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0 0 0.0090746268656717 0.0090746268656717 -0.0017910447761193 -0.00501492537313435 -0.00561194029850745 -0.00620895522388055
Stock impact report

Iron Mountain: Business Issues And High Valuation Make Me Wary (Downgrade) [Seeking Alpha]

Iron Mountain Incorporated (Delaware)Common Stock REIT (IRM) 
Last iron mountain incorporated (delaware)common stock reit earnings: 2/13 06:00 am Check Earnings Report
Company Research Source: Seeking Alpha
IRM's aggressive use of non-GAAP metrics and rising leverage—actual net debt/EBITDA near 7.8x—raises material concerns about transparency and financial health. Despite a 10% dividend hike and a 4% yield, IRM's cash burn and high debt levels threaten long-term sustainability and credit quality. IRM's valuation remains elevated at 25x FFO, unsupported by fundamentals, prompting a downgrade to ‘sell' due to structural and disclosure risks. imaginima/iStock via Getty Images As I've covered in a previous article , Iron Mountain Incorporated ( IRM ) has made some efforts to improve its business profile in recent years and has pushed for growth in data centers, but this was This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation fo Show less Read more
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