IRM

You Won't Regret Reading the Facts on Iron Mountain

Shares of Iron Mountain have moved -0.1% today, and are now trading at a price of $54.98. In contrast, the S&P 500 index saw a -2.0% change and the Dow Industrial Average posted a -2.0% performance. Today's trading volume is 861,001 compared to the stock's average volume of 1,612,977.

Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Based in Boston, United States the company has 25,000 full time employees and a market cap of $15,983,454,208. Iron Mountain currently offers its equity investors a dividend that yields 4.5% per year.

The company is now trading 0.75% away from its average analyst target price of $54.57 per share. The 7 analysts following the stock have set target prices ranging from $20 to $68, and on average give Iron Mountain a rating of buy.

Over the last year, IRM shares have gone up 16.8%, which represents a difference of 28.1% when compared to the S&P 500. The stock's 52 week high is $58.61 per share whereas its 52 week low is $41.67. Based on Iron Mountain's average gross margins growth of 0.3% over the last four years, its core business remains strong and the stock price may maintain this level of performance.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

ON FOCUS