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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Better Than Oil Stocks (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
The single greatest medical breakthrough of all time? (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Better Than Oil Stocks (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
The single greatest medical breakthrough of all time? (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Better Than Oil Stocks (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
The single greatest medical breakthrough of all time? (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
NYSE:MRC

MRC Global (MRC) Stock Forecast, Price & News

$10.25
-0.07 (-0.68%)
(As of 09/29/2023 ET)
Compare
Today's Range
$10.18
$10.42
50-Day Range
$8.94
$11.45
52-Week Range
$7.14
$13.90
Volume
412,424 shs
Average Volume
797,722 shs
Market Capitalization
$861.10 million
P/E Ratio
11.02
Dividend Yield
N/A
Price Target
$14.67

MRC Global MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.1% Upside
$14.67 Price Target
Short Interest
Healthy
2.16% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.01mentions of MRC Global in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.38%
From $1.16 to $1.35 Per Share

Overall MarketRank

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

2.69 out of 5 stars

Industrial Products Sector

39th out of 180 stocks

Industrial Machinery & Equipment Industry

2nd out of 5 stocks


MRC stock logo

About MRC Global (NYSE:MRC) Stock

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 Price History

MRC Stock News Headlines

MRC Global Extends Enterprise Framework Agreement with Shell
Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
MRC Global Inc.
Reasons Why You Should Avoid Betting on MRC Global (MRC)
Why Is MRC (MRC) Up 3.2% Since Last Earnings Report?
Q2 2023 MRC Global Inc Earnings Call
Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
MRC Global Announces Second Quarter 2023 Results
MRC Global Q2 2023 Earnings Preview
MRC Global Stock Seems Too Cheap To Ignore
3 Energy Stocks to Boost Your Portfolio
US55345K1034.SG - MRC Global Inc.
MRC Global (NYSE: MRC)
8-K: MRC GLOBAL INC.
See More Headlines
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MRC Company Calendar

Last Earnings
8/07/2023
Today
9/30/2023
Next Earnings (Confirmed)
11/07/2023
Fiscal Year End
12/31/2023

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 Forecast
$14.67
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+43.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$75 million
Pretax Margin
4.19%

Debt

Sales & Book Value

Annual Sales
$3.36 billion
Cash Flow
$1.96 per share
Book Value
$4.61 per share

Miscellaneous

Free Float
65,445,000
Market Cap
$861.10 million
Optionable
Optionable
Beta
2.24
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Key Executives

  • Mr. Robert James Saltiel Jr. (Age 60)
    Pres, CEO & Director
    Comp: $2.63M
  • Mr. Kelly Youngblood (Age 57)
    Exec. VP & CFO
    Comp: $1.21M
  • Mr. Daniel J. Churay J.D. (Age 61)
    Exec. VP of Corp. Affairs, Gen. Counsel & Corp. Sec.
    Comp: $993.15k
  • Mr. Rance Long (Age 54)
    Sr. VP of Sales & Marketing
    Comp: $820.68k
  • Mr. Grant R. Bates (Age 51)
    Sr. VP of North America Operations & E-Commerce
    Comp: $939.37k
  • Ms. Gillian Anderson (Age 37)
    VP & Chief Accounting Officer
  • Ms. Monica Schafer Broughton
    VP of Investor Relations
  • Ms. Shweta Kurvey-Mishra (Age 43)
    Sr. VP & Chief HR Officer
  • Mr. Jack McCarthy (Age 57)
    Sr. VP of Supply Chain, Quality & Technical Sales
  • Mr. Steve Smith (Age 55)
    Sr. VP of International Operations













MRC Stock - Frequently Asked Questions

Should I buy or sell MRC Global stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MRC Global in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MRC shares.
View MRC analyst ratings
or view top-rated stocks.

What is MRC Global's stock price forecast for 2023?

3 Wall Street research analysts have issued 1 year price targets for MRC Global's shares. Their MRC share price forecasts range from $12.00 to $17.00. On average, they expect the company's share price to reach $14.67 in the next twelve months. This suggests a possible upside of 43.1% 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 2023?

MRC Global's stock was trading at $11.58 at the beginning of 2023. Since then, MRC shares have decreased by 11.5% and is now trading at $10.25.
View the best growth stocks for 2023 here
.

When is MRC Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our MRC earnings forecast
.

How can I listen to MRC Global's earnings call?

MRC Global will be holding an earnings conference call on Wednesday, November 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-689-8261 with passcode "13740768#".

How were MRC Global's earnings last quarter?

MRC Global Inc. (NYSE:MRC) released its quarterly earnings results on Monday, August, 7th. The oil and gas company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.36 by $0.11. The oil and gas company earned $871 million during the quarter, compared to analyst estimates of $914.58 million. MRC Global had a net margin of 2.92% and a trailing twelve-month return on equity of 34.08%. The company's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.27 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).

What is MRC Global's stock symbol?

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

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.

What is MRC Global's stock price today?

One share of MRC stock can currently be purchased for approximately $10.25.

How much money does MRC Global make?

MRC Global (NYSE:MRC) has a market capitalization of $861.10 million and generates $3.36 billion in revenue each year. The oil and gas company earns $75 million in net income (profit) each year or $0.93 on an earnings per share basis.

How many employees does MRC Global have?

The company employs 2,800 workers across the globe.

How can I contact MRC Global?

MRC Global's mailing address is 1301 MCKINNEY STREET SUITE 2300, HOUSTON TX, 77010. The official website for the company is www.mrcglobal.com. The oil and gas company can be reached via phone at (877) 294-7574, via email at investor.relations@mrcglobal.com, or via fax at 713-655-1477.

This page (NYSE:MRC) was last updated on 10/1/2023 by MarketBeat.com Staff

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