Americold Realty Trust (NYSE:COLD) Research Coverage Started at Piper Sandler

Piper Sandler started coverage on shares of Americold Realty Trust (NYSE:COLD) in a research note released on Wednesday, Marketbeat.com reports. The firm issued a neutral rating and a $13.00 price target on the stock.

Other equities research analysts also recently issued reports about the company. UBS Group upped their price objective on Americold Realty Trust from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Bank of America downgraded Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 target price on the stock. in a research report on Thursday, February 5th. Citigroup increased their price target on Americold Realty Trust from $11.00 to $14.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Scotiabank upgraded Americold Realty Trust to a “hold” rating in a research report on Wednesday, March 11th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Americold Realty Trust in a research note on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $14.30.

Americold Realty Trust Price Performance

COLD stock opened at $11.46 on Wednesday. Americold Realty Trust has a 52 week low of $10.10 and a 52 week high of $21.27. The firm has a market capitalization of $3.27 billion, a P/E ratio of -28.66, a price-to-earnings-growth ratio of 4.00 and a beta of 0.90. The company has a fifty day simple moving average of $12.26 and a two-hundred day simple moving average of $12.39. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.17.

Americold Realty Trust (NYSE:COLD) last posted its earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.68). Americold Realty Trust had a negative return on equity of 3.71% and a negative net margin of 4.40%.The business had revenue of $658.45 million during the quarter, compared to the consensus estimate of $654.55 million. During the same quarter last year, the firm earned $0.37 earnings per share. The business’s quarterly revenue was down 1.2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Analysts anticipate that Americold Realty Trust will post 1.47 earnings per share for the current fiscal year.

Americold Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 8.0%. Americold Realty Trust’s dividend payout ratio is currently -230.00%.

Institutional Investors Weigh In On Americold Realty Trust

Institutional investors and hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. grew its position 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 valued at $27,000 after acquiring an additional 806 shares during the last quarter. Ameriflex Group Inc. bought a new stake in shares of Americold Realty Trust during the fourth quarter worth $26,000. LRI Investments LLC boosted its stake in shares of Americold Realty Trust by 90.4% during the third quarter. LRI Investments LLC now owns 2,161 shares of the company’s stock valued at $26,000 after purchasing an additional 1,026 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Americold Realty Trust by 252.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,224 shares of the company’s stock valued at $37,000 after purchasing an additional 1,593 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of Americold Realty Trust by 63.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after purchasing an additional 948 shares during the last quarter. 98.14% of the stock is owned by 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.