Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Iron Mountain Inc (NYSE: IRM) closed at $112.02 down -2.03% from its previous closing price of $114.34. In other words, the price has decreased by -$2.03 from its previous closing price. On the day, 2.49 million shares were traded. IRM stock price reached its highest trading level at $114.88 during the session, while it also had its lowest trading level at $111.8704.
Ratios:
For a deeper understanding of Iron Mountain Inc’s stock, let’s take a closer look at its various ratios.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on November 07, 2023, initiated with a Sell rating and assigned the stock a target price of $44.
On August 22, 2023, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $58 to $68.
On December 16, 2022, RBC Capital Mkts started tracking the stock assigning a Sector Perform rating and target price of $58.RBC Capital Mkts initiated its Sector Perform rating on December 16, 2022, with a $58 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 10 ’24 when Meaney William L bought 15,875 shares for $114.11 per share.
MARSON DEBORAH bought 3,600 shares of IRM for $442,800 on Dec 02 ’24. On Nov 11 ’24, another insider, Meaney William L, who serves as the President and CEO of the company, sold 15,875 shares for $118.97 each. As a result, the insider received 1,888,649 and left with 295,650 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IRM now has a Market Capitalization of 33554243584 and an Enterprise Value of 49068064768. As of this moment, Iron’s Price-to-Earnings (P/E) ratio for their current fiscal year is 316.62, and their Forward P/E ratio for the next fiscal year is 57.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 37.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.49. Its current Enterprise Value per Revenue stands at 8.194 whereas that against EBITDA is 24.51.
Stock Price History:
Over the past 52 weeks, IRM has reached a high of $130.24, while it has fallen to a 52-week low of $64.68. The 50-Day Moving Average of the stock is -6.97%, while the 200-Day Moving Average is calculated to be 13.21%.
Shares Statistics:
For the past three months, IRM has traded an average of 1.46M shares per day and 1515810 over the past ten days. A total of 293.43M shares are outstanding, with a floating share count of 291.29M. Insiders hold about 0.74% of the company’s shares, while institutions hold 83.71% stake in the company. Shares short for IRM as of 1732838400 were 8365000 with a Short Ratio of 5.72, compared to 1730332800 on 9267997. Therefore, it implies a Short% of Shares Outstanding of 8365000 and a Short% of Float of 3.42.
Dividends & Splits
According to the company, the forward annual dividend rate for IRM is 2.67, from 2.634 in the trailing year. Against a Trailing Annual Dividend Yield of 0.023036558The stock’s 5-year Average Dividend Yield is 5.47.
