The Q3-15 dividend is used for yield calculations. This is another sector where the fiscal and calendar years are not in sync. ACN pays dividends only twice per year - and that quirk is accounted for in the yield calculation and the dividend/EPS ratio. The change in the price, price + dividend, 2015 EPS projection and target is the change since market's close of 12-31-14. DD had a 1053 to 1000 Stock Split - and I have not adjusted some of the data (except for the dividends) for that atypical event - target changes, YTD changes - many of the stats could be 5.3% off.
| 12-31-14 | Current | Dividend | Q2-15 | Div/EPS | Percent Change | |||||||
| The_Company_Name_&_Ticker | Price | Price | /Quarter | Yield | Ratio | Price | Pr+Div | 15 EPS | Target | Div 1Yr | Div 3Yr | |
| Accenture PLC | ACN | 89.31 | 94.43 | 1.020 | 2.16 | 43% | 5.73 | 6.87 | -0.21 | 15.07 | 9.68 | 8.64 |
| Analog Devices, Inc. | ADI | 55.52 | 54.59 | 0.400 | 2.93 | 54% | -1.68 | -0.23 | 4.59 | 18.47 | 8.11 | 5.88 |
| Amphenol Corporation | APH | 53.81 | 51.94 | 0.140 | 1.08 | 23% | -3.48 | -2.69 | -1.21 | 14.99 | 12.00 | 55.56 |
| Apple Inc. | AAPL | 110.38 | 112.34 | 0.520 | 1.85 | 23% | 1.78 | 3.19 | 17.37 | 19.20 | 10.64 | 6.45 |
| Applied Materials, Inc. | AMAT | 24.92 | 15.68 | 0.100 | 2.55 | 34% | -37.08 | -36.28 | -7.75 | -17.17 | 0.00 | 0.00 |
| Automatic Data Processing | ADP | 83.37 | 77.09 | 0.490 | 2.54 | 68% | -7.53 | -6.36 | -1.37 | 7.61 | 2.08 | 4.21 |
| Broadcom Corp. | BRCM | 43.33 | 50.86 | 0.140 | 1.10 | 20% | 17.38 | 18.02 | -16.27 | 19.48 | 16.67 | 9.09 |
| Cisco Systems, Inc. | CSCO | 27.82 | 25.65 | 0.210 | 3.27 | 38% | -7.80 | -5.54 | 3.27 | 14.26 | 10.53 | 7.84 |
| International Business Machines | IBM | 160.44 | 145.05 | 1.300 | 3.58 | 33% | -9.59 | -7.97 | -6.54 | -6.44 | 18.18 | 12.28 |
| Intel Corporation | INTC | 36.29 | 28.60 | 0.240 | 3.36 | 45% | -21.19 | -19.21 | -9.28 | -6.87 | 6.67 | 2.22 |
| Microchip Technology Inc. | MCHP | 45.11 | 41.09 | 0.357 | 3.48 | 54% | -8.91 | -7.33 | 1.92 | -2.12 | 0.28 | 0.38 |
| MicroSoft Corporation | MSFT | 46.45 | 43.36 | 0.310 | 2.86 | 50% | -6.65 | -5.32 | -7.87 | 1.75 | 10.71 | 11.59 |
| Maxim Integrated Products, Inc. | MXIM | 31.87 | 32.95 | 0.300 | 3.64 | 79% | 3.39 | 5.27 | 6.29 | 19.54 | 7.14 | 8.33 |
| National Instruments Corporation | NATI | 31.09 | 28.40 | 0.190 | 2.68 | 95% | -8.65 | -6.82 | -28.57 | -1.43 | 26.67 | 11.90 |
| Oracle Corporation | ORCL | 44.97 | 36.75 | 0.150 | 1.63 | 22% | -18.28 | -17.28 | -6.42 | 6.20 | 25.00 | 8.33 |
| QUALCOMM Incorporated | QCOM | 74.33 | 55.86 | 0.480 | 3.44 | 42% | -24.85 | -23.56 | -11.52 | -10.98 | 14.29 | 12.38 |
| TE Connectivity Ltd. | TEL | 63.25 | 59.04 | 0.330 | 2.24 | 36% | -6.66 | -5.61 | -13.98 | 9.28 | 13.79 | 10.67 |
| Texas Instruments Inc. | TXN | 53.47 | 47.35 | 0.340 | 2.87 | 53% | -11.45 | -9.54 | -11.07 | 4.06 | 13.33 | 7.14 |
| Seagate Technology | STX | 66.50 | 49.77 | 0.540 | 4.34 | 47% | -25.16 | -22.72 | -12.45 | -13.16 | 25.58 | 14.04 |
| Technology Average | 2.72 | 45% | -8.98 | -7.53 | -5.32 | 4.83 | 12.18 | |||||
| 12-31-14 | Current | Dividend | Q2-15 | Div/EPS | Percent Change | |||||||
| Company | Price | Price | /Quarter | Yield | Ratio | Price | Pr+Div | 15 EPS | Target | Div 1Yr | Div 3Yr | |
| The Boeing Company | BA | 129.98 | 130.63 | 0.910 | 2.79 | 45% | 0.50 | 2.60 | -6.74 | 10.46 | 24.66 | 29.21 |
| Caterpillar Inc. | CAT | 91.53 | 76.10 | 0.770 | 4.05 | 62% | -16.86 | -14.33 | -26.05 | -22.95 | 10.00 | 9.44 |
| Deere & Company | DE | 88.47 | 80.78 | 0.600 | 2.97 | 44% | -8.69 | -6.66 | -1.45 | -0.53 | 0.00 | 5.88 |
| E. I. du Pont de Nemours & Co. | DD | 73.94 | 50.65 | 0.380 | 3.00 | 48% | -31.50 | -30.47 | -21.23 | -12.58 | -14.80 | -2.29 |
| Danaher Corp. | DHR | 85.71 | 86.28 | 0.135 | 0.63 | 13% | 0.67 | 1.14 | 1.91 | 7.19 | 35.00 | 146.67 |
| Emerson Electric Co. | EMR | 61.73 | 46.79 | 0.470 | 4.02 | 58% | -24.20 | -22.68 | -24.88 | -20.73 | 9.30 | 4.88 |
| Eaton Corporation | ETN | 67.96 | 55.57 | 0.550 | 3.96 | 50% | -18.23 | -15.80 | -11.55 | -5.31 | 12.24 | 10.32 |
| General Dynamics Corp. | GD | 137.62 | 142.45 | 0.690 | 1.94 | 31% | 3.51 | 5.01 | 6.47 | 12.15 | 11.29 | 7.74 |
| General Electric Company | GE | 25.27 | 24.57 | 0.230 | 3.74 | 71% | -2.77 | -0.04 | -26.14 | 4.09 | 4.55 | 7.02 |
| Honeywell International Inc. | HON | 99.92 | 98.01 | 0.517 | 2.11 | 34% | -1.91 | -0.88 | 0.00 | 5.99 | 15.00 | 8.74 |
| 3M Company | MMM | 164.32 | 141.24 | 1.025 | 2.90 | 52% | -14.05 | -12.80 | -4.87 | 0.06 | 19.88 | 20.47 |
| Monsanto Company | MON | 119.47 | 97.21 | 0.540 | 2.22 | 38% | -18.63 | -17.28 | -2.21 | -3.33 | 10.20 | 14.67 |
| Northrop Grumman Corp. | NOC | 147.39 | 164.61 | 0.800 | 1.94 | 33% | 11.68 | 12.77 | 7.28 | 24.34 | 14.29 | 10.38 |
| Parker-Hannifin Corp. | PH | 128.95 | 106.56 | 0.630 | 2.36 | 35% | -17.36 | -16.39 | -8.81 | -12.43 | 31.25 | 13.33 |
| Pentair PLC | PNR | 66.42 | 53.85 | 0.320 | 2.38 | 33% | -18.93 | -17.48 | -10.67 | -7.96 | 6.67 | 13.04 |
| PPG Industries Inc | PPG | 115.58 | 93.53 | 0.360 | 1.54 | 25% | -19.08 | -18.45 | 0.53 | 10.39 | 7.46 | 6.01 |
| Raytheon Company | RTN | 108.17 | 103.38 | 0.670 | 2.59 | 40% | -4.43 | -2.57 | -4.45 | 6.19 | 10.74 | 7.27 |
| United Technologies Corp. | UTX | 115.00 | 91.24 | 0.640 | 2.81 | 41% | -20.66 | -19.55 | -13.89 | -7.42 | 8.47 | 6.54 |
| Industrial Average | 2.66 | 42% | -11.16 | -9.66 | -8.15 | -0.73 | 12.01 | |||||
| Combo Average | 2.69 | 44% | -10.04 | -8.57 | -6.70 | 2.14 | 12.10 | |||||
| The SPY [S&P 500 EFT] is up -4.93% year to date. | ||||||||||||
| The SPY [S&P 500 EFT] - with unreinvested dividends - is up -3.97% year to date. | ||||||||||||
| With the 10 Treasury at 2.19% and the sector average yield on Q3 dividends at 2.69% - the spread is 92 basis points. | ||||||||||||
| * The change in the dividend is for the last twelve months and not year to date. | ||||||||||||
The Importance of EPS Revisions year to date The following companies had growing EPS estimates since the beginning of 2015: ADI, AAPL, CSCO, MCHP, MXIM, DHR, GD, NOC and PPG. Their mean price change for the year is -1.83%. Their mean total return for the year is -0.49% - and 8 of the 9 beat the sector median yearly price gain.
The following companies had decreases - but decreases of less than 5% - to the EPS estimates: ACN, APH, ADP, DE, MMM, MON and RTN. Their mean price change for the year is -7.30%. Their mean total return for the year is -5.96% - and 5 of the 7 beat the sector median yearly price gain.
The following companies had decreases to the EPS estimates of more than 5% since the beginning of 2015: AMAT, BRCM, IBM, INTC, MSFT, NATI, ORCL, QCOM, TEL, TXN, STX, BA, CAT, DD, EMR, ETN, GE, PH, PNR and UTX. Their mean price change for the year is -15.11%. Their mean total return for the year is -13.52% - and 7 of the 20 beat the sector median yearly price gain.
The Importance of Rising Price Targets year to date This part-time cynic at times believes that 'people have to be told to buy stocks - and which ones to buy'. One way to test this universe to see if the market is 'following the talking heads' is via tracking the changes in their price targets compared to the changes in price.
The following companies had more than 10% increases in their price targets since the beginning of the year: ACN, ADI, APH, AAPL, BRCM, CSCO, MXIM, BA, GD, NOC and PPG. Their mean price gain for the year is 1.09%. Their mean total return for the year is 2.41% - and 10 of the 11 beat the sector median yearly price gain.
The following companies had increases in their price targets of less than 10%: AMAT, ADP, IBM, INTC, MCHP, MSFT, NATI, ORCL, QCOM, TEL, TXN, STX, CAT, DE, DD, DHR, EMR, ETN, GE, HON, MMM, MON, PH, PNR, RTN and UTX. Their mean price change for the year is -14.75%. Their mean total return for the year is -13.23% - and 11 of the 26 beat the sector median yearly price gain.
The Importance of CAGR projections year to date The following companies had CAGR projections of 10% or more: APH, AAPL, TEL, DHR, MON and PPG. Their mean price change for the year is -7.57%. Their mean total return for the year is -6.65% - and 4 of the 6 beat the sector median yearly price gain.
The following companies had CAGR projections of less than 10% - but more than 7%: ACN, ADI, AMAT, ADP, CSCO, MCHP, NATI, QCOM, TXN, STX, BA, CAT, ETN, GD, GE, HON, MMM, NOC, PH, PNR, RTN and UTX. Their mean price change for the year is -10.31%. Their mean total return for the year is -8.7% - and 12 of the 22 beat the sector median yearly price gain.
The following companies CAGR projections of 7% or less: BRCM, IBM, INTC, MSFT, MXIM, ORCL, DE, DD and EMR. Their mean price change for the year is -11.04%. Their mean total return for the year is -9.58% - and 5 of the 9 beat the sector median yearly price gain.
Price/Earnings Ratios 9-02-15
Companies that have fiscal years that match calendar years: BRCM, IBM, INTC, NATI, TXN, CAT, DD, GD, GE, HON, MMM & UTX
| EPS / Share | % EPS Growth | Price/EPS | 15 EPS Range | YearEnd | ||||||||||||
| Co. | 2012 | 2013 | 2014 | 2015 | 2016 | 12-13 | 13-14 | 14-15 | 15-16 | 2014 | 2015 | 2016 | High | Low | Range | |
| ACN | 3.84 | 4.21 | 4.53 | 4.78 | 5.22 | 9.64 | 7.60 | 5.52 | 9.21 | 20.85 | 19.76 | 18.09 | 4.85 | 4.72 | 2.72% | Aug |
| ADI | 2.13 | 2.14 | 2.38 | 2.96 | 3.35 | 0.47 | 11.21 | 24.37 | 13.18 | 22.94 | 18.44 | 16.30 | 2.98 | 2.83 | 5.07% | Oct |
| APH | 1.74 | 1.93 | 2.25 | 2.45 | 2.73 | 10.92 | 16.58 | 8.89 | 11.43 | 23.08 | 21.20 | 19.03 | 2.48 | 2.44 | 1.63% | Dec |
| AAPL | 6.31 | 5.68 | 6.45 | 9.12 | 9.78 | -9.98 | 13.56 | 41.40 | 7.24 | 17.42 | 12.32 | 11.49 | 9.50 | 8.73 | 8.44% | Sep |
| AMAT | 0.75 | 0.59 | 1.07 | 1.19 | 1.37 | -21.33 | 81.36 | 11.21 | 15.13 | 14.65 | 13.18 | 11.45 | 1.31 | 1.19 | 10.08% | Oct |
| ADP | 2.72 | 2.89 | 2.58 | 2.89 | 3.27 | 6.25 | -10.73 | 12.02 | 13.15 | 29.88 | 26.67 | 23.57 | 3.25 | 3.33 | -2.77% | Jun |
| BRCM | 2.92 | 2.72 | 2.97 | 2.78 | 3.05 | -6.85 | 9.19 | -6.40 | 9.71 | 17.12 | 18.29 | 16.68 | 3.30 | 2.60 | 25.18% | Dec |
| CSCO | 1.85 | 2.02 | 2.06 | 2.21 | 2.31 | 9.19 | 1.98 | 7.28 | 4.52 | 12.45 | 11.61 | 11.10 | 2.43 | 2.21 | 9.95% | Jul |
| IBM | 15.25 | 16.28 | 16.53 | 15.73 | 16.12 | 6.75 | 1.54 | -4.84 | 2.48 | 8.77 | 9.22 | 9.00 | 16.16 | 15.52 | 4.07% | Dec |
| INTC | 2.13 | 1.89 | 2.31 | 2.15 | 2.32 | -11.27 | 22.22 | -6.93 | 7.91 | 12.38 | 13.30 | 12.33 | 2.37 | 1.85 | 24.19% | Dec |
| MCHP | 1.89 | 1.89 | 2.45 | 2.66 | 2.60 | 0.00 | 29.63 | 8.57 | -2.26 | 16.77 | 15.45 | 15.80 | 2.75 | 2.50 | 9.40% | Mar |
| MSFT | 2.73 | 2.65 | 2.63 | 2.46 | 2.69 | -2.93 | -0.75 | -6.46 | 9.35 | 16.49 | 17.63 | 16.12 | 3.17 | 2.46 | 28.86% | Jun |
| MXIM | 1.57 | 1.77 | 1.62 | 1.52 | 1.84 | 12.74 | -8.47 | -6.17 | 21.05 | 20.34 | 21.68 | 17.91 | 2.11 | 1.70 | 26.97% | Jun |
| NATI | 0.78 | 0.64 | 0.99 | 0.80 | 1.12 | -17.95 | 54.69 | -19.19 | 40.00 | 28.69 | 35.50 | 25.36 | 0.91 | 0.76 | 18.75% | Dec |
| ORCL | 3.71 | 2.68 | 2.87 | 2.77 | 2.71 | -27.76 | 7.09 | -3.48 | -2.17 | 12.80 | 13.27 | 13.56 | 2.91 | 2.33 | 20.94% | May |
| QCOM | 3.71 | 4.51 | 5.27 | 4.61 | 4.71 | 21.56 | 16.85 | -12.52 | 2.17 | 10.60 | 12.12 | 11.86 | 5.05 | 4.57 | 10.41% | Sep |
| TEL | 2.86 | 3.23 | 3.31 | 3.63 | 4.10 | 12.94 | 2.48 | 9.67 | 12.95 | 17.84 | 16.26 | 14.40 | 3.78 | 3.65 | 3.58% | Sep |
| TXN | 1.64 | 1.91 | 2.50 | 2.57 | 2.84 | 16.46 | 30.89 | 2.80 | 10.51 | 18.94 | 18.42 | 16.67 | 2.88 | 2.58 | 11.67% | Dec |
| STX | 6.75 | 5.31 | 5.04 | 4.57 | 4.44 | -21.33 | -5.08 | -9.33 | -2.84 | 9.88 | 10.89 | 11.21 | 5.10 | 3.76 | 29.32% | Jun |
| Tech Average | -0.66 | 14.83 | 2.82 | 9.62 | 17.47 | 17.12 | 15.36 | |||||||||
| BA | 5.88 | 7.07 | 8.38 | 8.03 | 9.31 | 20.24 | 18.53 | -4.18 | 15.94 | 15.59 | 16.27 | 14.03 | 8.86 | 8.19 | 8.34% | Dec |
| CAT | 8.90 | 5.79 | 6.38 | 4.94 | 4.55 | -34.94 | 10.19 | -22.57 | -7.89 | 11.93 | 15.40 | 16.73 | 5.25 | 4.64 | 12.35% | Dec |
| DE | 7.63 | 9.09 | 8.63 | 5.44 | 4.66 | 19.13 | -5.06 | -36.96 | -14.34 | 9.36 | 14.85 | 17.33 | 5.90 | 5.35 | 10.11% | Oct |
| DD | 3.33 | 3.88 | 4.01 | 3.19 | 3.56 | 16.52 | 3.35 | -20.45 | 11.60 | 12.63 | 15.88 | 14.23 | 4.10 | 3.42 | 21.32% | Dec |
| DHR | 2.83 | 3.42 | 3.75 | 4.26 | 4.81 | 20.85 | 9.65 | 13.60 | 12.91 | 23.01 | 20.25 | 17.94 | 4.36 | 4.23 | 3.05% | Dec |
| EMR | 3.39 | 3.54 | 3.75 | 3.23 | 3.34 | 4.42 | 5.93 | -13.87 | 3.41 | 12.48 | 14.49 | 14.01 | 3.60 | 3.21 | 12.07% | Dec |
| ETN | 3.94 | 4.13 | 4.68 | 4.44 | 5.01 | 4.82 | 13.32 | -5.13 | 12.84 | 11.87 | 12.52 | 11.09 | 4.88 | 4.65 | 5.18% | Dec |
| GD | 6.48 | 7.03 | 7.77 | 8.89 | 9.54 | 8.49 | 10.53 | 14.41 | 7.31 | 18.33 | 16.02 | 14.93 | 8.80 | 8.34 | 5.17% | Dec |
| GE | 1.52 | 1.64 | 1.65 | 1.30 | 1.54 | 7.89 | 0.61 | -21.21 | 18.46 | 14.89 | 18.90 | 15.95 | 1.32 | 1.26 | 4.62% | Dec |
| HON | 4.48 | 4.97 | 5.56 | 6.11 | 6.69 | 10.94 | 11.87 | 9.89 | 9.49 | 17.63 | 16.04 | 14.65 | 6.15 | 6.00 | 2.45% | Dec |
| MMM | 6.32 | 6.72 | 7.49 | 7.81 | 8.65 | 6.33 | 11.46 | 4.27 | 10.76 | 18.86 | 18.08 | 16.33 | 8.05 | 7.83 | 2.82% | Dec |
| MON | 3.70 | 4.56 | 5.23 | 5.76 | 6.40 | 23.24 | 14.69 | 10.13 | 11.11 | 18.59 | 16.88 | 15.19 | 5.85 | 5.68 | 2.95% | Aug |
| NOC | 7.81 | 8.35 | 9.57 | 9.72 | 10.89 | 6.91 | 14.61 | 1.57 | 12.04 | 17.20 | 16.94 | 15.12 | 9.85 | 9.40 | 4.63% | Dec |
| PH | 7.45 | 6.26 | 6.45 | 7.25 | 6.97 | -15.97 | 3.04 | 12.40 | -3.86 | 16.52 | 14.70 | 15.29 | 7.55 | 6.55 | 13.79% | Jun |
| PNR | 2.39 | 3.21 | 3.78 | 3.85 | 4.17 | 34.31 | 17.76 | 1.85 | 8.31 | 14.25 | 13.99 | 12.91 | 3.81 | 3.56 | 6.49% | Dec |
| PPG | 3.22 | 4.14 | 4.88 | 5.73 | 6.52 | 28.57 | 17.87 | 17.42 | 13.79 | 19.17 | 16.32 | 14.35 | 5.90 | 5.55 | 6.11% | Dec |
| RTN | 5.65 | 5.96 | 6.97 | 6.66 | 7.03 | 5.49 | 16.95 | -4.45 | 5.56 | 14.83 | 15.52 | 14.71 | 6.97 | 6.70 | 4.05% | Dec |
| UTX | 5.35 | 6.21 | 6.82 | 6.20 | 6.80 | 16.07 | 9.82 | -9.09 | 9.68 | 13.38 | 14.72 | 13.42 | 7.09 | 6.83 | 4.19% | Dec |
| Ind Average | 10.78 | 10.89 | -3.08 | 8.06 | 16.50 | 16.93 | 15.78 | |||||||||
| Combo Average | 4.75 | 12.97 | 0.11 | 8.88 | 17.01 | 17.03 | 15.56 | |||||||||