Headquartered in Atlanta, GA Fiscal year ends December NYSE: COLD americold.com
Americold Realty Trust, Inc. (NYSE: COLD) is a global temperature-controlled logistics and real estate company that supports the safe, efficient movement of food worldwide. The company operates 224 facilities across North America, Europe, Asia-Pacific, and South America, totaling approximately 1.4 billion refrigerated cubic feet and approximately 5.2 million pallet positions. Americold connects food producers, processors, distributors, and retailers through cold storage warehousing and transportation services, serving approximately 2,900 customers with around 12,000 associates. The company holds approximately 18% of North American and 6% of global cold storage market share in a highly fragmented industry. Americold operates as a REIT and reports through two segments: Warehouse and Transportation. Its warehouse portfolio spans four categories: Production Advantaged (39% of warehouse revenue), Forward Distribution (26%), Retail Distribution (22%), and Port facilities (13%). The company leverages its proprietary Americold Operating System, advanced technology including the Project Orion ERP platform with warehouse management, labor management, transportation management, and warehouse execution systems, and has identified over 415 generative AI use cases. Americold is pursuing a strategic joint venture with EQT valued at approximately $1.3 billion to strengthen its balance sheet and provide a platform for future developments, and maintains a 49% equity interest in the Dubai-based RSA joint venture. Updated
Markets stumbled to start the week as oil surged, Iran rattled nerves, and bond yields hit levels not seen since 2007, leaving Wall Street analysts scrambling to reassess positions across retail, tech,…
Real estate investment trusts can generate steady income and hedge against inflation. Analyst expectations for Innovative Industrial Properties stock are particularly high.
Tuesday's top analyst upgrades and downgrades included Albemarle, Alcoa, American Airlines, Coinbase Global, Draftkings, Dropbox, Fortinet, Monster Beverage, Monster Beverage, Snowflake, Southwest Airlines, Walt Disney and XPO.
Friday's top analyst upgrades and downgrades included AMC Entertainment, APA, Chewy, Coterra Energy, Dynatrace, FirstSolar, Marathon Oil, Match, Meta Platforms, Ovintiv, Pioneer Natural Resources, Samsara, SL Green Realty and Toast.
Tuesday's top analyst upgrades and downgrades included Advanced Micro Devices, Arista Networks, Biogen, CyberArk Software, Global Payments, Kanzhun, Medical Properties Trust, Meta Platforms, Nvidia and Redfin.
Barclays recently issued a few calls across multiple industries picking a couple winners and a couple losers.
Tuesday’s top analyst upgrades and downgrades included Alphabet, Amazon.com, Americold Realty Trust, Azek, Ball, Corteva, DraftKings, Dun & Bradstreet, Global Blood Therapeutics, Lululemon Athletica, Rhythm Pharmaceuticals and Western Digital.
Friday's top analyst upgrades and downgrades included Costco Wholesale, Dentsply Sirona, Freeport-McMoRan, General Electric, Meta Platforms, Micron Technology, Paramount Global, Schlumberger and Warner Bros. Discovery.
Monday’s top analyst upgrades and downgrades included Activision Blizzard, Advanced Micro Devices, Beyond Meat, Darden Restaurants, Dollar Tree, DraftKings, HP, Tesla and Victoria's Secret.
Americold Realty Trust, Inc. (NYSE: COLD) is a global temperature-controlled logistics and real estate company that supports the safe, efficient movement of food worldwide.
The Wall Street consensus 12-month price target for COLD is $16.26.
