Americold Realty Trust (NYSE:COLD) Coverage Initiated by Analysts at Piper Sandler

Stock analysts at Piper Sandler initiated coverage on shares of Americold Realty Trust (NYSE:COLD) in a report released on Wednesday. The firm set a “neutral” rating and a $13.00 price target on the stock. Piper Sandler’s target price suggests a potential upside of 13.80% from the stock’s current price.

Several other analysts have also recently commented on COLD. UBS Group raised their target price on shares of Americold Realty Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Bank of America lowered shares of Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price target on the stock. in a research note on Thursday, February 5th. Barclays cut their price target on shares of Americold Realty Trust from $17.00 to $15.00 and set an “overweight” rating for the company in a report on Tuesday, January 13th. Truist Financial lowered their price objective on Americold Realty Trust from $17.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, December 24th. Finally, Citigroup boosted their target price on Americold Realty Trust from $11.00 to $14.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 25th. Four investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $14.30.

Americold Realty Trust Trading Down 0.3%

NYSE:COLD opened at $11.42 on Wednesday. Americold Realty Trust has a 12-month low of $10.10 and a 12-month high of $21.94. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.17. The stock’s 50 day simple moving average is $12.36 and its 200-day simple moving average is $12.42. The firm has a market cap of $3.25 billion, a P/E ratio of -28.56, a PEG ratio of 4.00 and a beta of 0.89.

Americold Realty Trust (NYSE:COLD) last issued its quarterly earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $658.45 million for the quarter, compared to analyst estimates of $654.55 million. During the same period in the prior year, the business earned $0.37 earnings per share. Americold Realty Trust’s revenue for the quarter was down 1.2% compared to the same quarter last year. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities analysts anticipate that Americold Realty Trust will post 1.47 EPS for the current year.

Institutional Trading of Americold Realty Trust

A number of institutional investors have recently added to or reduced their stakes in COLD. Clear Harbor Asset Management LLC acquired a new stake in shares of Americold Realty Trust during the 3rd quarter valued at approximately $485,000. Envestnet Asset Management Inc. grew its holdings in shares of Americold Realty Trust by 23.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 921,709 shares of the company’s stock worth $11,282,000 after acquiring an additional 176,581 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in shares of Americold Realty Trust by 70.0% in the 3rd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 220,838 shares of the company’s stock worth $2,703,000 after acquiring an additional 90,912 shares during the period. Chilton Capital Management LLC increased its stake in Americold Realty Trust by 3,914.2% in the 3rd quarter. Chilton Capital Management LLC now owns 454,287 shares of the company’s stock valued at $5,654,000 after purchasing an additional 442,970 shares in the last quarter. Finally, DAVENPORT & Co LLC acquired a new position in Americold Realty Trust during the third quarter worth $38,980,000. Hedge funds and other institutional investors 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.