![]() ![]() Forbes Media, LLC Investor's Business Daily, Inc. ![]() Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. This combination positions Iron Mountain well for outperformance, so growth investors may want to bet on it. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. While the overall earnings estimate revisions have made Iron Mountain a Zacks Rank #2 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above. The Zacks Consensus Estimate for the current year has surged 0.1% over the past month. There have been upward revisions in current-year earnings estimates for Iron Mountain. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements. A positive trend is of course favorable here. Superiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. The company's sales are expected to grow 15.6% this year versus the industry average of 10%. And Iron Mountain looks attractive from a sales growth perspective as well. While the level of efficiency in generating sales matters a lot, so does the sales growth of a company. Comparing this to the industry average of 0.12, it can be said that the company is more efficient. Right now, Iron Mountain has an S/TA ratio of 0.32, which means that the company gets $0.32 in sales for each dollar in assets. This metric shows how efficiently a firm is utilizing its assets to generate sales. Growth investors often overlook asset utilization ratio, also known as sales-to-total-assets (S/TA) ratio, but it is an important feature of a real growth stock. ![]() The company's EPS is expected to grow 36.9% this year, crushing the industry average, which calls for EPS growth of 9.8%. While the historical EPS growth rate for Iron Mountain is 10.5%, investors should actually focus on the projected growth. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration. Here are three of the most important factors that make the stock of this real estate investment trust a great growth pick right now.Įarnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better. Research shows that stocks carrying the best growth features consistently beat the market. This company not only has a favorable Growth Score, but also carries a top Zacks Rank. Our proprietary system currently recommends Iron Mountain ( IRM Quick Quote IRM - Free Report) as one such stock. However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. That's because, these stocks usually carry above-average risk and volatility. But finding a great growth stock is not easy at all. Friday.Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. ![]() He said organizers failed to submit the necessary payments to reserve the halls by 5 p.m. 24 - the first day of the festival - and Zellerbach Auditorium on Sept. Mogulof said the Berkeley Patriot student group that is working with right-wing provocateur Milo Yiannopoulos on the “Free Speech Week” festival had failed to meet the university’s requirements to reserve Wheeler Auditorium on Sept. “The University cannot defend spending hundreds of thousands of dollars to provide security arrangements for events” based on the press releases of organizers, Dan Mogulof, assistant vice chancellor of the university’s Office of Communications and Public Affairs, said in a statement. UC Berkeley officials said Saturday that organizers of a far-right speakers’ series scheduled for later this month have missed the deadline to reserve two of the largest indoor venues on campus for the event, but that they will continue to work with organizers on planning for the festival. ![]()
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