A share price of Iron Mountain Inc [IRM] is currently trading at $106.18, up 2.06%. An important factor to consider is whether the stock is rising or falling in short-term value. The IRM shares have gain 5.45% over the last week, with a monthly amount drifted -5.97%, and not seem to be holding up well over a long-time horizon.
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 experienced fluctuations in its stock price throughout the past year between $64.68 and $130.24. Currently, Wall Street analysts expect the stock to reach $134.5 within the next 12 months. Iron Mountain Inc [NYSE: IRM] shares were valued at $106.18 at the most recent close of the market. An investor can expect a potential return of 26.67% based on the average IRM price forecast.
Analyzing the IRM fundamentals
Trailing Twelve Months sales for Iron Mountain Inc [NYSE:IRM] were 5.99B which represents 12.19% growth. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is -2.59 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-61.08.
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 104.90 points at the first support level, and at 103.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 107.63, and for the 2nd resistance point, it is at 109.08.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.20 and price to earnings (TTM) ratio is 300.11.
Transactions by insiders
Recent insider trading involved Meaney William L, President and CEO, that happened on Jan 02 ’25 when 69131.0 shares were sold. Officer, Meaney William L completed a deal on Jan 02 ’25 to buy 69131.0 shares. Meanwhile, EVP, GM Digital Business Unit Bhargava Mithu sold 8263.0 shares on Dec 23 ’24.
