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

Shares of Americold Realty Trust Inc. (NYSE:COLD) have received an average rating of “Hold” from the sixteen analysts that are covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $15.2857.

COLD has been the topic of several recent research reports. Royal Bank Of Canada upped their price objective on Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 26th. Evercore raised shares of Americold Realty Trust from an “in-line” rating to an “outperform” rating and set a $18.00 price target on the stock in a research note on Friday, June 26th. Weiss Ratings reissued a “sell (d)” rating on shares of Americold Realty Trust in a research report on Wednesday, June 24th. Wall Street Zen raised shares of Americold Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, UBS Group raised their target price on shares of Americold Realty Trust from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th.

Institutional Investors Weigh In On Americold Realty Trust

Hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. lifted its position in Americold Realty Trust by 42.5% during the first quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock worth $45,025,000 after buying an additional 626,160 shares during the period. Empowered Funds LLC purchased a new stake in Americold Realty Trust in the 1st quarter valued at about $240,000. Jane Street Group LLC grew its holdings in Americold Realty Trust by 8.7% in the 1st quarter. Jane Street Group LLC now owns 71,335 shares of the company’s stock valued at $1,531,000 after buying an additional 5,693 shares during the period. Quantbot Technologies LP acquired a new position in shares of Americold Realty Trust during the 2nd quarter valued at about $86,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Americold Realty Trust by 252.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after acquiring an additional 1,593 shares during the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Trading Down 0.5%

Shares of COLD opened at $15.27 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11. Americold Realty Trust has a 1-year low of $10.10 and a 1-year high of $17.12. The stock has a market cap of $4.36 billion, a price-to-earnings ratio of -39.14 and a beta of 0.96. The firm has a 50 day simple moving average of $15.09 and a 200-day simple moving average of $13.45.

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

Americold Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend was Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is currently -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.