IRM stock: buy or sell?
July 16th, 2019
Iron Mountain Incorporated, a real estate investment trust, provides storage and information management services in North America, Europe, Latin America, Asia Pacific, and Africa.
Should I buy IRM stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Iron Mountain stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Iron Mountain stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we detected 4 ratings published for IRM stock in the last 30 days. The general sentiment of these ratings is bearish for IRM stock, with 2 negative ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-11||Bank of America||Neutral||Underperform|
|2019-7-10||Wells Fargo & Co||n/a||Outperform|
|2019-2-20||Mitsubishi UFJ Financial Group||n/a||Neutral|
|2019-2-19||Credit Suisse Group||n/a||Underperform|
IRM stock analysis
Iron Mountain ended today at $30.58 and inched a slightly fine 0.56%.
Shares of Iron Mountain inched a slightly fine 0.56% and closed at $30.58. Since last April when IRM stock price broke down the SMA200d line, it slid $-4.58 per share (-13.03%). Since SMA100d and SMA200d crossed up on March, IRM price slid a -10.06%.
Iron Mountain shares inched 1.36% this week, ending at $30.58.
Since late April, when IRM stock price broke down the 40-weeks moving avarage line, it slid $-4.68 per share (-13.27%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.
IRM stock price history
IRM stock went public on February 1st, 1996 with a price of $1.631. Since then, IRM stock grew a 1,776.10%, with a yearly average of 77.20%. If you had invested right after IRM's IPO a $1,000 in IRM stock in 1996, it would worth $17,761.00 today.
1: Adjusted price after possible price splits or reverse-splits.
IRM stock historical price chart
IRM stock reached 52-week highs on February at $35.97, and all-time highs 2017-11-21 with a price of 36.79.
IRM stock price target is $31.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We have 2 price predictions for IRM stock published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-11||Bank of America||Downgrades||$33.00||$25.00||-24.2%|
|2019-2-20||Mitsubishi UFJ Financial Group||Raises Target||n/a||$37.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareIron Mountain presented nice results for 2018-Q4 on February. Iron Mountain appreciated Earnings per Share (EPS) by 7.70%, beating experts consensus of $0.52. Iron Mountain posted $0.56.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a wonderful growth of 9.89% to $4,225.76 M USD. When comparing 2018 vs 2017, slightly worse, profit margin (that is, the net income divided by revenues) stepped up a 3.82% to 8.60%.
|2013||$3,030 M||-||$96 M3.2%||-|
|2014||$3,118 M||2.89%||$326 M10.5%||238.19%|
|2015||$3,008 M||-3.52%||$123 M4.1%||-62.21%|
|2016||$3,511 M||16.74%||$105 M3.0%||-14.94%|
|2017||$3,846 M||9.52%||$184 M4.8%||75.36%|
|2018||$4,226 M||9.89%||$363 M8.6%||97.67%|
Quarterly financial resultsIron Mountain posted $1,061.49 M in revenues for 2018-Q4, a 0.05% improvement compared to previous quarter. Reported quarter earnings marked $158.12 M with a profit margin of 14.90%. Profit margin escalated a 8.57% compared to previous quarter when profit margin was 6.33%. When comparing turnover to same quarter last year, Iron Mountain sales marked a very good increase and soared a 7.09%. Looking back to recent quarterly results, Iron Mountain posted 6 negative quarters in a row.
|2017-Q2||$950 M||-||$79 M8.3%||-|
|2017-Q3||$966 M||1.67%||$26 M2.7%||-67.08%|
|2017-Q4||$991 M||2.65%||$23 M2.3%||-12.75%|
|2018-Q1||$1,042 M||5.17%||$45 M4.3%||96.66%|
|2018-Q2||$1,061 M||1.76%||$93 M8.8%||109.03%|
|2018-Q3||$1,061 M||0.02%||$67 M6.3%||-28.11%|
|2018-Q4||$1,061 M||0.05%||$158 M14.9%||135.48%|
|2019-Q1||$1,054 M||-0.72%||$30 M2.8%||-81.30%|
Iron Mountain ownershipWhen you are planning to invest in a stock, it's worth to have a look its ownership structure.
Iron Mountain shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.93% of all shares.
Bearish positions for IRM stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Iron Mountain:
|Market cap||$8.8 B||$71.8 B||$16.6 B||$38.8 B|
|Total shares||286.8 M||435.2 M||120.8 M||409.4 M|
|Float shares||284.0 M||434.6 M||120.1 M||391.7 M|
|- Institutional holdings (%)||91.3%||81.8%||88.7%||91.1%|
|- Insider holdings (%)||0.9%||0.2%||0.4%||0.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%|
|Tuesday, July 16th, 2019|
|Day range||$30.26 - $30.93|
|Average true range||$0.78|
|50d mov avg||$31.05|
|100d mov avg||$32.62|
|200d mov avg||$32.43|
Iron Mountain performanceTo better understand Iron Mountain performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Iron Mountain against Automatic Data Processing, Equifax and Fiserv in the following table:
|ADPAutomatic Data Pr...||2.07%||23.29%||22.63%|
Iron Mountain competitorsWe chose a few stocks to conform a list of Iron Mountain competitors to check if you are interested in investing in IRM:
Latest IRM stock news
- InvestorPlaceIron Mountain News: Why IRM Stock Is Sliding Lower TodayJuly 11, 2019
- InvestorPlace3 Big Stock Charts for Thursday: General Mills, Iron Mountain and PaypalMay 30, 2019
- InvestorPlace3 Big Stock Charts for Monday: Caterpillar, PPL Corp and Iron MountainJune 25, 2018