Detailed Review Of Prospects For Iron Mountain Inc. Stock

Iron Mountain Inc. [IRM] stock is trading at $118.43, down -0.81%. An important factor to consider is whether the stock is rising or falling in short-term value. The IRM shares have gain 0.95% over the last week, with a monthly amount glided 4.93%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Iron Mountain Inc. [NYSE: IRM] stock has seen the most recent analyst activity on November 07, 2023, when UBS initiated its Sell rating and assigned the stock a price target of $44. Previously, RBC Capital Mkts upgraded its rating to Outperform on August 22, 2023, and elevated its price target to $68. On December 16, 2022, RBC Capital Mkts initiated with a Sector Perform rating and assigned a price target of $58 on the stock. Exane BNP Paribas started tracking the stock assigning a Outperform rating and suggested a price target of $66 on December 14, 2022. Barclays initiated its recommendation with a Overweight and recommended $58 as its price target on June 24, 2022. Stifel upgraded its rating to Buy for this stock on February 25, 2022, and upped its price target to $52. In a note dated August 02, 2019, Robert W. Baird upgraded an Neutral rating on this stock and boosted its target price from $27 to $29.

Iron Mountain Inc. [IRM] stock has fluctuated between $56.51 and $120.54 over the past year. Currently, Wall Street analysts expect the stock to reach $84.4 within the next 12 months. Iron Mountain Inc. [NYSE: IRM] shares were valued at $118.43 at the most recent close of the market. An investor can expect a potential drop of -28.73% based on the average IRM price forecast.

Analyzing the IRM fundamentals

Iron Mountain Inc. [NYSE:IRM] reported sales of 5.82B for the trailing twelve months, which represents a growth of 13.00%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 2.55 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-99.87.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 117.43 points at the first support level, and at 116.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 119.42, and for the 2nd resistance point, it is at 120.40.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 5.97 and price to earnings (TTM) ratio is 152.28.

Transactions by insiders

Recent insider trading involved MARSON DEBORAH, Officer, that happened on Oct 01 ’24 when 3600.0 shares were purchased. President and CEO, Meaney William L completed a deal on Sep 17 ’24 to sell 15875.0 shares. Meanwhile, President and CEO Meaney William L sold 15875.0 shares on Sep 18 ’24.

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