Iron Mountain Incorporated Stock Today

IRM Stock  USD 76.06  0.55  0.72%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 33

 
High
 
Low
Below Average
Iron Mountain is selling at 76.06 as of the 12th of April 2024; that is -0.72 percent down since the beginning of the trading day. The stock's lowest day price was 76.06. Iron Mountain has about a 33 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Iron Mountain Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of April 2022 and ending today, the 12th of April 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
31st of January 1996
Category
Real Estate
Iron Mountain Incorporated , founded in 1951, is the global leader for storage and information management services. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working. The company has 292.28 M outstanding shares of which 10.52 M shares are currently shorted by investors with about 5.47 days to cover. More on Iron Mountain Incorporated

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Iron Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Iron Mountain's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Iron Mountain or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Iron Mountain's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Iron Mountain's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOWilliam Meaney
Thematic IdeaMacroaxis Picks (View all Themes)
Old Names[ISRAMCO, Isramco Inc]
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP 500 Index, Macroaxis Picks, Real Estate, Diversified REITs, REIT—Specialty, Real Estate (View all Sectors)
Average Analyst Recommendation
Analysts covering Iron Mountain report their recommendations after researching Iron Mountain's financial statements, talking to executives and customers, or listening in on Iron Mountain's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Iron Mountain rporated. The Iron consensus assessment is calculated by taking the average forecast from all of the analysts covering Iron Mountain.
Financial Strength
Based on the analysis of Iron Mountain's profitability, liquidity, and operating efficiency, Iron Mountain Incorporated may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Iron Mountain rporated is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01250.0105
Fairly Up
Pretty Stable
Asset Turnover0.450.3136
Way Up
Slightly volatile
Gross Profit Margin0.430.5698
Way Down
Very volatile
Net Debt15.3 B14.6 B
Sufficiently Up
Slightly volatile
Total Current Liabilities2.3 B2.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total15.6 B14.8 B
Sufficiently Up
Slightly volatile
Total Assets18.3 B17.5 B
Sufficiently Up
Slightly volatile
Total Current Assets932.3 M1.7 B
Way Down
Slightly volatile
Total Cash From Operating Activities1.2 B1.1 B
Sufficiently Up
Slightly volatile
Iron Mountain's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Iron Mountain's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Iron Mountain's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Iron Mountain's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Iron Mountain's financial leverage. It provides some insight into what part of Iron Mountain's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Iron Mountain's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Iron Mountain deploys its capital and how much of that capital is borrowed.
Liquidity
Iron Mountain cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 14.79 B in debt. Iron Mountain rporated has a current ratio of 0.88, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Iron Mountain until it has trouble settling it off, either with new capital or with free cash flow. So, Iron Mountain's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Iron Mountain rporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Iron to invest in growth at high rates of return. When we think about Iron Mountain's use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

169.09 Million
Iron Mountain Incorporated (IRM) is traded on New York Stock Exchange in USA. It is located in 85 New Hampshire Avenue, Portsmouth, NH, United States, 03801 and employs 27,000 people. Iron Mountain is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 22.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Iron Mountain's market, we take the total number of its shares issued and multiply it by Iron Mountain's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Iron Mountain rporated runs under Diversified REITs sector within Real Estate industry. The entity has 292.28 M outstanding shares of which 10.52 M shares are currently shorted by investors with about 5.47 days to cover. Iron Mountain Incorporated has about 141.8 M in cash with 1.11 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53.
Check Iron Mountain Probability Of Bankruptcy
Ownership Allocation
Iron Mountain secures a total of 292.28 Million outstanding shares. The majority of Iron Mountain rporated outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Iron Mountain to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Iron Mountain Incorporated. Please pay attention to any change in the institutional holdings of Iron Mountain rporated as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Iron Ownership Details

Iron Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Iron Mountain jumping above the current price in 90 days from now is about 30.79%. The Iron Mountain Incorporated probability density function shows the probability of Iron Mountain stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.8846. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Iron Mountain will likely underperform. Additionally, iron Mountain Incorporated has an alpha of 0.0426, implying that it can generate a 0.0426 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 76.06HorizonTargetOdds Above 76.06
69.05%90 days
 76.06 
30.79%
Based on a normal probability distribution, the odds of Iron Mountain to move above the current price in 90 days from now is about 30.79 (This Iron Mountain Incorporated probability density function shows the probability of Iron Stock to fall within a particular range of prices over 90 days) .

Iron Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Iron Mountain that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Iron Mountain's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Iron Mountain's value.
InstituionRecorded OnShares
Amvescap Plc.2023-12-31
3.4 M
Pictet Asset Manangement Sa2023-12-31
3.4 M
Norges Bank2023-12-31
3.3 M
Charles Schwab Investment Management Inc2023-12-31
3.2 M
Northern Trust Corp2023-12-31
3.1 M
Wellington Management Company Llp2023-12-31
2.9 M
Legal & General Group Plc2023-12-31
2.6 M
Amundi2023-12-31
2.4 M
Bank Of New York Mellon Corp2023-12-31
2.2 M
Vanguard Group Inc2023-12-31
46.3 M
Blackrock Inc2023-12-31
23.3 M
View Iron Mountain Diagnostics

Iron Mountain Historical Income Statement

Iron Mountain Incorporated Income Statement is one of the three primary financial statements used for reporting Iron's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Iron Mountain rporated revenue and expense. Iron Mountain Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Iron Mountain's Net Income From Continuing Ops is very stable compared to the past year. As of the 12th of April 2024, Non Operating Income Net Other is likely to grow to about 84.3 M, while Total Revenue is likely to drop about 2.9 B. View More Fundamentals

Iron Stock Against Markets

Picking the right benchmark for Iron Mountain stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Iron Mountain stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Iron Mountain is critical whether you are bullish or bearish towards Iron Mountain Incorporated at a given time. Please also check how Iron Mountain's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Iron Mountain without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Iron Mountain Corporate Directors

Iron Mountain corporate directors refer to members of an Iron Mountain board of directors. The board of directors generally takes responsibility for the Iron Mountain's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Iron Mountain's board members must vote for the resolution. The Iron Mountain board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robin MatlockIndependent DirectorProfile
Kent DautenLead Director, Independent DirectorProfile
Theodore AntenucciIndependent DirectorProfile
Jennifer AllertonIndependent DirectorProfile

How to buy Iron Stock?

Before investing in Iron Mountain, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Iron Mountain. To buy Iron Mountain stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Iron Mountain. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Iron Mountain stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Iron Mountain Incorporated stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Iron Mountain Incorporated stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Iron Mountain Incorporated, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Iron Stock please use our How to Invest in Iron Mountain guide.

Already Invested in Iron Mountain Incorporated?

The danger of trading Iron Mountain Incorporated is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Iron Mountain is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Iron Mountain. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Iron Mountain rporated is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Iron Mountain rporated is a strong investment it is important to analyze Iron Mountain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Iron Mountain's future performance. For an informed investment choice regarding Iron Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iron Mountain Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Iron Mountain's price analysis, check to measure Iron Mountain's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iron Mountain is operating at the current time. Most of Iron Mountain's value examination focuses on studying past and present price action to predict the probability of Iron Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iron Mountain's price. Additionally, you may evaluate how the addition of Iron Mountain to your portfolios can decrease your overall portfolio volatility.
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Is Iron Mountain's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iron Mountain. If investors know Iron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iron Mountain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.76)
Dividend Share
2.506
Earnings Share
0.63
Revenue Per Share
18.772
Quarterly Revenue Growth
0.11
The market value of Iron Mountain rporated is measured differently than its book value, which is the value of Iron that is recorded on the company's balance sheet. Investors also form their own opinion of Iron Mountain's value that differs from its market value or its book value, called intrinsic value, which is Iron Mountain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iron Mountain's market value can be influenced by many factors that don't directly affect Iron Mountain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iron Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iron Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iron Mountain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.