As of Thursday close, Americold Realty Trust Inc.’s (NYSE:COLD) stock was down -$0.91, moving down -2.79 percent to $31.65. The average number of shares traded per day over the past five days has been 1,510,300 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.02 fall in that time frame. In the last twenty days, the average volume was 1,294,925, while in the previous 50 days, it was 1,211,014.
Since last month, COLD stock retreated -1.83%. Shares of the company fell to $31.64 on 09/21/23, the lowest level in the past month. A 52-week high of $33.90 was reached on 09/01/23 after having rallying from a 52-week low of $21.49. Since the beginning of this year, COLD’s stock price has risen by 11.80% or $3.34, and marked a new high 21 times. However, the stock has declined by -6.64% 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 316 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 3.02, the price-to-book (PB) ratio of 2.39.
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 16.69%, the RSI 9-day stood at 30.20% on 21 September.
With respect to its five-day moving average, the current Americold Realty Trust Inc. price is down by -3.12% percent or -$1.02. At present, COLD shares trade -4.12% below its 20-day simple moving average and +6.96% percent above its 100-day simple moving average. However, the stock is currently trading approximately -1.98% below its SMA50 and +5.54% above its SMA200.
Stochastic coefficient K was 11.53% and Stochastic coefficient D was 19.51%, while ATR was 0.61. Given the Stochastic reading of 0.44% for the 14-day period, the RSI (14) reading has been calculated as 37.71%. As of today, the MACD Oscillator reading stands at -0.32, while the 14-day reading stands at -0.46.
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 4 recommending it as overweight.
With a median target price of $36.00, 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 $35.56.
