UBS Group Forecasts Strong Price Appreciation for Americold Realty Trust (NYSE:COLD) Stock

Americold Realty Trust (NYSE:COLD) had its price objective increased by equities researchers at UBS Group from $13.00 to $16.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price objective suggests a potential upside of 0.62% from the stock’s previous close.

A number of other analysts have also weighed in on the company. Citigroup increased their price objective 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. Wells Fargo & Company upped their price target on shares of Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Royal Bank Of Canada upped their price target on shares of Americold Realty Trust from $14.00 to $16.00 and gave the company a “sector perform” rating in a report on Tuesday, May 26th. Piper Sandler assumed coverage on shares of Americold Realty Trust in a research report on Wednesday, April 1st. They set a “neutral” rating and a $13.00 price target for the company. Finally, Scotiabank reissued a “sector perform” rating on shares of Americold Realty Trust in a report on Friday, July 10th. Four equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $15.00.

Americold Realty Trust Trading Up 0.8%

NYSE COLD opened at $15.90 on Friday. The firm has a market cap of $4.54 billion, a PE ratio of -40.77 and a beta of 0.96. Americold Realty Trust has a 1-year low of $10.10 and a 1-year high of $17.12. The stock has a 50-day moving average of $15.03 and a 200-day moving average of $13.38. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.27.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.33. The business 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% compared to the same quarter last year. During the same period last year, the company earned $0.34 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, sell-side analysts forecast that Americold Realty Trust will post 1.16 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in Americold Realty Trust by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 38,597,711 shares of the company’s stock worth $496,367,000 after acquiring an additional 388,809 shares in the last quarter. Norges Bank purchased a new stake in shares of Americold Realty Trust in the 4th quarter worth approximately $152,684,000. State Street Corp raised its stake in Americold Realty Trust by 0.7% during the fourth quarter. State Street Corp now owns 10,713,586 shares of the company’s stock valued at $140,203,000 after buying an additional 75,814 shares during the last quarter. Lasalle Investment Management Securities LLC boosted its holdings in Americold Realty Trust by 2.3% in the first quarter. Lasalle Investment Management Securities LLC now owns 6,962,583 shares of the company’s stock worth $79,791,000 after acquiring an additional 157,627 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Americold Realty Trust by 4.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,849,709 shares of the company’s stock worth $75,227,000 after acquiring an additional 251,217 shares during the last quarter. 98.14% of the stock is currently 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.