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

Americold Realty Trust (NYSE:COLD - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 1.420-1.520 for the period, compared to the consensus EPS estimate of 1.090. The company issued revenue guidance of -.

Americold Realty Trust Stock Down 0.2%

Shares of COLD stock traded down $0.04 during trading on Monday, reaching $16.60. The company's stock had a trading volume of 2,285,159 shares, compared to its average volume of 2,708,308. Americold Realty Trust has a 1-year low of $16.11 and a 1-year high of $30.45. The stock's 50-day moving average price is $17.73 and its 200 day moving average price is $20.07. The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of -38.60, a P/E/G ratio of 1.59 and a beta of 0.84. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.13 and a quick ratio of 0.13.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.01). Americold Realty Trust had a negative net margin of 4.58% and a negative return on equity of 3.60%. The business had revenue of $628.98 million during the quarter, compared to analysts' expectations of $667.18 million. During the same period in the prior year, the business earned $0.37 EPS. The business's quarterly revenue was down 5.4% on a year-over-year basis. On average, research analysts anticipate that Americold Realty Trust will post 1.47 EPS for the current year.

Americold Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.23 per share. The ex-dividend date is Monday, June 30th. This represents a $0.92 annualized dividend and a yield of 5.54%. Americold Realty Trust's dividend payout ratio (DPR) is -213.95%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Scotiabank reissued a "sector perform" rating and set a $20.00 price objective on shares of Americold Realty Trust in a research report on Thursday, May 15th. BNP Paribas Exane downgraded shares of Americold Realty Trust from an "outperform" rating to a "neutral" rating and set a $18.00 target price for the company. in a research note on Thursday, June 12th. JPMorgan Chase & Co. cut Americold Realty Trust from an "overweight" rating to a "neutral" rating and lowered their price objective for the stock from $24.00 to $21.00 in a research report on Monday, June 23rd. Wells Fargo & Company cut their target price on Americold Realty Trust from $23.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Monday, May 19th. Finally, Robert W. Baird cut their price objective on shares of Americold Realty Trust from $27.00 to $23.00 and set an "outperform" rating on the stock in a report on Friday, May 16th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $24.67.

Insider Activity

In related news, CEO George F. Jr. Chappelle purchased 110,000 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were purchased at an average price of $17.99 per share, with a total value of $1,978,900.00. Following the completion of the acquisition, the chief executive officer now directly owns 110,000 shares in the company, valued at $1,978,900. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Jay Wells acquired 10,000 shares of the firm's stock in a transaction on Monday, May 12th. The shares were bought at an average cost of $17.91 per share, with a total value of $179,100.00. Following the completion of the transaction, the chief financial officer now directly owns 10,000 shares in the company, valued at $179,100. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.23% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Empowered Funds LLC purchased a new stake in Americold Realty Trust in the 1st quarter valued at approximately $240,000. Jane Street Group LLC raised its position in Americold Realty Trust by 8.7% in the first quarter. Jane Street Group LLC now owns 71,335 shares of the company's stock worth $1,531,000 after acquiring an additional 5,693 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Americold Realty Trust by 42.5% in the first quarter. Goldman Sachs Group Inc. now owns 2,098,104 shares of the company's stock valued at $45,025,000 after acquiring an additional 626,160 shares during the period. 98.14% of the stock is owned by hedge funds and other institutional investors.

Americold Realty Trust Company Profile

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.