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West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Obama’s 2024 Confession (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
AI Stock Caught Trading Under Secret Name (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
AI Stock Caught Trading Under Secret Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Obama’s 2024 Confession (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
AI Stock Caught Trading Under Secret Name (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
AI Stock Caught Trading Under Secret Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Obama’s 2024 Confession (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
AI Stock Caught Trading Under Secret Name (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
AI Stock Caught Trading Under Secret Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
NYSE:MRC

MRC Global (MRC) Stock Price, News & Analysis

$11.70
-0.05 (-0.43%)
(As of 02/23/2024 ET)
Today's Range
$11.58
$11.82
50-Day Range
$10.01
$12.06
52-Week Range
$8.15
$12.43
Volume
686,125 shs
Average Volume
793,633 shs
Market Capitalization
$987.36 million
P/E Ratio
11.25
Dividend Yield
N/A
Price Target
$14.75

MRC Global MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.1% Upside
$14.75 Price Target
Short Interest
Healthy
2.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.35mentions of MRC Global in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-13.45%
From $1.19 to $1.03 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.

3.37 out of 5 stars

Industrial Products Sector

99th out of 174 stocks

Industrial Machinery & Equipment Industry

5th 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 to the gas utility, energy, and industrial end-markets in the United States, Canada, and internationally. It offers ball, butterfly, gate, globe, check, diaphragm, needle, and plug valves; and other products, such as lined corrosion resistant piping systems, control valves, valve automation, and top work components, as well as valve modification services; and measurement, steam, and instrumentation products. 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, such as product testing, manufacturer assessments, multiple 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, and valve inspection and repair services; and various other 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

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MRC Global (NYSE:MRC) Rating Reiterated by Stephens
KeyBanc Keeps Their Hold Rating on MRC Global (MRC)
Gold is SOARING – here's what you need to do
Everything is lining up perfectly for a historic gold bull run. One gold expert says he's found the best way to get in, for just $5.
Q4 2023 MRC Global Inc Earnings Call
Why MRC Global Shares Popped Today
Why MRC Global Shares Popped Today
MRC Global (MRC) Q4 Earnings Beat Estimates, Revenues Miss
MRC Global (MRC) Surpasses Q4 Earnings Estimates
MRC Global: Q4 Earnings Insights
MRC Global Q4 2023 Earnings Preview
Richard Pzena Adjusts Position in MRC Global Inc
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
2/24/2024
Next Earnings (Estimated)
5/13/2024
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
$14.75
High Stock Price Target
$17.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+26.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$114 million
Pretax Margin
4.48%

Debt

Sales & Book Value

Annual Sales
$3.41 billion
Cash Flow
$1.90 per share
Book Value
$5.78 per share

Miscellaneous

Free Float
65,740,000
Market Cap
$987.36 million
Optionable
Optionable
Beta
1.99
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Key Executives

  • Mr. Robert James Saltiel Jr. (Age 61)
    President, CEO & Director
    Comp: $2.63M
  • Mr. Kelly Youngblood (Age 58)
    Executive VP & CFO
    Comp: $1.21M
  • Mr. Daniel J. Churay J.D. (Age 62)
    Executive VP of Corporate Affairs, General Counsel & Corporate Secretary
    Comp: $993.15k
  • Mr. Rance Long (Age 55)
    Senior Vice President of Sales & Marketing
    Comp: $820.68k
  • Mr. Grant R. Bates (Age 52)
    Senior Vice President of North America Operations & E-Commerce
    Comp: $939.37k
  • 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?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MRC Global in the last twelve months. There are currently 4 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?

4 brokerages have issued 12 month price targets for MRC Global's stock. Their MRC share price targets range from $13.00 to $17.00. On average, they anticipate the company's stock price to reach $14.75 in the next year. This suggests a possible upside of 26.1% 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 at the start of the year. Since then, MRC stock has increased by 6.3% and is now trading at $11.70.
View the best growth stocks for 2024 here
.

When is MRC Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our MRC earnings forecast
.

How were MRC Global's earnings last quarter?

MRC Global Inc. (NYSE:MRC) announced its quarterly earnings results on Tuesday, February, 13th. The oil and gas company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.12. The oil and gas company had revenue of $768 million for the quarter, compared to the consensus estimate of $810.52 million. MRC Global had a net margin of 3.34% and a trailing twelve-month return on equity of 26.92%. The firm's revenue was down 11.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.32 earnings per share.

What ETF holds MRC Global's stock ?

Invesco Russell 2000 Dynamic Multifactor ETF holds 106,758 shares of MRC stock, representing 0.34% 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 Vanguard Group Inc. (10.68%), Pzena Investment Management LLC (8.31%), Frontier Capital Management Co. LLC (7.12%), Engine Capital Management LP (4.59%), Dimensional Fund Advisors LP (3.95%) and Charles Schwab Investment Management Inc. (1.70%). 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 2/25/2024 by MarketBeat.com Staff