Americold Realty Trust Inc. (NYSE:COLD) Receives Average Rating of “Hold” from Brokerages

Shares of Americold Realty Trust Inc. (NYSE:COLD) have been assigned an average rating of “Hold” from the sixteen brokerages that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $14.3929.

A number of analysts recently issued reports on the company. Truist Financial lowered their price target on Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating for the company in a research report on Wednesday, December 24th. Weiss Ratings restated a “sell (d)” rating on shares of Americold Realty Trust in a report on Monday, December 29th. Bank of America lowered shares of Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price objective on the stock. in a research report on Thursday, February 5th. Barclays decreased their price objective on shares of Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating for the company in a research note on Tuesday, January 13th. Finally, Compass Point started coverage on Americold Realty Trust in a research note on Wednesday, March 18th. They set a “buy” rating and a $14.50 target price on the stock.

Americold Realty Trust Stock Performance

COLD opened at $11.18 on Friday. The company has a 50 day simple moving average of $12.49 and a two-hundred day simple moving average of $12.49. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.12 and a quick ratio of 0.12. The firm has a market cap of $3.18 billion, a P/E ratio of -27.94, a PEG ratio of 3.91 and a beta of 0.89. Americold Realty Trust has a 1-year low of $10.10 and a 1-year high of $22.03.

Americold Realty Trust (NYSE:COLD) last released its earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $658.45 million for the quarter, compared to analysts’ expectations of $654.55 million. During the same quarter in the prior year, the business posted $0.37 EPS. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities analysts forecast that Americold Realty Trust will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.23 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.92 dividend on an annualized basis and a yield of 8.2%. Americold Realty Trust’s dividend payout ratio (DPR) is presently -230.00%.

Hedge Funds Weigh In On Americold Realty Trust

Institutional investors and hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its stake in Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after acquiring an additional 806 shares during the period. Ameriflex Group Inc. purchased a new position in shares of Americold Realty Trust during the fourth quarter worth $26,000. LRI Investments LLC lifted its position in Americold Realty Trust by 90.4% during the third quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock valued at $26,000 after purchasing an additional 1,026 shares during the period. EverSource Wealth Advisors LLC lifted 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 valued at $37,000 after purchasing an additional 1,593 shares during the period. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in Americold Realty Trust by 63.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock valued at $30,000 after purchasing an additional 948 shares during the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

About Americold Realty Trust

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.