Iron Mountain Inc (NYSE: IRM) is -16.02% lower on its value in year-to-date trading and has touched a low of $72.33 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 $88.47 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $88.27, the stock is 5.56% and 1.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing -0.23% at the moment leaves the stock -16.23% off its SMA200. IRM registered 14.52% gain for a year compared to 6-month loss of -29.93%. The firm has a 50-day simple moving average (SMA 50) of $86.5934 and a 200-day simple moving average (SMA200) of $105.39925.
The stock witnessed a 3.73% gain in the last 1 month and extending the period to 3 months gives it a -10.64%, and is 6.31% up 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 4.40% over the month.
Iron Mountain Inc (IRM) has around 28850 employees, a market worth around $26.04B and $6.15B in sales. Current P/E ratio is 145.42 and Fwd P/E is 41.28. Profit margin for the company is 2.93%. Distance from 52-week low is 22.04% and -32.23% 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 7.00% this year, but quarterly earnings will post 9.32% year-over-year. Quarterly sales are estimated to grow 7.95% in year-over-year returns.
Iron Mountain Inc (IRM) Top Institutional Holders
1413.0 institutions hold shares in Iron Mountain Inc (IRM), with institutional investors hold 81.63% of the company’s shares. The shares outstanding are 293.59M, and float is at 291.41M with Short Float at 3.24%. Institutions hold 80.99% 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 15.9008% 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 5.9713 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 Apr 01 ’25 at a price of $86.11 per share for a total of $5.95 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Mar 04 ’25, Meaney William L (President and CEO) disposed off 168,277 shares at an average price of $88.74 for $14.93 million. The insider now directly holds 0 shares of Iron Mountain Inc (IRM).
