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NYSE:MRCMRC Global Stock Price, Forecast & News

$3.78
-0.31 (-7.58 %)
(As of 04/6/2020 06:08 AM ET)
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Today's Range
$3.72
Now: $3.78
$4.15
50-Day Range
$3.52
MA: $6.78
$11.44
52-Week Range
$3.31
Now: $3.78
$18.91
Volume1.19 million shs
Average Volume1.49 million shs
Market Capitalization$307.73 million
P/E Ratio23.63
Dividend YieldN/A
Beta2.35
MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services to the energy industry in the United States, Canada, and internationally. The company supplies products across various markets, such as upstream, midstream, and downstream. 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 products, and top work components, as well as measurement, steam, and instrumentation products. The company also provides carbon steel fittings and flanges, including carbon weld fittings, flanges, and piping components; stainless, alloy, and corrosion resistant pipes, tubing, fittings, and flanges; and carbon line pipes. In addition, it offers natural gas distribution products comprising risers, meters, polyethylene pipes and fittings, and various other components and industrial supplies; oilfield and industrial supplies and completion equipment consisting of 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. 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.2Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.79 out of 5 stars


Industry, Sector and Symbol

Industry Industrial machinery & equipment
Sub-IndustryTrading Companies & Distributors
SectorIndustrial Products
CUSIP55345K10
Phone877-294-7574

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.66 billion
Cash Flow$1.57 per share
Book Value$7.81 per share

Profitability

Net Income$39 million

Miscellaneous

Employees3,200
Market Cap$307.73 million
Next Earnings Date4/28/2020 (Confirmed)
OptionableOptionable

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MRC Global (NYSE:MRC) Frequently Asked Questions

How has MRC Global's stock been impacted by COVID-19 (Coronavirus)?

MRC Global's stock was trading at $5.05 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MRC stock has decreased by 25.1% and is now trading at $3.78. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of MRC Global?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MRC Global in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MRC Global.

When is MRC Global's next earnings date?

MRC Global is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 2020. View our earnings forecast for MRC Global.

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

MRC Global will be holding an earnings conference call on Tuesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were MRC Global's earnings last quarter?

MRC Global Inc (NYSE:MRC) released its earnings results on Thursday, February, 13th. The oil and gas company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.18. The oil and gas company earned $766 million during the quarter, compared to analysts' expectations of $853.16 million. MRC Global had a net margin of 1.07% and a return on equity of 9.76%. View MRC Global's earnings history.

What guidance has MRC Global issued on next quarter's earnings?

MRC Global updated its FY 2020 After-Hours earnings guidance on Thursday, February, 13th. The company provided earnings per share guidance of 0.19-0.56 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.71. The company issued revenue guidance of $3.2-3.7 billion, compared to the consensus revenue estimate of $3.6 billion.

What price target have analysts set for MRC?

7 equities research analysts have issued twelve-month price objectives for MRC Global's shares. Their forecasts range from $6.50 to $20.00. On average, they anticipate MRC Global's share price to reach $12.79 in the next twelve months. This suggests a possible upside of 238.2% from the stock's current price. View analysts' price targets for MRC Global.

Has MRC Global been receiving favorable news coverage?

News stories about MRC stock have trended very negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. MRC Global earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutMRC Global.

Are investors shorting MRC Global?

MRC Global saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 4,925,900 shares, an increase of 12.7% from the February 27th total of 4,370,000 shares. Based on an average daily trading volume, of 964,800 shares, the days-to-cover ratio is currently 5.1 days. Currently, 6.4% of the company's stock are short sold. View MRC Global's Current Options Chain.

Who are some of MRC Global's key competitors?

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), NVIDIA (NVDA), UnitedHealth Group (UNH), Cisco Systems (CSCO), Intel (INTC), SLM (SLM), Alibaba Group (BABA), Home Depot (HD) and Wells Fargo & Co (WFC).

Who are MRC Global's key executives?

MRC Global's management team includes the following people:
  • Mr. Andrew R. Lane, Pres, CEO & Director (Age 60)
  • Mr. James E. Braun, CFO & Exec. VP (Age 60)
  • Mr. Grant R. Bates, Sr. VP of Operations, Canada, International & Operational Excellence (Age 47)
  • Mr. Daniel J. Churay J.D., Exec. VP of Corp. Affairs, Gen. Counsel & Corp. Sec. (Age 57)
  • Mr. John L. Bowhay, Sr. VP of Supply Chain Management, Valve & Technical Product Sales (Age 53)

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 can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is MRC Global's stock price today?

One share of MRC stock can currently be purchased for approximately $3.78.

How big of a company is MRC Global?

MRC Global has a market capitalization of $307.73 million and generates $3.66 billion in revenue each year. The oil and gas company earns $39 million in net income (profit) each year or $0.49 on an earnings per share basis. MRC Global employs 3,200 workers across the globe. View additional information about MRC Global.

What is MRC Global's official website?

The official website for MRC Global is http://www.mrcglobal.com/.

How can I contact MRC Global?

MRC Global's mailing address is 1301 MCKINNEY STREET SUITE 2300, HOUSTON TX, 77010. The oil and gas company can be reached via phone at 877-294-7574 or via email at [email protected]

This page was last updated on 4/6/2020 by MarketBeat.com Staff

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