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MRC Global (MRC) Stock Price, News & Analysis

$10.37
-0.04 (-0.38%)
(As of 12:50 PM ET)
Compare
Today's Range
$10.34
$10.50
50-Day Range
$9.63
$11.32
52-Week Range
$8.15
$13.90
Volume
50,280 shs
Average Volume
642,831 shs
Market Capitalization
$874.19 million
P/E Ratio
9.88
Dividend Yield
N/A
Price Target
$14.75

MRC Global MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
41.7% Upside
$14.75 Price Target
Short Interest
Healthy
2.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of MRC Global in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.19%
From $1.08 to $1.19 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Industrial Products Sector

60th out of 167 stocks

Industrial Machinery & Equipment Industry

3rd 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

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Q3 2023 MRC Global Inc Earnings Call
MRC Global Inc MRC
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
MRC Global Announces Third Quarter 2023 Results
MRC Global Inc (37M.DU)
MRC Global Inc. (37M.F)
MRC Global (MRC) Initiated with a Buy at Loop Capital Markets
MRC Global Extends Enterprise Framework Agreement with Shell
MRC Global Inc.
Reasons Why You Should Avoid Betting on MRC Global (MRC)
Why Is MRC (MRC) Up 3.2% Since Last Earnings Report?
See More Headlines
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Company Calendar

Last Earnings
11/07/2023
Today
12/11/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/12/2024

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
+41.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$75 million
Pretax Margin
4.64%

Debt

Sales & Book Value

Annual Sales
$3.36 billion
Cash Flow
$2.00 per share
Book Value
$4.61 per share

Miscellaneous

Free Float
65,671,000
Market Cap
$877.56 million
Optionable
Optionable
Beta
2.06
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Key Executives

  • Mr. Robert James Saltiel Jr. (Age 60)
    President, CEO & Director
    Comp: $2.63M
  • Mr. Kelly Youngblood (Age 57)
    Executive VP & CFO
    Comp: $1.21M
  • Mr. Daniel J. Churay J.D. (Age 61)
    Executive VP of Corporate Affairs, General Counsel & Corporate Secretary
    Comp: $993.15k
  • Mr. Rance Long (Age 54)
    Senior Vice President of Sales & Marketing
    Comp: $820.68k
  • Mr. Grant R. Bates (Age 51)
    Senior Vice President of North America Operations & E-Commerce
    Comp: $939.37k
  • Ms. Gillian Anderson (Age 37)
    VP & Chief Accounting Officer
  • Ms. Monica Schafer Broughton
    Vice President of Investor Relations
  • Ms. Shweta Kurvey-Mishra (Age 43)
    Senior VP & Chief Human Resources Officer
  • Mr. Jack McCarthy (Age 57)
    Senior Vice President of Supply Chain, Quality & Technical Sales
  • Mr. Steve Smith (Age 55)
    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 year. 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 analysts 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 expect the company's share price to reach $14.75 in the next twelve months. This suggests a possible upside of 41.7% 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 2023?

MRC Global's stock was trading at $11.58 at the beginning of 2023. Since then, MRC stock has decreased by 10.1% and is now trading at $10.41.
View the best growth stocks for 2023 here
.

Are investors shorting MRC Global?

MRC Global saw a increase in short interest in October. As of October 31st, there was short interest totaling 1,980,000 shares, an increase of 23.8% from the October 15th total of 1,600,000 shares. Based on an average daily trading volume, of 744,200 shares, the days-to-cover ratio is currently 2.7 days. Approximately 2.4% of the company's stock are short sold.
View MRC Global's Short Interest
.

When is MRC Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 12th 2024.
View our MRC earnings forecast
.

How were MRC Global's earnings last quarter?

MRC Global Inc. (NYSE:MRC) announced its earnings results on Tuesday, November, 7th. The oil and gas company reported $0.32 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.32. The oil and gas company had revenue of $888 million for the quarter, compared to analysts' expectations of $942.16 million. MRC Global had a net margin of 3.25% and a trailing twelve-month return on equity of 30.19%. The business's revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.42 EPS.

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 Pzena Investment Management LLC (8.87%), Fuller & Thaler Asset Management Inc. (4.93%), Wellington Management Group LLP (3.57%), Kennedy Capital Management LLC (2.48%), American Century Companies Inc. (2.36%) and Charles Schwab Investment Management Inc. (1.72%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:MRC) was last updated on 12/11/2023 by MarketBeat.com Staff

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