MRC Global Company Profile (NYSE:MRC)

About MRC Global (NYSE:MRC)

MRC Global logoMRC Global Inc. is an industrial distributor of pipe, valves and fittings and related products and services to the energy industry. The Company's segments include the U.S., Canada and International. Its U.S. segment includes the United States Eastern Region and Gulf Coast, and the United States Western Region. It provides services, such as product testing, manufacturer assessments, 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 customized to customer and supplier specifications for tracking and replenishing inventory, engineering of control packages, and valve inspection and repair. The Company's principal product types include valves, automation, measurement and instrumentation; carbon steel fittings and flanges; stainless steel and alloy fittings, flanges and pipe; gas products; line pipe, and other.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Industrial Machinery & Equipment Wholesale
  • Sub-Industry: Trading Companies & Distributors
  • Symbol: NYSE:MRC
  • CUSIP: 55345K10
  • Web:
  • Market Cap: $1.52858 billion
  • Outstanding Shares: 94,473,000
Average Prices:
  • 50 Day Moving Avg: $16.78
  • 200 Day Moving Avg: $18.74
  • 52 Week Range: $11.50 - $22.52
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 25.89
  • P/E Growth: 5.68
Sales & Book Value:
  • Annual Revenue: $3.12 billion
  • Price / Sales: 0.49
  • Book Value: $7.97 per share
  • Price / Book: 2.01
  • EBIDTA: $45 million
  • Net Margins: -2.21%
  • Return on Equity: -2.39%
  • Return on Assets: -0.83%
  • Debt-to-Equity Ratio: 0.54%
  • Current Ratio: 2.32%
  • Quick Ratio: 1.21%
  • Average Volume: 930,954 shs.
  • Beta: 1.61
  • Short Ratio: 6.09
Frequently Asked Questions for MRC Global (NYSE:MRC)

What is MRC Global's stock symbol?

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

How were MRC Global's earnings last quarter?

MRC Global Inc. (NYSE:MRC) released its quarterly earnings results on Thursday, May, 4th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.06) by $0.07. The company earned $862 million during the quarter, compared to analysts' expectations of $798.38 million. MRC Global had a negative net margin of 2.21% and a negative return on equity of 2.39%. The business's quarterly revenue was up 10.1% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.10) earnings per share. View MRC Global's Earnings History.

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

9 equities research analysts have issued 1-year target prices for MRC Global's shares. Their predictions range from $16.00 to $25.00. On average, they anticipate MRC Global's share price to reach $19.88 in the next twelve months. View Analyst Ratings for MRC Global.

What are analysts saying about MRC Global stock?

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

  • 1. 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)
  • 2. 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 are some of MRC Global's key competitors?

Who are MRC Global's key executives?

MRC Global's management team includes the folowing people:

  • Andrew R. Lane, President, Chief Executive Officer, Director
  • James E. Braun, Chief Financial Officer, Executive Vice President
  • Daniel J. Churay, Executive Vice President - Corporate Affairs, General Counsel, Corporate Secretary
  • Elton Bond, Senior Vice President, Chief Accounting Officer
  • Grant R. Bates, Senior Vice President - Operational Excellence, Chief Information Officer
  • Steinar Aasland, Senior Vice President - International Operations
  • John L. Bowhay, Senior Vice President - Supply Chain Management
  • G. Tod Moss, Senior Vice President - Operations, West US & Canada operations
  • Robert Wayne Stein, Senior Vice President - Business Development
  • Karl W. Witt, Senior Vice President, U.S. Eastern Region and Gulf Coast operations

Who owns MRC Global stock?

MRC Global's stock is owned by a number of of retail and institutional investors. Top institutional investors include Ardevora Asset Management LLP (2.13%), Miller Howard Investments Inc. NY (0.30%), Rockefeller Financial Services Inc. (0.26%), American National Insurance Co. TX (0.16%), Malaga Cove Capital LLC (0.11%) and Dudley & Shanley LLC (0.11%). Company insiders that own MRC Global stock include Daniel J Churay, Gerard Pieter Krans, H B Wehrle III, Karl Witt and Scott Alan Hutchinson. View Institutional Ownership Trends for MRC Global.

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 Acadian Asset Management LLC, Russell Investments Group Ltd. and Miller Howard Investments Inc. 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. View Insider Buying and Selling for MRC Global.

Who bought MRC Global stock? Who is buying MRC Global stock?

MRC Global's stock was purchased by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, First Midwest Bank Trust Division, Alpha Windward LLC, Malaga Cove Capital LLC and Aperio Group LLC. Company insiders that have bought MRC Global stock in the last two years include Karl Witt and Scott Alan Hutchinson. View Insider Buying and Selling for MRC Global.

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.

What is MRC Global's stock price today?

One share of MRC Global stock can currently be purchased for approximately $16.05.

MarketBeat Community Rating for MRC Global (NYSE MRC)
Community Ranking:  2.9 out of 5 ( )
Outperform Votes:  173 (Vote Outperform)
Underperform Votes:  126 (Vote Underperform)
Total Votes:  299
MarketBeat's community ratings are surveys of what our community members think about MRC Global and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for MRC Global (NYSE:MRC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.78)
Consensus Price Target: $19.88 (23.83% upside)

Analysts' Ratings History for MRC Global (NYSE:MRC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/12/2017Wells Fargo & CompanyReiterated RatingMarket Perform$20.00 -> $17.00LowView Rating Details
7/7/2017Stifel NicolausReiterated RatingBuyMediumView Rating Details
6/21/2017Seaport Global SecuritiesDowngradeBuy -> Neutral$25.00 -> $17.00HighView Rating Details
5/26/2017KeyCorpReiterated RatingSector Weight -> Sector WeightLowView Rating Details
4/19/2017Raymond James Financial, Inc.UpgradeMarket Perform -> Buy$21.00MediumView Rating Details
4/11/2017Susquehanna Bancshares IncInitiated CoveragePositive$23.00LowView Rating Details
2/22/2017Evercore ISIBoost Price Target$25.00N/AView Rating Details
11/8/2016Cowen and CompanyUpgradeMarket Perform -> Outperform$16.00 -> $18.00N/AView Rating Details
8/4/2016Maxim GroupUpgradeHold -> Buy$16.00N/AView Rating Details
8/3/2016J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
8/3/2016Capital One Financial CorporationUpgradeEqual Weight -> OverweightN/AView Rating Details
2/25/2016Longbow ResearchDowngradeBuy -> NeutralN/AView Rating Details
2/12/2016William BlairReiterated RatingBuyN/AView Rating Details
11/17/2015BB&T CorporationReiterated RatingNot Applicable -> HoldN/AView Rating Details
(Data available from 7/25/2015 forward)


Earnings History for MRC Global (NYSE:MRC)
Earnings by Quarter for MRC Global (NYSE:MRC)
Earnings History by Quarter for MRC Global (NYSE MRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017($0.06)$0.01$798.38 million$862.00 millionViewListenView Earnings Details
2/16/2017Q416($0.11)($0.18)$752.88 million$719.00 millionViewListenView Earnings Details
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$0.03$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$0.46$0.33$1.54 billion$1.52 billionViewListenView Earnings Details
11/6/2014Q314$0.46$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)


Earnings Estimates for MRC Global (NYSE:MRC)
2017 EPS Consensus Estimate: ($0.03)
2018 EPS Consensus Estimate: $0.46
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.09)($0.07)($0.08)
Q2 20174($0.08)$0.01($0.04)
Q3 20174$0.01$0.06$0.05
Q4 20174($0.04)$0.14$0.04
Q1 20181$0.07$0.07$0.07
Q2 20181$0.15$0.15$0.15
Q3 20181$0.10$0.10$0.10
Q4 20181$0.14$0.14$0.14
(Data provided by Zacks Investment Research)


Dividend History for MRC Global (NYSE:MRC)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for MRC Global (NYSE:MRC)
Insider Ownership Percentage: 6.30%
Institutional Ownership Percentage: 97.73%
Insider Trades by Quarter for MRC Global (NYSE:MRC)
Institutional Ownership by Quarter for MRC Global (NYSE:MRC)
Insider Trades by Quarter for MRC Global (NYSE:MRC)
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)


Headline Trends for MRC Global (NYSE:MRC)
Latest Headlines for MRC Global (NYSE:MRC)
DateHeadline logoDXP Enterprises (DXPE) vs. MRC Global (NYSE:MRC) Head to Head Analysis - July 21 at 12:06 AM logoMRC Global Combats Industry Headwinds with Growth Drivers - July 20 at 1:29 AM logo$0.03 EPS Expected for MRC Global Inc. (NYSE:MRC) This Quarter - July 18 at 10:48 AM logoMRC Global (MRC) Extends Integrated Supply Agreement with NiSource Inc. (NI) - July 18 at 6:22 AM logoBRIEF-MRC Global renews integrated supply agreement with Nisource Inc - July 17 at 10:13 AM logoMRC Global Awarded Multiple Nordic Project and MRO Contracts - July 17 at 10:13 AM logoMRC Global Renews Integrated Supply Agreement with NiSource Inc. - July 17 at 10:13 AM logoWells Fargo & Company Reiterates Market Perform Rating for MRC Global Inc. (NYSE:MRC) - July 12 at 10:36 AM logoMRC Global Inc. (MRC) Given "Buy" Rating at Stifel Nicolaus - July 8 at 9:32 PM logoRecord-high volume of big-box distribution space to deliver in Houston this year - July 7 at 7:33 AM logoMRC Global Inc. (NYSE:MRC) Given Average Recommendation of "Buy" by Analysts - July 3 at 4:58 PM logoThe Long Case For NOW Inc. - June 27 at 11:49 PM logoSeaport Global Securities Lowers MRC Global Inc. (MRC) to Neutral - June 25 at 7:26 PM logoMRC Global Inc. (MRC) Lowered to Sell at ValuEngine - June 24 at 10:22 PM logo$899.26 Million in Sales Expected for MRC Global Inc. (MRC) This Quarter - June 23 at 12:58 PM logoQ2 2017 EPS Estimates for MRC Global Inc. (MRC) Lowered by Seaport Global Securities - June 23 at 7:52 AM logoQ3 2017 Earnings Forecast for MRC Global Inc. Issued By Seaport Global Securities (MRC) - June 22 at 8:52 AM logo Brokerages Expect MRC Global Inc. (MRC) to Post $0.02 Earnings Per Share - June 22 at 12:14 AM logoRSI Alert: MRC Global (MRC) Now Oversold - June 21 at 7:49 PM logoMRC Global Inc (MRC) Raised to "Hold" at BidaskClub - June 14 at 7:20 PM logoMRC Global Inc (MRC) Coverage Initiated by Analysts at Stifel Nicolaus - June 11 at 2:38 PM logoWhy Is MRC Global (MRC) Up 4.2% Since the Last Earnings Report? - June 9 at 8:45 AM logoMRC Global (MRC) Extends PVF Deal with Chevron Corporation - June 8 at 10:14 AM logoMRC Global (MRC): An Off-the-Radar Potential Winner - June 7 at 6:19 PM logoMRC Global Renews Global PVF Contract with Chevron - June 7 at 6:19 PM logoMRC Global Inc (MRC) Receives Consensus Recommendation of "Buy" from Analysts - June 6 at 5:06 PM logoMRC Global Announces Second Quarter 2017 Earnings Release and Conference Call Schedule - June 2 at 8:02 PM logoMRC Global Inc (MRC) Expected to Announce Quarterly Sales of $895.5 Million - May 28 at 8:02 AM logo Brokerages Anticipate MRC Global Inc (MRC) to Announce $0.02 EPS - May 26 at 8:22 PM logoMRC Global Inc (MRC) Now Covered by Analysts at KeyCorp - May 26 at 10:14 AM logoWhy MRC Global (MRC) Stock Might be a Great Pick - May 22 at 10:04 AM
News IconBRIEF-MRC Global says unit entered into 15-year leases with Liberty Property Trust unit - May 20 at 12:05 AM logoMRC Global (MRC) to Build Largest RDC Center on Gulf Coast - May 19 at 11:15 AM logoMRC Global to Open New Gulf Coast Regional Distribution Center - May 18 at 8:27 AM logoMRC Global Inc (MRC) Receives Average Rating of "Buy" from Analysts - May 12 at 4:28 PM logoETFs with exposure to MRC Global, Inc. : May 11, 2017 - May 11 at 7:08 PM logoMRC Global Inc (MRC) Expected to Post Q2 2017 Earnings of $0.03 Per Share - May 11 at 8:12 AM logoQ2 2018 EPS Estimates for MRC Global Inc Boosted by Seaport Global Securities (MRC) - May 10 at 1:50 PM logoEdited Transcript of MRC earnings conference call or presentation 5-May-17 2:00pm GMT - May 10 at 12:15 PM logoMRC Global, Inc. :MRC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017 - May 9 at 11:41 AM logoCommit To Purchase MRC Global At $15, Earn 8.2% Annualized Using Options - May 5 at 6:56 PM logoForm 4 MRC GLOBAL INC. For: May 02 Filed by: Wehrle H B III - May 5 at 9:30 AM logoMRC Global (MRC) Breaks Even in Q1 Earnings, Tops Revenues - May 5 at 9:30 AM logoMRC Global Inc. Bounces Back Big-Time - May 5 at 9:30 AM logoMRC Global Inc (MRC) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS - May 5 at 12:38 AM logoMRC tops Street 1Q forecasts - May 4 at 7:57 PM logoMRC Global Announces First Quarter 2017 Results - May 4 at 6:43 PM logoMRC Global (MRC) Receives Daily Media Impact Score of 0.46 - May 3 at 4:16 PM logoMRC Global Inc (MRC) Expected to Announce Earnings of -$0.06 Per Share - May 3 at 9:43 AM logoMRC Global (MRC) Earns Coverage Optimism Rating of 0.25 - April 30 at 6:05 PM



MRC Global (MRC) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by Staff