Iron Mountain Outlook - A Cautious Path in a Mixed Market

Iron Mountain Outlook - A Cautious Path in a Mixed Market

Market Snapshot: Iron Mountain (IRM) is in a challenging position technically with a weak outlook and a suggestion to avoid the stock.

News Highlights

Recent news affecting the broader market includes:

• J.B. Hunt Transport Services Inc. opened a new office in Queretaro, Mexico, expanding its intermodal offerings for businesses with sensitive freight needs. This could signal a broader trend of logistics expansion.
• Reliable Data Services reported strong sales growth in May 2025, despite rising costs and profitability concerns. This indicates potential resilience in the data services sector.
• JAMining expanded its FCA-regulated cloud mining services amid surging crypto market activity. This highlights increased institutional interest in crypto infrastructure.

Analyst Views & Fundamentals

Analysts are split in their outlooks for IRM. The simple average rating score is 4.00, while the performance-weighted rating is 3.69. The ratings are not consistent, with Barclays and JPMorgan both issuing "Buy" ratings recently but showing varying historical performance.

• Barclays (analyst: Brendan Lynch) has a historical win rate of 66.7% and an average return of 1.37%.
• JP Morgan (analyst: Andrew Steinerman) has a win rate of 50.0% and an average return of -5.72%.

These scores are mixed relative to the current 0.70% price rise for the stock. The fundamentals suggest caution:

• Asset-liability ratio (%): 102.44 (score: 1)
• Total assets (growth rate compared to beginning of year %): 7.80 (score: 1)
• Equity ratio (Total liabilities / Shareholders’ equity attributable to parent company) (%): 355.09 (score: 2)
• Equity multiplier: 5.11 (score: 2)
• Gross Profit Margin (GPM): 55.91% (score: 1)
• Non-current assets / Total assets (%): 90.60% (score: 0)

The fundamental score is 2.11, which is below average, indicating a weak foundation for long-term value creation.

Money-Flow Trends

Big money is currently cautious about IRM, with block inflow ratio at 49.44% and an overall trend of negative in fund flows. Retail investors are also underperforming, with Small-inflow ratio at 49.97%. The only positive note is in the large-cap category, where inflow ratio stands at 50.02%, suggesting moderate institutional support in larger positions.

The fund flow score is 7.82, which is relatively good, but it doesn’t override the bearish technical signals.

Key Technical Signals

The technical outlook for IRM is weak. The technical score is 3.34, with bearish indicators dominating:

• MACD Golden Cross: internal diagnostic score (0-10): 3.57
• WR Overbought: internal diagnostic score (0-10): 3.24
• WR Oversold: internal diagnostic score (0-10): 2.55
• Marubozu White: internal diagnostic score (0-10): 4.01

Recent indicators include a WR Oversold signal on 2025-08-22, WR Overbought and MACD Golden Cross on the same day, and another WR Oversold on 2025-08-08. These signals indicate an overbought and oversold oscillation, typical of volatile or indecisive market conditions.

Key insights suggest that the market is in a volatile state with no clear trend and a clear bearish dominance (3 bearish vs. 0 bullish signals).

Conclusion

Iron Mountain is currently in a technically weak position, with internal diagnostic scores and fund-flow data suggesting a cautious outlook. While institutional inflows are modestly positive, the technical indicators are bearish, and fundamental scores remain below average. Investors may want to consider waiting for a clearer trend or a pull-back before committing capital.