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Americold Realty Trust (COLD): A Bull Case Theory
Yahoo Finance· 2025-09-28 23:43
Company Overview - Americold Realty Trust (COLD) is currently trading at approximately $12.83, with a forward P/E ratio of 27.89 [1] - The company is viewed as a compelling investment opportunity due to its historic discount, trading at around 5.8x net debt to EBITDA and over a 50% discount to the analyst consensus NAV of approximately $28 [2] Market Dynamics - The cold storage market is experiencing growth driven by increasing demand for frozen food, pharmaceuticals, and e-commerce [3] - Americold and Lineage control about 54% of the North American market share, indicating limited new supply in the face of rising demand [3] Financial Performance - Americold has shown growth in Funds From Operations (FFO), with analyst projections indicating a 7-10% growth in Net Operating Income (NOI) for the next year [3] - The implied cap rate for Americold is in the double digits, significantly above historical private market sales trends in the cold storage sector [2] Investment Thesis - The current risk-reward profile for investing in Americold appears favorable due to its historically low share price, adequate dividend coverage, and substantial NAV gap compared to private market trends [4] - The company is considered a top position in Nugget Capital Partners' portfolio, highlighting its strong market position and resilience in the cold storage industry [4][5]
Class Action Filed Against Lineage, Inc. (LINE) - September 30, 2025 Deadline to Join - Contact The Gross Law Firm
Prnewswire· 2025-08-18 12:45
Core Viewpoint - The lawsuit against Lineage, Inc. alleges that the company misled investors regarding its financial health and operational performance during the class period surrounding its IPO on July 26, 2024 [2]. Allegations - The complaint claims that Lineage experienced a significant decline in customer demand due to increased cold-storage supply and a shift in customer inventory strategies post-COVID-19 [2]. - It is alleged that the company raised prices prior to the IPO, which could not be sustained amid weakening demand [2]. - Lineage reportedly failed to mitigate adverse trends through operational efficiencies or competitive advantages, leading to stagnant or declining revenue, occupancy rates, and rent prices [2]. - The financial results and business prospects of Lineage were materially impaired as a result of these issues [2]. Class Action Details - Shareholders who purchased Lineage shares during the specified class period are encouraged to register for the class action by September 30, 2025 [3]. - Registration allows shareholders to receive updates on the case and does not incur any costs or obligations [3]. Law Firm Information - The Gross Law Firm is recognized for its commitment to protecting investors' rights and addressing corporate misconduct [4].
Deadline Alert: Lineage, Inc. (LINE) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
GlobeNewswire News Room· 2025-08-14 16:00
Core Viewpoint - The article discusses a class action lawsuit against Lineage, Inc. due to significant financial losses and misleading statements made during its IPO process, with a deadline for investors to file a lead plaintiff motion by September 30, 2025 [1][8]. Financial Performance - Lineage conducted its IPO in July 2024, selling over 65 million shares at $78 per share [2]. - The company reported a net loss of $543 million in Q3 2024, leading to a stock price drop of $5.22, or 7.4%, to close at $65.79 on November 6, 2024 [3]. - In Q1 2025, total revenue decreased by 2.7% to $1.29 billion, resulting in a further stock price decline of $8.16, or 14.62%, to close at $47.65 on April 30, 2025 [5]. Company Developments - Lineage announced employee layoffs on January 14, 2025, due to reduced customer demand, just six months post-IPO [3]. - The company dismissed its auditor, KPMG LLP, on April 7, 2025, causing its stock price to fall by $5.29, or 9.9%, over two trading days [4]. - On June 3, 2025, Lineage indicated flat demand for its products and services, with stock prices remaining significantly below the IPO price [6]. Allegations in the Lawsuit - The lawsuit claims that the Registration Statement contained materially false and misleading statements and failed to disclose adverse facts about the company's business and prospects [7]. - Specific allegations include sustained weakening in customer demand, inability to maintain price increases, and misleading representations about revenue growth and occupancy rates [7].
Class Action Filed Against Lineage, Inc. (LINE) - September 30, 2025 Deadline to Join – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-08-13 20:41
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Lineage, Inc. regarding a class action lawsuit related to the company's initial public offering (IPO) on July 26, 2024, alleging that the company made materially false and misleading statements about its financial health and business operations [1][3][4]. Allegations - The lawsuit claims that during the class period, Lineage experienced a significant decline in customer demand due to increased cold-storage supply and a destocking of excess inventory from the COVID-19 pandemic, leading customers to maintain leaner inventories [4]. - It is alleged that Lineage implemented unsustainable price increases prior to the IPO, which could not be maintained in the face of weakening demand [4]. - The company reportedly failed to counteract adverse trends through operational efficiencies or competitive advantages, resulting in stagnant or declining revenue, occupancy rates, and rent prices, contrary to the representations made in the registration statement [4]. - As a result of these issues, Lineage's financial results, business operations, and future prospects were materially impaired [4]. Next Steps for Shareholders - Shareholders who purchased shares of Lineage during the specified class period are encouraged to register for the class action by September 30, 2025, to potentially be appointed as lead plaintiffs [5]. - Once registered, shareholders will receive updates on the case through a portfolio monitoring software [5]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights and ensuring companies adhere to responsible business practices [6].
Americold Realty Trust(COLD) - 2025 Q2 - Earnings Call Presentation
2025-08-07 12:00
Company Overview and Strategy - Americold is a global leader in the cold storage industry, operating a network of strategically located warehouses [7, 83] - The company's strategy focuses on solutions, operational excellence, and experienced leadership [7, 83] - Americold has a capital allocation strategy supported by a blue-chip customer base and unique partnerships [7, 83] Financial Performance and Highlights - The company's total enterprise value is $8.7 billion, with an equity market capitalization of $4.8 billion as of June 30, 2025 [13] - LTM Pro Forma Core EBITDA is $626 million [13] - The company experienced a (1.5)% change in total same-store revenue and a (4.2)% change in same-store NOI for Q2 2025 [13] - Adjusted FFO grew by 34% from $299 million in 2021 to $405 million in LTM Q2 25 [15] Infrastructure and Operations - Americold operates approximately 237 warehouses globally, with a total capacity of approximately 1.5 billion cubic feet [11] - The company has a development pipeline of approximately $1 billion in current projects [18, 49] - Americold's operating system (AOS) ensures best practices across the entire warehouse network [18, 52] Growth Drivers and Market Position - The company has strong same-store warehouse revenue and NOI growth [63, 64] - Americold is a global leader in a highly fragmented market, holding 18% of the North American market share and 6% of the global market share [58, 59]