MRC Global (MRC) to Release 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) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Wednesday, August 6th. Analysts expect MRC Global to post earnings of $0.23 per share and revenue of $784.60 million for the quarter.

MRC Global (NYSE:MRC - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The oil and gas company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.08 by $0.06. The business had revenue of $712.00 million for the quarter, compared to analyst estimates of $710.00 million. MRC Global had a return on equity of 12.82% and a net margin of 0.47%. The company's quarterly revenue was down 11.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.20 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 Price Performance

Shares of NYSE:MRC 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 868,625. The company has a fifty day moving average price of $13.31 and a two-hundred day moving average price of $12.64. The company has a market cap of $1.19 billion, a PE ratio of -126.09 and a beta of 1.61. The company has a current ratio of 1.68, a quick ratio of 0.91 and a debt-to-equity ratio of 0.70. MRC Global has a 12-month low of $9.23 and a 12-month high of $15.59.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on MRC. Stifel Nicolaus reduced their target price on MRC Global from $17.00 to $16.00 and set a "buy" rating on the stock in a research note on Monday, July 21st. Wall Street Zen raised MRC Global from a "hold" rating to a "buy" rating in a research note on Friday, June 6th. Finally, Susquehanna reduced their target price on MRC Global from $15.00 to $13.00 and set a "positive" rating on the stock in a research note on Monday, April 14th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in MRC Global stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of MRC Global Inc. (NYSE:MRC - Free Report) by 1.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 270,742 shares of the oil and gas company's stock after purchasing an additional 4,052 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.31% of MRC Global worth $3,108,000 at the end of the most recent quarter. 94.97% of the stock is currently owned by institutional investors.

MRC Global Company Profile

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.