Americold Realty Trust Inc. (NYSE:COLD) Given Consensus Recommendation of “Hold” by Analysts

Shares of Americold Realty Trust Inc. (NYSE:COLD) have received an average recommendation of “Hold” from the sixteen brokerages that are currently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $14.7857.

A number of research analysts recently commented on the stock. Royal Bank Of Canada increased their price target on shares of Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a report on Tuesday, May 26th. Piper Sandler began coverage on Americold Realty Trust in a research note on Wednesday, April 1st. They set a “neutral” rating and a $13.00 price objective on the stock. Wells Fargo & Company upped their price objective on Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Evercore raised Americold Realty Trust from an “in-line” rating to an “outperform” rating and set a $18.00 price objective for the company in a research note on Friday, June 26th. Finally, Compass Point began coverage on Americold Realty Trust in a report on Wednesday, March 18th. They issued a “buy” rating and a $14.50 target price for the company.

Institutional Investors Weigh In On Americold Realty Trust

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its holdings 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 purchasing an additional 806 shares during the last quarter. Ameriflex Group Inc. purchased a new position in shares of Americold Realty Trust during the fourth quarter valued at approximately $26,000. EverSource Wealth Advisors LLC grew its stake in shares of 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 buying an additional 1,593 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of 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 valued at $30,000 after buying an additional 948 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of Americold Realty Trust by 51.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock valued at $36,000 after buying 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 Trading Up 1.4%

COLD stock opened at $16.24 on Friday. The firm has a fifty day moving average price of $14.37 and a 200 day moving average price of $13.14. Americold Realty Trust has a fifty-two week low of $10.10 and a fifty-two week high of $17.12. The firm has a market cap of $4.63 billion, a PE ratio of -41.64 and a beta of 0.96. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.11 and a current ratio of 0.11.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.33. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The company had revenue of $629.87 million for the quarter, compared to the consensus estimate of $613.77 million. During the same quarter in the prior year, the firm earned $0.34 earnings per share. Americold Realty Trust’s revenue was up .2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Sell-side analysts anticipate that Americold Realty Trust will post 1.16 earnings per share for the current fiscal year.

Americold Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, June 30th. Americold Realty Trust’s payout ratio is presently -235.90%.

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.