Iron Mountain Inc. (NYSE: IRM) on Friday, soared 1.04% from the previous trading day, before settling in for the closing price of $124.46. Within the past 52 weeks, IRM’s price has moved between $57.36 and $124.79.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 5.50%. The company achieved an average annual earnings per share of 3.83%. With a float of $291.18 million, this company’s outstanding shares have now reached $292.14 million.
The extent of productivity of a business whose workforce counts for 27000 workers is very important to gauge. In terms of profitability, gross margin is 49.08%, operating margin of 17.83%, and the pretax margin is 4.83%.
Iron Mountain Inc. (IRM) Insider and Institutional Ownership
Observing investor behavior towards REIT – Specialty industry stocks is more important than anything else. The insider ownership of Iron Mountain Inc. is 0.73%, while institutional ownership is 85.42%. The most recent insider transaction that took place on Oct 08 ’24, was worth 1,868,170. In this transaction President and CEO of this company sold 15,875 shares at a rate of $117.68, taking the stock ownership to the 295,650 shares. Before that another transaction happened on Oct 07 ’24, when Company’s President and CEO sold 15,875 for $117.36, making the entire transaction worth $1,863,090. This insider now owns 295,650 shares in total.
Iron Mountain Inc. (IRM) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.45 earnings per share (EPS) for the period topping the consensus outlook (set at 0.44) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.50% during the next five years compared to -12.68% drop over the previous five years of trading.
Iron Mountain Inc. (NYSE: IRM) Trading Performance Indicators
Iron Mountain Inc. (IRM) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.78, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.13 in one year’s time.
Technical Analysis of Iron Mountain Inc. (IRM)
The latest stats from [Iron Mountain Inc., IRM] show that its last 5-days average volume of 1.05 million was inferior to 1.6 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 95.61%. Additionally, its Average True Range was 2.25.
During the past 100 days, Iron Mountain Inc.’s (IRM) raw stochastic average was set at 99.90%, which indicates a significant increase from 99.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.09% in the past 14 days, which was lower than the 22.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $115.34, while its 200-day Moving Average is $89.56. Now, the first resistance to watch is $126.48. This is followed by the second major resistance level at $127.21. The third major resistance level sits at $128.61. If the price goes on to break the first support level at $124.36, it is likely to go to the next support level at $122.96. The third support level lies at $122.24 if the price breaches the second support level.
Iron Mountain Inc. (NYSE: IRM) Key Stats
Market capitalization of the company is 36.89 billion based on 293,133K outstanding shares. Right now, sales total 5,480 M and income totals 184,230 K. The company made 1,534 M in profit during its latest quarter, and 35,780 K in sales during its previous quarter.