Americold Realty Trust (NYSE:COLD) previous close was $37.69 while the outstanding shares total 252.94M. The firm has a beta of 0.15. COLD’s shares traded higher over the last trading session, gaining 0.88% on 05/28/21. The shares fell to a low of $37.70 before closing at $38.02. Intraday shares traded counted 1.65 million, which was 21.45% higher than its 30-day average trading volume of 2.10M. The stock’s Relative Strength Index (RSI) is 47.68, with weekly volatility at 1.89% and ATR at 0.81. The COLD stock’s 52-week price range has touched low of $32.94 and a $41.29 high.
Investors have identified the REIT – Industrial company Americold Realty Trust as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $9.52 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Americold Realty Trust (COLD) Fundamentals that are to be considered.
COLD were able to record -53.94 million as free cash flow during the 08/12/2021 quarter of the year, this saw their quarterly net cash flow reduce by -333.36 million. In cash movements, the company had a total of 46.53 million as operating cash flow.
Potential earnings growth for Americold Realty Trust (COLD)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/12/2021 quarter of the year, Americold Realty Trust recorded a total of 634.79 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 23.74% coming in sequential stages and their sales for the 08/12/2021 quarter increasing by 17.5%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 620.57 million trying to sell their products during the last quarter, with the result yielding a gross income of 14.23 million. This allows shareholders to hold on to 252.94M with the recently reported earning now reading -0.06 cents per share. This is a figure that compared to analyst’s prediction for their 08/12/2021 (0.30 cents a share).
Having a look at the company’s valuation, the company is expected to record 1.43 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on COLD sounds very interesting.
Is the stock of COLD attractive?
In related news, EVP and COO, Rodriguez Carlos V sold 5,792 shares of the company’s stock in a transaction that recorded on May 24. The sale was performed at an average price of 37.96, for a total value of 219,864. As the sale deal closes, the Director, Heistand James R now sold 30,000 shares of the company’s stock, valued at 1,134,000. Also, EVP & Chief Investment Officer, Harron James Andrew sold 6,000 shares of the company’s stock in a deal that was recorded on May 20. The shares were price at an average price of 37.98 per share, with a total market value of 227,910. Following this completion of acquisition, the EVP & Chief Legal Officer, Snyder James C JR now holds 7,047 shares of the company’s stock, valued at 266,165. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
6 out of 9 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Americold Realty Trust. 0 analysts has assigned a Sell rating on the COLD stock. The 12-month mean consensus price target for the company’s shares has been set at $44.63.