Historical cheapness: current PE is 17.5× versus the full-history median of 16.1× shown in the valuation table, producing 44/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 49/100. The model applies a 21.7% 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 14.9× (18-month half-life). The favorable scenario uses 16.5× PE and $6.7 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 weak. Over the past year: revenue -7.2%, earnings -21.5%, operating margin -3.2 percentage points. Free cash flow is 11% of revenue. The business score is 39.2/100. 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 $6.68 of EPS and a 16.5× PE, suggesting a share price of about $109.98. Valuation history and outlook inform the PE.

The displayed favorable scenario is 23.8% upside, or about $110.00.

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 $4.34 of EPS and a 13.1× PE, suggesting a share price of about $56.67 — 36% below today’s price. Valuation history and outlook inform the PE.

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