Top Analyst Estimates for PKW’s Holdings

A Structural Analysis of Smart Beta Fund PKW

(Continued from Prior Part)

PKW’s top holdings moving averages

PKW’s top holdings are Home Depot (HD), Lowe’s (LOW), Time Warner (TWX), 21st Century Fox (FOXA), and O’Reilly Automotive (ORLY). HD and ORLY are trading above their 20-day and 100-day moving averages. FOXA is the worst-performing stock among PKW’s top holdings, with a negative year-to-date (or YTD) return of 11.7%. The whole of PKW’s portfolio is trading 0.9% below its 100-day moving average.

Home Depot, Lowe’s, and O’Reilly Automotive are trading 12.3%, 9.8%, and 6.8%, respectively, above their 100-day moving averages. Time Warner and 21st Century Fox are trading 2.2% and 0.89% below their respective 20-day moving averages.

The table above shows the moving averages, forward target prices, and returns of Home Depot, Lowe’s, Time Warner, 21st Century Fox, and O’Reilly Automotive.

Analyst estimates

Analysts estimate an upside of about 20.8% for Time Warner from its current levels in the next 12 months. Lowe’s, 21st Century Fox, and O’Reilly Automotive also have upside targets of 8%, 19%, and 9%, respectively, from their current levels, as per Wall Street estimates.

The trailing-12-month earnings per share (or EPS) for Home Depot, Lowe’s, Time Warner, 21st Century Fox, and O’Reilly Automotive are 4.74, 2.71, 4.43, 3.91, and 7.46, respectively.

In the next part of the series, we’ll compare the market performance of PKW with broader indexes such as the S&P 500 and the NASDAQ.

Continue to Next Part

Browse this series on Market Realist:

• Part 1 - A Must-Read Structural Analysis of PKW

• Part 3 - How Has PKW Performed in the Market in 2015?

• Part 4 - Can PKW’s Fund Flows Catch Up with QUAL’s?