Royal Bank Of Canada restated their sector perform rating on shares of Americold Realty Trust (NYSE:COLD – Free Report) in a report issued on Monday,Benzinga reports. Royal Bank Of Canada currently has a $16.00 price target on the stock.
Several other research analysts also recently weighed in on COLD. Robert W. Baird set a $15.00 price target on Americold Realty Trust in a report on Friday, May 8th. Weiss Ratings cut Americold Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 11th. Wall Street Zen raised Americold Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Citigroup upped their target price on Americold Realty Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Finally, Barclays increased their target price on Americold Realty Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research report on Friday, May 15th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $15.63.
View Our Latest Stock Report on Americold Realty Trust
Americold Realty Trust Stock Performance
Americold Realty Trust (NYSE:COLD – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter. The business 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%. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.36 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, equities analysts anticipate that Americold Realty Trust will post 1.15 earnings per share for the current year.
Hedge Funds Weigh In On Americold Realty Trust
A number of large investors have recently bought and sold shares of the stock. Ameriflex Group Inc. acquired a new position in shares of Americold Realty Trust in the 4th quarter valued at $26,000. Geneos Wealth Management Inc. increased its holdings in shares of Americold Realty Trust by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,612 shares of the company’s stock worth $27,000 after buying an additional 806 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of Americold Realty Trust by 63.3% during the 3rd 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. Farther Finance Advisors LLC raised its position in shares of Americold Realty Trust by 51.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,786 shares of the company’s stock worth $36,000 after buying an additional 942 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in shares of Americold Realty Trust by 106.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,781 shares of the company’s stock worth $36,000 after buying an additional 1,432 shares during the period. 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.
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