Trying on the underlying holdings of the ETFs in our protection universe at ETF Channel, we’ve 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 Pacer Metaurus US Massive Cap Dividend Multiplier 400 ETF (Image: QDPL), we discovered that the implied analyst goal worth for the ETF based mostly upon its underlying holdings is $43.51 per unit.
With QDPL buying and selling at a current worth close to $38.83 per unit, that implies that analysts see 12.06% upside for this ETF trying via to the common analyst targets of the underlying holdings. Three of QDPL’s underlying holdings with notable upside to their analyst goal costs are Kimco Realty Corp (Image: KIM), Camden Property Belief (Image: CPT), and Real Components Co. (Image: GPC). Though KIM has traded at a current worth of $23.01/share, the common analyst goal is 13.33% greater at $26.08/share. Equally, CPT has 13.25% upside from the current share worth of $112.52 if the common analyst goal worth of $127.43/share is reached, and analysts on common predict GPC to succeed in a goal worth of $129.67/share, which is 13.13% above the current worth of $114.62. Under is a twelve month worth historical past chart evaluating the inventory efficiency of KIM, CPT, and GPC:
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 |
---|---|---|---|---|
Pacer Metaurus US Massive Cap Dividend Multiplier 400 ETF | QDPL | $38.83 | $43.51 | 12.06% |
Kimco Realty Corp | KIM | $23.01 | $26.08 | 13.33% |
Camden Property Belief | CPT | $112.52 | $127.43 | 13.25% |
Real Components Co. | GPC | $114.62 | $129.67 | 13.13% |
Are analysts justified in these targets, or overly optimistic about the place these shares can 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 trade developments? A excessive worth goal relative to a inventory’s buying and selling worth can mirror 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:
STEM shares outstanding history
USAK market cap history
ASNS YTD Return
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.