Iron Mountain Inc. (IRM) concluded trading on Thursday at a closing price of $96.90, with 2.76 million shares of worth about $267.01 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 44.61% during that period and on July 25, 2024 the price remained unchanged. Currently the company’s common shares owned by public are about 292.14M shares, out of which, 290.67M shares are available for trading.
Stock saw a price change of -0.96% in past 5 days and over the past one month there was a price change of 9.44%. Year-to-date (YTD), IRM shares are showing a performance of 38.47% which increased to 56.13% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $56.51 but also hit the highest price of $101.38 during that period. The average intraday trading volume for Iron Mountain Inc. shares is 1.82 million. The stock is currently trading 2.33% above its 20-day simple moving average (SMA20), while that difference is up 9.94% for SMA50 and it goes to 30.40% higher than SMA200.
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Iron Mountain Inc. (NYSE: IRM) currently have 292.14M outstanding shares and institutions hold larger chunk of about 83.39% of that.
The stock has a current market capitalization of $28.40B and its 3Y-monthly beta is at 0.99. PE ratio of stock for trailing 12 months is 147.44, while it has posted earnings per share of $0.66 in the same period. Its PEG reads 31.37 while making debt-to-equity ratio of 837.88. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IRM, volatility over the week remained 2.22% while standing at 2.07% over the month.
Stock’s fiscal year EPS is expected to rise by 1.38% while it is estimated to increase by 9.41% in next year. EPS is likely to grow at an annualized rate of 4.70% for next 5-years, compared to annual growth of -12.68% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on November 07, 2023 offering a Sell rating for the stock and assigned a target price of $44 to it. Coverage by RBC Capital Mkts stated Iron Mountain Inc. (IRM) stock as an Outperform in their note to investors on August 22, 2023, suggesting a price target of $68 for the stock. On December 16, 2022, RBC Capital Mkts Initiated their recommendations, while on December 14, 2022, Exane BNP Paribas Initiated their ratings for the stock with a price target of $66. Stock get an Overweight rating from Barclays on June 24, 2022.
