Americold Realty Trust (NYSE:COLD) Updates FY 2025 Earnings Guidance

Key Points

• Americold Realty Trust has issued revised FY 2025 earnings guidance with anticipated EPS of 1.390-1.450, significantly exceeding the consensus estimate of 1.097.
• Shares of Americold closed at $14.86, with a market cap of $4.23 billion and a consensus price target of $23.58 following various analyst ratings.
• The company reported a quarterly EPS of $0.36, surpassing expectations, though its annual revenue declined by 1.5% compared to the previous year.

Americold Realty Trust (NYSE:COLD - Get Free Report) updated its FY 2025 earnings guidance on Saturday. The company provided earnings per share (EPS) guidance of 1.390-1.450 for the period, compared to the consensus estimate of 1.097. The company issued revenue guidance of -.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Wells Fargo & Company lowered their target price on shares of Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating for the company in a report on Monday, May 19th. KeyCorp lowered their target price on shares of Americold Realty Trust from $30.00 to $23.00 and set an "overweight" rating for the company in a report on Tuesday, July 1st. Royal Bank Of Canada decreased their price objective on shares of Americold Realty Trust from $25.00 to $19.00 and set an "outperform" rating for the company in a report on Monday. Wall Street Zen upgraded shares of Americold Realty Trust from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Scotiabank restated a "sector perform" rating and issued a $20.00 price objective on shares of Americold Realty Trust in a report on Thursday, May 15th. Seven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, Americold Realty Trust currently has a consensus rating of "Moderate Buy" and an average price target of $22.67.

Americold Realty Trust Stock Performance

COLD traded up $0.4250 during mid-day trading on Tuesday, reaching $14.7050. 2,439,942 shares of the company traded hands, compared to its average volume of 3,955,607. Americold Realty Trust has a 52-week low of $14.23 and a 52-week high of $29.79. The company's fifty day moving average price is $16.26 and its 200-day moving average price is $18.65. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $4.19 billion, a P/E ratio of 10.06, a P/E/G ratio of 4.42 and a beta of 0.81.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $0.02. Americold Realty Trust had a negative net margin of 2.09% and a negative return on equity of 1.68%. The firm had revenue of $650.75 million during the quarter, compared to the consensus estimate of $644.95 million. During the same quarter in the previous year, the firm posted $0.38 EPS. The company's revenue for the quarter was down 1.5% compared to the same quarter last year. On average, sell-side analysts expect that Americold Realty Trust will post 1.47 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Tidal Investments LLC lifted its stake in Americold Realty Trust by 2.5% in the 2nd quarter. Tidal Investments LLC now owns 90,021 shares of the company's stock worth $1,497,000 after purchasing an additional 2,200 shares in the last quarter. Nebula Research & Development LLC purchased a new stake in Americold Realty Trust in the 2nd quarter worth $1,393,000. First Trust Advisors LP lifted its stake in Americold Realty Trust by 1.9% in the 2nd quarter. First Trust Advisors LP now owns 73,671 shares of the company's stock worth $1,225,000 after purchasing an additional 1,378 shares in the last quarter. Bank of Nova Scotia lifted its stake in Americold Realty Trust by 69.3% in the 2nd quarter. Bank of Nova Scotia now owns 23,614 shares of the company's stock worth $393,000 after purchasing an additional 9,663 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its stake in Americold Realty Trust by 279.1% in the 2nd quarter. Lazard Asset Management LLC now owns 19,304 shares of the company's stock worth $321,000 after purchasing an additional 14,212 shares in the last quarter. Institutional investors own 98.14% of the company's stock.

About Americold Realty Trust

Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm's real estate portfolio.