MRC Global Stock Price, News & Analysis (NYSE:MRC)

$12.93
-0.27 (-2.05 %)
(As of 09/22/2019 03:01 PM ET)
Today's Range
$12.85
Now: $12.93
$13.46
50-Day Range
$11.8550
MA: $13.14
$15.11
52-Week Range
$11.19
Now: $12.93
$19.63
Volume1.68 million shs
Average Volume1.00 million shs
Market Capitalization$1.08 billion
P/E Ratio22.68
Dividend YieldN/A
Beta2.09
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. Read More…

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$4.17 billion
Cash Flow$1.5807 per share
Book Value$7.66 per share

Profitability

Net Income$74 million

Miscellaneous

Employees3,600
Market Cap$1.08 billion
Next Earnings Date10/31/2019 (Confirmed)
OptionableOptionable

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MRC Global (NYSE:MRC) Frequently Asked Questions

What is MRC Global's stock symbol?

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

How will MRC Global's stock buyback program work?

MRC Global declared that its board has approved a stock repurchase program on Saturday, November 4th 2017, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's management believes its shares are undervalued.

How were MRC Global's earnings last quarter?

MRC Global Inc (NYSE:MRC) announced its quarterly earnings data on Thursday, August, 1st. The oil and gas company reported $0.21 EPS for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.01. The oil and gas company earned $984 million during the quarter, compared to analyst estimates of $1.04 billion. MRC Global had a net margin of 1.88% and a return on equity of 11.23%. The business's revenue for the quarter was down 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.31 EPS. View MRC Global's Earnings History.

When is MRC Global's next earnings date?

MRC Global is scheduled to release their next quarterly earnings announcement on Thursday, October 31st 2019. View Earnings Estimates for MRC Global.

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

MRC Global will be holding an earnings conference call on Thursday, October 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

MRC Global issued an update on its FY19 earnings guidance on Thursday, August, 1st. The company provided EPS guidance of $0.75-0.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.86. The company issued revenue guidance of $3.85-4.05 billion, compared to the consensus revenue estimate of $4.13 billion.

What price target have analysts set for MRC?

8 analysts have issued 12 month target prices for MRC Global's shares. Their forecasts range from $11.00 to $22.00. On average, they anticipate MRC Global's share price to reach $17.3750 in the next year. This suggests a possible upside of 34.4% from the stock's current price. View Analyst Price Targets for MRC Global.

What is the consensus analysts' recommendation for MRC Global?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MRC Global in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MRC Global.

Has MRC Global been receiving favorable news coverage?

Headlines about MRC stock have been trending somewhat negative on Sunday, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. MRC Global earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for MRC Global.

Are investors shorting MRC Global?

MRC Global saw a increase in short interest in August. As of August 31st, there was short interest totalling 4,992,100 shares, an increase of 35.8% from the July 31st total of 3,674,800 shares. Based on an average daily trading volume, of 790,500 shares, the days-to-cover ratio is currently 6.3 days. Currently, 6.4% of the company's shares are sold short. 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 MGM Resorts International (MGM), UnitedHealth Group (UNH), NVIDIA (NVDA), SLM (SLM), Boeing (BA), CVS Health (CVS), Nucor (NUE), Intel (INTC), Micron Technology (MU) and Netflix (NFLX).

Who are MRC Global's key executives?

MRC Global's management team includes the folowing 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)

Who are MRC Global's major shareholders?

MRC Global's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.75%), BlackRock Inc. (6.65%), Tweedy Browne Co LLC (5.44%), Luminus Management LLC (3.00%), Brown Advisory Inc. (2.69%) and JPMorgan Chase & Co. (2.52%). Company insiders that own MRC Global stock include Andrew R Lane, Barbara J Duganier, Daniel J Churay, Elton Ray Bond, Grant R Bates, John L Bowhay and Robert Wayne Stein. View Institutional Ownership Trends for MRC Global.

Which institutional investors are selling MRC Global stock?

MRC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, D. E. Shaw & Co. Inc., Mackenzie Financial Corp, BlackRock Inc., Vanguard Group Inc., First Trust Advisors LP, Tweedy Browne Co LLC and Bank of America Corp DE. Company insiders that have sold MRC Global company stock in the last year include Daniel J Churay, Grant R Bates and John L Bowhay. View Insider Buying and Selling for MRC Global.

Which institutional investors are buying MRC Global stock?

MRC stock was bought by a variety of institutional investors in the last quarter, including Luminus Management LLC, Nuveen Asset Management LLC, Balyasny Asset Management LLC, Canada Pension Plan Investment Board, Point72 Asset Management L.P., JPMorgan Chase & Co., Bank of New York Mellon Corp and Jacobs Levy Equity Management Inc.. View Insider Buying and Selling for MRC Global.

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 $12.93.

How big of a company is MRC Global?

MRC Global has a market capitalization of $1.08 billion and generates $4.17 billion in revenue each year. The oil and gas company earns $74 million in net income (profit) each year or $0.57 on an earnings per share basis. MRC Global employs 3,600 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]


MarketBeat Community Rating for MRC Global (NYSE MRC)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  324 (Vote Outperform)
Underperform Votes:  283 (Vote Underperform)
Total Votes:  607
MarketBeat's community ratings are surveys of what our community members think about MRC Global and other stocks. Vote "Outperform" if you believe MRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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