Key Takeaways
- The iShares Core S&P U.S. Growth ETF (IUSG) has an implied analyst target price of $188.85, suggesting a potential upside of 10.66% from its recent trading price of $170.65.
- Three underlying holdings of IUSG showing significant analyst upside potential are Saia Inc (SAIA), Silicon Laboratories Inc (SLAB), and Parsons Corp (PSN).
- Analysts forecast SAIA to reach $336.26 (18.16% upside), SLAB to reach $150.67 (17.74% upside), and PSN to reach $91.11 (14.26% upside).
- Investors should conduct further research to validate current analyst targets against recent company and industry developments.
IUSG ETF Analyst Target Analysis
An analysis of the underlying holdings within iShares Core S&P U.S. Growth ETF (IUSG) reveals an important insight into its potential future valuation. By comparing the current trading price of each ETF holding against the average analyst 12-month forward target price, a weighted average implied analyst target price for the ETF itself can be computed. For IUSG, this calculated implied target price stands at $188.85 per unit.
Considering IUSG’s recent trading price of approximately $170.65 per unit, this implied target suggests a potential upside of 10.66% for the ETF. This upside is derived from the collective analyst expectations for the companies held within the ETF’s portfolio.
💡 The ETF Channel regularly analyzes a universe of ETFs to identify potential investment opportunities based on analyst price targets.
Top Performing Holdings with Upside Potential
Within the IUSG ETF’s portfolio, several individual holdings present notable potential for upside based on analyst price targets. Among these are Saia Inc (SAIA), Silicon Laboratories Inc (SLAB), and Parsons Corp (PSN).
Saia Inc (SAIA) is currently trading around $284.58 per share. However, analysts have set an average target price of $336.26, indicating an expected upside of 18.16%. This substantial difference suggests strong positive sentiment from analysts regarding SAIA’s future performance.
Similarly, Silicon Laboratories Inc (SLAB) shows considerable room for growth. With a recent share price of $127.96, the average analyst target price stands at $150.67. This translates to an anticipated upside of 17.74%, highlighting analyst confidence in SLAB’s trajectory.
📍 Parsons Corp (PSN) is the third notable holding. Analysts, on average, project a target price of $91.11 per share, which is 14.26% higher than its recent trading price of $79.74. This indicates a solid belief in PSN’s ability to appreciate in value over the next twelve months.
Analyst Price Targets Summary
The following table provides a clear overview of the current analyst target prices for IUSG and its highlighted underlying holdings:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| iShares Core S&P U.S. Growth ETF | IUSG | $170.65 | $188.85 | 10.66% |
| Saia Inc | SAIA | $284.58 | $336.26 | 18.16% |
| Silicon Laboratories Inc | SLAB | $127.96 | $150.67 | 17.74% |
| Parsons Corp | PSN | $79.74 | $91.11 | 14.26% |
Evaluating Analyst Optimism
📊 The significant potential upside indicated by analyst targets for IUSG and its components raises important questions for investors. Are these optimistic price targets well-founded, or do they represent an overly enthusiastic outlook for the next twelve months?
It is crucial for investors to investigate whether analysts have a sound basis for their projections, considering recent company performance, industry trends, and macroeconomic factors. High price targets relative to current stock prices can signal confidence in future growth, but they can also be a sign that targets have not been updated to reflect current market conditions or company-specific challenges.
⚡ These considerations underscore the importance of conducting thorough due diligence beyond the initial analyst ratings. A deeper dive into the qualitative and quantitative factors influencing these companies is essential before making any investment decisions.
Conclusion
This analysis of the iShares Core S&P U.S. Growth ETF (IUSG) highlights a potential upside of over 10% based on current analyst price targets for its holdings. Specific companies like Saia Inc, Silicon Laboratories Inc, and Parsons Corp show even greater projected growth.
Investors are encouraged to thoroughly research the justifications behind these analyst targets, considering them alongside the latest company and industry developments to make informed investment decisions.