Americold Realty Trust (NYSE:COLD) Shares Up 6.5% – Time to Buy?

Americold Realty Trust Inc. (NYSE:COLD) shot up 6.5% during trading on Tuesday . The company traded as high as $12.07 and last traded at $12.1350. 1,668,217 shares traded hands during trading, a decline of 66% from the average session volume of 4,898,716 shares. The stock had previously closed at $11.39.

Wall Street Analysts Forecast Growth

COLD has been the topic of several analyst reports. Bank of America lowered shares of Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price target on the stock. in a research report on Thursday, February 5th. Scotiabank upgraded Americold Realty Trust to a “hold” rating in a research note on Wednesday, March 11th. Zacks Research raised Americold Realty Trust from a “strong sell” rating to a “hold” rating in a report on Monday, November 24th. Robert W. Baird reissued a “neutral” rating and issued a $13.00 price objective (down from $16.00) on shares of Americold Realty Trust in a report on Thursday, December 18th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Americold Realty Trust in a research report on Monday, December 29th. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Americold Realty Trust currently has a consensus rating of “Hold” and an average price target of $14.38.

Americold Realty Trust Stock Performance

The stock has a market cap of $3.41 billion, a price-to-earnings ratio of -29.99, a P/E/G ratio of 3.95 and a beta of 0.89. The firm’s 50-day moving average is $12.77 and its two-hundred day moving average is $12.61. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.17.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.68). Americold Realty Trust had a negative return on equity of 3.71% and a negative net margin of 4.40%.The firm had revenue of $658.45 million during the quarter, compared to analyst estimates of $654.55 million. During the same period in the prior year, the firm earned $0.37 earnings per share. The business’s revenue was down 1.2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, sell-side analysts expect that Americold Realty Trust Inc. will post 1.47 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Tuesday, March 31st. Americold Realty Trust’s dividend payout ratio is -230.00%.

Hedge Funds Weigh In On Americold Realty Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the business. LRI Investments LLC raised its holdings in Americold Realty Trust by 90.4% in the 3rd quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock valued at $26,000 after acquiring an additional 1,026 shares during the last quarter. Ameriflex Group Inc. purchased a new stake in shares of Americold Realty Trust in the fourth quarter valued at approximately $26,000. Geneos Wealth Management Inc. increased its holdings in shares of Americold Realty Trust by 100.0% in the second 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 during the last quarter. Caitong International Asset Management Co. Ltd lifted 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 buying an additional 948 shares in the last quarter. Finally, Avalon Trust Co acquired a new position in Americold Realty Trust during the third quarter worth $32,000. 98.14% of the stock is currently owned by institutional investors and hedge funds.

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.