Americold Realty Trust (COLD) Set to Announce Earnings on Thursday

Americold Realty Trust (NYSE:COLD) is scheduled to issue its quarterly earnings data after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.28 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Americold Realty Trust Price Performance

Shares of COLD stock opened at $22.54 on Tuesday. Americold Realty Trust has a 52-week low of $21.87 and a 52-week high of $33.90. The stock has a market cap of $6.40 billion, a PE ratio of -18.63, a PEG ratio of 2.00 and a beta of 0.54. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.17 and a current ratio of 0.17. The firm’s 50 day moving average price is $24.24 and its two-hundred day moving average price is $26.76.

Americold Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a $0.22 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.88 dividend on an annualized basis and a yield of 3.90%. Americold Realty Trust’s payout ratio is presently -72.73%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Truist Financial raised shares of Americold Realty Trust from a “hold” rating to a “buy” rating and lifted their price target for the stock from $31.00 to $35.00 in a research report on Tuesday, January 16th. Barclays cut their price objective on shares of Americold Realty Trust from $32.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 27th. KeyCorp cut their price objective on shares of Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating on the stock in a research report on Friday, March 22nd. Scotiabank assumed coverage on shares of Americold Realty Trust in a research report on Wednesday, March 27th. They issued a “sector perform” rating and a $27.00 price objective on the stock. Finally, Wells Fargo & Company assumed coverage on shares of Americold Realty Trust in a research report on Thursday, April 25th. They issued an “equal weight” rating and a $24.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Americold Realty Trust has a consensus rating of “Moderate Buy” and a consensus target price of $30.33.

Americold Realty Trust Company Profile

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.