Is John Hancock Multifactor Small Cap ETF (JHSC) a Strong ETF Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 02 2024
0mins
Source: NASDAQ.COM
Overview of John Hancock Multifactor Small Cap ETF: Launched in 2017, the John Hancock Multifactor Small Cap ETF (JHSC) offers exposure to small-cap blend stocks and aims to outperform traditional market cap weighted indexes through smart beta strategies, with a current asset size of over $496 million and an expense ratio of 0.42%.
Performance and Comparison with Other ETFs: JHSC has shown a return of approximately 24.27% over the past year, but investors may also consider lower-cost alternatives like the iShares Russell 2000 ETF and iShares Core S&P Small-Cap ETF, which have significantly lower expense ratios and larger asset bases.
Analyst Views on GNRC
Wall Street analysts forecast GNRC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GNRC is 207.67 USD with a low forecast of 184.00 USD and a high forecast of 240.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
11 Buy
3 Hold
0 Sell
Strong Buy
Current: 175.340
Low
184.00
Averages
207.67
High
240.00
Current: 175.340
Low
184.00
Averages
207.67
High
240.00
About GNRC
Generac Holdings Inc. is a global designer, manufacturer, and provider of energy technology solutions. The Company provides power generation equipment, energy storage systems, energy management devices & solutions, and other power products serving the residential, light commercial, and industrial markets. The Company operates through two segments: Domestic and International. The Domestic segment includes the legacy Generac business and the acquisitions that are based in the United States and Canada. The International segment includes acquisitions not based in the United States and Canada. It designs and manufactures stationary, portable, and mobile power generators with single-engine outputs ranging between 800W and 3,250kW. Its residential automatic standby generators range in output from 7.5kW to 150kW, which predominantly operate on natural gas and liquid propane, and are permanently installed with an automatic transfer switch.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
