Trying on the underlying holdings of the ETFs in our protection universe at ETF Channel, now we have in contrast the buying and selling value of every holding towards the common analyst 12-month ahead goal value, and computed the weighted common implied analyst goal value for the ETF itself. For the Vanguard Russell 1000 Development ETF (Image: VONG), we discovered that the implied analyst goal value for the ETF based mostly upon its underlying holdings is $112.34 per unit.
With VONG buying and selling at a latest value close to $102.45 per unit, that implies that analysts see 9.65% upside for this ETF trying via to the common analyst targets of the underlying holdings. Three of VONG’s underlying holdings with notable upside to their analyst goal costs are Nexstar Media Group Inc (Image: NXST), Churchill Downs, Inc. (Image: CHDN), and Dick’s Sporting Items, Inc (Image: DKS). Though NXST has traded at a latest value of $170.29/share, the common analyst goal is 17.67% greater at $200.38/share. Equally, CHDN has 16.18% upside from the latest share value of $139.70 if the common analyst goal value of $162.30/share is reached, and analysts on common expect DKS to succeed in a goal value of $245.80/share, which is 15.82% above the latest value of $212.22. Under is a twelve month value historical past chart evaluating the inventory efficiency of NXST, CHDN, and DKS:
Under is a abstract desk of the present analyst goal costs mentioned above:
| Title | Image | Latest Value | Avg. Analyst 12-Mo. Goal | % Upside to Goal |
|---|---|---|---|---|
| Vanguard Russell 1000 Development ETF | VONG | $102.45 | $112.34 | 9.65% |
| Nexstar Media Group Inc | NXST | $170.29 | $200.38 | 17.67% |
| Churchill Downs, Inc. | CHDN | $139.70 | $162.30 | 16.18% |
| Dick’s Sporting Items, Inc | DKS | $212.22 | $245.80 | 15.82% |
Are analysts justified in these targets, or overly optimistic about the place these shares might be buying and selling 12 months from now? Do the analysts have a legitimate justification for his or her targets, or are they behind the curve on latest firm and business developments? A excessive value goal relative to a inventory’s buying and selling value can replicate optimism concerning the future, however can be a precursor to focus on value downgrades if the targets had been a relic of the previous. These are questions that require additional investor analysis.
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Additionally see:
AAOI Historical Stock Prices
FICO shares outstanding history
NAV Price Target
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
