Americold Realty Trust Inc. (NYSE:COLD – Get Free Report) has been given an average recommendation of “Hold” by the sixteen analysts that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $15.46.
COLD has been the topic of several recent research reports. JPMorgan Chase & Co. raised shares of Americold Realty Trust from an “underweight” rating to a “neutral” rating and set a $16.00 price objective on the stock in a research report on Thursday, September 24th. UBS Group reduced their target price on shares of Americold Realty Trust from $16.00 to $14.00 and set a “neutral” rating for the company in a research note on Tuesday, October 20th. Weiss Ratings downgraded shares of Americold Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. Scotiabank upgraded shares of Americold Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $16.00 price target on the stock in a research note on Friday, October 2nd. Finally, Bank of America upgraded shares of Americold Realty Trust from an “underperform” rating to a “neutral” rating and raised their price target for the company from $15.00 to $16.00 in a report on Tuesday, August 18th.
Read Our Latest Report on COLD
Americold Realty Trust Stock Performance
Americold Realty Trust stock opened at $14.33 on Friday. The firm’s 50 day simple moving average is $14.38 and its 200-day simple moving average is $13.80. The company has a market cap of $4.09 billion, a P/E ratio of -9.02 and a beta of 0.92. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.10 and a quick ratio of 0.10. Americold Realty Trust has a fifty-two week low of $10.10 and a fifty-two week high of $16.88.
Americold Realty Trust (NYSE:COLD – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.35 EPS for the quarter. The business had revenue of $662.89 million during the quarter, compared to analysts’ expectations of $613.54 million. Americold Realty Trust had a negative return on equity of 16.14% and a negative net margin of 17.44%. Americold Realty Trust’s revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.36 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities research analysts predict that Americold Realty Trust will post 1.22 EPS for the current year.
Americold Realty Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend was Wednesday, September 30th. Americold Realty Trust’s dividend payout ratio is currently -57.86%.
Institutional Investors Weigh In On Americold Realty Trust
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vise Technologies Inc. bought a new stake in shares of Americold Realty Trust in the 3rd quarter worth approximately $285,000. Asset Management One Co. Ltd. grew its holdings in shares of Americold Realty Trust by 2.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 417,866 shares of the company’s stock worth $5,842,000 after purchasing an additional 9,410 shares in the last quarter. Abundance Wealth Counselors increased its position in shares of Americold Realty Trust by 7.5% during the third quarter. Abundance Wealth Counselors now owns 99,086 shares of the company’s stock valued at $1,385,000 after purchasing an additional 6,933 shares during the period. Park Avenue Securities LLC increased its position in shares of Americold Realty Trust by 44.0% during the third quarter. Park Avenue Securities LLC now owns 23,414 shares of the company’s stock valued at $327,000 after purchasing an additional 7,156 shares during the period. Finally, Bright Futures Wealth Management LLC. bought a new stake in shares of Americold Realty Trust during the third quarter valued at approximately $197,000. Institutional investors and hedge funds own 98.14% of the company’s stock.
About Americold Realty Trust
Americold Realty Trust, Inc is a real estate investment trust that owns, operates and develops temperature-controlled warehouses and distribution facilities. Through its operating platform, Americold Logistics, the company provides refrigerated and frozen storage, handling, transportation and supply-chain services for food producers, retailers, distributors and other customers.
Its facilities support the movement of perishable products, including meat, seafood, dairy, fruit, vegetables, prepared foods and pharmaceuticals.
Featured Articles
- Five stocks we like better than Americold Realty Trust
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Americold Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Americold Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
