Wanting on the underlying holdings of the ETFs in our protection universe at ETF Channel, now we have in contrast the buying and selling worth of every holding in opposition to the common analyst 12-month ahead goal worth, and computed the weighted common implied analyst goal worth for the ETF itself. For the Vanguard Russell 1000 Progress ETF (Image: VONG), we discovered that the implied analyst goal worth for the ETF primarily based upon its underlying holdings is $116.78 per unit.
With VONG buying and selling at a current worth close to $103.79 per unit, that implies that analysts see 12.51% 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 Vibrant Horizons Household Options, Inc (Image: BFAM), Bentley Methods Inc (Image: BSY), and UiPath Inc (Image: PATH). Though BFAM has traded at a current worth of $105.03/share, the common analyst goal is 33.20% greater at $139.90/share. Equally, BSY has 27.17% upside from the current share worth of $47.18 if the common analyst goal worth of $60.00/share is reached, and analysts on common predict PATH to achieve a goal worth of $15.50/share, which is nineteen.51% above the current worth of $12.97. Under is a twelve month worth historical past chart evaluating the inventory efficiency of BFAM, BSY, and PATH:
Under is a abstract desk of the present analyst goal costs mentioned above:
| Identify | Image | Latest Value | Avg. Analyst 12-Mo. Goal | % Upside to Goal |
|---|---|---|---|---|
| Vanguard Russell 1000 Progress ETF | VONG | $103.79 | $116.78 | 12.51% |
| Vibrant Horizons Household Options, Inc | BFAM | $105.03 | $139.90 | 33.20% |
| Bentley Methods Inc | BSY | $47.18 | $60.00 | 27.17% |
| UiPath Inc | PATH | $12.97 | $15.50 | 19.51% |
Are analysts justified in these targets, or overly optimistic about the place these shares shall 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 current firm and business developments? A excessive worth goal relative to a inventory’s buying and selling worth can mirror optimism in regards to the future, however may also be a precursor to focus on worth downgrades if the targets have been a relic of the previous. These are questions that require additional investor analysis.
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Additionally see:
Funds Holding GXC
Agilent Technologies shares outstanding history
ETFs Holding WETF
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
