Americold Realty Trust (NYSE:COLD) Given New $15.00 Price Target at Wells Fargo & Company

Americold Realty Trust (NYSE:COLD) had its price objective raised by Wells Fargo & Company from $14.00 to $15.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target would indicate a potential downside of 4.10% from the company’s current price.

Several other brokerages also recently weighed in on COLD. Scotiabank upped their target price on shares of Americold Realty Trust from $14.00 to $15.50 and gave the company a “sector perform” rating in a research note on Thursday, May 14th. Citigroup boosted their price objective on shares of Americold Realty Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Robert W. Baird set a $15.00 price objective on shares of Americold Realty Trust in a research report on Friday, May 8th. Compass Point began coverage on Americold Realty Trust in a research report on Wednesday, March 18th. They set a “buy” rating and a $14.50 target price on the stock. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Americold Realty Trust in a research note on Friday, March 27th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $14.93.

Americold Realty Trust Stock Down 0.3%

Shares of NYSE COLD traded down $0.05 on Monday, hitting $15.64. The company had a trading volume of 645,883 shares, compared to its average volume of 4,651,065. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.27. Americold Realty Trust has a 12-month low of $10.10 and a 12-month high of $18.08. The firm has a market capitalization of $4.46 billion, a P/E ratio of -39.96 and a beta of 0.97. The business has a 50 day moving average of $12.89 and a two-hundred day moving average of $12.50.

Americold Realty Trust (NYSE:COLD) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.33. The firm had revenue of $629.87 million for the quarter, compared to analyst estimates of $613.77 million. Americold Realty Trust had a negative return on equity of 3.73% and a negative net margin of 4.29%.Americold Realty Trust’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the company posted $0.34 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, equities research analysts forecast that Americold Realty Trust will post 1.18 earnings per share for the current fiscal year.

Institutional Trading of Americold Realty Trust

Several hedge funds and other institutional investors have recently bought and sold shares of COLD. Norges Bank bought a new position in Americold Realty Trust during the 4th quarter worth approximately $152,684,000. Baupost Group LLC MA bought a new stake in shares of Americold Realty Trust in the 3rd quarter valued at approximately $44,064,000. Rush Island Management LP acquired a new stake in shares of Americold Realty Trust during the 4th quarter valued at approximately $37,663,000. Morgan Stanley lifted its stake in Americold Realty Trust by 114.4% during the fourth quarter. Morgan Stanley now owns 5,330,331 shares of the company’s stock worth $68,548,000 after purchasing an additional 2,844,402 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in Americold Realty Trust by 53.4% in the third quarter. American Century Companies Inc. now owns 7,913,079 shares of the company’s stock worth $96,856,000 after purchasing an additional 2,754,751 shares during the period. 98.14% of the stock is owned by 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.