Compass Point Begins Coverage on Americold Realty Trust (NYSE:COLD)

Investment analysts at Compass Point began coverage on shares of Americold Realty Trust (NYSE:COLD) in a report released on Wednesday. The firm set a “buy” rating and a $14.50 price target on the stock. Compass Point’s target price would suggest a potential upside of 20.98% from the company’s previous close.

A number of other research firms have also commented on COLD. Citigroup lifted their target price on shares of Americold Realty Trust from $11.00 to $14.00 and gave the stock a “neutral” rating in a report on Wednesday, February 25th. Bank of America lowered Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price target on the stock. in a research report on Thursday, February 5th. Truist Financial decreased their price objective on Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, December 24th. Wells Fargo & Company upped their price objective on Americold Realty Trust from $11.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, March 2nd. Finally, Barclays cut their target price on Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 13th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $14.39.

Americold Realty Trust Trading Up 5.2%

Shares of COLD opened at $11.99 on Wednesday. The stock’s fifty day simple moving average is $12.75 and its 200-day simple moving average is $12.60. The firm has a market capitalization of $3.41 billion, a PE ratio of -29.96, a price-to-earnings-growth ratio of 3.94 and a beta of 0.89. Americold Realty Trust has a 12-month low of $10.10 and a 12-month high of $22.35. 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 announced its quarterly earnings data on Thursday, February 19th. The company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.68). The firm had revenue of $658.45 million during the quarter, compared to analyst estimates of $654.55 million. Americold Realty Trust had a negative return on equity of 3.71% and a negative net margin of 4.40%.Americold Realty Trust’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.37 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, research analysts predict that Americold Realty Trust will post 1.47 earnings per share for the current year.

Institutional Trading of Americold Realty Trust

A number of large investors have recently made changes to their positions in COLD. Geneos Wealth Management Inc. grew its stake in Americold Realty Trust by 100.0% in the second 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 period. Ameriflex Group Inc. acquired a new stake in shares of Americold Realty Trust during the fourth quarter worth about $26,000. LRI Investments LLC raised its position 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 worth $26,000 after purchasing an additional 1,026 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Americold Realty Trust by 252.5% during the 2nd 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 in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in shares of Americold Realty Trust by 63.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock valued at $30,000 after purchasing an additional 948 shares in the last quarter. 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.