First Call Estimates

Stock Information

Price (Prev Close): 88.71
Price - 52 Week High: 157.71
Price - 52 Week Low: 65.73
Price Date (Latest): 4/2/20
Median Price Target: 142.40
Diff from Prev Close: 53.69
% Difference: 60.52

Analyst Ratings

Mean Recommendation:

2.29

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Last Actual (FY0): 9.99
FY0 End Date: 12/1/19
Ind. Annual Div: 0.80
Hist (5 Yr) Growth %: 10.98
Yield (%): 0.90

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 13.46 18.69 12.08 12.46 6 -- 1 -0.01
Annual 12/1/21 11.65 12.64 10.73 11.60 15 -- 1 -0.30
Annual 12/1/20 10.66 11.03 10.16 10.65 15 -- 3 -0.52
Quarterly 3/1/20 2.76 2.85 2.66 2.73 15 -- 1 --
Quarterly 6/1/20 2.77 2.92 2.58 2.78 15 -- 2 -0.67
Quarterly 9/1/20 2.31 2.43 2.18 2.32 15 1 -- --
Quarterly 12/1/20 2.86 3.14 2.70 2.86 15 1 -- --
Long Term Growth 10.82 23.11 5.50 7.34 4 -- -- 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 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
Quarterly 3/1/19 2.45 2.62 -6.44

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 82.74 93.39 76.65 78.19 3 -- 1 -0.44
Annual 12/1/21 73.48 82.16 69.21 71.28 4 -- 1 -0.37
Annual 12/1/20 67.78 72.88 64.92 66.66 4 -- 1 -0.20

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 22.43 27.13 20.08 20.09 3 -- 1 -0.24
Annual 12/1/21 18.68 19.94 18.03 18.34 5 1 1 1.03
Annual 12/1/20 17.08 17.55 16.45 17.09 5 1 1 1.20
Quarterly 3/1/20 4.63 5.06 4.19 4.63 2 1 -- 10.78
Quarterly 6/1/20 3.56 4.28 2.84 3.56 2 -- 1 -13.80
Quarterly 9/1/20 4.07 4.43 3.71 4.07 2 1 -- 19.88
Quarterly 12/1/20 4.33 4.38 4.27 4.33 2 1 -- 2.73

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 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
Quarterly 3/1/19 4.30 4.02 7.10

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 0.65 0.98 -- 0.80 4 -- -- --
Annual 12/1/21 0.58 0.89 -- 0.80 7 -- -- --
Annual 12/1/20 0.67 0.83 0.40 0.80 6 -- -- --
Quarterly 3/1/20 0.17 0.20 0.10 0.20 3 -- -- --
Quarterly 6/1/20 0.17 0.21 0.10 0.20 3 -- -- --
Quarterly 9/1/20 0.17 0.21 0.10 0.20 3 -- -- --
Quarterly 12/1/20 0.17 0.21 0.10 0.20 3 -- -- --

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 --
Quarterly 3/1/19 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 1,596.94 1,955.20 1,487.00 1,508.08 5 1 -- 0.01
Annual 12/1/21 1,437.08 1,515.00 1,361.00 1,441.14 12 -- 1 -0.34
Annual 12/1/20 1,360.74 1,419.00 1,310.34 1,360.53 11 -- 1 -0.77
Quarterly 3/1/20 354.64 366.90 343.13 353.71 9 -- 1 -0.37
Quarterly 6/1/20 353.59 371.20 326.10 356.81 9 -- 1 -0.44
Quarterly 9/1/20 297.18 316.10 271.00 300.47 9 -- 1 -0.96
Quarterly 12/1/20 354.62 371.60 334.15 356.25 9 -- 1 -0.34

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
Quarterly 3/1/19 353.44 359.67 -1.73

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 2,127.60 2,495.10 1,967.20 2,058.98 5 1 -- 0.01
Annual 12/1/21 1,961.80 2,084.70 1,903.72 1,960.50 16 -- 2 -0.44
Annual 12/1/20 1,871.67 1,931.60 1,827.87 1,870.69 15 -- 3 -0.34
Quarterly 3/1/20 479.53 486.90 471.78 479.92 14 -- 2 -0.43
Quarterly 6/1/20 483.00 505.00 457.00 484.54 14 -- 2 -0.33
Quarterly 9/1/20 420.24 449.60 360.00 428.20 14 -- 2 -0.26
Quarterly 12/1/20 489.01 512.80 465.26 490.04 14 -- 2 -0.39

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 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
Quarterly 3/1/19 457.25 478.23 -4.39

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 13.61 18.69 12.08 12.42 5 -- 1 -0.01
Annual 12/1/21 11.66 12.64 10.73 11.59 10 -- 1 -0.44
Annual 12/1/20 10.64 11.21 10.13 10.67 10 -- 1 -0.51
Quarterly 3/1/20 2.73 2.83 2.60 2.72 7 -- -- --
Quarterly 6/1/20 2.78 2.92 2.58 2.78 7 -- -- --
Quarterly 9/1/20 2.29 2.42 2.08 2.33 7 -- -- --
Quarterly 12/1/20 2.81 2.96 2.70 2.75 7 -- -- --

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 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
Quarterly 3/1/19 2.57 2.62 -2.05

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 3,861.80 4,768.50 2,953.00 3,863.91 3 1 -- 7.02
Annual 12/1/21 4,118.08 4,672.40 3,499.00 4,123.25 6 1 -- 2.57
Annual 12/1/20 4,116.94 4,474.00 3,832.00 4,133.83 6 1 -- 1.88
Quarterly 3/1/20 3,937.90 3,937.90 3,937.90 3,937.90 1 -- -- --
Quarterly 6/1/20 3,928.60 3,928.60 3,928.60 3,928.60 1 -- -- --
Quarterly 9/1/20 3,870.80 3,870.80 3,870.80 3,870.80 1 -- -- --
Quarterly 12/1/20 3,832.00 3,832.00 3,832.00 3,832.00 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 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
Quarterly 3/1/19 3,831.20 3,804.80 0.69

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 1,057.05 1,328.30 969.00 997.00 5 -- -- --
Annual 12/1/21 961.25 1,019.00 901.00 958.80 13 -- 1 -0.34
Annual 12/1/20 909.58 932.31 869.00 911.75 12 -- 1 -0.85
Quarterly 3/1/20 237.61 245.60 232.90 236.11 9 -- 1 0.07
Quarterly 6/1/20 237.67 245.80 221.10 239.26 9 -- 1 -0.04
Quarterly 9/1/20 193.00 206.60 173.00 194.90 9 -- 1 -2.00
Quarterly 12/1/20 237.83 266.12 225.15 235.00 9 -- 1 -0.37

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 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
Quarterly 3/1/19 223.26 239.03 -6.60

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 12/1/20 -- -- -- -- -- -- -- --
Quarterly 9/1/20 -- -- -- -- -- -- -- --
Quarterly 6/1/20 -- -- -- -- -- -- -- --
Quarterly 3/1/20 -- -- -- -- -- -- -- --

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 18.19 24.20 13.70 16.66 3 -- -- 0.37
Annual 12/1/21 16.20 17.90 13.70 16.50 5 -- -- -0.61
Annual 12/1/20 16.09 16.80 14.70 16.46 5 -- -- -0.98
Quarterly 3/1/20 17.40 17.40 17.40 17.40 1 -- -- --
Quarterly 6/1/20 15.50 15.50 15.50 15.50 1 -- -- --
Quarterly 9/1/20 13.70 13.70 13.70 13.70 1 -- -- --
Quarterly 12/1/20 16.90 16.90 16.90 16.90 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 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
Quarterly 3/1/19 16.43 17.10 -0.67

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 13,061.07 13,190.07 12,787.00 13,103.51 5 -- 1 -0.08
Annual 12/1/21 12,550.31 12,752.87 12,338.30 12,567.35 14 -- 2 -0.03
Annual 12/1/20 11,976.24 12,047.08 11,859.00 11,976.00 13 -- 2 0.00
Quarterly 3/1/20 2,957.57 3,007.60 2,937.27 2,955.52 12 -- 1 -0.04
Quarterly 6/1/20 2,992.32 3,017.89 2,947.00 2,995.66 12 -- 2 -0.26
Quarterly 9/1/20 2,965.61 2,988.84 2,907.00 2,968.14 12 -- 2 -0.13
Quarterly 12/1/20 3,054.02 3,084.87 3,002.30 3,056.13 12 -- 1 0.00

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 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
Quarterly 3/1/19 2,804.39 2,815.38 -0.39

P/E Ratios

Fiscal Year FY0 FY1 FY2
Ratios 8.88 8.33 7.61

EPS Growth Rates

Fiscal YOY FY1/FY0 FY2/FY1 FY3/FY2
Growth Rate 8.95 9.33 15.54

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