Iron Mountain Incorporated (NYSE:IRM) went down by -0.82% from its latest closing price compared to the recent 1-year high of $41.32. The company’s stock price has collected 1.00% of gains in the last five trading sessions. MarketWatch.com reported on 03/12/21 that Iron Mountain Inc. stock rises Friday, outperforms market
Is It Worth Investing in Iron Mountain Incorporated (NYSE :IRM) Right Now?
Iron Mountain Incorporated (NYSE:IRM) scored a price-to-earnings ratio above its average ratio, recording 31.52 x from its present earnings ratio. Plus, the 36-month beta value for IRM is at 0.80. Opinions of the stock are interesting as 5 analysts out of 7 who provided ratings for Iron Mountain Incorporated declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $35.29, which is -$4.52 below the current price. IRM currently public float of 284.47M and currently shorts hold a 13.93% ratio of that float. Today, the average trading volume of IRM was 3.53M shares.
IRM’s Market Performance
IRM stocks went up by 1.00% for the week, with a monthly jump of 1.91% and a quarterly performance of 29.75%, while its annual performance rate touched 51.58%. The volatility ratio for the week stands at 1.90% while the volatility levels for the past 30 days are set at 2.10% for Iron Mountain Incorporated. The simple moving average for the period of the last 20 days is 1.64% for IRM stocks with a simple moving average of 25.34% for the last 200 days.
Analysts’ Opinion of IRM
Many brokerage firms have already submitted their reports for IRM stocks, with Robert W. Baird repeating the rating for IRM by listing it as a “Neutral.” The predicted price for IRM in the upcoming period, according to Robert W. Baird is $29 based on the research report published on August 02nd of the previous year 2019.
BofA/Merrill, on the other hand, stated in their research note that they expect to see IRM reach a price target of $25, previously predicting the price at $33. The rating they have provided for IRM stocks is “Underperform” according to the report published on July 11th, 2019.
IRM Trading at 6.86% from the 50-Day Moving Average
After a stumble in the market that brought IRM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.54% of loss for the given period.
Volatility was left at 2.10%, however, over the last 30 days, the volatility rate increased by 1.90%, as shares surge +1.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.92% upper at present.
During the last 5 trading sessions, IRM rose by +1.00%, which changed the moving average for the period of 200-days by +45.17% in comparison to the 20-day moving average, which settled at $36.80. In addition, Iron Mountain Incorporated saw 26.80% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at IRM starting from DENINGER PAUL F, who sale 1,798 shares at the price of $36.60 back on Mar 24. After this action, DENINGER PAUL F now owns 64,172 shares of Iron Mountain Incorporated, valued at $65,807 using the latest closing price.
DENINGER PAUL F, the Director of Iron Mountain Incorporated, sale 7,202 shares at $36.45 during a trade that took place back on Mar 22, which means that DENINGER PAUL F is holding 65,970 shares at $262,521 based on the most recent closing price.
Stock Fundamentals for IRM
Current profitability levels for the company are sitting at:
- +19.24 for the present operating margin
- +42.09 for the gross margin
The net margin for Iron Mountain Incorporated stands at +8.26. The total capital return value is set at 6.56, while invested capital returns managed to touch 2.96. Equity return is now at value 32.50, with 2.50 for asset returns.
Based on Iron Mountain Incorporated (IRM), the company’s capital structure generated 967.53 points at debt to equity in total, while total debt to capital is 90.63. Total debt to assets is 77.73, with long-term debt to equity ratio resting at 928.47. Finally, the long-term debt to capital ratio is 86.97.
When we switch over and look at the enterprise to sales, we see a ratio of 4.67, with the company’s debt to enterprise value settled at 0.57. The receivables turnover for the company is 4.85 and the total asset turnover is 0.30.