MRC Global Company Profile (NYSE:MRC)

About MRC Global (NYSE:MRC)

MRC Global logoMRC Global Inc. is an industrial distributor of pipe, valves and fittings and related products and services to the energy industry. The Company's segments include the U.S., Canada and International. Its U.S. segment includes the United States Eastern Region and Gulf Coast, and the United States Western Region. It provides services, such as product testing, manufacturer assessments, daily deliveries, volume purchasing, inventory and zone store management and warehousing, technical support, training, just-in-time delivery, truck stocking, order consolidation, product tagging and system interfaces customized to customer and supplier specifications for tracking and replenishing inventory, engineering of control packages, and valve inspection and repair. The Company's principal product types include valves, automation, measurement and instrumentation; carbon steel fittings and flanges; stainless steel and alloy fittings, flanges and pipe; gas products; line pipe, and other.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: Trading Companies & Distributors
  • Symbol: NYSE:MRC
  • CUSIP: 55345K10
  • Web: www.mrcglobal.com
Capitalization:
  • Market Cap: $1.92 billion
  • Outstanding Shares: 94,473,000
Average Prices:
  • 50 Day Moving Avg: $18.99
  • 200 Day Moving Avg: $19.60
  • 52 Week Range: $11.50 - $22.52
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 27.13
  • P/E Growth: 6.09
Sales & Book Value:
  • Annual Revenue: $3.12 billion
  • Price / Sales: 0.62
  • Book Value: $7.97 per share
  • Price / Book: 2.55
Profitability:
  • EBIDTA: $45 million
  • Net Margins: -13.92%
  • Return on Equity: -0.01%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 2.81%
  • Quick Ratio: 1.52%
Misc:
  • Average Volume: 957,516 shs.
  • Beta: 1.36
  • Short Ratio: 4.79
 

Frequently Asked Questions for MRC Global (NYSE:MRC)

What is MRC Global's stock symbol?

MRC Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "MRC."

How were MRC Global's earnings last quarter?

MRC Global Inc (NYSE:MRC) posted its quarterly earnings data on Thursday, May, 4th. The company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.07. The business had revenue of $862 million for the quarter, compared to analyst estimates of $798.38 million. MRC Global had a negative return on equity of 0.01% and a negative net margin of 13.92%. The firm's revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.10) earnings per share. View MRC Global's Earnings History.

Where is MRC Global's stock going? Where will MRC Global's stock price be in 2017?

8 equities research analysts have issued 12 month price objectives for MRC Global's shares. Their forecasts range from $16.00 to $25.00. On average, they expect MRC Global's share price to reach $21.33 in the next year. View Analyst Ratings for MRC Global.

What are analysts saying about MRC Global stock?

Here are some recent quotes from research analysts about MRC Global stock:

  • 1. Evercore ISI analysts commented, "We continue to view the company as one of the most impressive self-improvement stories of the downturn, after it successfully redeployed funds from robust counter-cyclical cash flow generation to completely revamp its balance sheet. A significantly improved balance sheet and best in class working capital efficiency enables MRC to build its cash hoard, opportunistically repurchase shares, and fund organic growth through the upcycle while maintaining the flexibility to pursue accretive M&A opportunities. The company is poised for considerable earnings growth in 2017 and has a proven track record of execution which we expect will become a key differentiator throughout the upcycle' MRC Global reported a 4Q16 adjusted loss of $0.18/sh, missing our ($0.12) estimate and consensus of ($0.10). From the results we excluded a $7MM after-tax severance/restructuring charge which reduced GAAP EPS by ~$0.07/sh. Total revenue of $719MM fell 9% QoQ (-21% YoY ex-OCTG) and was 4% below our $749MM estimate primarily due to lower-than-expected downstream revenue." (2/22/2017)
  • 2. According to Zacks Investment Research, "Over the last one month, MRC Global's shares outperformed compared with the Zacks Categorized Steel Pipe & tubes industry. The company remains bullish in improving its business on the back of superior customer relationships, working capital optimization and operational expense management. Even so, the recently signed contracts are also anticipated to generate benefits in the near term. Over the last 60 days, Zacks Consensus Estimate for the stock has moved north for 2017. However, headwinds such as weak energy resource prices, Brexit vote and slow domestic demand of emerging markets have been weighing over MRC Global's sales. Moreover, other issues such as appreciation of the U.S. dollar, extensive industry rivalry and weakening steel price also remain major causes of worry for the company." (2/7/2017)

Who are some of MRC Global's key competitors?

Who owns MRC Global stock?

MRC Global's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.51%), BlackRock Inc. (7.51%), FMR LLC (6.50%), Dimensional Fund Advisors LP (5.10%), JPMorgan Chase & Co. (2.95%) and Frontier Capital Management Co. LLC (2.67%). Company insiders that own MRC Global stock include Daniel J Churay, Gerard Pieter Krans, H B Wehrle III, Karl Witt and Scott Alan Hutchinson. View Institutional Ownership Trends for MRC Global.

Who sold MRC Global stock? Who is selling MRC Global stock?

MRC Global's stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Citadel Advisors LLC, FMR LLC, Morgan Stanley, Renaissance Technologies LLC, Acadian Asset Management LLC, Mackenzie Financial Corp and Dimensional Fund Advisors LP. Company insiders that have sold MRC Global stock in the last year include Daniel J Churay, Gerard Pieter Krans and H B Wehrle III. View Insider Buying and Selling for MRC Global.

Who bought MRC Global stock? Who is buying MRC Global stock?

MRC Global's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Mesirow Financial Investment Management Equity Management, MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Thrivent Financial For Lutherans, JPMorgan Chase & Co. and Prudential Financial Inc.. Company insiders that have bought MRC Global stock in the last two years include Karl Witt and Scott Alan Hutchinson. View Insider Buying and Selling for MRC Global.

How do I buy MRC Global stock?

Shares of MRC Global can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of MRC Global stock cost?

One share of MRC Global stock can currently be purchased for approximately $20.35.

Analyst Ratings

Consensus Ratings for MRC Global (NYSE:MRC) (?)
Ratings Breakdown: 1 Hold Rating, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $21.33 (4.83% upside)

Analysts' Ratings History for MRC Global (NYSE:MRC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/19/2017Raymond James Financial, Inc.UpgradeMarket Perform -> Buy$21.00MediumView Rating Details
4/11/2017Susquehanna Bancshares IncInitiated CoveragePositive$23.00LowView Rating Details
2/22/2017Evercore ISIBoost Price Target$25.00N/AView Rating Details
2/21/2017Seaport Global SecuritiesUpgradeNeutral -> Buy$14.00 -> $25.00N/AView Rating Details
11/8/2016Cowen and CompanyUpgradeMarket Perform -> Outperform$16.00 -> $18.00N/AView Rating Details
9/4/2016Wells Fargo & CoReiterated RatingHoldN/AView Rating Details
8/4/2016Maxim GroupUpgradeHold -> Buy$16.00N/AView Rating Details
8/3/2016JPMorgan Chase & Co.Reiterated RatingBuyN/AView Rating Details
8/3/2016Capital One Financial Corp.UpgradeEqual Weight -> OverweightN/AView Rating Details
2/25/2016Longbow ResearchDowngradeBuy -> NeutralN/AView Rating Details
2/12/2016William BlairReiterated RatingBuyN/AView Rating Details
12/18/2015KeyCorpInitiated CoverageSector WeightN/AView Rating Details
11/17/2015BB&T Co.Reiterated RatingNot Applicable -> HoldN/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for MRC Global (NYSE:MRC)
Earnings by Quarter for MRC Global (NYSE:MRC)
Earnings History by Quarter for MRC Global (NYSE:MRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017($0.06)$0.01$798.38 million$862.00 millionViewListenView Earnings Details
2/16/2017Q416($0.11)($0.18)$752.88 million$719.00 millionViewListenView Earnings Details
11/3/2016Q316($0.14)($0.06)$759.67 million$793.00 millionViewListenView Earnings Details
8/2/2016Q216($0.14)($0.21)$747.81 million$746.00 millionViewListenView Earnings Details
5/2/2016Q116($0.12)($0.10)$794.69 million$783.00 millionViewListenView Earnings Details
2/22/2016Q415$0.03$0.12$967.38 million$967.10 millionViewListenView Earnings Details
11/5/2015Q315$0.03$0.10$1.08 billion$1.07 billionViewListenView Earnings Details
8/3/2015Q215$0.17$0.22$1.21 billion$1.20 billionViewListenView Earnings Details
4/30/2015Q115$0.18$0.28$1.23 billion$1.29 billionViewListenView Earnings Details
2/19/2015Q414$0.46$0.33$1.54 billion$1.52 billionViewListenView Earnings Details
11/6/2014Q314$0.46$0.54$1.52 billion$1.62 billionViewListenView Earnings Details
7/31/2014Q214$0.42$0.42$1.41 billion$1.50 billionViewListenView Earnings Details
5/1/2014Q1$0.27$0.28$1.29 million$1.31 billionViewListenView Earnings Details
2/20/2014Q413$0.44$0.32$1.34 billion$1.32 billionViewListenView Earnings Details
11/1/2013Q313$0.45$0.40$1.32 billion$1.31 billionViewListenView Earnings Details
8/1/2013Q2 2013$0.38$0.43$1.31 billion$1.27 billionViewListenView Earnings Details
5/2/2013Q1 2013$0.44$0.45$1.36 billion$1.31 billionViewListenView Earnings Details
2/21/2013Q4 2012$0.48$0.55$1.39 billion$1.31 billionViewListenView Earnings Details
10/26/2012Q312$0.43$0.61$1.45 billion$1.45 billionViewN/AView Earnings Details
8/7/2012$0.44$0.39ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MRC Global (NYSE:MRC)
2017 EPS Consensus Estimate: ($0.01)
2018 EPS Consensus Estimate: $0.65
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.09)($0.07)($0.08)
Q2 20174($0.08)$0.03($0.03)
Q3 20174$0.01$0.10$0.06
Q4 20174($0.04)$0.14$0.05
Q1 20181$0.07$0.07$0.07
Q2 20181$0.18$0.18$0.18
Q3 20181$0.20$0.20$0.20
Q4 20181$0.20$0.20$0.20
(Data provided by Zacks Investment Research)

Dividends

Dividend History for MRC Global (NYSE:MRC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for MRC Global (NYSE:MRC)
Insider Ownership Percentage: 6.10%
Insider Trades by Quarter for MRC Global (NYSE:MRC)
Institutional Ownership by Quarter for MRC Global (NYSE:MRC)
Insider Trades by Quarter for MRC Global (NYSE:MRC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/21/2017Daniel J ChurayEVPSell3,080$21.30$65,604.00View SEC Filing  
12/5/2016H B. Wehrle IIIDirectorSell50,000$21.19$1,059,500.00View SEC Filing  
8/23/2016Gerard Pieter KransDirectorSell23,000$15.33$352,590.00View SEC Filing  
8/18/2016Gerard Pieter KransDirectorSell36,150$15.30$553,095.00View SEC Filing  
8/12/2016Daniel J ChurayEVPSell5,350$14.77$79,019.50View SEC Filing  
8/12/2016Gerard Pieter KransDirectorSell8,600$15.01$129,086.00View SEC Filing  
6/9/2016Gerard Pieter KransDirectorSell15,130$15.02$227,252.60View SEC Filing  
6/6/2016Gerard Pieter KransDirectorSell39,000$14.50$565,500.00View SEC Filing  
5/26/2016Gerard Pieter KransDirectorSell1,300$14.50$18,850.00View SEC Filing  
5/6/2016Karl WittSVPBuy1,740$14.15$24,621.00View SEC Filing  
3/11/2016Gerard Pieter KransDirectorSell33,750$14.79$499,162.50View SEC Filing  
8/13/2015Scott Alan HutchinsonSVPBuy1,000$12.42$12,420.00View SEC Filing  
2/26/2015James E BraunCFOBuy2,000$13.50$27,000.00View SEC Filing  
2/24/2015H B Wehrle IIIDirectorBuy50,000$12.75$637,500.00View SEC Filing  
12/5/2014H B Wehrle IIIDirectorBuy50,000$16.98$849,000.00View SEC Filing  
12/3/2014James E BraunCFOBuy1,000$17.94$17,940.00View SEC Filing  
11/14/2014Scott Alan HutchinsonSVPBuy1,000$21.93$21,930.00View SEC Filing  
11/13/2014Rhys J BestDirectorBuy5,000$21.42$107,100.00View SEC Filing  
11/11/2014Andrew R LaneCEOBuy23,500$21.15$497,025.00View SEC Filing  
11/11/2014James E BraunCFOBuy1,000$20.96$20,960.00View SEC Filing  
8/19/2014James E BraunCFOBuy1,000$24.60$24,600.00View SEC Filing  
3/20/2014Christopher A.S. CramptonDirectorBuy8,000$25.83$206,640.00View SEC Filing  
2/26/2014James BraunCFOBuy2,000$25.46$50,920.00View SEC Filing  
8/12/2013James BraunCFOBuy4,000$24.22$96,880.00View SEC Filing  
8/12/2013Rory IsaacEVPBuy5,000$24.20$121,000.00View SEC Filing  
6/7/2013Rory M IsaacEVPBuy10,000$27.34$273,400.00View SEC Filing  
3/28/2013Goldman Sachs Group IncMajor ShareholderBuy6,049$32.58$197,076.42View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for MRC Global (NYSE:MRC)
Latest Headlines for MRC Global (NYSE:MRC)
Source:
DateHeadline
finance.yahoo.com logoWhy MRC Global (MRC) Stock Might be a Great Pick
finance.yahoo.com - May 22 at 10:04 AM
News IconBRIEF-MRC Global says unit entered into 15-year leases with Liberty Property Trust unit
www.businessinsider.com - May 20 at 12:05 AM
finance.yahoo.com logoMRC Global (MRC) to Build Largest RDC Center on Gulf Coast
finance.yahoo.com - May 19 at 11:15 AM
finance.yahoo.com logoMRC Global to Open New Gulf Coast Regional Distribution Center
finance.yahoo.com - May 18 at 8:27 AM
americanbankingnews.com logoMRC Global Inc (MRC) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - May 12 at 4:28 PM
finance.yahoo.com logoETFs with exposure to MRC Global, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 7:08 PM
americanbankingnews.com logoMRC Global Inc (MRC) Expected to Post Q2 2017 Earnings of $0.03 Per Share
www.americanbankingnews.com - May 11 at 8:12 AM
americanbankingnews.com logoQ2 2018 EPS Estimates for MRC Global Inc Boosted by Seaport Global Securities (MRC)
www.americanbankingnews.com - May 10 at 1:50 PM
finance.yahoo.com logoEdited Transcript of MRC earnings conference call or presentation 5-May-17 2:00pm GMT
finance.yahoo.com - May 10 at 12:15 PM
finance.yahoo.com logoMRC Global, Inc. :MRC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017
finance.yahoo.com - May 9 at 11:41 AM
nasdaq.com logoCommit To Purchase MRC Global At $15, Earn 8.2% Annualized Using Options
www.nasdaq.com - May 5 at 6:56 PM
streetinsider.com logoForm 4 MRC GLOBAL INC. For: May 02 Filed by: Wehrle H B III
www.streetinsider.com - May 5 at 9:30 AM
finance.yahoo.com logoMRC Global (MRC) Breaks Even in Q1 Earnings, Tops Revenues
finance.yahoo.com - May 5 at 9:30 AM
finance.yahoo.com logoMRC Global Inc. Bounces Back Big-Time
finance.yahoo.com - May 5 at 9:30 AM
americanbankingnews.com logoMRC Global Inc (MRC) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS
www.americanbankingnews.com - May 5 at 12:38 AM
marketbeat.com logoMRC tops Street 1Q forecasts
marketbeat.com - May 4 at 7:57 PM
finance.yahoo.com logoMRC Global Announces First Quarter 2017 Results
finance.yahoo.com - May 4 at 6:43 PM
americanbankingnews.com logoMRC Global (MRC) Receives Daily Media Impact Score of 0.46
www.americanbankingnews.com - May 3 at 4:16 PM
americanbankingnews.com logoMRC Global Inc (MRC) Expected to Announce Earnings of -$0.06 Per Share
www.americanbankingnews.com - May 3 at 9:43 AM
americanbankingnews.com logoMRC Global (MRC) Earns Coverage Optimism Rating of 0.25
www.americanbankingnews.com - April 30 at 6:05 PM
finance.yahoo.com logoMRC Global, Inc. breached its 50 day moving average in a Bearish Manner : MRC-US : April 28, 2017
finance.yahoo.com - April 28 at 9:11 AM
americanbankingnews.com logoSomewhat Positive News Coverage Somewhat Likely to Affect MRC Global (MRC) Share Price
www.americanbankingnews.com - April 27 at 11:38 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Affect MRC Global (MRC) Stock Price
www.americanbankingnews.com - April 24 at 9:32 PM
americanbankingnews.com logoMRC Global Inc (MRC) Rating Increased to Buy at Raymond James Financial, Inc.
www.americanbankingnews.com - April 22 at 9:36 PM
americanbankingnews.com logoMRC Global (MRC) Receiving Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 21 at 9:54 PM
americanbankingnews.com logoPositive Press Coverage Very Likely to Impact MRC Global (MRC) Share Price
www.americanbankingnews.com - April 18 at 4:20 PM
americanbankingnews.com logoMRC Global Inc (MRC) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - April 17 at 4:49 PM
americanbankingnews.com logoMRC Global (MRC) Earning Somewhat Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - April 15 at 5:15 PM
americanbankingnews.com logo Analysts Anticipate MRC Global Inc (MRC) Will Post Quarterly Sales of $804.78 Million
www.americanbankingnews.com - April 14 at 2:38 PM
finance.yahoo.com logoMRC Global, Inc. – Value Analysis (NYSE:MRC) : April 12, 2017
finance.yahoo.com - April 12 at 7:33 PM
americanbankingnews.com logoZacks: Brokerages Anticipate MRC Global Inc (MRC) to Announce -$0.06 EPS
www.americanbankingnews.com - April 12 at 7:51 AM
finance.yahoo.com logoMRC Global, Inc. breached its 50 day moving average in a Bullish Manner : MRC-US : April 11, 2017
finance.yahoo.com - April 11 at 11:11 AM
americanbankingnews.com logoSusquehanna Bancshares Inc Initiates Coverage on MRC Global Inc (MRC)
www.americanbankingnews.com - April 11 at 10:43 AM
finance.yahoo.com logoMRC Global Awarded Expanded Contract with PBF Energy Company LLC
finance.yahoo.com - April 7 at 11:16 AM
finance.yahoo.com logoMRC Global (MRC) Secures 5-Year PVF Contract from PBF Energy
finance.yahoo.com - April 7 at 11:16 AM
finance.yahoo.com logoMRC Global Retains Scopes for Growth Amid Energy Market Woes
finance.yahoo.com - April 7 at 11:16 AM
americanbankingnews.com logoBrokers Offer Predictions for MRC Global Inc's Q1 2017 Earnings (MRC)
www.americanbankingnews.com - March 27 at 7:44 AM
americanbankingnews.com logoBrokers Issue Forecasts for MRC Global Inc's Q3 2017 Earnings (MRC)
www.americanbankingnews.com - March 24 at 9:17 AM
americanbankingnews.com logoMRC Global Inc (MRC) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - March 22 at 12:22 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of MRC Global Inc.
finance.yahoo.com - March 20 at 4:48 PM
reuters.com logoBRIEF-MRC Global CEO 2016 total compensation was $6.8 million
www.reuters.com - March 20 at 10:12 AM
finance.yahoo.com logoWhy Is MRC Global (MRC) Down 14.2% Since the Last Earnings Report?
finance.yahoo.com - March 20 at 10:11 AM
nasdaq.com logoMRC Global Becomes Oversold (MRC)
www.nasdaq.com - March 14 at 11:02 AM
us.rd.yahoo.com logoMRC Global Announces First Quarter 2017 Earnings Release and Conference Call Schedule
us.rd.yahoo.com - March 13 at 6:21 PM
streetinsider.com logoForm 4 MRC GLOBAL INC. For: Mar 07 Filed by: Lane Andrew R
www.streetinsider.com - March 10 at 9:43 AM
streetinsider.com logoForm 4 MRC GLOBAL INC. For: Mar 07 Filed by: Braun James E
www.streetinsider.com - March 9 at 11:29 PM
biz.yahoo.com logoMRC GLOBAL INC. Files SEC form 8-K, Other Events
biz.yahoo.com - March 9 at 6:28 PM
bizjournals.com logoOil and Gas Stocks on Investors' Radar -- Flotek Industries, Forum Energy Technologies, NOW Inc., and MRC Global
www.bizjournals.com - March 2 at 9:25 AM
reuters.com logoBRIEF-MRC Global sees 2017 revenue up 10-20 pct over 2016 - SEC filing - Reuters
www.reuters.com - February 24 at 4:00 PM
reuters.com logoBRIEF-MRC Global sees 2017 revenue up 10-20 pct over 2016 - SEC filing
www.reuters.com - February 24 at 9:19 AM

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Chart

MRC Global (MRC) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff