756.84 12,117.70 12,408.10 13 1 -- 0.01
Annual 12/1/20 11,869.97 12,058.00 11,680.90 11,880.50 15 1 -- 0.01
Annual 12/1/19 11,367.73 11,412.80 11,310.17 11,370.00 15 1 -- 0.05

Actuals - Sales

Reported Mean Estimate Surprise % Change
Annual 12/1/18 10,772.28 -- --
Annual 12/1/17 10,409.87 -- --
Annual 12/1/16 9,766.21 -- --

P/E Ratios

Fiscal Year FY0 FY1 FY2
Ratios 15.08 14.67 13.35

EPS Growth Rates

Fiscal YOY FY1/FY0 FY2/FY1 FY3/FY2
Growth Rate 9.85 8.65

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