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 .

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: 0.00
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

3.5

Analyst's Opinion

Consensus Rating
MRC Global has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.75, MRC Global has a forecasted upside of 41.7% from its current price of $10.41.
Amount of Analyst Coverage
MRC Global has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.51% of the float of MRC Global has been sold short.
Short Interest Ratio / Days to Cover
MRC Global has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in MRC Global has recently increased by 4.04%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
MRC Global does not currently pay a dividend.
Dividend Growth
MRC Global does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MRC.

1.1

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for MRC Global this week, compared to 2 articles on an average week.
Search Interest
7 people have searched for MRC on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added MRC Global to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MRC Global insiders have not sold or bought any company stock.
Percentage Held by Insiders
22.10% of the stock of MRC Global is held by insiders. A high percentage of insider ownership can be a sign of company health.

2.5

Earnings and Valuation

Earnings Growth
Earnings for MRC Global are expected to grow by 10.19% in the coming year, from $1.08 to $1.19 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MRC Global is 9.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of MRC Global is 9.91, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.46.
Price to Book Value per Share Ratio
MRC Global has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

MRC Stock News Headlines

December 11, 2023 | americanbankingnews.com

MRC Global Inc. (NYSE:MRC) Receives Average Rating of "Buy" from Brokerages

November 26, 2023 | finance.yahoo.com

MRC Global (NYSE:MRC) shareholders have earned a 19% CAGR over the last three years

December 11, 2023 | Autonomix (Ad)

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November 9, 2023 | finance.yahoo.com

Here's Why MRC Global (NYSE:MRC) Has Caught The Eye Of Investors

November 9, 2023 | finance.yahoo.com

MRC Global Inc. (NYSE:MRC) Q3 2023 Earnings Call Transcript

November 9, 2023 | finance.yahoo.com

Q3 2023 MRC Global Inc Earnings Call

November 8, 2023 | finance.yahoo.com

MRC Global (MRC) Q3 Earnings Match Estimates, Revenues Miss

November 8, 2023 | morningstar.com

MRC Global Inc MRC

December 11, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 7, 2023 | msn.com

MRC Global Non-GAAP EPS of $0.32 misses by $0.04, revenue of $888M misses by $53.87M

November 7, 2023 | finance.yahoo.com

MRC Global Announces Third Quarter 2023 Results

October 31, 2023 | msn.com

MRC Global: Exploring A Potential Sale Of The Company

October 30, 2023 | msn.com

MRC Global quickly gains amid a report of takeover interest

October 30, 2023 | financialpost.com

Pipe and Fittings Distributor MRC Global Explores Potential Sale

October 26, 2023 | finance.yahoo.com

MRC Global Inc (37M.DU)

October 25, 2023 | finance.yahoo.com

MRC Global Inc. (37M.F)

October 23, 2023 | finance.yahoo.com

MRC Global Inc. (NYSE:MRC) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

October 19, 2023 | finance.yahoo.com

MRC Global A Key Valve Provider for Preem’s Lysekil Refinery Biofuel Project

October 17, 2023 | msn.com

MRC Global gains amid report activist pushing for sale (update)

October 16, 2023 | msn.com

MRC Global gains amid report activist pusing for sale

October 5, 2023 | entrepreneur.com

3 Energy Stocks Signaling 'Buy' to Take Advantage of This Week

October 3, 2023 | markets.businessinsider.com

MRC Global (MRC) Initiated with a Buy at Loop Capital Markets

September 27, 2023 | finance.yahoo.com

MRC Global Extends Enterprise Framework Agreement with Shell

September 18, 2023 | barrons.com

MRC Global Inc.

September 15, 2023 | finance.yahoo.com

MRC Global Announces Third Quarter 2023 Earnings Release, Conference Call and Webcast Schedule

September 12, 2023 | finance.yahoo.com

Reasons Why You Should Avoid Betting on MRC Global (MRC)

September 6, 2023 | finance.yahoo.com

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

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Industrial machinery & equipment
Sub-Industry: Trading Companies & Distributors
Sector: Industrial Products
Current Symbol: NYSE:MRC
CUSIP: 55345K10
CIK: 1439095
Web: www.mrcglobal.com
Phone: (877) 294-7574
Fax: 713-655-1477
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

EPS (Most Recent Fiscal Year): $1.05
Trailing P/E Ratio: 9.91
Forward P/E Ratio: 9.64
P/E Growth: N/A
Net Income: $75 million
Net Margins: 3.25%
Pretax Margin: 4.64%
Return on Equity: 30.19%
Return on Assets: 6.50%

Debt

Debt-to-Equity Ratio: 0.65
Current Ratio: 2.08
Quick Ratio: 1.03

Sales & Book Value

Annual Sales: $3.36 billion
Price / Sales: 0.26
Cash Flow: $2.00 per share
Price / Cash Flow: 5.21
Book Value: $4.61 per share
Price / Book: 2.26

Miscellaneous

Outstanding Shares: 84,300,000
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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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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MRC Global (MRC) Stock Price, News & Analysis

MRC Global MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About MRC Global Stock (NYSE:MRC)

MRC Stock Price History

MRC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MRC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™