As of Wednesday close, Americold Realty Trust Inc.’s (NYSE:COLD) stock was up $0.35, moving up 1.05 percent to $33.73. The average number of shares traded per day over the past five days has been 1,114,820 shares. 2 times new highs have been achieved over the past 5 days, with a $0.72 gain in that time frame. In the last twenty days, the average volume was 1,205,360, while in the previous 50 days, it was 1,200,546.
Since last month, COLD stock rose 3.69%. Shares of the company fell to $31.19 on 08/18/23, the lowest level in the past month. A 52-week high of $33.71 was reached on 08/30/23 after having rallying from a 52-week low of $21.49. Since the beginning of this year, COLD’s stock price has risen by 19.15% or $5.42, and marked a new high 19 times. However, the stock has increased by 0.06% since its 52-week high.
COLD stock investors should be aware that Americold Realty Trust Inc. (COLD) stock had its last reported insider trading activity 294 days ago on Nov 10. Snyder James C JR, the EVP & Chief Legal Officer of the company, disposed of 3,400 shares for $29.86 on Nov 10. It resulted in a $101,514 divestment by the insider.
Valuation Metrics
The stock’s beta is 0.52. Besides these, the trailing price-to-sales (P/S) ratio of 3.24, the price-to-book (PB) ratio of 2.55.
The latest dividend of $0.22 per share was paid out, remained unchanged from last year’s $0.22. On Thursday March 11 2021, a $0.01 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.99, and the total debt-to-equity ratio was 0.99. On the profitability front, the trailing twelve-month gross margin is 26.40% percent. In the year ended June 29, operating margins totaled 3.80%. Based on annual data, COLD earned $87.87 million in gross profit and brought in $2.91 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.50%. Return on equity (ROE) for the past 12 months was -3.00%.
In Americold Realty Trust Inc.’s quarter-end financial report for June 29, it reported total debt of $2.59 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. COLD’s revenue fell -12.34% to $676.49 million during the quarter, while net income inched up to $649.61 million. While analysts expected Americold Realty Trust Inc. to report $0.01 quarterly earnings, the actual figure was -$0.39 per share. During the quarter, the company generated $103.92 million in EBITDA. The value of shareholders’ equity is $270.25 million.
Technical Picture
This quick technical analysis looks at Americold Realty Trust Inc.’s (COLD) price momentum. With a historical volatility rate of 14.72%, the RSI 9-day stood at 71.79% on 30 August.
With respect to its five-day moving average, the current Americold Realty Trust Inc. price is up by +2.18% percent or $0.72. At present, COLD shares trade +3.24% above its 20-day simple moving average and +20.21% percent above its 100-day simple moving average. However, the stock is currently trading approximately +5.77% above its SMA50 and +13.99% above its SMA200.
Stochastic coefficient K was 91.00% and Stochastic coefficient D was 82.66%, while ATR was 0.61. Given the Stochastic reading of 94.60% for the 14-day period, the RSI (14) reading has been calculated as 66.01%. As of today, the MACD Oscillator reading stands at 0.63, while the 14-day reading stands at 0.98.
Analyst Ratings
RBC Capital Mkts upgraded its rating on Americold Realty Trust Inc. (NYSE: COLD) to an Outperform in a note to investors on May 08, 2023. The analysts firm previously had a Sector perform rating on the stock.Americold Realty Trust Inc. (COLD) has been rated Overweight by analysts. According to 0 brokerage firms, COLD is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Americold Realty Trust Inc. stock as buy, with 5 recommending it as overweight.
With a median target price of $35.50, the current consensus forecast for the stock is $32.00 – $39.00. Based on these forecasts, analysts predict Americold Realty Trust Inc. (COLD) will achieve an average price target of $35.40.
