Americold Realty Trust (NYSE:COLD) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Americold Realty Trust (NYSE:COLD) had its price objective hoisted by stock analysts at Wells Fargo & Company from $11.00 to $14.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target indicates a potential upside of 7.22% from the company’s current price.

COLD has been the topic of a number of other research reports. Zacks Research upgraded shares of Americold Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, November 24th. Royal Bank Of Canada cut shares of Americold Realty Trust from a “moderate buy” rating to a “hold” rating in a research report on Friday, November 7th. Bank of America lowered Americold Realty Trust from a “buy” rating to an “underperform” rating and set a $13.00 price objective for the company. in a report on Thursday, February 5th. Citigroup raised their target price on Americold Realty Trust from $11.00 to $14.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Finally, Scotiabank upped their price target on Americold Realty Trust from $12.00 to $14.00 and gave the stock a “sector perform” rating in a report on Friday, January 9th. Three research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $14.38.

Americold Realty Trust Trading Down 2.5%

COLD traded down $0.33 during trading on Monday, reaching $13.06. 725,952 shares of the stock traded hands, compared to its average volume of 5,172,252. Americold Realty Trust has a 12 month low of $10.10 and a 12 month high of $23.03. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.16. The stock’s 50-day moving average is $12.91 and its 200 day moving average is $12.81. The stock has a market capitalization of $3.72 billion, a PE ratio of -32.66, a P/E/G ratio of 4.75 and a beta of 0.91.

Americold Realty Trust (NYSE:COLD) last issued its earnings results on Thursday, February 19th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.68). The business had revenue of $658.45 million during the quarter, compared to the consensus estimate of $654.55 million. Americold Realty Trust had a negative return on equity of 3.64% and a negative net margin of 4.40%.The company’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 firm posted $0.37 earnings per share. 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 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. LRI Investments LLC increased its stake in shares of Americold Realty Trust by 90.4% during the 3rd 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 last quarter. Ameriflex Group Inc. bought a new position in Americold Realty Trust during the fourth quarter valued at $26,000. Geneos Wealth Management Inc. grew its holdings in Americold Realty Trust by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock valued at $27,000 after purchasing an additional 806 shares during the period. Caitong International Asset Management Co. Ltd increased its position in Americold Realty Trust by 63.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 2,446 shares of the company’s stock worth $30,000 after buying an additional 948 shares during the last quarter. Finally, Avalon Trust Co purchased a new stake in Americold Realty Trust in the third quarter worth $32,000. 98.14% of the stock is currently owned by hedge funds and other institutional investors.

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.