MRC Global (MRC) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• MRC Global is set to release its Q2 2025 earnings on August 6th, with analysts predicting earnings of $0.23 per share and $784.60 million in revenue for the quarter.
• In its last quarterly results, MRC Global reported earnings of $0.14 per share, exceeding expectations, though revenue declined 11.7% year-over-year.
• Institutional investors hold 94.97% of MRC Global's stock, with a notable increase in stake from UBS Asset Management during the first quarter.

MRC Global (NYSE:MRC - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.23 per share and revenue of $784.60 million for the quarter.

MRC Global (NYSE:MRC - Get Free Report) last released its earnings results on Tuesday, May 6th. The oil and gas company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.06. The firm had revenue of $712.00 million during the quarter, compared to analyst estimates of $710.00 million. MRC Global had a net margin of 0.47% and a return on equity of 12.82%. The firm's revenue for the quarter was down 11.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 earnings per share. 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 Global stock traded down $0.81 during trading on Friday, hitting $13.87. 718,516 shares of the stock were exchanged, compared to its average volume of 1,200,698. The stock's fifty day moving average is $13.34 and its 200 day moving average is $12.64. The stock has a market cap of $1.19 billion, a PE ratio of -126.09 and a beta of 1.64. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.91 and a current ratio of 1.68. MRC Global has a 12 month low of $9.23 and a 12 month high of $15.59.

Institutional Investors Weigh In On MRC Global

A hedge fund recently raised its stake in MRC Global stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in MRC Global Inc. (NYSE:MRC - Free Report) by 1.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 270,742 shares of the oil and gas company's stock after acquiring an additional 4,052 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.31% of MRC Global worth $3,108,000 as of its most recent SEC filing. 94.97% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MRC has been the subject of a number of recent analyst reports. Stifel Nicolaus decreased their price objective on MRC Global from $17.00 to $16.00 and set a "buy" rating for the company in a report on Monday, July 21st. Susquehanna decreased their price target on MRC Global from $15.00 to $13.00 and set a "positive" rating for the company in a research note on Monday, April 14th. Finally, Wall Street Zen upgraded shares of MRC Global from a "hold" rating to a "buy" rating in a research note on Friday, June 6th.

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.