A new trading day began on Tuesday, with Iron Mountain Inc (NYSE: IRM) stock price up 2.34% from the previous day of trading, before settling in for the closing price of $120.78. IRM’s price has ranged from $62.58 to $130.24 over the past 52 weeks.
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Real Estate Sector giant saw their annual sales surged by 5.50% over the last five years. Meanwhile, its annual earnings per share averaged 0.55%. With a float of $291.33 million, this company’s outstanding shares have now reached $292.14 million.
The firm has a total of 27000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 49.08%, operating margin of 17.55%, and the pretax margin is 2.65%.
Iron Mountain Inc (IRM) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Specialty Industry. The insider ownership of Iron Mountain Inc is 0.73%, while institutional ownership is 83.75%. The most recent insider transaction that took place on Nov 11 ’24, was worth 1,888,649. In this transaction President and CEO of this company sold 15,875 shares at a rate of $118.97, taking the stock ownership to the 295,650 shares. Before that another transaction happened on Nov 08 ’24, when Company’s President and CEO sold 15,875 for $117.96, making the entire transaction worth $1,872,615. This insider now owns 295,650 shares in total.
Iron Mountain Inc (IRM) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.52 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.50% 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
Here are Iron Mountain Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.35, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 1.96 in one year’s time.
Technical Analysis of Iron Mountain Inc (IRM)
Analysing the last 5-days average volume posted by the [Iron Mountain Inc, IRM], we can find that recorded value of 1.23 million was lower than the volume posted last year of 1.59 million. As of the previous 9 days, the stock’s Stochastic %D was 95.46%. Additionally, its Average True Range was 2.93.
During the past 100 days, Iron Mountain Inc’s (IRM) raw stochastic average was set at 82.33%, which indicates a significant decrease from 99.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.28% in the past 14 days, which was lower than the 29.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $120.06, while its 200-day Moving Average is $96.73. Now, the first resistance to watch is $124.66. This is followed by the second major resistance level at $125.71. The third major resistance level sits at $127.75. If the price goes on to break the first support level at $121.57, it is likely to go to the next support level at $119.53. Should the price break the second support level, the third support level stands at $118.48.
Iron Mountain Inc (NYSE: IRM) Key Stats
With a market capitalization of 36.27 billion, the company has a total of 293,460K Shares Outstanding. Currently, annual sales are 5,480 M while annual income is 184,230 K. The company’s previous quarter sales were 1,557 M while its latest quarter income was -33,620 K.
