Americold Realty Trust (NYSE:COLD) Stock Price Expected to Rise, UBS Group Analyst Says

Americold Realty Trust (NYSE:COLD) had its price target raised by equities researchers at UBS Group from $13.00 to $16.00 in a research note issued on Friday, Marketbeat.com reports. The firm presently has a “neutral” rating on the stock. UBS Group’s target price would indicate a potential upside of 0.28% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Citigroup lifted their target price on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Scotiabank reaffirmed a “sector perform” rating on shares of Americold Realty Trust in a report on Friday, July 10th. Wells Fargo & Company lifted their price objective on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Wall Street Zen upgraded shares of Americold Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, Evercore raised shares of Americold Realty Trust from an “in-line” rating to an “outperform” rating and set a $18.00 target price on the stock in a report on Friday, June 26th. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $15.00.

Americold Realty Trust Stock Up 0.3%

Shares of NYSE COLD opened at $15.96 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11. The stock has a market capitalization of $4.55 billion, a PE ratio of -40.91 and a beta of 0.96. Americold Realty Trust has a one year low of $10.10 and a one year high of $17.12. The business’s fifty day moving average price is $15.05 and its 200-day moving average price is $13.40.

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

Hedge Funds Weigh In On Americold Realty Trust

Several hedge funds have recently bought and sold shares of COLD. Geneos Wealth Management Inc. lifted its stake in Americold Realty Trust by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after purchasing an additional 806 shares in the last quarter. Ameriflex Group Inc. bought a new position in Americold Realty Trust in the 4th quarter worth about $26,000. EverSource Wealth Advisors LLC increased its stake 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 worth $37,000 after acquiring an additional 1,593 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in shares of Americold Realty Trust by 63.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock valued at $30,000 after acquiring an additional 948 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Americold Realty Trust by 51.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock valued at $36,000 after acquiring an additional 942 shares in the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

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.