As of close of business last night, Americold Realty Trust Inc’s stock clocked out at $24.43, down -1.17% from its previous closing price of $24.72. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 3230379 shares were traded. COLD stock price reached its highest trading level at $24.78 during the session, while it also had its lowest trading level at $24.32.
Ratios:
To gain a deeper understanding of COLD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 114.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.93. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.95.
On January 16, 2024, Truist Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $31 to $35.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on May 08, 2023, whereas the target price for the stock was revised from $33 to $36.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 06 ’23 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 ’23. 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 7.02B and an Enterprise Value of 10.45B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.59 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 3.91 whereas that against EBITDA is 63.03.
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 27.45, while the 200-Day Moving Average is calculated to be 29.56.
Shares Statistics:
It appears that COLD traded 2.37M shares on average per day over the past three months and 2.43M shares per day over the past ten days. A total of 283.70M shares are outstanding, with a floating share count of 283.13M. Insiders hold about 0.23% of the company’s shares, while institutions hold 103.08% stake in the company. Shares short for COLD as of Feb 29, 2024 were 3.14M with a Short Ratio of 1.33, compared to 3.03M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.11% and a Short% of Float of 1.57%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.88, COLD has a forward annual dividend rate of 0.65. Against a Trailing Annual Dividend Yield of 3.56%, it implies a Forward Annual Dividend Yield of 3.56%. The stock’s 5-year Average Dividend Yield is 2.66.
Earnings Estimates
As of right now, 4 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.02 for the current quarter, with a high estimate of $0.05 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 $0.06 and low estimates of $0.
Analysts are recommending an EPS of between $0.33 and $0.14 for the fiscal current year, implying an average EPS of $0.24. EPS for the following year is $0.36, with 5 analysts recommending between $0.62 and $0.22.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $683.57M. It ranges from a high estimate of $691.13M 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 1.00% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $670.83M, a decrease of -4.90% less than the figure of $1.00% in the same quarter last year. There is a high estimate of $687.39M for the next quarter, whereas the lowest estimate is $649.56M.
A total of 6 analysts have provided revenue estimates for COLD’s current fiscal year. The highest revenue estimate was $2.88B, while the lowest revenue estimate was $2.71B, resulting in an average revenue estimate of $2.8B. In the same quarter a year ago, actual revenue was $2.67B, up 4.60% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $2.95B in the next fiscal year. The high estimate is $3.06B and the low estimate is $2.78B. The average revenue growth estimate for next year is up 5.60% from the average revenue estimate for this year.
