Self Directed Investor Inc
SDI: "Empowering investors with ideas and education"
Symbol Lookup »  
Topics:>ChinaETFsEarningsEconomy>EnergyForex>GoldIncome>Lessons>IdeasTrading

  • Other news: News from PR Newswire
| More

Sum Up The Pieces: FTXL Could Be Worth $29

Mon, Jul 17, 8:54 AM ET, by ETF Channel

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 First Trust Nasdaq Semiconductor ETF (FTXL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $28.91 per unit.

Start slideshow:
10
ETFs With Most Upside To Analyst Targets

With FTXL trading at a recent price near $26.11 per unit, that means that analysts see 10.71% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of FTXL's underlying holdings with notable upside to their analyst target prices are Xperi Corp (XPER), Microsemi Corp (MSCC), and Cypress Semiconductor Corp. (CY). Although XPER has traded at a recent price of $31.50/share, the average analyst target is 62.96% higher at $51.33/share. Similarly, MSCC has 24.71% upside from the recent share price of $50.63 if the average analyst target price of $63.14/share is reached, and analysts on average are expecting CY to reach a target price of $16.43/share, which is 13.53% above the recent price of $14.47. Below is a twelve month price history chart comparing the stock performance of XPER, MSCC, and CY:

XPER, MSCC, and CY Relative Performance Chart

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
First Trust Nasdaq Semiconductor ETF FTXL $26.11 $28.91 10.71%
Xperi Corp XPER $31.50 $51.33 62.96%
Microsemi Corp MSCC $50.63 $63.14 24.71%
Cypress Semiconductor Corp. CY $14.47 $16.43 13.53%

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.

The average analyst target price data upon which this article was based, is courtesy of data provided by Zacks Investment Research via Quandl.com.
Get the latest Zacks research report on XPER FREE
Get the latest Zacks research report on MSCC FREE
Get the latest Zacks research report on CY FREE

Read the original article at ETF Channel: Sum Up The Pieces: FTXL Could Be Worth $29


SDI Glossary: "Analyst" Definition
SDI Glossary: "Channel" Definition
SDI Glossary: "price" Definition
SDI Glossary: "ETFs" Definition
This Article's Word Cloud:   Below   Corp   Cypress   FREEGet   FTXL   MSCC   Microsemi   Nasdaq   Semiconductor   Target   Trust   XPER   Xperi   Zacks   adsbygoogle   analyst   analysts   average   background   based   border   bottom   color   data   from   have   hctblstyle   holdings   implied   latest   month   padding   price   prices   recent   report   research   share   solid   stock   target   targets   that   these   trading   underlying   unit   upon   upside   which

| More

11.7% of VFH Holdings Seeing Recent Insider Buys
Mon, Jul 24, 9:44 AM ET, by ETF Channel

A look at the weighted underlying holdings of the Vanguard Financials ETF (VFH) shows an ...

TBK Crosses Above Average Analyst Target
Mon, Jul 24, 9:14 AM ET, by ETF Channel

In recent trading, shares of Triumph Bancorp Inc (TBK) have crossed above the average analyst ...

CCOI Crosses Above Average Analyst Target
Mon, Jul 24, 9:14 AM ET, by ETF Channel

In recent trading, shares of Cogent Communications Holdings, Inc. (CCOI) have crossed above the average ...

Rent-A-Center Reaches Analyst Target Price
Mon, Jul 24, 9:14 AM ET, by ETF Channel

In recent trading, shares of Rent-A-Center Inc. (RCII) have crossed above the average analyst 12-month ...

XWEB's Holdings Could Mean 11% Gain Potential
Mon, Jul 24, 8:54 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

TREX Crosses Above Average Analyst Target
Mon, Jul 24, 8:54 AM ET, by ETF Channel

In recent trading, shares of Trex Co Inc (TREX) have crossed above the average analyst ...

Implied PXI Analyst Target Price: $42
Mon, Jul 24, 8:54 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Viavi Solutions Reaches Analyst Target Price
Mon, Jul 24, 8:54 AM ET, by ETF Channel

In recent trading, shares of Viavi Solutions Inc (VIAV) have crossed above the average analyst ...

The Math Shows PXJ Can Go To $12
Mon, Jul 24, 8:54 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Ensign Group Reaches Analyst Target Price
Mon, Jul 24, 8:54 AM ET, by ETF Channel

In recent trading, shares of Ensign Group Inc (ENSG) have crossed above the average analyst ...

Why Procter & Gamble is a Top Socially Responsible Dividend Stock (PG)
Mon, Jul 24, 8:14 AM ET, by ETF Channel

Procter & Gamble Co. (PG) has been named a Top Socially Responsible Dividend Stock by ...

BKLN Makes Bullish Cross Above Critical Moving Average
Fri, Jul 21, 3:54 PM ET, by ETF Channel

In trading on Friday, shares of the PowerShares Senior Loan Portfolio ETF (BKLN) crossed above ...

NextEra Energy Moves Up In Analyst Rankings, Passing Incyte
Fri, Jul 21, 11:54 AM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

OEF, CVX, HD, MCD: ETF Outflow Alert
Fri, Jul 21, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: OEF, CVX, HD, MCD Exchange traded funds (ETFs) trade just ...

VIS, GE, NOC, EMR: Large Inflows Detected at ETF
Fri, Jul 21, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: VIS, GE, NOC, EMR Exchange traded funds (ETFs) trade just ...

Daily Technology Bull 3X Shares Experiences Big Outflow
Fri, Jul 21, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: TECL Exchange traded funds (ETFs) trade just like stocks, but ...

EEM, BABA, BIDU, JD: Large Inflows Detected at ETF
Fri, Jul 21, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: EEM, BABA, BIDU, JD Exchange traded funds (ETFs) trade just ...

iShares Short Treasury Bond ETF Experiences Big Inflow
Fri, Jul 21, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: SHV Exchange traded funds (ETFs) trade just like stocks, but ...

XLU, EXC, PCG, AEP: Large Inflows Detected at ETF
Fri, Jul 21, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: XLU, EXC, PCG, AEP Exchange traded funds (ETFs) trade just ...

EMB: Large Outflows Detected at ETF
Fri, Jul 21, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: EMB Exchange traded funds (ETFs) trade just like stocks, but ...

XLV, UNH, MRK, AMGN: Large Outflows Detected at ETF
Fri, Jul 21, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: XLV, UNH, MRK, AMGN Exchange traded funds (ETFs) trade just ...

IEMG, NTES, CTRP, YUMC: ETF Inflow Alert
Fri, Jul 21, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: IEMG, NTES, CTRP, YUMC Exchange traded funds (ETFs) trade just ...

BSV: ETF Inflow Alert
Fri, Jul 21, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: BSV Exchange traded funds (ETFs) trade just like stocks, but ...

Northwestern Reaches Analyst Target Price
Fri, Jul 21, 9:24 AM ET, by ETF Channel

In recent trading, shares of Northwestern Corp. (NWE) have crossed above the average analyst 12-month ...

OGE Crosses Above Average Analyst Target
Fri, Jul 21, 9:24 AM ET, by ETF Channel

In recent trading, shares of OGE Energy Corp. (OGE) have crossed above the average analyst ...

CMC Crosses Above Average Analyst Target
Fri, Jul 21, 9:24 AM ET, by ETF Channel

In recent trading, shares of Commercial Metals Co. (CMC) have crossed above the average analyst ...

FTXR's Holdings Imply 10% Gain Potential
Fri, Jul 21, 9:24 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Global Payments Reaches Analyst Target Price
Fri, Jul 21, 9:24 AM ET, by ETF Channel

In recent trading, shares of Global Payments Inc (GPN) have crossed above the average analyst ...

Meredith Reaches Analyst Target Price
Fri, Jul 21, 9:24 AM ET, by ETF Channel

In recent trading, shares of Meredith Corp (MDP) have crossed above the average analyst 12-month ...

ALNY Crosses Above Average Analyst Target
Fri, Jul 21, 9:14 AM ET, by ETF Channel

In recent trading, shares of Alnylam Pharmaceuticals Inc (ALNY) have crossed above the average analyst ...

Plexus Reaches Analyst Target Price
Fri, Jul 21, 9:14 AM ET, by ETF Channel

In recent trading, shares of Plexus Corp. (PLXS) have crossed above the average analyst 12-month ...

Scripps Networks Interactive Reaches Analyst Target Price
Fri, Jul 21, 9:14 AM ET, by ETF Channel

In recent trading, shares of Scripps Networks Interactive Inc (SNI) have crossed above the average ...

MLPA's Underlying Holdings Imply 15% Gain Potential
Fri, Jul 21, 8:34 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Implied XME Analyst Target Price: $36
Fri, Jul 21, 8:34 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

SPDR S&P Dividend ETF Experiences Big Outflow
Thu, Jul 20, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: SDY, TGT, O, PBCT Exchange traded funds (ETFs) trade just ...

SCPB: Large Inflows Detected at ETF
Thu, Jul 20, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: SCPB Exchange traded funds (ETFs) trade just like stocks, but ...

IYH, DHR, AET, ANTM: Large Outflows Detected at ETF
Thu, Jul 20, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: IYH, DHR, AET, ANTM Exchange traded funds (ETFs) trade just ...

ITOT, TMO, COST, BIIB: ETF Inflow Alert
Thu, Jul 20, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: ITOT, TMO, COST, BIIB Exchange traded funds (ETFs) trade just ...

WisdomTree U.S. Dividend ex-Financials Fund -- Insider Buying Index Registering 10.1%
Thu, Jul 20, 9:54 AM ET, by ETF Channel

A look at the weighted underlying holdings of the WisdomTree U.S. Dividend ex-Financials Fund (DTN) ...

Allergan Achieves #90 Analyst Rank, Surpassing Danaher
Wed, Jul 19, 11:54 AM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

DGRO, PEP, NEE, PRU: ETF Inflow Alert
Wed, Jul 19, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: DGRO, PEP, NEE, PRU Exchange traded funds (ETFs) trade just ...

HEZU: Large Inflows Detected at ETF
Wed, Jul 19, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: HEZU Exchange traded funds (ETFs) trade just like stocks, but ...

SPXL: ETF Outflow Alert
Wed, Jul 19, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: SPXL Exchange traded funds (ETFs) trade just like stocks, but ...

DVY, ETR, DTE, SRE: Large Outflows Detected at ETF
Wed, Jul 19, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: DVY, ETR, DTE, SRE Exchange traded funds (ETFs) trade just ...

IWP, PGR, ILMN, DLPH: ETF Outflow Alert
Wed, Jul 19, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: IWP, PGR, ILMN, DLPH Exchange traded funds (ETFs) trade just ...

TPVG Crosses Above Average Analyst Target
Wed, Jul 19, 8:54 AM ET, by ETF Channel

In recent trading, shares of TriplePoint Venture Growth BDC Corp (TPVG) have crossed above the ...

SunPower Reaches Analyst Target Price
Wed, Jul 19, 8:54 AM ET, by ETF Channel

In recent trading, shares of SunPower Corp (SPWR) have crossed above the average analyst 12-month ...

Exponent Reaches Analyst Target Price
Wed, Jul 19, 8:54 AM ET, by ETF Channel

In recent trading, shares of Exponent Inc. (EXPO) have crossed above the average analyst 12-month ...

TAL Education Group Reaches Analyst Target Price
Wed, Jul 19, 8:54 AM ET, by ETF Channel

In recent trading, shares of TAL Education Group (TAL) have crossed above the average analyst ...

LFUS Crosses Above Average Analyst Target
Wed, Jul 19, 8:54 AM ET, by ETF Channel

In recent trading, shares of Littelfuse, Inc. (LFUS) have crossed above the average analyst 12-month ...

  More articles:  1 2 3 4 5 6 7 next »

ABOUT US »   ADVERTISE »   CONTACT US »   TERMS OF USE & PRIVACY POLICY »

Sum Up The Pieces: FTXL Could Be Worth $29 | Self Directed Investor | Copyright © 2008 - 2017, All Rights Reserved

Any ideas and opinions presented in Self Directed Investor content are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All site visitors agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

SDI is associated with: ValueForum.com -- a subscription-based online social networking forum of serious individual investors. | MarketNewsVideo.com -- videos appearing on SDI are produced by Market News Video. | TickerTech.com -- stock quote content appearing on SDI is at least 20 minutes delayed and is powered by Ticker Technologies. | GoldStockStrategist.com -- Edited by Scott V. Nystrom, PhD, Gold Stock Strategist provides analysis on gold mining companies.