It’s still a bull thesis, just subverted: Americold Realty Trust Inc (COLD)

At the time of writing, Americold Realty Trust Inc [COLD] stock is trading at $26.24, up 3.72%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The COLD shares have gain 1.82% over the last week, with a monthly amount drifted -4.58%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On 22, February 2024, Americold Announces Fourth Quarter And Full Year 2023 Results. In a post published today on Yahoo Finance, Delivers Double-Digit AFFO per Share Growth for Full Year 2023Achieves Record Setting Same-Store Economic Occupancy and Fixed Commitments in Full Year 2023Delivers Strong Same-Store Warehouse Services NOI margins in Fourth Quarter 2023Announces Two Inaugural Developments with Canadian Pacific and DP World Strategic Partnerships.

From an analyst’s perspective:

Americold Realty Trust Inc [NYSE: COLD] stock has seen the most recent analyst activity on February 29, 2024, when Raymond James upgraded its rating to a Outperform but kept the price target unchanged to $31 for it. Previously, Truist upgraded its rating to Buy on January 16, 2024, and elevated its price target to $35. On May 08, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $36 on the stock. Barclays upgraded its rating to a Equal Weight and increased its price target to $32 on March 23, 2023. Truist downgraded its rating to a Hold but $34 remained the price target by the analyst firm on January 17, 2023. Exane BNP Paribas started tracking with a Outperform rating for this stock on December 14, 2022, and assigned it a price target of $38. In a note dated November 14, 2022, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $27.50 to $33.50.

For the past year, the stock price of Americold Realty Trust Inc fluctuated between $24.31 and $33.82. Currently, Wall Street analysts expect the stock to reach $34.67 within the next 12 months. Americold Realty Trust Inc [NYSE: COLD] shares were valued at $26.24 at the most recent close of the market. An investor can expect a potential return of 32.13% based on the average COLD price forecast.

Analyzing the COLD fundamentals

According to Americold Realty Trust Inc [NYSE:COLD], the company’s sales were 2.67B for trailing twelve months, which represents an -5.85% plunge. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.09 and Total Capital is -0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 25.45 points at the first support level, and at 24.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.64, and for the 2nd resistance point, it is at 27.05.

Americold Realty Trust Inc [COLD] reported earnings per share of -$0.8 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.1/share, meaning a difference of -$0.9 and a surprise factor of -900.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.01 per share as compared to estimates of $0.05 per share, a difference of -$0.06 representing a surprise of -120.00%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 2.79, the price to book ratio is 2.06.

Transactions by insiders

Recent insider trading involved NOVOSEL THOMAS C,, that happened on Dec 06 when 6000.0 shares were sold. EVP, Chief Commercial Officer, CHAMBERS ROBERT SCOTT completed a deal on Nov 28 to sell 9100.0 shares.

Related Posts