Historical cheapness: current PE is 18× versus the full-history median of 17.7× shown in the valuation table, producing 48.9/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 48.2/100. The model applies a 8.9% 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 19.3× (18-month half-life). The favorable scenario uses 19.1× PE and $4.7 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 mixed. Over the past year: revenue +12.7%, earnings +1.5%, operating margin -1.1 percentage points. Free cash flow is 15.8% of revenue. The business score is 62.4/100. 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 $4.74 of EPS and a 19.1× PE, suggesting a share price of about $90.37. Valuation history and outlook inform the PE.

The displayed favorable scenario is 24.8% upside, or about $90.34.

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 $3.38 of EPS and a 16.8× PE, suggesting a share price of about $56.93 — 21% below today’s price. Valuation history and outlook inform the PE.

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