ARCA:IYW

Stock Analysis Report

iShares Trust - iShares U.S. Technology ETF

Executive Summary

iShares Trust - iShares U.S. Technology ETF is an exchange traded fund launched by BlackRock, Inc.

Rewards


Snowflake Analysis

Share Price & News

How has iShares Trust - iShares U.S. Technology ETF's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IYW has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-10.0%

IYW

-8.0%

US Capital Markets

-7.4%

US Market


1 Year Return

27.5%

IYW

8.3%

US Capital Markets

10.5%

US Market

Return vs Industry: IYW exceeded the US Capital Markets industry which returned 8.3% over the past year.

Return vs Market: IYW exceeded the US Market which returned 10.5% over the past year.


Shareholder returns

IYWIndustryMarket
7 Day-10.0%-8.0%-7.4%
30 Day-3.1%-4.0%-3.6%
90 Day4.5%-2.1%-0.6%
1 Year28.6%27.5%10.4%8.3%12.8%10.5%
3 Year79.8%75.3%27.5%20.4%37.4%28.6%
5 Year127.4%116.5%70.2%54.4%61.3%43.6%

Price Volatility Vs. Market

How volatile is iShares Trust - iShares U.S. Technology ETF's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is iShares Trust - iShares U.S. Technology ETF undervalued compared to its fair value and its price relative to the market?

49.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: IYW ($234.88) is trading below our estimate of fair value ($463.61)

Significantly Below Fair Value: IYW is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: IYW is good value based on its PE Ratio (6.4x) compared to the Capital Markets industry average (32.3x).

PE vs Market: IYW is good value based on its PE Ratio (6.4x) compared to the US market (17.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IYW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IYW is good value based on its PB Ratio (1.1x) compared to the US Capital Markets industry average (6.6x).

Future Growth

How is iShares Trust - iShares U.S. Technology ETF forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.5%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as iShares Trust - iShares U.S. Technology ETF has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has iShares Trust - iShares U.S. Technology ETF performed over the past 5 years?

11.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IYW has a large one-off gain of $712.4M impacting its October 31 2019 financial results.

Growing Profit Margin: IYW's current net profit margins are higher than last year .


Past Earnings Growth Analysis

Earnings Trend: IYW's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: IYW's earnings growth over the past year (75.3%) exceeds its 5-year average (11.6% per year).

Earnings vs Industry: IYW earnings growth over the past year (75.3%) exceeded the Capital Markets industry 8.4%.


Return on Equity

High ROE: IYW's Return on Equity (17.2%) is considered low.

Financial Health

How is iShares Trust - iShares U.S. Technology ETF's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: IYW has a low level of unsold assets or inventory.

Debt Coverage by Assets: IYW's debt is covered by short term assets (assets are 1x debt).


Financial Institutions Analysis

Asset Level: IYW's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if IYW has a sufficient allowance for bad loans.

Low Risk Liabilities: IYW reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if IYW has an acceptable proportion of non-loan assets held.

Low Risk Deposits: IYW has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if IYW has an appropriate level of bad loans.

Dividend

What is iShares Trust - iShares U.S. Technology ETF's current dividend yield, its reliability and sustainability?

0.64%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: IYW's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.52%).

High Dividend: IYW's dividend (0.64%) is low compared to the top 25% of dividend payers in the US market (3.9%).


Stability and Growth of Payments

Stable Dividend: IYW is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: IYW is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: IYW is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IYW's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

iShares Trust - iShares U.S. Technology ETF has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Greg Savage
Portfolio Manager0yrsno datano data
Jennifer Hsui
Portfolio Manager8.1yrsno datano data
Alan Mason
Portfolio Manager4.1yrsno datano data
Amy Whitelaw
Portfolio Manager2.1yrsno datano data
Rachel Aguirre
Portfolio Manager2.1yrsno datano data

3.1yrs

Average Tenure

Experienced Management: IYW's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
George Parker
20.1yrsUS$115.00kno data
Robert Silver
8.1yrsUS$90.00kno data
John Martinez
17.1yrsUS$90.00kno data
John Kerrigan
15.1yrsUS$90.00kno data
Charles Hurty
15.1yrsUS$110.00kno data
Cecilia Herbert
15.1yrsUS$90.00kno data

15.1yrs

Average Tenure

66.5yo

Average Age

Experienced Board: IYW's board of directors are seasoned and experienced ( 15.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

iShares Trust - iShares U.S. Technology ETF's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • iShares Trust - iShares U.S. Technology ETF
  • 400 Howard Street
  • San Francisco
  • California
  • 94105
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IYWARCA (NYSE Arca)YesShare CapitalUSUSDMay 2000
IYWCLSNSE (Santiago Stock Exchange)YesShare CapitalCLCLPMay 2000

Biography

iShares Trust - iShares U.S. Technology ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across information technology sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Dow Jones U.S. Technology Capped Index, by using representative sampling technique. iShares Trust - iShares U.S. Technology ETF was formed on May 15, 2000 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 00:26
End of Day Share Price2020/02/25 00:00
Earnings2019/10/31
Annual Earnings2019/04/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.