Stock Price & Analysis

Analysis and Insights

Technical Analysis:

Iron Mountain Incorporated (IRM) is currently exhibiting a bearish trend, with the stock trading below its 200-day and 50-day moving averages. The recent price action shows a decline of 32.8% from its 52-week high, indicating a downtrend. However, Fibonacci levels suggest potential support at $82.99 and resistance at $90.94.

Valuation Analysis:

IRM's valuation metrics indicate a forward P/E ratio of 17.12, which is reasonable compared to its historical averages. The stock offers a dividend yield of 3.56%, providing income for investors. The mean analyst price target of $117.62 suggests a potential upside of 34.4%, making it attractive for long-term investors.

Fundamental Analysis:

The company reported strong revenue growth of 11.4% year-over-year, driven by its storage and data center businesses. Despite missing revenue estimates slightly, the adjusted FFO exceeded expectations. IRM's dividend yield and solid financial performance make it a stable choice, especially in a volatile market.

Analyst Sentiment:

Analysts maintain an "Overweight" rating on IRM, with a consensus price target of $109.5, indicating confidence in its growth potential. The stock's upside is supported by its strong dividend yield and expected revenue growth.

Conclusion:

While IRM's technical indicators currently show a bearish trend, its fundamental strength, attractive valuation, and positive analyst sentiment suggest it's a good candidate for long-term growth. Investors may consider waiting for a price stabilization or a bullish reversal before entering.

Price Prediction for IRM Stock in 2025

Based on current trends and analysis, here is the price prediction for IRM stock in 2025:

1. Target Price: $115

   • Reason: Analysts have set a price target of $117.62, suggesting a 34.4% upside from current levels. Considering the company's strong revenue growth and dividend yield, the stock is expected to perform well.

2. Upside Potential: 34.4%

   • Reason: The mean price target indicates significant growth potential, supported by IRM's expansion in data centers and storage solutions.

3. Current Price: $89.99

   • Reason: The stock has shown resilience with a 2.80% gain in the regular market, indicating positive momentum.

The S1 support level for IRM Stock is $84.89 ,The R1 resistant level for IRM Stock is $89.66.

As of the end of day on 2025-04-02, the price of IRM Stock was $86.2.

The target price for IRM Stock according to analyst rating is 107.00, with the highest price target at 140.00 and the lowest at 45.00. Analysts have a Moderate Buy rating on IRM Stock overall.

The market cap of IRM is $25.9B.

Analysis and Insights

To determine whether IRM is overvalued, we analyze its financial metrics, market performance, and analyst sentiment.

Valuation Metrics:

• P/E Ratio: IRM's P/E ratio is 122.05, significantly higher than the industry average, indicating a premium valuation.
• EV/EBITDA: The EV/EBITDA ratio is 19.6, suggesting the stock is expensive relative to its earnings.
• Price-to-Book (P/B) Ratio: At 4.19, this is above the industry average, signaling potential overvaluation.

Market Performance:

• Stock Price Trend: IRM has dropped 32.8% from its 52-week high, reflecting investor sentiment and market correction.
• Dividend Yield: The yield is 2.6%, providing some return but not offsetting the high valuation.

Analyst Sentiment:

• Consensus Rating: Analysts rate IRM as "Overweight" with a price target of $117.62, indicating a 34.4% upside potential.
• Recent Adjustments: Some analysts have lowered their targets, showing cautious optimism.

Technical Analysis:

• RSI: At 42, IRM is near oversold territory, suggesting potential undervaluation.
• Moving Averages: The stock is below its 200-day moving average, indicating a downtrend.

Conclusion:

IRM appears overvalued based on high P/E and EV/EBITDA ratios. While analysts suggest upside potential, the stock's current price may not align with its fundamentals. Investors should consider waiting for a correction or improved market conditions.

Iron Mountain Inc is engaged in a physical ecosystem supporting information storage and retrieval for businesses which rely on paper documents or computer tapes to store their valuable information. The Company’s segments include Global Records and Information Management (Global RIM) Business and Global Data Center Business. The Global RIM Business segment includes various offerings, including records management, data management, global digital solutions, secure shredding, secure shredding, and consumer storage. The Global Data Center Business segment provides data center facilities and the capacity to protect mission-critical assets and ensure the continued operation of its customers’ information technology (IT) infrastructure with data center options. The Company also offers IT asset disposition customer solutions. It serves industries, such as commercial, legal, financial, healthcare, insurance, life sciences, energy, business services, entertainment and government organizations.

The predicted price for IRM stock by 2030 is approximately $160. This forecast is based on the company's strong revenue growth of 11.4% year-over-year and its expansion into high-demand sectors like data centers and digital transformation. Analysts' positive outlook and the stock's current momentum support this projection.

IRM has a total of 27000 employees.