NYSE:MRC MRC Global - MRC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding MRC Global Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $9.47 +0.01 (+0.11%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$9.40▼$9.6450-Day Range$8.72▼$13.8152-Week Range$7.03▼$13.90Volume329,510 shsAverage Volume688,654 shsMarket Capitalization$792.17 millionP/E Ratio15.78Dividend YieldN/APrice Target$15.67 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media MRC Global MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside65.4% Upside$15.67 Price TargetShort InterestHealthy2.11% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.53Based on 2 Articles This WeekInsider TradingSelling Shares$59,950 Sold Last QuarterProj. Earnings Growth15.82%From $1.58 to $1.83 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.88 out of 5 starsIndustrial Products Sector18th out of 177 stocksIndustrial Machinery & Equipment Industry2nd out of 5 stocks 3.5 Analyst's Opinion Consensus RatingMRC Global has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.67, MRC Global has a forecasted upside of 65.4% from its current price of $9.47.Amount of Analyst CoverageMRC Global has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.11% of the float of MRC Global has been sold short.Short Interest Ratio / Days to CoverMRC Global has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MRC Global has recently increased by 5.66%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldMRC Global does not currently pay a dividend.Dividend GrowthMRC Global does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MRC. Previous Next 2.0 News and Social Media Coverage News SentimentMRC Global has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 2 news articles for MRC Global this week, compared to 2 articles on an average week.Search InterestOnly 7 people have searched for MRC on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.MarketBeat Follows7 people have added MRC Global to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MRC Global insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $59,950.00 in company stock.Percentage Held by Insiders20.50% of the stock of MRC Global is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions96.14% of the stock of MRC Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for MRC Global are expected to grow by 15.82% in the coming year, from $1.58 to $1.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MRC Global is 15.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.16.Price to Earnings Ratio vs. SectorThe P/E ratio of MRC Global is 15.78, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.36.Price to Book Value per Share RatioMRC Global has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MRC Global (NYSE:MRC) StockMRC Global, Inc. is a holding company, which engages in the distribution of pipes, valves, fittings, and other infrastructure products and services to the energy, industrial, and gas utility end-markets. It operates through the following geographical segments: U.S., Canada, and International. The company was founded on November 20, 2006 and is headquartered in Houston, TX.Read More Receive MRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MRC Global and its competitors with MarketBeat's FREE daily newsletter. Email Address MRC Stock News HeadlinesMarch 27, 2023 | marketwatch.comAPI Pipe Market 2023 Key Trends, Applications & Future Developments to 2031March 20, 2023 | finance.yahoo.comMRC Global Announces First Quarter 2023 Earnings Release, Conference Call and Webcast ScheduleMarch 29, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 16, 2023 | benzinga.comMRC Global Stock (NYSE:MRC), DividendsMarch 15, 2023 | finance.yahoo.comWhy Is MRC (MRC) Down 26.1% Since Last Earnings Report?March 13, 2023 | finance.yahoo.comAre Options Traders Betting on a Big Move in MRC Global (MRC) Stock?March 7, 2023 | finance.yahoo.comAccertify Joins Leading Retailers to Discuss Returns Abuse at MRC Vegas 2023 ConferenceMarch 1, 2023 | msn.comMan found shot to death outside Munster industrial facilityMarch 29, 2023 | WealthPop (Ad)Adam Mesh: “This Strategy Saved My Trading Career”Adam Mesh was $50,000 in the hole - and ready to quit trading for good… Until he discovered the secret to unlocking double-digit income. This strategy has averaged 64% average gains in the last three years. Adam is hosting a free session to show ordinary folks how to execute this incredible strategy. Click here to let Adam show you how it’s done. March 1, 2023 | msn.comMRC Global's Return On Capital Employed OverviewFebruary 28, 2023 | marketwatch.comHow and Where the Industrial Distribution Market is Set to Grow in forecast period 2029February 27, 2023 | marketwatch.comIndustrial Distribution Market Players to drive Merges and Acquisition Strategies to Expand Market Share, 2023-2029February 20, 2023 | finance.yahoo.comHere is Why Growth Investors Should Buy MRC (MRC) NowFebruary 16, 2023 | seekingalpha.comMRC Global Inc. (MRC) Q4 2022 Earnings Call TranscriptFebruary 16, 2023 | seekingalpha.comMRC Global: Better Positioned But Not Cheap EnoughFebruary 16, 2023 | finance.yahoo.comWall Street Analysts Think MRC (MRC) Could Surge 31.69%: Read This Before Placing a BetFebruary 15, 2023 | ca.finance.yahoo.comQ4 2022 MRC Global Inc Earnings CallFebruary 14, 2023 | finance.yahoo.comAre Industrial Products Stocks Lagging Illinois Tool Works (ITW) This Year?February 14, 2023 | finance.yahoo.comMRC Global (MRC) Q4 Earnings Beat, Surge Y/Y on Higher SalesFebruary 13, 2023 | msn.comMRC Global GAAP EPS of $0.18 beats by $0.03, revenue of $869M misses by $3.17MFebruary 13, 2023 | finance.yahoo.comMRC Global Reports Full Year and Fourth Quarter 2022 Results and 2023 OutlookFebruary 10, 2023 | msn.comMRC Global Earnings PreviewFebruary 9, 2023 | bizjournals.comMRC Global renews HQ lease, AZA law firm expands in Houston CenterFebruary 7, 2023 | finance.yahoo.comWhat's in the Offing for MRC Global (MRC) in Q4 Earnings?February 1, 2023 | finance.yahoo.comIs There An Opportunity With MRC Global Inc.'s (NYSE:MRC) 48% Undervaluation?January 27, 2023 | finance.yahoo.comIs MRC Global (MRC) Stock Outpacing Its Industrial Products Peers This Year?January 24, 2023 | marketwatch.comAPI Pipe Market 2023 : Incredible Possibilities, Growth Analysis and Forecast To 2028See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MRC Global and its competitors with MarketBeat's FREE daily newsletter. Email Address MRC Company Calendar Last Earnings2/13/2023Today3/29/2023Next Earnings (Confirmed)5/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Industrial machinery & equipment Sub-IndustryTrading Companies & Distributors SectorIndustrial Products Current SymbolNYSE:MRC CUSIP55345K10 CIK1439095 Webwww.mrcglobal.com Phone(877) 294-7574Fax713-655-1477Employees2,800Year FoundedN/APrice Target and Rating Average Stock Price Forecast$15.67 High Stock Price Forecast$17.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+64.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.60 Trailing P/E Ratio15.90 Forward P/E Ratio6.04 P/E GrowthN/ANet Income$75 million Net Margins2.23% Pretax Margin3.27% Return on Equity34.84% Return on Assets6.70% Debt Debt-to-Equity Ratio0.87 Current Ratio2.02 Quick Ratio1.00 Sales & Book Value Annual Sales$3.36 billion Price / Sales0.24 Cash Flow$2.06 per share Price / Cash Flow4.62 Book Value$4.62 per share Price / Book2.06Miscellaneous Outstanding Shares83,650,000Free Float66,505,000Market Cap$798.02 million OptionableOptionable Beta2.19 Key ExecutivesRobert J. SaltielPresident, Chief Executive Officer & DirectorKelly YoungbloodChief Financial Officer & Executive Vice PresidentShweta Kurvey-MishraChief Human Resources Officer & SVPGillian AndersonChief Accounting Officer & Vice PresidentTod MossSVP-US Western & Canada Regional OperationsKey CompetitorsDXP EnterprisesNASDAQ:DXPEGlobal IndustrialNYSE:GICAlta Equipment GroupNYSE:ALTGMyers IndustriesNYSE:MYEScanSourceNASDAQ:SCSCView All CompetitorsInsiders & InstitutionsGillian AndersonSold 5,213 sharesTotal: $59,949.50 ($11.50/share)Coppell Advisory Solutions Corp.Bought 3,863 shares on 2/17/2023Ownership: 0.005%Alliancebernstein L.P.Sold 30,250 shares on 2/16/2023Ownership: 0.460%American TrustSold 973 shares on 2/16/2023Ownership: 0.047%State of WyomingSold 1,739 shares on 2/16/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions MRC Stock - Frequently Asked Questions Should I buy or sell MRC Global stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MRC Global in the last twelve months. There are currently 2 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 forecast for 2023? 2 brokerages have issued 12 month price objectives for MRC Global's shares. Their MRC share price forecasts range from $14.00 to $17.00. On average, they expect the company's stock price to reach $15.67 in the next twelve months. This suggests a possible upside of 64.2% 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 17.6% and is now trading at $9.54. View the best growth stocks for 2023 here. Are investors shorting MRC Global? MRC Global saw a drop in short interest in the month of February. As of February 15th, there was short interest totaling 1,470,000 shares, a drop of 19.7% from the January 31st total of 1,830,000 shares. Based on an average daily trading volume, of 580,500 shares, the short-interest ratio is presently 2.5 days. Currently, 1.8% of the company's shares 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 Tuesday, May 9th 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 Tuesday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13737072#". How were MRC Global's earnings last quarter? MRC Global Inc. (NYSE:MRC) released its quarterly earnings results on Monday, February, 13th. The oil and gas company reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.04. The oil and gas company earned $869 million during the quarter, compared to analysts' expectations of $872.18 million. MRC Global had a net margin of 2.23% and a trailing twelve-month return on equity of 34.84%. The firm's revenue for the quarter was up 26.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.17 earnings per share. What ETFs hold MRC Global's stock? ETFs with the largest weight of MRC Global (NYSE:MRC) stock in their portfolio include Invesco DWA SmallCap Momentum ETF (DWAS), iShares US Small Cap Value Factor ETF (SVAL) and Global X U.S. Infrastructure Development ETF (PAVE) and 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." Who are MRC Global's major shareholders? MRC Global's stock is owned by many different retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (6.49%), Fuller & Thaler Asset Management Inc. (5.06%), Dimensional Fund Advisors LP (3.75%), American Century Companies Inc. (3.37%), Charles Schwab Investment Management Inc. (1.83%) and Mirae Asset Global Investments Co. Ltd. (1.76%). 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. What is MRC Global's stock price today? One share of MRC stock can currently be purchased for approximately $9.54. How much money does MRC Global make? MRC Global (NYSE:MRC) has a market capitalization of $798.02 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 $0.60 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 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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