Americold Realty Trust Inc. (NYSE:COLD) Stock Has Average Price Target of $15.75 According to Analysts

Shares of Americold Realty Trust Inc. (NYSE:COLD) have been assigned an average rating of “Hold” from the sixteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $15.75.

A number of equities research analysts have weighed in on the stock. Bank of America upgraded shares of Americold Realty Trust from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $15.00 to $16.00 in a report on Tuesday, August 18th. Royal Bank Of Canada reissued a “sector perform” rating and set a $16.00 price target on shares of Americold Realty Trust in a report on Monday, August 17th. Scotiabank upgraded Americold Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $16.00 price target for the company in a research note on Friday, October 2nd. DA Davidson set a $16.00 price objective on shares of Americold Realty Trust in a research note on Tuesday, August 18th. Finally, JPMorgan Chase & Co. raised shares of Americold Realty Trust from an “underweight” rating to a “neutral” rating and set a $16.00 price objective on the stock in a report on Thursday, September 24th.

Institutional Investors Weigh In On Americold Realty Trust

A number of hedge funds have recently modified their holdings of COLD. EverSource Wealth Advisors LLC increased its stake in shares of Americold Realty Trust by 51.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 4,222 shares of the company’s stock worth $48,000 after purchasing an additional 1,441 shares in the last quarter. Basecamp Wealth Advisors LLC lifted its stake in shares of Americold Realty Trust by 726.2% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 4,296 shares of the company’s stock valued at $49,000 after buying an additional 3,776 shares in the last quarter. North Star Investment Management Corp. boosted its stake in shares of Americold Realty Trust by 379.1% in the first quarter. North Star Investment Management Corp. now owns 4,940 shares of the company’s stock worth $57,000 after acquiring an additional 3,909 shares during the period. GAMMA Investing LLC boosted its stake in Americold Realty Trust by 79.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,834 shares of the company’s stock worth $60,000 after purchasing an additional 1,699 shares during the period. Finally, Quantbot Technologies LP bought a new position in shares of Americold Realty Trust during the second quarter worth $75,000. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Price Performance

COLD opened at $13.80 on Tuesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.10 and a current ratio of 0.10. Americold Realty Trust has a 52-week low of $10.10 and a 52-week high of $16.88. The stock has a market capitalization of $3.94 billion, a PE ratio of -8.68 and a beta of 0.92. The stock’s 50 day moving average price is $14.53 and its 200-day moving average price is $14.17.

Americold Realty Trust (NYSE:COLD) last posted its earnings results on Thursday, August 6th. The company reported $0.35 earnings per share for the quarter. Americold Realty Trust had a negative return on equity of 16.14% and a negative net margin of 17.44%.The firm had revenue of $662.89 million for the quarter, compared to the consensus estimate of $613.54 million. During the same quarter in the prior year, the business earned $0.36 EPS. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, equities research analysts predict that Americold Realty Trust will post 1.22 EPS for the current year.

Americold Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Wednesday, September 30th. Americold Realty Trust’s dividend payout ratio is currently -57.86%.

About Americold Realty Trust

Americold Realty Trust, Inc is a real estate investment trust that owns, operates and develops temperature-controlled storage and distribution facilities. The company provides refrigerated and frozen warehousing, inventory management, handling, transportation coordination and other supply-chain services for customers that require temperature-sensitive logistics.

Its customers include food producers, processors, retailers, restaurants, distributors and other businesses involved in the movement of perishable goods.