Iron Mountain Inc (NYSE: IRM) is -18.65% lower on its value in year-to-date trading and has touched a low of $73.36 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 $87.03 in the last trading session, with the day’s loss setting it -1.52%.
Currently trading at $85.51, the stock is -2.00% and -10.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing -1.75% at the moment leaves the stock -19.35% off its SMA200. IRM registered 9.65% gain for a year compared to 6-month loss of -28.25%. The firm has a 50-day simple moving average (SMA 50) of $95.716 and a 200-day simple moving average (SMA200) of $106.06455.
The stock witnessed a -8.13% gain in the last 1 month and extending the period to 3 months gives it a -18.73%, and is -3.30% 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 2.59% over the week and 3.00% over the month.
Iron Mountain Inc (IRM) has around 28850 employees, a market worth around $25.12B and $6.15B in sales. Current P/E ratio is 140.87 and Fwd P/E is 39.31. Profit margin for the company is 2.93%. Distance from 52-week low is 16.57% and -34.34% from its 52-week high. The company has generated returns on investments over the last 12 months (1.21%).
The EPS is expected to grow by 7.60% this year
1448.0 institutions hold shares in Iron Mountain Inc (IRM), with institutional investors hold 82.32% of the company’s shares. The shares outstanding are 293.59M, and float is at 291.41M with Short Float at 2.97%. Institutions hold 81.55% of the Float.
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 9.5084 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 168,277 shares of the company’s common stock on Mar 04 ’25 at a price of $88.74 per share for a total of $14.93 million. Following the sale, the insider now owns 0.0 shares.
Iron Mountain Inc disclosed in a document filed with the SEC on Mar 03 ’25 that Meaney William L (President and CEO) sold a total of 69,125 shares of the company’s common stock. The trade occurred on Mar 03 ’25 and was made at $91.34 per share for $6.31 million. Following the transaction, the insider now directly holds 0.17 million shares of the IRM stock.
Still, SEC filings show that on Mar 03 ’25, Meaney William L (President and CEO) disposed off 172,552 shares at an average price of $91.33 for $15.76 million. The insider now directly holds 237,402 shares of Iron Mountain Inc (IRM).
