Americold Realty Trust (NYSE:COLD) Shares Cross Above 50-Day Moving Average – What’s Next?

Americold Realty Trust Inc. (NYSE:COLD) shares passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $14.40 and traded as high as $14.60. Americold Realty Trust shares last traded at $14.5880, with a volume of 2,557,728 shares changing hands.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Weiss Ratings lowered shares of Americold Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. JPMorgan Chase & Co. upgraded shares of Americold Realty Trust from an “underweight” rating to a “neutral” rating and set a $16.00 target price on the stock in a report on Thursday, September 24th. Bank of America upgraded Americold Realty Trust from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $15.00 to $16.00 in a research note on Tuesday, August 18th. Evercore reiterated an “outperform” rating and set a $19.00 target price on shares of Americold Realty Trust in a research note on Friday, August 7th. Finally, Scotiabank raised 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 report on Friday, October 2nd. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $15.46.

Americold Realty Trust Stock Performance

The stock has a market cap of $4.16 billion, a price-to-earnings ratio of -9.17 and a beta of 0.92. The stock’s 50 day moving average is $14.40 and its two-hundred day moving average is $13.80. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.25.

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

Americold Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 6.3%. The ex-dividend date was Wednesday, September 30th. Americold Realty Trust’s dividend payout ratio (DPR) is -57.86%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of COLD. BlackRock Inc. acquired a new position in Americold Realty Trust during the second quarter worth $350,837,000. Ancora Advisors LLC purchased a new position in Americold Realty Trust in the second quarter worth $163,962,000. Canada Pension Plan Investment Board purchased a new position in Americold Realty Trust in the second quarter worth $126,564,000. Bank of America Corp DE acquired a new stake in Americold Realty Trust in the second quarter valued at $48,141,000. Finally, Bank of New York Mellon Corp acquired a new stake in Americold Realty Trust in the second quarter valued at $45,227,000. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Company Profile

Americold Realty Trust, Inc is a real estate investment trust that owns, operates and develops temperature-controlled warehouses and distribution facilities. Through its operating platform, Americold Logistics, the company provides refrigerated and frozen storage, handling, transportation and supply-chain services for food producers, retailers, distributors and other customers.

Its facilities support the movement of perishable products, including meat, seafood, dairy, fruit, vegetables, prepared foods and pharmaceuticals.