While Americold Realty Trust Inc has overperformed by 6.18%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, COLD fell by -17.88%, with highs and lows ranging from $30.45 to $20.41, whereas the simple moving average fell by -12.03% in the last 200 days.
On July 01, 2024, Wolfe Research Upgraded Americold Realty Trust Inc (NYSE: COLD) to Outperform. A report published by JP Morgan on June 26, 2024, Upgraded its rating to ‘Overweight’ for COLD. Scotiabank also Upgraded COLD shares as ‘Sector Outperform’, setting a target price of $30 on the company’s shares in a report dated May 23, 2024. Wells Fargo Initiated an Equal Weight rating on April 25, 2024, and assigned a price target of $24. Scotiabank initiated its ‘Sector Perform’ rating for COLD, as published in its report on March 27, 2024. Raymond James’s report from February 29, 2024 suggests a price prediction of $31 for COLD shares, giving the stock a ‘Outperform’ rating. Truist also rated the stock as ‘Buy’.
Analysis of Americold Realty Trust Inc (COLD)
With COLD’s current dividend of $0.88 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter decrease in sales is -1.89%, showing a negative trend in the upcoming months.
Americold Realty Trust Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -2.73% is sufficient for you to turn a profit off your investment.
The average volume for any stock is also a very valuable indicator of volatility, and COLD has an average volume of 1.89M. On a monthly basis, the volatility of the stock is set at 2.46%, whereas on a weekly basis, it is put at 2.66%, with a gain of 4.35% over the past seven days. Furthermore, long-term investors anticipate a median target price of $27.08, showing growth from the present price of $22.32, which can serve as yet another indication of whether COLD is worth investing in or should be passed over.
How Do You Analyze Americold Realty Trust Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.26%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 106.49% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
COLD shares are owned by institutional investors to the tune of 106.49% at present.
