Iron Mountain Inc (NYSE: IRM) is -7.65% 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 $96.74 in the last trading session, with the day’s gains setting it 0.33%.
Currently trading at $97.07, the stock is 9.12% and 11.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing 0.34% at the moment leaves the stock -7.76% off its SMA200. IRM registered 25.38% gain for a year compared to 6-month loss of -22.79%.
The stock witnessed a 14.89% gain in the last 1 month and extending the period to 3 months gives it a -8.48%, and is 1.37% 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 2.11% over the week and 3.00% over the month.
Iron Mountain Inc (IRM) has around 28850 employees, a market worth around $28.64B and $6.27B in sales. Current P/E ratio is 236.58 and Fwd P/E is 42.81. Profit margin for the company is 1.95%. Distance from 52-week low is 34.20% and -25.47% from its 52-week high. The company has generated returns on investments over the last 12 months (0.78%).
The EPS is expected to grow by 11.92% this year.
Iron Mountain Inc (IRM) Top Institutional Holders
The shares outstanding are 294.97M, and float is at 292.71M with Short Float at 3.50%.
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 May 02 ’25 at a price of $96.09 per share for a total of $6.64 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Apr 01 ’25, Meaney William L (President and CEO) disposed off 69,125 shares at an average price of $86.11 for $5.95 million. The insider now directly holds 0 shares of Iron Mountain Inc (IRM).
