Americold Realty Trust Inc (NYSE: COLD): Reassessing Prospects

Americold Realty Trust Inc (COLD) concluded trading on Thursday at a closing price of $23.05, with 8.05 million shares of worth about $185.67 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -21.71% during that period and on February 27, 2025 the price saw a gain of about 2.67%. Currently the company’s common shares owned by public are about 284.27M shares, out of which, 283.62M shares are available for trading.

Stock saw a price change of 3.27% in past 5 days and over the past one month there was a price change of 4.20%. Year-to-date (YTD), COLD shares are showing a performance of 7.71% which decreased to -8.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.41 but also hit the highest price of $30.45 during that period. The average intraday trading volume for Americold Realty Trust Inc shares is 1.99 million. The stock is currently trading 5.67% above its 20-day simple moving average (SMA20), while that difference is up 6.38% for SMA50 and it goes to -9.12% lower than SMA200.

Americold Realty Trust Inc (NYSE: COLD) currently have 284.27M outstanding shares and institutions hold larger chunk of about 106.48% of that.

The stock has a current market capitalization of $6.55B and its 3Y-monthly beta is at 0.58. It has posted earnings per share of -$0.33 in the same period. It has a debt-to-equity ratio of 1.12. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for COLD, volatility over the week remained 2.96% while standing at 2.56% over the month.

Stock’s fiscal year EPS is expected to rise by 238.89% while it is estimated to increase by 34.36% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wolfe Research on July 01, 2024 offering an Outperform rating for the stock and assigned a target price of $31 to it. Coverage by JP Morgan stated Americold Realty Trust Inc (COLD) stock as an Overweight in their note to investors on June 26, 2024, suggesting a price target of $30 for the stock. On May 23, 2024, Scotiabank Upgrade their recommendations, while on April 25, 2024, Wells Fargo Initiated their ratings for the stock with a price target of $24. Stock get a Sector perform rating from Scotiabank on March 27, 2024.

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