Americold stock hits 52-week low at $20.96 amid market challenges

Published 10-01-2025, 08:04 pm
COLD
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In a challenging market environment, Americold Realty Trust (NYSE:COLD) stock has reached a new 52-week low, touching down at $20.96. The industrial REIT, with a market capitalization of $6.02 billion, currently offers a 4.16% dividend yield. According to InvestingPro analysis, the stock appears slightly undervalued at current levels. This latest price point underscores a period of significant pressure for the company, which has seen its stock value decline by 28.84% over the past year. Investors are closely monitoring Americold's performance as the company navigates through the headwinds affecting the real estate investment trust sector, with particular attention to how it will address the factors that have led to this year-long downward trend. Despite current challenges, analysts maintain a bullish outlook, with price targets ranging from $22 to $31.50. For deeper insights into Americold's valuation and growth prospects, access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Americold Realty Trust reported significant financial growth and strategic expansion in its Q3 2024 earnings. The company revealed an 11% increase in Adjusted Funds From Operations (AFFO) and same-store Net Operating Income (NOI), with AFFO reaching approximately $100 million. In addition, Americold announced a $148 million automated expansion in Dallas-Fort Worth and exceeded its 2024 development start guidance, totaling $305 million.

On the executive front, Americold's compensation committee approved a market adjustment to CFO Jay Wells' salary and long-term incentive plan. His base salary has been increased from $575,000 to $640,000, and the target value of his annual equity award has been significantly raised to $1,600,000 for 2025.

In terms of analyst outlook, both Citi and RBC Capital revised their price targets for Americold. Citi reduced its price target to $25.00 from the previous $30.00 while maintaining a Neutral rating on the stock. RBC Capital also reduced its price target to $30 from the previous $33, but maintained an Outperform rating on the stock. These are the latest updates in Americold's ongoing financial and strategic developments.

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