Americold Realty Trust (NYSE:COLD) Lowered to Sell Rating by Wall Street Zen

Americold Realty Trust (NYSE:COLD) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

A number of other analysts also recently weighed in on the stock. Barclays boosted their target price on shares of Americold Realty Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a report on Friday, May 15th. Citigroup boosted their target price on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Royal Bank Of Canada boosted their target price on shares of Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 26th. Wells Fargo & Company lifted their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Americold Realty Trust in a research note on Friday, March 27th. Three equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $14.93.

Americold Realty Trust Stock Performance

Americold Realty Trust stock opened at $14.73 on Friday. The company’s 50-day moving average price is $13.25 and its 200-day moving average price is $12.62. Americold Realty Trust has a twelve month low of $10.10 and a twelve month high of $18.08. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.27. The company has a market cap of $4.20 billion, a PE ratio of -37.77 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last posted its earnings results on Thursday, May 7th. The company reported $0.29 earnings per share for the quarter, topping 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 firm had revenue of $629.87 million for the quarter, compared to the consensus estimate of $613.77 million. During the same period in the previous year, the firm posted $0.34 EPS. The business’s quarterly 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. On average, equities research analysts forecast that Americold Realty Trust will post 1.18 EPS for the current fiscal year.

Institutional Investors Weigh In On Americold Realty Trust

Several large investors have recently added to or reduced their stakes in COLD. Goldman Sachs Group Inc. boosted its position in Americold Realty Trust by 42.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company’s stock valued at $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 boosted its position 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 purchased a new stake in Americold Realty Trust in the 2nd quarter valued at about $86,000. Finally, EverSource Wealth Advisors LLC boosted its position in Americold Realty Trust by 252.5% in the 2nd 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 period. 98.14% of the stock is owned by hedge funds and other institutional investors.

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.