Americold Realty Trust (NYSE:COLD) Price Target Cut to $14.00 by Analysts at UBS Group

Key Points

• UBS Group cut Americold Realty Trust’s price target from $16 to $14 while maintaining a “neutral” rating, implying about 1.93% upside from the prior close.
• Analyst sentiment remains mixed but leans neutral: five analysts rate the stock a Buy, nine a Hold and two a Sell, with a consensus price target of $15.46.
• Americold reported quarterly EPS of $0.35 and revenue of $662.89 million, exceeding the revenue consensus estimate; institutional investors own 98.14% of the company’s shares.

Americold Realty Trust (NYSE:COLD - Get Free Report) had its price objective decreased by investment analysts at UBS Group from $16.00 to $14.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm currently has a "neutral" rating on the stock. UBS Group's price target would indicate a potential upside of 1.93% from the company's previous close.

A number of other analysts have also issued reports on the company. KeyCorp reaffirmed an "overweight" rating on shares of Americold Realty Trust in a report on Monday, August 10th. Royal Bank Of Canada reiterated a "sector perform" rating and set a $16.00 price target on shares of Americold Realty Trust in a report on Monday, August 17th. Piper Sandler cut their price target on Americold Realty Trust from $17.00 to $15.00 and set a "neutral" rating for the company in a report on Monday, October 12th. Bank of America raised Americold Realty Trust from an "underperform" rating to a "neutral" rating and increased their price objective for the company from $15.00 to $16.00 in a research report on Tuesday, August 18th. Finally, DA Davidson set a $16.00 price objective on shares of Americold Realty Trust in a research note on Tuesday, August 18th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $15.46.

Americold Realty Trust Stock Down 0.6%

Americold Realty Trust stock opened at $13.73 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.10 and a quick ratio of 0.10. Americold Realty Trust has a fifty-two week low of $10.10 and a fifty-two week high of $16.88. The firm has a fifty day moving average price of $14.46 and a two-hundred day moving average price of $14.30. The firm has a market cap of $3.92 billion, a price-to-earnings ratio of -8.64 and a beta of 0.92.

Americold Realty Trust (NYSE:COLD - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter. The company had revenue of $662.89 million for the quarter, compared to the consensus estimate of $613.54 million. Americold Realty Trust had a negative return on equity of 16.14% and a negative net margin of 17.44%. The firm's revenue was up 1.9% compared to the same quarter last year. During the same period last year, the business posted $0.36 earnings per share. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. As a group, analysts forecast that Americold Realty Trust will post 1.22 earnings per share for the current year.

Institutional Investors Weigh In On Americold Realty Trust

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE acquired a new stake in shares of Americold Realty Trust in the 2nd quarter valued at $48,141,000. Squarepoint Ops LLC increased its position in shares of Americold Realty Trust by 132.9% during the 2nd quarter. Squarepoint Ops LLC now owns 162,204 shares of the company's stock worth $2,550,000 after purchasing an additional 92,563 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in shares of Americold Realty Trust during the 2nd quarter worth about $10,605,000. The Manufacturers Life Insurance Company bought a new position in Americold Realty Trust during the 2nd quarter valued at about $1,175,000. Finally, Wellington Management Group LLP bought a new position in Americold Realty Trust during the 2nd quarter valued at about $8,963,000. Institutional investors own 98.14% of the company's stock.

About Americold Realty Trust

Americold Realty Trust, Inc is a real estate investment trust that owns, operates and develops temperature-controlled warehouses and distribution facilities. Through its operating platform, Americold Logistics, the company provides refrigerated and frozen storage, handling, transportation and supply-chain services for food producers, retailers, distributors and other customers.

Its facilities support the movement of perishable products, including meat, seafood, dairy, fruit, vegetables, prepared foods and pharmaceuticals.

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