NYSE:MRC

MRC Global (MRC) Stock Price, News & Analysis

$12.75
+1.03 (+8.79%)
(As of 05/9/2024 ET)
Today's Range
$12.29
$12.80
50-Day Range
$11.13
$12.89
52-Week Range
$8.15
$13.00
Volume
1.21 million shs
Average Volume
572,218 shs
Market Capitalization
$1.08 billion
P/E Ratio
12.26
Dividend Yield
N/A
Price Target
$15.33

MRC Global MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
20.3% Upside
$15.33 Price Target
Short Interest
Healthy
1.32% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.79mentions of MRC Global in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
24.24%
From $0.99 to $1.23 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.00 out of 5 stars

Industrial Products Sector

64th out of 172 stocks

Industrial Machinery & Equipment Industry

4th out of 5 stocks

MRC stock logo

About MRC Global Stock (NYSE:MRC)

MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services in the United States, Canada, and internationally. It offers ball, butterfly, gate, globe, check, diaphragm, needle, and plug valves; other products, such as lined corrosion resistant piping systems, control valves, valve automation, and top work components; and valve modification services, including valve control extensions, welding, hydrotesting, painting, coating, x-raying, and actuation assembly. The company also provides carbon steel fittings and flanges comprising carbon weld fittings, flanges, and piping components; stainless steel, alloy and corrosion resistant pipes, tubing, fittings, and flanges; and carbon line pipes. In addition, it offers natural gas distribution products, including risers, meters, polyethylene pipes and fittings, and various other components and industrial supplies; oilfield and industrial supplies and completion equipment, such as high density polyethylene pipes, fittings, and rods; and specialized production equipment comprising tanks and separators. Further, the company provides various services under the ValidTorque and FastTrack names. Its products are used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions, including high pressure, high/low temperature, and high corrosive and abrasive environments. The company was formerly known as McJunkin Red Man Holding Corporation and changed its name to MRC Global Inc. in January 2012. MRC Global Inc. was founded in 1921 and is headquartered in Houston, Texas.

MRC Stock Price History

MRC Stock News Headlines

Q1 2024 MRC Global Inc Earnings Call
MRC Global (NYSE:MRC) Shares Up 6.2% Following Earnings Beat
Elon Musk Secret Crypto Plot Exposed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
MRC Global Announces First Quarter 2024 Results
MRC Global Announces First Quarter 2024 Results
Elon Musk Secret Crypto Plot Exposed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
MRC Global earnings: here's what Wall Street expects
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
5/09/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial machinery & equipment
Sub-Industry
Trading Companies & Distributors
CUSIP
55345K10
Employees
2,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.33
High Stock Price Target
$17.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+20.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$114 million
Pretax Margin
4.48%

Debt

Sales & Book Value

Annual Sales
$3.41 billion
Cash Flow
$2.11 per share
Book Value
$5.79 per share

Miscellaneous

Free Float
66,752,000
Market Cap
$1.08 billion
Optionable
Optionable
Beta
2.01
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Key Executives

  • Mr. Robert James Saltiel Jr. (Age 61)
    President, CEO & Director
    Comp: $1.74M
  • Mr. Kelly Youngblood (Age 58)
    Executive VP & CFO
    Comp: $927.21k
  • Mr. Daniel J. Churay J.D. (Age 62)
    Executive VP of Corporate Affairs, General Counsel & Corporate Secretary
    Comp: $756.73k
  • Mr. Rance Long (Age 55)
    Senior Vice President of Sales & Marketing
    Comp: $640.25k
  • Mr. Grant R. Bates (Age 52)
    Senior Vice President of North America Operations & E-Commerce
    Comp: $682.12k
  • Ms. Gillian Anderson (Age 38)
    VP & Chief Accounting Officer
  • Ms. Monica Schafer Broughton
    Vice President of Investor Relations
  • Ms. Shweta Kurvey-Mishra (Age 44)
    Senior VP & Chief Human Resources Officer
  • Mr. Jack McCarthy (Age 58)
    Senior Vice President of Supply Chain, Quality & Technical Sales
  • Mr. Steve Smith (Age 56)
    Senior Vice President of International Operations

MRC Stock Analysis - Frequently Asked Questions

Should I buy or sell MRC Global stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MRC Global in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MRC shares.
View MRC analyst ratings
or view top-rated stocks.

What is MRC Global's stock price target for 2024?

3 equities research analysts have issued 12-month price objectives for MRC Global's shares. Their MRC share price targets range from $14.00 to $17.00. On average, they predict the company's share price to reach $15.33 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price.
View analysts price targets for MRC
or view top-rated stocks among Wall Street analysts.

How have MRC shares performed in 2024?

MRC Global's stock was trading at $11.01 on January 1st, 2024. Since then, MRC shares have increased by 15.8% and is now trading at $12.75.
View the best growth stocks for 2024 here
.

Are investors shorting MRC Global?

MRC Global saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 1,250,000 shares, a decline of 22.8% from the March 15th total of 1,620,000 shares. Based on an average daily volume of 579,400 shares, the days-to-cover ratio is currently 2.2 days.
View MRC Global's Short Interest
.

When is MRC Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our MRC earnings forecast
.

How were MRC Global's earnings last quarter?

MRC Global Inc. (NYSE:MRC) issued its earnings results on Wednesday, May, 8th. The oil and gas company reported $0.20 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.09. The oil and gas company had revenue of $806 million for the quarter, compared to analysts' expectations of $760.76 million. MRC Global had a trailing twelve-month return on equity of 26.92% and a net margin of 3.34%. The company's revenue was down 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.32 EPS.

What ETF holds MRC Global's stock?

Invesco Russell 2000 Dynamic Multifactor ETF holds 113,705 shares of MRC stock, representing 0.38% of its portfolio.

What other stocks do shareholders of MRC Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MRC Global investors own include CVS Health (CVS), MGM Resorts International (MGM), Wells Fargo & Company (WFC), Walt Disney (DIS), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), SLM (SLM) and Advanced Micro Devices (AMD).

Who are MRC Global's major shareholders?

MRC Global's stock is owned by many different retail and institutional investors. Top institutional investors include Pzena Investment Management LLC (8.72%), Mirae Asset Global Investments Co. Ltd. (1.25%), Assenagon Asset Management S.A. (0.94%), Wintrust Investments LLC (0.62%), Lord Abbett & CO. LLC (0.38%) and Essex Investment Management Co. LLC (0.31%). Insiders that own company stock include Gillian Anderson and Malcolm O'neal.
View institutional ownership trends
.

How do I buy shares of MRC Global?

Shares of MRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MRC) was last updated on 5/10/2024 by MarketBeat.com Staff

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