Americold Realty Trust (NYSE:COLD) Upgraded at Wall Street Zen

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

Other analysts have also recently issued reports about the company. Scotiabank boosted their price target on Americold Realty Trust from $14.00 to $15.50 and gave the stock a “sector perform” rating in a report on Thursday, May 14th. Piper Sandler started coverage on shares of Americold Realty Trust in a research report on Wednesday, April 1st. They set a “neutral” rating and a $13.00 target price on the stock. 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. Robert W. Baird set a $15.00 price target on shares of Americold Realty Trust in a research report on Friday, May 8th. 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, nine have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $14.71.

Americold Realty Trust Trading Up 0.0%

COLD opened at $14.08 on Friday. The company has a market cap of $4.02 billion, a P/E ratio of -36.09 and a beta of 0.97. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.27. The company’s 50 day moving average is $13.86 and its 200-day moving average is $12.89. Americold Realty Trust has a 1-year low of $10.10 and a 1-year high of $17.52.

Americold Realty Trust (NYSE:COLD) last announced its quarterly 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 company had revenue of $629.87 million during 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 revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.34 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities research analysts predict that Americold Realty Trust will post 1.16 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of COLD. Alpine Woods Capital Investors LLC bought a new stake in shares of Americold Realty Trust in the first quarter valued at $306,000. Segall Bryant & Hamill LLC bought a new position in shares of Americold Realty Trust during the 1st quarter worth $566,000. Anson Funds Management LP increased its holdings in Americold Realty Trust by 26.3% in the 1st quarter. Anson Funds Management LP now owns 259,000 shares of the company’s stock worth $2,968,000 after acquiring an additional 54,000 shares during the last quarter. Amundi raised its stake in Americold Realty Trust by 12.7% in the 1st quarter. Amundi now owns 176,188 shares of the company’s stock valued at $2,019,000 after acquiring an additional 19,830 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in Americold Realty Trust by 51.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 4,222 shares of the company’s stock valued at $48,000 after acquiring an additional 1,441 shares during the period. 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.