Should You Retain Iron Mountain (IRM) in Your Portfolio Now?
Iron Mountain(IRM) Zacks Investment Research·2024-05-15 00:31
Iron Mountain Incorporated (IRM) is poised to benefit from its recurring revenue business model. Also, its accretive acquisitions and data center business expansion efforts bode well. Its healthy balance sheet position is likely to support its growth endeavors.However, competition from industry peers may lead to aggressive pricing pressure and lower margins, weighing on the company’s profitability. High interest rates add to its woes.What’s Aiding IRM?Iron Mountain enjoys a steady stream of recurring revenu ...