Dimensional U.S. High Profitability ETF Shows Potential for Growth
Recent analysis reveals promising upside for the Dimensional U.S. High Profitability ETF (DUHP) based on its holdings.
According to data from ETF Channel, the implied analyst target price for DUHP is $38.62 per unit, significantly higher than its current trading price of $35.19. This suggests an expected upside of 9.74% for the ETF, as market analysts consider the average targets of its underlying holdings. Three noteworthy holdings with considerable upside include Albertsons Companies Inc (ACI), Ross Stores Inc (ROST), and Verizon Communications Inc (VZ). ACI is currently priced at $18.23 per share, yet analysts see the potential for a 31.31% increase to an average target of $23.94. Likewise, ROST could rise by 12.83% from its recent price of $153.84 if it hits a target price of $173.58. Finally, VZ’s average target price stands at $46.21, which represents a 10.05% upside from its recent price of $41.99. The following chart highlights the twelve-month price history of these stocks:
Here is a summary table of the current analyst target prices:
Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
---|---|---|---|---|
Dimensional US High Profitability ETF | DUHP | $35.19 | $38.62 | 9.74% |
Albertsons Companies Inc | ACI | $18.23 | $23.94 | 31.31% |
Ross Stores Inc | ROST | $153.84 | $173.58 | 12.83% |
Verizon Communications Inc | VZ | $41.99 | $46.21 | 10.05% |
This raises important questions for investors: Are analysts being realistic with their target prices, or are they overly optimistic? Examination of the analysts’ rationale behind these targets is crucial, especially in light of recent developments in company performance and industry trends. While a high target price can suggest optimism, it may also precede potential downward adjustments if the valuations do not reflect the current market situation. Investors are encouraged to conduct further research.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.