Americold Realty Trust Inc. (NYSE:COLD) Receives $15.29 Average PT from Brokerages

Shares of Americold Realty Trust Inc. (NYSE:COLD) have received an average recommendation of “Hold” from the sixteen analysts that are presently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $15.25.

A number of research firms have commented on COLD. Wells Fargo & Company raised their target price on Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Barclays upped their price target on shares of Americold Realty Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Friday, May 15th. Weiss Ratings upgraded shares of Americold Realty Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday. Robert W. Baird set a $15.00 price objective on shares of Americold Realty Trust in a research note on Friday, May 8th. Finally, Scotiabank set a $15.00 price objective on shares of Americold Realty Trust in a report on Friday.

Institutional Investors Weigh In On Americold Realty Trust

Institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. increased its stake in Americold Realty Trust by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after purchasing an additional 806 shares in the last quarter. Ameriflex Group Inc. acquired a new position in Americold Realty Trust during the fourth quarter worth $26,000. EverSource Wealth Advisors LLC boosted its position in Americold Realty Trust by 252.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock worth $37,000 after purchasing an additional 1,593 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in Americold Realty Trust by 63.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after purchasing an additional 948 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in Americold Realty Trust by 51.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock valued at $36,000 after purchasing an additional 942 shares during the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Stock Performance

Shares of COLD stock opened at $14.31 on Thursday. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.27. The stock has a 50 day simple moving average of $15.08 and a 200-day simple moving average of $13.47. The company has a market cap of $4.08 billion, a price-to-earnings ratio of -36.70 and a beta of 0.96. Americold Realty Trust has a 12-month low of $10.10 and a 12-month high of $16.88.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.33. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.The firm had revenue of $629.87 million for the quarter, compared to the consensus estimate of $613.77 million. During the same period in the previous year, the business earned $0.34 earnings per share. The company’s revenue for the quarter was up .2% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, equities analysts forecast that Americold Realty Trust will post 1.15 EPS for the current year.

Americold Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio (DPR) is presently -235.90%.

Americold Realty Trust Company Profile

Americold Realty Trust is a real estate investment trust specializing in temperature-controlled warehousing and logistics solutions. The company owns, operates, and develops a global network of cold storage facilities designed to support the storage, handling, and distribution of perishable products. Services include blast freezing, repacking, labeling, cross-docking, and transportation management, all integrated to streamline clients’ cold chain operations and help ensure product quality and safety from origin to point of consumption.

With roots dating back to the early 20th century, Americold has expanded through strategic acquisitions and facility development to become one of the world’s largest publicly traded cold storage providers.