MRC Global Company Profile (NYSE:MRC)

About MRC Global

MRC Global logoMRC Global Inc. is an industrial distributor of pipe, valves and fittings (PVF) and related products and services to the energy industry. The Company operates through three segments: the United States of America, Canada and International. It has branches in principal industrial, hydrocarbon producing and refining areas throughout the United States, Canada, Europe, Asia, Australasia, the Middle East and Kazakhstan. Its product types include valves, automation and instrumentation; carbon steel fittings and flanges and stainless steel and alloy pipe and fittings; line pipe, and oil country tubular goods (OCTG). Its valves, automation and instrumentation product offering includes ball, butterfly, gate, check, needle and plug valves, which are manufactured from cast steel, stainless/alloy steel, forged steel, carbon steel or cast and ductile iron. Its carbon steel fittings and flanges include carbon weld fittings, flanges and piping components used to connect piping and valve systems.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: Trading Companies & Distributors
  • Exchange: NYSE
  • Symbol: MRC
  • CUSIP: 55345K10
Key Metrics:
  • Previous Close: $20.89
  • 50 Day Moving Average: $20.64
  • 200 Day Moving Average: $17.92
  • 52-Week Range: $11.48 - $22.52
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 34.82
  • P/E Growth: 22.13
  • Market Cap: $1.98B
  • Outstanding Shares: 94,871,000
  • Beta: 1.36
Profitability:
  • Net Margins: -13.92%
  • Return on Equity: -0.01%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 2.81%
  • Quick Ratio: 1.52%
Additional Links:
Companies Related to MRC Global:

Analyst Ratings

Consensus Ratings for MRC Global (NYSE:MRC) (?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $21.00 (0.53% upside)

Analysts' Ratings History for MRC Global (NYSE:MRC)
Show:
DateFirmActionRatingPrice TargetDetails
2/22/2017Evercore ISIBoost Price Target$25.00View Rating Details
2/21/2017Seaport Global SecuritiesUpgradeNeutral -> Buy$14.00 -> $25.00View Rating Details
11/8/2016Cowen and CompanyUpgradeMarket Perform -> Outperform$16.00 -> $18.00View Rating Details
9/4/2016Wells Fargo & CoReiterated RatingHoldView Rating Details
8/4/2016Maxim GroupUpgradeHold -> Buy$16.00View Rating Details
8/3/2016J P Morgan Chase & CoReiterated RatingBuyView Rating Details
8/3/2016Capital One Financial Corp.UpgradeEqual Weight -> OverweightView Rating Details
2/25/2016Longbow ResearchDowngradeBuy -> NeutralView Rating Details
2/12/2016William BlairReiterated RatingBuyView Rating Details
12/18/2015KeyCorpInitiated CoverageSector WeightView Rating Details
11/17/2015BB&T Co.Reiterated RatingNot Applicable -> HoldView Rating Details
5/4/2015StephensUpgradeEqual Weight -> Overweight$14.00 -> $24.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for MRC Global (NYSE:MRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
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$0.02$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$0.48$0.33$1.54 billion$1.52 billionViewListenView Earnings Details
11/6/2014Q314$0.45$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)
Current Year EPS Consensus Estimate: $0.06 EPS
Next Year EPS Consensus Estimate: $0.60 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 201611($0.17)$0.10($0.05)
Q2 20168($0.17)$0.10($0.05)
Q3 20167($0.18)$0.16($0.05)
Q4 20165($0.17)($0.06)($0.11)
Q1 20174($0.09)($0.07)($0.08)
Q2 20174($0.08)($0.02)($0.05)
Q3 20174$0.01$0.10$0.05
Q4 20174($0.04)$0.05$0.01
Q1 20181($0.03)($0.03)($0.03)
Q2 20181$0.13$0.13$0.13
Q3 20181$0.24$0.24$0.24
Q4 20181$0.17$0.17$0.17
(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 History for MRC Global (NYSE:MRC)
Insider Ownership Percentage: 6.10%
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

Latest Headlines for MRC Global (NYSE:MRC)
DateHeadline
News IconA Look at 2 Trending Stocks: Halozyme Therapeutics, Inc. (HALO ... - Post Analyst (NYSE:MRC)
postanalyst.com - February 24 at 4:00 PM
reuters.com logoBRIEF-MRC Global sees 2017 revenue up 10-20 pct over 2016 - SEC filing - Reuters (NYSE:MRC)
www.reuters.com - February 24 at 4:00 PM
4-traders.com logoMRC GLOBAL INC. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (NYSE:MRC)
www.4-traders.com - February 24 at 9:19 AM
reuters.com logoBRIEF-MRC Global sees 2017 revenue up 10-20 pct over 2016 - SEC filing (NYSE:MRC)
www.reuters.com - February 24 at 9:19 AM
marketexclusive.com logoMRC GLOBAL INC. (NYSE:MRC) Files An 8-K Regulation FD Disclosure (NYSE:MRC)
marketexclusive.com - February 24 at 9:19 AM
biz.yahoo.com logoMRC GLOBAL INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:MRC)
biz.yahoo.com - February 24 at 9:19 AM
finance.yahoo.com logoMRC GLOBAL INC. Financials (NYSE:MRC)
finance.yahoo.com - February 23 at 6:43 PM
News IconFiscal Year Earnings Estimate on MRC Global Inc.(MRC) - Money Flow Index & Trends (NYSE:MRC)
www.moneyflowtrends.com - February 23 at 8:12 AM
News IconWhat are Analyst's Indicators for Eaton Vance Corp. (EV), MRC Global Inc. (MRC) - The USA Commerce (NYSE:MRC)
theusacommerce.com - February 23 at 8:12 AM
streetinsider.com logoForm 4 MRC GLOBAL INC. For: Feb 18 Filed by: Witt Karl (NYSE:MRC)
www.streetinsider.com - February 22 at 6:46 PM
capitalcube.com logoMRC Global, Inc. :MRC-US: Earnings Analysis: 2016 By the Numbers : February 22, 2017 (NYSE:MRC)
www.capitalcube.com - February 22 at 6:46 PM
streetinsider.com logoForm 4 MRC GLOBAL INC. For: Feb 18 Filed by: Witt Karl - StreetInsider.com (NYSE:MRC)
www.streetinsider.com - February 22 at 8:29 AM
News IconWhat are Analyst's Indicators for MRC Global Inc. (MRC), Office Depot, Inc. (ODP) - The USA Commerce (NYSE:MRC)
www.theusacommerce.com - February 22 at 8:29 AM
streetinsider.com logoMRC Global (MRC) PT Raised to $25 at Evercore ISI Following 4Q Report - StreetInsider.com (NYSE:MRC)
www.streetinsider.com - February 22 at 8:29 AM
finance.yahoo.com logoMRC Global upgraded by Seaport Global Securities (NYSE:MRC)
finance.yahoo.com - February 21 at 6:18 PM
capitalcube.com logoMRC Global, Inc. :MRC-US: Earnings Analysis: Q4, 2016 By the Numbers : February 21, 2017 (NYSE:MRC)
www.capitalcube.com - February 21 at 6:18 PM
News IconA Keen Look At The Chart For MRC Global Inc. (MRC) - NY Stock News (NYSE:MRC)
nystocknews.com - February 20 at 5:59 PM
News IconChecking Out the Technicals for MRC Global Inc. (MRC) - The USA Commerce (NYSE:MRC)
theusacommerce.com - February 20 at 5:59 PM
News Icon107 institutional investors are raising stakes in MRC Global Inc. (MRC) - Post Analyst (NYSE:MRC)
postanalyst.com - February 19 at 9:51 AM
us.rd.yahoo.com logoEdited Transcript of MRC earnings conference call or presentation 17-Feb-17 3:00pm GMT (NYSE:MRC)
us.rd.yahoo.com - February 18 at 5:51 PM
News IconTechnical Roundup On Two Stocks MRC Global Inc. (MRC), FLIR Systems, Inc. (FLIR) - Post Analyst (NYSE:MRC)
postanalyst.com - February 18 at 12:25 PM
fool.com logoMRC Global Inc.'s Results Continue to Show Small Signs of Improvement - Motley Fool (NYSE:MRC)
www.fool.com - February 18 at 12:25 PM
4-traders.com logoMRC GLOBAL : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-K) (NYSE:MRC)
www.4-traders.com - February 17 at 4:01 PM
marketexclusive.com logoMRC Global inc. (NYSE:MRC) Files An 8-K Results of Operations and Financial Condition (NYSE:MRC)
marketexclusive.com - February 17 at 4:01 PM
us.rd.yahoo.com logoMRC Global (MRC) Reports Wider-than-Expected Loss in Q4 (NYSE:MRC)
us.rd.yahoo.com - February 17 at 4:01 PM
biz.yahoo.com logoMRC Global Inc Earnings Call scheduled for 10:00 am ET today (NYSE:MRC)
biz.yahoo.com - February 17 at 4:01 PM
biz.yahoo.com logoMRC GLOBAL INC. Files SEC form 10-K, Annual Report (NYSE:MRC)
biz.yahoo.com - February 17 at 4:01 PM
fool.com logoMRC Global Inc.'s Results Continue to Show Small Signs of Improvement (NYSE:MRC)
www.fool.com - February 17 at 10:22 AM
capitalcube.com logoMRC Global, Inc. breached its 50 day moving average in a Bullish Manner : MRC-US : February 15, 2017 (NYSE:MRC)
us.rd.yahoo.com - February 16 at 6:13 PM
us.rd.yahoo.com logoWhy MRC Global (MRC) Might Surprise This Earnings Season (NYSE:MRC)
us.rd.yahoo.com - February 16 at 6:13 PM
biz.yahoo.com logoQ4 2016 MRC Global Inc Earnings Release - After Market Close (NYSE:MRC)
us.rd.yahoo.com - February 16 at 6:13 PM
us.rd.yahoo.com logoMRC Global Announces Fourth Quarter 2016 Results (NYSE:MRC)
us.rd.yahoo.com - February 16 at 6:13 PM
biz.yahoo.com logoMRC GLOBAL INC. Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors or Principal O (NYSE:MRC)
us.rd.yahoo.com - February 16 at 6:13 PM
us.rd.yahoo.com logo4:26 pm MRC Global misses by $0.07, misses on revs; 2017 results to be improved over 2016 (NYSE:MRC)
us.rd.yahoo.com - February 16 at 6:13 PM
sg.finance.yahoo.com logoMRC reports 4Q loss (NYSE:MRC)
sg.finance.yahoo.com - February 16 at 6:13 PM
News IconGrowing demand for safety applications to bolster adas market growth according to new research report (NYSE:MRC)
www.whatech.com - February 15 at 1:18 AM
News IconMarket Focus – Taking a Peek at Shares of MRC Global Inc. (NYSE:MRC) - Midway Monitor (NYSE:MRC)
midwaymonitor.com - February 14 at 8:16 PM
finance.yahoo.com logoCan MRC Global (MRC) Pull Off a Surprise in Q4 Earnings? (NYSE:MRC)
finance.yahoo.com - February 14 at 8:15 PM
News IconInvestor Wire: Keeping an Eye on MRC Global Inc. (NYSE:MRC) - The Standard (NYSE:MRC)
6milestandard.com - February 13 at 7:46 PM
News IconLevels in Review on Shares of MRC Global Inc. (NYSE:MRC) - Davidson Register (NYSE:MRC)
davidsonregister.com - February 13 at 7:46 PM
News IconIs there Upside to MRC Global Inc. (NYSE:MRC) ? - Rockville Register (NYSE:MRC)
rockvilleregister.com - February 13 at 7:46 PM
News IconValue Focus: Following the Numbers for MRC Global Inc. (NYSE:MRC) - Baldwin Journal (NYSE:MRC)
baldwinjournal.com - February 10 at 7:33 PM
News IconInside Track: Trading Focus on Shares of MRC Global Inc. (MRC) - Providence Standard (NYSE:MRC)
providencestandard.com - February 10 at 12:43 AM
News IconMarket Update: Looking at the Levels for MRC Global Inc. (NYSE:MRC) - Midway Monitor (NYSE:MRC)
midwaymonitor.com - February 8 at 7:30 PM
News IconStock Levels in Review for MRC Global Inc. (MRC) - Benton Bulletin (NYSE:MRC)
bentonbulletin.com - February 8 at 7:30 PM
News IconStock Circle: Looking Closer at Shares of MRC Global Inc. (NYSE:MRC) - Baxter Review (NYSE:MRC)
baxternewsreview.com - February 8 at 12:58 AM
News IconCompany Levels in Review: MRC Global Inc. (NYSE:MRC) - The Standard (NYSE:MRC)
6milestandard.com - February 8 at 12:58 AM
realistinvestor.com logoMRC Global Inc. (NYSE:MRC) Is Expected To Post EPS Of $0.07 (NYSE:MRC)
www.realistinvestor.com - February 6 at 6:44 PM
News IconStock Volatality Analysis: MRC Global Inc. (NYSE:MRC) - The Oracle Examiner (NYSE:MRC)
oracleexaminer.com - February 6 at 9:45 AM
News IconHot Stocks Among Investors: Antero Resources Corporation (AR ... - Post Analyst (NYSE:MRC)
postanalyst.com - February 6 at 9:45 AM

Social

What is MRC Global's stock symbol?

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

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

6 analysts have issued 1 year price targets for MRC Global's stock. Their forecasts range from $16.00 to $25.00. On average, they expect MRC Global's stock price to reach $21.00 in the next year.

When will MRC Global announce their earnings?

MRC Global is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What are analysts saying about MRC Global stock?

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

  • 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)
  • 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 owns MRC Global stock?

MRC Global's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (7.57%), Dimensional Fund Advisors LP (5.66%), Tweedy Browne Co. LLC (5.04%), Frontier Capital Management Co. LLC (2.61%), State Street Corp (2.05%) and FIL Ltd (2.03%). Company insiders that own MRC Global stock include Daniel J Churay, Gerard Pieter Krans, H B Wehrle III, Karl Witt and Scott Alan Hutchinson.

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 Dimensional Fund Advisors LP, AQR Capital Management LLC, GSA Capital Partners LLP, ZWJ Investment Counsel Inc., Bogle Investment Management L P DE, Ellington Management Group LLC, Martingale Asset Management L P and Metropolitan Life Insurance Co. NY. Company insiders that have sold MRC Global stock in the last year include Daniel J Churay, Gerard Pieter Krans and H B Wehrle III.

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 FMR LLC, FIL Ltd, Ardevora Asset Management LLP, Federated Investors Inc. PA, Two Sigma Investments LP, Thrivent Financial for Lutherans, Marshall Wace LLP and Renaissance Technologies LLC. Company insiders that have bought MRC Global stock in the last two years include Karl Witt and Scott Alan Hutchinson.

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 $20.89.

MRC Global (NYSE:MRC) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for MRC Global (NYSE:MRC)

Earnings History Chart

Earnings by Quarter for MRC Global (NYSE:MRC)

Dividend History Chart

Dividend Payments by Quarter for MRC Global (NYSE:MRC)

Last Updated on 2/27/2017 by MarketBeat.com Staff