MRC Global (MRC) to Release Quarterly Earnings on Tuesday

MRC Global (NYSE:MRC - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect MRC Global to post earnings of $0.06 per share and revenue of $710.00 million for the quarter.

MRC Global (NYSE:MRC - Get Free Report) last announced its quarterly earnings data on Friday, March 14th. The oil and gas company reported $0.08 EPS for the quarter, hitting analysts' consensus estimates of $0.08. The company had revenue of $736.80 million during the quarter, compared to the consensus estimate of $726.90 million. MRC Global had a return on equity of 19.58% and a net margin of 3.09%. The company's quarterly revenue was down 10.3% on a year-over-year basis. During the same quarter last year, the company earned $0.23 EPS. On average, analysts expect MRC Global to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

MRC Global Stock Performance

Shares of MRC traded up $0.39 on Friday, reaching $12.08. 381,849 shares of the stock traded hands, compared to its average volume of 640,552. The stock's 50-day moving average price is $11.26 and its 200-day moving average price is $12.65. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.99 and a quick ratio of 1.11. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 13.89 and a beta of 1.67. MRC Global has a 12 month low of $9.23 and a 12 month high of $15.41.

Wall Street Analysts Forecast Growth

MRC has been the subject of a number of recent research reports. Susquehanna dropped their price objective on shares of MRC Global from $15.00 to $13.00 and set a "positive" rating for the company in a research note on Monday, April 14th. Loop Capital dropped their price target on shares of MRC Global from $18.00 to $17.00 and set a "buy" rating for the company in a research report on Tuesday, March 18th. Stifel Nicolaus decreased their price objective on MRC Global from $17.00 to $16.00 and set a "buy" rating on the stock in a report on Monday, March 17th. Finally, StockNews.com cut MRC Global from a "buy" rating to a "hold" rating in a report on Monday, March 17th.

About MRC Global

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.