Iron Mountain Inc (NYSE: IRM) is 0.99% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IRM stock was last observed hovering at around $98.24 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $98.69, the stock is -1.76% and -1.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 0.46% at the moment leaves the stock -4.04% off its SMA200. IRM registered -6.11% loss for a year compared to 6-month loss of -5.14%. The firm has a 50-day simple moving average (SMA 50) of $99.5326 and a 200-day simple moving average (SMA200) of $103.1581.
The stock witnessed a -3.31% gain in the last 1 month and extending the period to 3 months gives it a 18.48%, and is -0.27% 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 1.72% over the week and 2.14% over the month.
Iron Mountain Inc (IRM) has around 28850 employees, a market worth around $29.12B and $6.27B in sales. Current P/E ratio is 240.53 and Fwd P/E is 42.30. Profit margin for the company is 1.95%. Distance from 52-week low is 36.44% and -24.22% 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 12.59% this year
1372.0 institutions hold shares in Iron Mountain Inc (IRM), with institutional investors hold 84.97% of the company’s shares. The shares outstanding are 294.97M, and float is at 292.64M with Short Float at 2.72%. Institutions hold 84.29% 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 Jul 01 ’25 at a price of $100.36 per share for a total of $6.94 million. Following the sale, the insider now owns 0.0 shares.
Iron Mountain Inc disclosed in a document filed with the SEC on Jul 01 ’25 that Kidd Mark (EVP, GM Data Centers & ALM) sold a total of 6,000 shares of the company’s common stock. The trade occurred on Jul 01 ’25 and was made at $102.02 per share for $0.61 million. Following the transaction, the insider now directly holds 91081.0 shares of the IRM stock.
Still, SEC filings show that on Jul 01 ’25, McIntosh Greg W (EVP, CCO & GM, Global RM) disposed off 17,334 shares at an average price of $100.00 for $1.73 million. The insider now directly holds 35,446 shares of Iron Mountain Inc (IRM).
