Analyst Targets Highlight Potential Upside for Vanguard S&P Small-Cap 600 ETF
At ETF Channel, we’ve analyzed the underlying assets of the ETFs in our coverage. By comparing the trading prices of these holdings with the average 12-month forward target prices provided by analysts, we’ve calculated the weighted average implied target price for the Vanguard S&P Small-Cap 600 ETF (Symbol: VIOO). Our findings reveal an implied target price of $126.17 per unit for VIOO.
Given that VIOO is currently trading around $98.19 per unit, analysts project a substantial upside of 28.50% based on the average targets of its underlying holdings. Notably, three holdings within VIOO show significant potential for growth: Mativ Inc (Symbol: MATV), SiTime Corp (Symbol: SITM), and Rogers Corp. (Symbol: ROG). While MATV’s recent trading price is $6.35 per share, the average analyst target stands at $13.00 per share—a remarkable 104.72% increase. Similarly, SITM, currently priced at $158.41, is expected to rise 56.77% to an average target of $248.33 per share. Additionally, ROG, trading at $69.49, has a target price of $107.50, indicating an expected increase of 54.70%.
Below is a twelve-month price history chart displaying the performance of MATV, SITM, and ROG:
A summary table of the current analyst target prices is presented below:
Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
---|---|---|---|---|
Vanguard S&P Small-Cap 600 ETF | VIOO | $98.19 | $126.17 | 28.50% |
Mativ Inc | MATV | $6.35 | $13.00 | 104.72% |
SiTime Corp | SITM | $158.41 | $248.33 | 56.77% |
Rogers Corp. | ROG | $69.49 | $107.50 | 54.70% |
The key questions remain: Are analysts justified in their price targets, or are they overly optimistic? Do these target prices accurately reflect current trends in company and industry developments, or are they outdated? A high target price relative to a stock’s recent trading price can indicate optimism about future performance. Yet, it may also signal potential target price downgrades if those targets stem from past evaluations. Investors are encouraged to conduct thorough research to assess these dynamics.
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The views and opinions expressed herein belong to the author and do not necessarily reflect those of Nasdaq, Inc.