Why is Iron Mountain Important?

Why is Iron Mountain Important?

Today, Iron Mountain stands as the industry leader in storage and information management services, serving 170,000 customers in 37 countries on five continents. Publicly traded on the NYSE under IRM,” Iron Mountain is an S&P 500 company and a member of the Fortune 1000 (currently ranked: 730).

What is Iron Mountain revenue?

4.492 billion USD (Fiscal Year End 2021)Iron Mountain / Revenue

Is Iron Mountain a good stock to buy?

Iron Mountain has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.

Is Iron Mountain a REIT?

At a lower price, Iron Mountain Incorporated (NYSE:IRM), a specialty REIT with a $13 billion valuation, is particularly appealing.

Is Iron Mountain profitable?

Reported EPS – Fully Diluted from Net Income (Loss) Attributable to Iron Mountain Incorporated for the fourth quarter was $0.21, compared with $0.86 in the fourth quarter of 2020.

Who are the competitors of Iron Mountain?

Iron Mountain competitors include Carbonite, ARC Document Solutions, InfoPreserve and ThinAir.

Is IRM a good stock to buy 2021?

The market hasn’t been so kind to IRM since the start of the year, with the share price dropping from the $53 level achieved at the end of 2021 to $44.77 at present. IRM is now trading below its 50-day moving average of $48, and just around its 200-day moving average of $44.

Is IRM a Buy Sell or Hold?

For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment….Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
2 Buy 18.56%
3 Hold 10.15%
4 Sell 5.79%
5 Strong Sell 2.83%

Is Iron Mountain a good long term investment?

While Iron Mountain may have a stagnant dividend, the share price growth has compensated long-term investors. Management has committed to the dividend long-term, but the total return to investors may lag alternative offerings – the data center business is brutally competitive after all.

Should I sell Iron Mountain stock?

The consensus among Wall Street equities research analysts is that investors should “hold” Iron Mountain stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IRM, but not buy additional shares or sell existing shares.

How do I invest in Iron Mountain?

How to buy shares in Iron Mountain Incorporated

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account.
  3. Confirm your payment details.
  4. Research the stock.
  5. Purchase now or later.
  6. Check in on your investment.

Did Iron Mountain buy shred it?

Iron Mountain – Iron Mountain Agrees to Sell Shredding Operations in UK, Ireland and Australia to Shred-it and Acquire Canadian-based Securit Records Management.

Who bought Iron Mountain?

Global cyber security and software resilience business, NCC Group, has completed its acquisition of Iron Mountain’s Intellectual Property Management (IPM) business in a GBP156 million deal providing immediate additional scale to the Group’s Software Resilience business in North America.

Is IRM overvalued?

Price to Book Ratio PB vs Industry: IRM is overvalued based on its Price-To-Book Ratio (18.1x) compared to the US REITs industry average (1.5x).

Should I sell Iron Mountain?

The consensus among Wall Street research analysts is that investors should “hold” Iron Mountain stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IRM, but not buy additional shares or sell existing shares.