AltShares Merger Arbitrage ETF Rating

$26.72
+0.03 (+0.11%)
(As of 04/26/2024 ET)

AltShares Merger Arbitrage ETF Aggregate Rating and Price Target (2024)

MarketBeat calculates the aggregate rating and price target for an ETF by considering the weight of each stock in its portfolio. These ratings and price targets are based on the most recent ratings given by Wall Street analysts over the past year. The aggregate rating reviews the ETF's overall performance and is categorized as strong sell, sell, reduce, hold, moderate buy, buy, or strong buy. The aggegreate price target represents the average potential upside for the consensus price target of individual holdings in the ETF.

ARB Aggregate Rating

Hold
2.17

Holdings in ARB have an aggregate rating of Hold based on 284 analyst ratings issued in the past year covering 31 companies (69.1% of the portfolio).

ARB Aggregate Price Target

$25.93
-2.95% Downside
High Prediction$30.59
Average Prediction$25.93
Low Prediction$20.69

Holdings in ARB have an aggregate price target of $25.93 and a range of $20.69 to $30.59 covering 31 companies (69.1% of the portfolio).

ARB Consensus Ratings of Holdings

Strong Buy
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
Moderate Buy
0 Moderate Buy rating(s)
Hold
25 Hold rating(s)
Reduce
4 Reduce rating(s)
Sell
0 Sell rating(s)
Strong Sell
0 Strong Sell rating(s)

Ratings for Stocks Held by AltShares Merger Arbitrage ETF

 
 
Strong Sell
Sell
Reduce
Hold
Moderate Buy
Buy
Strong Buy

Ratings for the Top 31 ARB Holdings

Weight
In ETF
CompanyShare PriceMarketRank™Consensus Rating ScoreConsensus Price TargetPossible UpsideNumber of RatingsIndicator(s)View
Ratings
3.66%
Pioneer Natural Resourcesd stock logo
PXD
Pioneer Natural Resources
$268.87
-2.3%
4 of 5 stars
2.05$264.10 -1.8%20Upcoming Earnings
Analyst Report
News Coverage
Positive News
3.62%
Tricon Residential Inc.d stock logo
TCN
Tricon Residential
$11.23
+0.1%
2 of 5 stars
2.13$10.47 -6.8%8Short Interest ↑
News Coverage
High Trading Volume
3.61%
Splunk Inc.d stock logo
SPLK
Splunk
$156.90
2 of 5 stars
2.18$135.31 -13.8%28Analyst Report
Positive News
3.58%
CymaBay Therapeutics, Inc.d stock logo
CBAY
CymaBay Therapeutics
$32.48
1 of 5 stars
2.08$28.65 -11.8%12Analyst Report
News Coverage
3.57%
Hess Co.d stock logo
HES
Hess
$162.53
+0.7%
4 of 5 stars
2.40$177.42 9.2%10Earnings Report
Analyst Report
Analyst Revision
News Coverage
3.52%
Catalent, Inc.d stock logo
CTLT
Catalent
$55.92
+0.2%
3 of 5 stars
2.15$52.46 -6.2%13Analyst Report
News Coverage
Positive News
3.47%
Karuna Therapeutics, Inc.d stock logo
KRTX
Karuna Therapeutics
$329.83
0 of 5 stars
2.38$293.92 -10.9%16Upcoming Earnings
News Coverage
3.40%
ANSYS, Inc.d stock logo
ANSS
ANSYS
$333.75
+2.1%
4 of 5 stars
1.88$320.00 -4.1%8Upcoming Earnings
Analyst Report
Short Interest ↓
2.74%
M.D.C. Holdings, Inc.d stock logo
MDC
M.D.C.
$62.98
2 of 5 stars
1.80$52.13 -17.2%5Analyst Report
2.74%
Axonics, Inc.d stock logo
AXNX
Axonics
$66.69
+0.2%
3 of 5 stars
2.38$70.73 6.1%13Short Interest ↑
2.70%
Masonite International Co.d stock logo
DOOR
Masonite International
$131.61
-0.1%
2 of 5 stars
2.33$116.89 -11.2%9Analyst Report
News Coverage
2.68%
Juniper Networks, Inc.d stock logo
JNPR
Juniper Networks
$34.71
-0.7%
4 of 5 stars
2.17$34.55 -0.5%12Dividend Announcement
Analyst Report
Analyst Revision
News Coverage
2.64%
Cerevel Therapeutics Holdings, Inc.d stock logo
CERE
Cerevel Therapeutics
$42.47
+1.0%
0 of 5 stars
2.20$41.40 -2.5%10Upcoming Earnings
Short Interest ↓
2.08%
Everbridge, Inc.d stock logo
EVBG
Everbridge
$34.88
-0.1%
4 of 5 stars
1.90$29.00 -16.9%10Analyst Report
Short Interest ↓
Positive News
2.04%
Enerplus Co.d stock logo
ERF
Enerplus
$20.51
+0.3%
2 of 5 stars
3.00$21.69 5.8%5Upcoming Earnings
Short Interest ↑
2.04%
PGT Innovations, Inc.d stock logo
PGTI
PGT Innovations
$41.99
3 of 5 stars
2.33$38.67 -7.9%3Analyst Report
2.00%
VIZIO Holding Corp.d stock logo
VZIO
VIZIO
$10.75
-0.1%
2 of 5 stars
1.91$10.77 0.2%11
1.89%
Discover Financial Servicesd stock logo
DFS
Discover Financial Services
$127.70
+1.6%
5 of 5 stars
2.39$126.29 -1.1%18Analyst Report
1.88%
Capri Holdings Limitedd stock logo
CPRI
Capri
$35.54
+2.1%
4 of 5 stars
2.00$49.25 38.6%11Analyst Report
Options Volume
1.86%
Southwestern Energyd stock logo
SWN
Southwestern Energy
$7.71
+0.8%
4 of 5 stars
2.14$8.14 5.6%14Upcoming Earnings
Analyst Report
News Coverage
1.82%
United States Steel Co.d stock logo
X
United States Steel
$37.42
+0.7%
3 of 5 stars
2.11$37.89 1.3%9Upcoming Earnings
1.39%
SP Plus Co.d stock logo
SP
SP Plus
$51.15
+0.3%
1 of 5 stars
2.00$52.00 1.7%2Upcoming Earnings
1.39%
Haynes International, Inc.d stock logo
HAYN
Haynes International
$60.31
+0.0%
4 of 5 stars
2.00$60.00 -0.5%2Upcoming Earnings
Analyst Report
Short Interest ↑
News Coverage
1.36%
Amedisys, Inc.d stock logo
AMED
Amedisys
$91.79
+0.7%
3 of 5 stars
2.13$97.50 6.2%8Earnings Report
Upcoming Earnings
Analyst Report
Analyst Revision
News Coverage
1.35%
HireRight Holdings Co.d stock logo
HRT
HireRight
$14.29
0 of 5 stars
2.20$12.50 -12.5%5Analyst Report
Short Interest ↑
1.31%
Olink Holding AB (publ)d stock logo
OLK
Olink Holding AB (publ)
$22.84
-1.0%
1 of 5 stars
2.00$26.00 13.8%4News Coverage
Positive News
1.29%
Hawaiian Holdings, Inc.d stock logo
HA
Hawaiian
$12.27
+1.2%
0 of 5 stars
2.00$11.33 -7.6%3Earnings Report
Analyst Report
Analyst Revision
1.01%
McGrath RentCorpd stock logo
MGRC
McGrath RentCorp
$111.71
+2.2%
5 of 5 stars
3.00$116.00 3.8%1Earnings Report
Short Interest ↓
News Coverage
0.99%
WestRockd stock logo
WRK
WestRock
$47.25
+0.9%
3 of 5 stars
2.20$43.00 -9.0%5Upcoming Earnings
Analyst Report
News Coverage
0.73%
Eagle Bulk Shipping Inc.d stock logo
EGLE
Eagle Bulk Shipping
$62.60
2 of 5 stars
2.00$56.75 -9.3%6Upcoming Earnings
Analyst Report
0.69%
Carrols Restaurant Group, Inc.d stock logo
TAST
Carrols Restaurant Group
$9.51
3 of 5 stars
2.00$8.87 -6.8%3Analyst Report
Short Interest ↑
This page (NYSEARCA:ARB) was last updated on 4/27/2024 by MarketBeat.com Staff

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