Wanting on the underlying holdings of the ETFs in our protection universe at ETF Channel, we have now in contrast the buying and selling worth of every holding in opposition to the typical analyst 12-month ahead goal worth, and computed the weighted common implied analyst goal worth for the ETF itself. For the Vanguard Excessive Dividend Yield ETF (Image: VYM), we discovered that the implied analyst goal worth for the ETF primarily based upon its underlying holdings is $147.43 per unit.
With VYM buying and selling at a current worth close to $126.37 per unit, that signifies that analysts see 16.67% upside for this ETF trying by means of to the typical analyst targets of the underlying holdings. Three of VYM’s underlying holdings with notable upside to their analyst goal costs are Sandy Spring Bancorp Inc (Image: SASR), Neighborhood Monetary System Inc (Image: CBU), and Ardagh Steel Packaging SA (Image: AMBP). Though SASR has traded at a current worth of $28.70/share, the typical analyst goal is 28.92% greater at $37.00/share. Equally, CBU has 27.20% upside from the current share worth of $56.08 if the typical analyst goal worth of $71.33/share is reached, and analysts on common predict AMBP to achieve a goal worth of $3.41/share, which is 25.51% above the current worth of $2.72. Beneath is a twelve month worth historical past chart evaluating the inventory efficiency of SASR, CBU, and AMBP:
Beneath is a abstract desk of the present analyst goal costs mentioned above:
| Title | Image | Current Worth | Avg. Analyst 12-Mo. Goal | % Upside to Goal |
|---|---|---|---|---|
| Vanguard Excessive Dividend Yield ETF | VYM | $126.37 | $147.43 | 16.67% |
| Sandy Spring Bancorp Inc | SASR | $28.70 | $37.00 | 28.92% |
| Neighborhood Monetary System Inc | CBU | $56.08 | $71.33 | 27.20% |
| Ardagh Steel Packaging SA | AMBP | $2.72 | $3.41 | 25.51% |
Are analysts justified in these targets, or overly optimistic about the place these shares will probably be buying and selling 12 months from now? Do the analysts have a sound justification for his or her targets, or are they behind the curve on current firm and trade developments? A excessive worth goal relative to a inventory’s buying and selling worth can replicate optimism concerning 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:
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
