The score fell 1 point, mainly due to valuation and price changes. Price fell 1.5%, from $42.07 to $41.43.

Valuation and price changes subtracted 1.2 points. The comparison uses the same available inputs on both dates. Displayed changes are rounded to whole points.

Historical cheapness: current PE is 9× versus the full-history median of 9.2× shown in the valuation table, producing 51.5/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 45.1/100. The model applies a 0.2% earnings-growth assumption and a 10% annual return hurdle, with positive credit limited by evidence coverage and confidence.

Forward price scenarios use recent PE history separately. Recent history has a separately weighted median of 10.1× (18-month half-life). The favorable scenario uses 9.8× PE and $5 projected EPS, informed by growth, margins and earnings-quality checks. This is a model scenario, not an analyst target. A return to the full-history median is not assumed.

Business trends are strong. Over the past year: revenue +11.6%, earnings +29.5%, operating margin +2.2 percentage points. The business score is 67.7/100. Growth, margins and cash generation drive the score. Missing or older data receives less weight.

Stronger earnings and valuation could support a higher share price.

Our favorable case uses $4.96 of EPS and a 9.8× PE, suggesting a share price of about $48.38. Valuation history and outlook inform the PE.

The displayed favorable scenario is 18.1% upside, or about $48.37.

This is a scenario based on our model, not a forecast or probability.

Weaker than expected earnings could put pressure on the share price.

Our downside case uses $3.82 of EPS and a 8.6× PE, suggesting a share price of about $32.98 — 20% below today’s price. Valuation history and outlook inform the PE.

This is a scenario based on our model, not a forecast or probability.

Historical cheapness: current PE is 36.1× versus the full-history median of 43× shown in the valuation table, producing 57.4/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 61.6/100. The model applies a 36.4% earnings-growth assumption and a 10% annual return hurdle, with positive credit limited by evidence coverage and confidence.

Forward price scenarios use recent PE history separately. Recent history has a separately weighted median of 39.3× (18-month half-life). The favorable scenario uses 40.7× PE and $0.7 projected EPS, informed by growth, margins and earnings-quality checks. This is a model scenario, not an analyst target. A return to the full-history median is not assumed.

Business trends are strong. Over the past year: revenue +34.2%, earnings -3%, operating margin +5.6 percentage points. The business score is 72.9/100. Growth, margins and cash generation drive the score. Missing or older data receives less weight.

Stronger earnings and valuation could support a higher share price.

Our favorable case uses $0.71 of EPS and a 40.7× PE, suggesting a share price of about $28.81. Valuation history and outlook inform the PE.

The displayed favorable scenario is 66.3% upside, or about $28.80.

This is a scenario based on our model, not a forecast or probability.

Weaker than expected earnings could put pressure on the share price.

Our downside case uses $0.42 of EPS and a 31.8× PE, suggesting a share price of about $13.27 — 23% below today’s price. Valuation history and outlook inform the PE.

This is a scenario based on our model, not a forecast or probability.