After finishing at $25.25 in the prior trading day, Americold Realty Trust Inc (NYSE: COLD) closed at $24.94, down -1.23%. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 3300960 shares were traded.
Ratios:
Our goal is to gain a better understanding of COLD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 117.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.79. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.97.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on January 16, 2024, Upgraded its rating to Buy and sets its target price to $35 from $31 previously.
On May 08, 2023, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $33 to $36.
Barclays Upgraded its Underweight to Equal Weight on March 23, 2023, whereas the target price for the stock was revised from $30 to $32.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 06 when NOVOSEL THOMAS C sold 6,000 shares for $28.36 per share. The transaction valued at 170,160 led to the insider holds 4,616 shares of the business.
CHAMBERS ROBERT SCOTT sold 9,100 shares of COLD for $256,802 on Nov 28. The EVP, Chief Commercial Officer now owns 0 shares after completing the transaction at $28.22 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COLD now has a Market Capitalization of 7.08B and an Enterprise Value of 10.51B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.65 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 3.93 whereas that against EBITDA is 63.39.
Stock Price History:
Over the past 52 weeks, COLD has reached a high of $33.82, while it has fallen to a 52-week low of $24.31. The 50-Day Moving Average of the stock is 28.85, while the 200-Day Moving Average is calculated to be 29.87.
Shares Statistics:
The stock has traded on average 2.11M shares per day over the past 3-months and 2.98M shares per day over the last 10 days, according to various share statistics. A total of 283.70M shares are outstanding, with a floating share count of 282.87M. Insiders hold about 0.23% of the company’s shares, while institutions hold 103.17% stake in the company. Shares short for COLD as of Jan 31, 2024 were 3.03M with a Short Ratio of 1.44, compared to 2.48M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.07% and a Short% of Float of 1.51%.
Dividends & Splits
In the trailing 12 months, COLD’s forward annual dividend rate was 0.88, compared to 0.88 this year. Against a Trailing Annual Dividend Yield of 3.49%, it implies a Forward Annual Dividend Yield of 3.53%. The stock’s 5-year Average Dividend Yield is 2.65.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.06 and a low estimate of $0, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0.04, with high estimates of $0.05 and low estimates of $0.
Analysts are recommending an EPS of between $0.43 and $0.14 for the fiscal current year, implying an average EPS of $0.3. EPS for the following year is $0.43, with 6 analysts recommending between $0.74 and $0.22.
Revenue Estimates
4 analysts predict $690.91M in revenue for the current quarter. It ranges from a high estimate of $710.05M to a low estimate of $672.35M. As of the current estimate, Americold Realty Trust Inc’s year-ago sales were $676.49M, an estimated increase of 2.10% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $675.07M, a decrease of -4.30% less than the figure of $2.10% in the same quarter last year. There is a high estimate of $693.52M for the next quarter, whereas the lowest estimate is $649.56M.
A total of 7 analysts have provided revenue estimates for COLD’s current fiscal year. The highest revenue estimate was $3.1B, while the lowest revenue estimate was $2.71B, resulting in an average revenue estimate of $2.86B. In the same quarter a year ago, actual revenue was $2.67B, up 6.80% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $3.03B in the next fiscal year. The high estimate is $3.35B and the low estimate is $2.78B. The average revenue growth estimate for next year is up 6.20% from the average revenue estimate for this year.
