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

Shares of Americold Realty Trust Inc. (NYSE:COLD) have earned a consensus rating of “Reduce” from the seventeen ratings firms that are presently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $14.9333.

COLD has been the subject of several recent analyst reports. Wall Street Zen cut Americold Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday. Citigroup upped their target price on Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Wells Fargo & Company upped their target price on 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. Barclays upped their target price on Americold Realty Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Friday, May 15th. Finally, Scotiabank upped their target price on Americold Realty Trust from $14.00 to $15.50 and gave the stock a “sector perform” rating in a research note on Thursday, May 14th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its stake in shares of Americold Realty Trust by 100.0% in 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 last quarter. Ameriflex Group Inc. bought a new position in shares of Americold Realty Trust in the 4th quarter valued at $26,000. EverSource Wealth Advisors LLC lifted its stake in shares of 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 acquiring an additional 1,593 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake 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 during the last quarter. Finally, Avalon Trust Co bought a new position in shares of Americold Realty Trust in the 3rd quarter valued at $32,000. 98.14% of the stock is currently owned by institutional investors.

Americold Realty Trust Stock Up 0.1%

NYSE COLD opened at $14.73 on Wednesday. The business has a fifty day moving average price of $13.25 and a two-hundred day moving average price of $12.64. 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 fifty-two week low of $10.10 and a fifty-two week high of $18.08. The stock has a market capitalization of $4.20 billion, a PE ratio of -37.77 and a beta of 0.97.

Americold Realty Trust (NYSE:COLD) last released its earnings results 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. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.The firm had revenue of $629.87 million during the quarter, compared to analysts’ expectations of $613.77 million. During the same period in the prior year, the company earned $0.34 earnings per share. The company’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. Equities analysts expect that Americold Realty Trust will post 1.18 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is presently -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.