Americold Realty Trust Inc. (NYSE:COLD – Get Free Report) has earned a consensus recommendation of “Hold” from the sixteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $15.6333.
Several research analysts have weighed in on the stock. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $16.00 price objective on shares of Americold Realty Trust in a research note on Monday, August 17th. Piper Sandler lifted their target price on shares of Americold Realty Trust from $13.00 to $17.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Barclays boosted their price target on shares of Americold Realty Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, May 15th. Citigroup increased their price objective on Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Finally, Evercore reissued an “outperform” rating and set a $19.00 price objective on shares of Americold Realty Trust in a research report on Friday, August 7th.
Get Our Latest Stock Analysis on Americold Realty Trust
Americold Realty Trust Stock Up 1.5%
Americold Realty Trust (NYSE:COLD – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.35 earnings per share for the quarter. The company had revenue of $662.89 million during 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 was up 1.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.36 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, equities analysts predict that Americold Realty Trust will post 1.15 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. BlackRock Inc. acquired a new position in shares of Americold Realty Trust during the 2nd quarter valued at about $350,837,000. Norges Bank acquired a new stake in shares of Americold Realty Trust in the fourth quarter worth $152,684,000. Ancora Advisors LLC acquired a new stake in shares of Americold Realty Trust in the second quarter worth $163,962,000. Canada Pension Plan Investment Board bought a new stake in shares of Americold Realty Trust during the 2nd quarter worth $126,564,000. Finally, Baupost Group LLC MA bought a new stake in shares of Americold Realty Trust during the 3rd quarter worth $44,064,000. Institutional investors and hedge funds own 98.14% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Americold Realty Trust
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
- Advance Auto Parts Plunged, But Its Turnaround Is Still Working
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
Receive News & Ratings for Americold Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Americold Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
