Analysts Anticipate 15% Gains Ahead For The Holdings of VIOO

The Vanguard S&P Small-Cap 600 ETF (VIOO) exhibits an implied analyst target price of $127.16, indicating a 14.63% potential upside from its current $110.93 trading price, derived from the weighted average of its underlying holdings' analyst targets. Notably, Axos Financial Inc (AX), California Resources Corp (CRC), and Addus HomeCare Corp (ADUS) are highlighted as key contributors, each showing over 23% implied upside to their individual analyst targets. While these figures suggest significant growth potential, the analysis cautions investors to conduct further due diligence on the justification and timeliness of these analyst projections.

Analysis

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Vanguard S&P Small-Cap 600 ETF (Symbol: VIOO), we found that the implied analyst target price for the ETF based upon its underlying holdings is $127.16 per unit. With VIOO trading at a recent price near $110.93 per unit, that means that analysts see 14.63% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of VIOO's underlying holdings with notable upside to their analyst target prices are Axos Financial Inc (Symbol: AX), California Resources Corp (Symbol: CRC), and Addus HomeCare Corp (Symbol: ADUS). Although AX has traded at a recent price of $83.46/share, the average analyst target is 24.01% higher at $103.50/share. Similarly, CRC has 23.69% upside from the recent share price of $53.36 if the average analyst target price of $66.00/share is reached, and analysts on average are expecting ADUS to reach a target price of $141.17/share, which is 23.54% above the recent price of $114.27. Below is a twelve month price history chart comparing the stock performance of AX, CRC, and ADUS: Below is a summary table of the current analyst target prices discussed above: | Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target | |---|---|---|---|---| | Vanguard S&P Small-Cap 600 ETF | VIOO | $110.93 | $127.16 | 14.63% | | Axos Financial Inc | AX | $83.46 | $103.50 | 24.01% | | California Resources Corp | CRC | $53.36 | $66.00 | 23.69% | | Addus HomeCare Corp | ADUS | $114.27 | $141.17 | 23.54% | Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » Also see: FLKS YTD Return Top Ten Hedge Funds Holding BNT LTRX Options Chain The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The Vanguard S&P Small-Cap 600 ETF (VIOO) exhibits a weighted average implied analyst 12-month target price of $127.16, representing a 14.63% potential upside from its recent trading price of $110.93. This projection is derived from the average analyst targets of its underlying holdings. The general sentiment is moderately positive, with a cautious tone. Several key underlying holdings contribute significantly to this implied upside, notably Axos Financial Inc (AX), California Resources Corp (CRC), and Addus HomeCare Corp (ADUS). AX exhibits a 24.01% upside to its average analyst target of $103.50, while CRC and ADUS show 23.69% and 23.54% potential gains to their respective targets of $66.00 and $141.17. These individual stock targets are notably higher than the ETF's overall implied upside. Despite the significant implied upsides, the analysis introduces a cautious tone regarding the justification and timeliness of these analyst targets. The article questions whether these targets are overly optimistic or potentially outdated, suggesting they could be precursors to downgrades if not reflective of current company and industry developments. This highlights the necessity for further investor research beyond reported target prices.

Key Decisions for Investors

• Investors should note the reported 14.63% implied upside for VIOO and over 23% for key holdings like AX, CRC, and ADUS, based on average analyst 12-month target prices.
• Conduct thorough due diligence on the fundamental drivers and recent developments for VIOO and its top-upside constituents, as analyst targets may be outdated or overly optimistic.
• Monitor for any potential analyst target price downgrades, particularly for stocks where current targets might be relics of past market conditions or company performance.