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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
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Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NYSE:MRC

MRC Global (MRC) Stock Forecast, Price & News

$9.41
+0.53 (+5.97%)
(As of 06/2/2023 ET)
Compare
Today's Range
$9.10
$9.56
50-Day Range
$8.55
$10.06
52-Week Range
$7.03
$13.90
Volume
622,777 shs
Average Volume
639,490 shs
Market Capitalization
$792.42 million
P/E Ratio
11.62
Dividend Yield
N/A
Price Target
$13.67

MRC Global MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
45.2% Upside
$13.67 Price Target
Short Interest
Healthy
2.18% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.00mentions of MRC Global in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$59,950 Sold Last Quarter
Proj. Earnings Growth
18.30%
From $1.53 to $1.81 Per Share

Overall MarketRank

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

2.97 out of 5 stars

Industrial Products Sector

8th out of 178 stocks

Industrial Machinery & Equipment Industry

1st out of 5 stocks


MRC stock logo

About MRC Global (NYSE:MRC) Stock

MRC 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.

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MRC Stock News Headlines

MRC Global (NYSE: MRC)
StockNews.com Initiates Coverage on MRC Global (NYSE:MRC)
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
8-K: MRC GLOBAL INC.
MRC Global (NYSE:MRC) Posts Earnings Results
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
MRC Global Announces First Quarter 2023 Results
API Pipe Market Research Analysis 2023-2030
See More Headlines

MRC Price History

MRC Company Calendar

Last Earnings
5/08/2023
Today
6/03/2023
Next Earnings (Estimated)
8/14/2023
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
$13.67
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+45.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$75 million
Pretax Margin
3.82%

Debt

Sales & Book Value

Annual Sales
$3.36 billion
Cash Flow
$2.13 per share
Book Value
$4.89 per share

Miscellaneous

Free Float
65,601,000
Market Cap
$792.42 million
Optionable
Optionable
Beta
2.18

Key Executives

  • Robert J. Saltiel
    President, Chief Executive Officer & Director
  • Kelly Youngblood
    Chief Financial Officer & Executive Vice President
  • Shweta Kurvey-Mishra
    Chief Human Resources Officer & SVP
  • Gillian Anderson
    Chief Accounting Officer & Vice President
  • Tod Moss
    SVP-US Western & Canada Regional 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 year. 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 analysts have issued 12 month price targets for MRC Global's shares. Their MRC share price forecasts range from $12.00 to $15.00. On average, they expect the company's share price to reach $13.67 in the next year. This suggests a possible upside of 45.2% 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 the year. Since then, MRC stock has decreased by 18.7% and is now trading at $9.41.
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 Monday, August 14th 2023.
View our MRC earnings forecast
.

How were MRC Global's earnings last quarter?

MRC Global Inc. (NYSE:MRC) announced its quarterly earnings results on Monday, May, 8th. The oil and gas company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.02. The oil and gas company earned $885 million during the quarter, compared to analyst estimates of $860.17 million. MRC Global had a net margin of 2.65% and a trailing twelve-month return on equity of 36.34%. The company's quarterly revenue was up 19.3% compared to the same quarter last year. During the same quarter in the prior year, the company 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 iShares US Small Cap Value Factor ETF (SVAL), Invesco DWA SmallCap Momentum ETF (DWAS), Global X U.S. Infrastructure Development ETF (PAVE),

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

MRC Global updated its first quarter 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $885.00 million-$885.00 million, compared to the consensus revenue estimate of $848.67 million.

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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.87%), Pzena Investment Management LLC (6.94%), Frontier Capital Management Co. LLC (6.30%), Dimensional Fund Advisors LP (3.66%), Wellington Management Group LLP (2.72%) and Harvey Partners LLC (2.31%). 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 $9.41.

How much money does MRC Global make?

MRC Global (NYSE:MRC) has a market capitalization of $792.42 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 $0.81 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 6/3/2023 by MarketBeat.com Staff

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