The score rose 1 point, mainly due to valuation and price changes. Price fell 0.4%, from $79.84 to $79.49. Reported EPS was unchanged, so the lower price improved valuation support.

The comparison uses the same available inputs on both dates. Displayed changes are rounded to whole points.

Historical cheapness: current PE is 15.9× versus the full-history median of 15.6× shown in the valuation table, producing 48.6/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 49.2/100. The model applies a 11.6% 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 15.6× (18-month half-life). The favorable scenario uses 16.1× PE and $6.1 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 +5.1%, earnings +15.4%, operating margin +3.9 percentage points. The business score is 65.3/100. 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 $6.06 of EPS and a 16.1× PE, suggesting a share price of about $97.47. Valuation history and outlook inform the PE.

The displayed favorable scenario is 22.2% upside, or about $97.44.

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 $4.25 of EPS and a 13.5× PE, suggesting a share price of about $57.49 — 28% below today’s price. Valuation history and outlook inform the PE.

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