Iron Mountain Inc (NYSE: IRM) is -11.64% lower on its value in year-to-date trading and has touched a low of $66.84 and a high of $130.24 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IRM stock was last observed hovering at around $94.21 in the last trading session, with the day’s loss setting it -1.34%.
Currently trading at $92.87, the stock is -9.41% and -11.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.87 million and changing -1.42% at the moment leaves the stock -11.50% off its SMA200. IRM registered 34.83% gain for a year compared to 6-month gain of -14.16%.
The stock witnessed a -14.97% loss in the last 1 month and extending the period to 3 months gives it a -17.90%, and is -12.56% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.97% over the week and 3.32% over the month.
Iron Mountain Inc (IRM) has around 28850 employees, a market worth around $27.28B and $6.15B in sales. Current P/E ratio is 153.00 and Fwd P/E is 41.65. Profit margin for the company is 2.93%. Distance from 52-week low is 38.95% and -28.69% from its 52-week high. The company has generated returns on investments over the last 12 months (1.21%).
with sales reaching $1.59B over the same period.The EPS is expected to grow by 8.35% this year, but quarterly earnings will post 9.30% year-over-year. Quarterly sales are estimated to grow 7.93% in year-over-year returns.
The shares outstanding are 293.59M, and float is at 291.50M with Short Float at 2.76%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 46.64 million shares valued at $4.18 billion. The investor’s holdings represent 15.933 of the IRM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 27.89 million shares valued at $2.5 billion to account for 9.5277 of the shares outstanding. The other top investors are COHEN & STEERS, INC. which holds 23.05 million shares representing 7.8581 and valued at over $2.07 billion, while STATE STREET CORP holds 5.9834 of the shares totaling 17.52 million with a market value of $1.58 billion.
Iron Mountain Inc (IRM) Insider Activity
The most recent transaction is an insider sale by Meaney William L, the company’s President and CEO. SEC filings show that Meaney William L sold 69,125 shares of the company’s common stock on Feb 03 ’25 at a price of $99.83 per share for a total of $6.9 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Jan 02 ’25, Meaney William L (President and CEO) disposed off 69,131 shares at an average price of $104.85 for $7.25 million. The insider now directly holds 0 shares of Iron Mountain Inc (IRM).
