S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
3rd Massive Dollar Upheaval Has Started (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
The Financial Day of Reckoning Has Begun (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Sell every Stock except ONE (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
3rd Massive Dollar Upheaval Has Started (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
The Financial Day of Reckoning Has Begun (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Sell every Stock except ONE (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
3rd Massive Dollar Upheaval Has Started (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
The Financial Day of Reckoning Has Begun (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Sell every Stock except ONE (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
3rd Massive Dollar Upheaval Has Started (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
The Financial Day of Reckoning Has Begun (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Sell every Stock except ONE (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
NYSE:MRC

MRC Global - MRC Stock Forecast, Price & News

$9.97
+0.36 (+3.75%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$9.65
$10.05
50-Day Range
$8.94
$11.62
52-Week Range
$6.38
$13.44
Volume
526,520 shs
Average Volume
746,203 shs
Market Capitalization
$832.33 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.50

MRC Global MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
35.4% Upside
$13.50 Price Target
Short Interest
Healthy
3.23% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.11mentions of MRC Global in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
40.45%
From $0.89 to $1.25 Per Share

Overall MarketRank

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

2.60 out of 5 stars

Industrial Products Sector

38th out of 186 stocks

Industrial Machinery & Equipment Industry

2nd out of 5 stocks

MRC stock logo

About MRC Global (NYSE:MRC) Stock

MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services to the energy, industrial, and gas utility end-markets in the United States, Canada, and internationally. 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, and top work components, as well as valve modification services; and measurement, steam, and instrumentation products. The company also provides carbon steel fittings and flanges comprising carbon weld fittings, flanges, and piping components; stainless steel, alloy and corrosion resistant pipes, tubing, fittings, and flanges; and carbon line pipes. In addition, it offers natural gas distribution products, including risers, meters, polyethylene pipes and fittings, and various other components and industrial supplies; oilfield and industrial supplies and completion equipment, such as 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, and valve inspection and repair services; and various other services under the ValidTorque and FastTrack names. 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.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Benchmark assumed coverage on MRC Global in a research report on Thursday, July 7th. They set a "buy" rating and a $14.00 price objective for the company. StockNews.com cut shares of MRC Global from a "buy" rating to a "hold" rating in a report on Tuesday, August 9th. Finally, Stifel Nicolaus increased their price objective on shares of MRC Global from $14.00 to $16.00 in a research report on Friday, July 8th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, MRC Global currently has an average rating of "Moderate Buy" and a consensus target price of $13.50.

MRC Global Stock Up 3.7 %

Shares of NYSE:MRC traded up $0.36 during midday trading on Thursday, hitting $9.97. 526,520 shares of the company's stock were exchanged, compared to its average volume of 746,203. The firm's fifty day simple moving average is $10.27 and its 200-day simple moving average is $10.65. The company has a market cap of $832.33 million, a PE ratio of -83.08 and a beta of 1.99. MRC Global has a twelve month low of $6.38 and a twelve month high of $13.44. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.01 and a quick ratio of 0.99.

MRC Global (NYSE:MRC - Get Rating) last released its quarterly earnings data on Monday, August 8th. The oil and gas company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.05. MRC Global had a net margin of 0.51% and a return on equity of 21.49%. The company had revenue of $848.00 million for the quarter, compared to analysts' expectations of $823.48 million. During the same quarter last year, the company earned $0.08 earnings per share. The firm's revenue for the quarter was up 23.6% on a year-over-year basis. Research analysts predict that MRC Global will post 0.89 EPS for the current fiscal year.

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MRC Stock News Headlines

MRC Global (NYSE:MRC) Rating Lowered to Hold at StockNews.com
MRC Global Announces Second Quarter 2022 Results
MRC Global (MRC) Misses Q2 Earnings Estimates
MRC Global Announces Second Quarter 2022 Results
See More Headlines
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MRC Company Calendar

Last Earnings
8/08/2022
Today
8/19/2022
Next Earnings (Estimated)
11/14/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Industrial machinery & equipment
Sub-Industry
Trading Companies & Distributors
CUSIP
55345K10
Employees
2,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$13.50
High Stock Price Forecast
$16.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+35.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-14,000,000.00
Pretax Margin
0.91%

Debt

Sales & Book Value

Annual Sales
$2.67 billion
Cash Flow
$0.86 per share
Book Value
$4.16 per share

Miscellaneous

Free Float
65,033,000
Market Cap
$832.33 million
Optionable
Optionable
Beta
1.99

Key Executives

  • Mr. Robert James Saltiel Jr. (Age 59)
    Pres, CEO & Director
    Comp: $1.25M
  • Mr. Kelly Youngblood (Age 56)
    Exec. VP & CFO
    Comp: $710.58k
  • Mr. Daniel J. Churay J.D. (Age 60)
    Exec. VP of Corp. Affairs, Gen. Counsel & Corp. Sec.
    Comp: $570.45k
  • Mr. Grant R. Bates (Age 50)
    Sr. VP of North America Operations & E-Commerce
    Comp: $626.87k
  • Ms. Gillian Anderson (Age 36)
    VP & Chief Accounting Officer
  • Ms. Monica Schafer Broughton
    VP of Investor Relations
  • Mr. Rance Long (Age 53)
    Sr. VP of Sales & Marketing
  • Mr. Malcolm O'Neal (Age 48)
    Sr. VP of HR
  • Mr. Jack McCarthy (Age 56)
    Sr. VP of Supply Chain
  • Mr. Steve Smith (Age 54)
    Sr. VP of International 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 twelve months. 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 2022?

3 Wall Street analysts have issued 12-month price targets for MRC Global's shares. Their MRC share price forecasts range from $12.00 to $16.00. On average, they predict the company's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 35.4% 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 2022?

MRC Global's stock was trading at $6.88 at the beginning of 2022. Since then, MRC stock has increased by 44.9% and is now trading at $9.97.
View the best growth stocks for 2022 here
.

When is MRC Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our MRC earnings forecast
.

How were MRC Global's earnings last quarter?

MRC Global Inc. (NYSE:MRC) released its quarterly earnings results on Monday, August, 8th. The oil and gas company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.05. The oil and gas company earned $848 million during the quarter, compared to analyst estimates of $823.48 million. MRC Global had a net margin of 0.51% and a trailing twelve-month return on equity of 21.49%. MRC Global's revenue for the quarter was up 23.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.08 earnings per share.

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

MRC Global updated its FY 2022 earnings guidance on Thursday, July, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.30 billion-$3.30 billion, compared to the consensus revenue estimate of $3.14 billion.

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 institutional and retail investors. Top institutional shareholders include FMR LLC (6.85%), Pzena Investment Management LLC (6.58%), Frontier Capital Management Co. LLC (4.50%), State Street Corp (1.90%), JPMorgan Chase & Co. (1.48%) and Goldman Sachs Group Inc. (1.25%). Insiders that own company stock include Andrew R Lane, Elton Ray Bond, H B Wehrle III, John Anthony Perkins, Karl Witt, Lewis Craig Ketchum and Rhys J Best.
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 $9.97.

How much money does MRC Global make?

MRC Global (NYSE:MRC) has a market capitalization of $832.33 million and generates $2.67 billion in revenue each year. The oil and gas company earns $-14,000,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis.

How many employees does MRC Global have?

The company employs 2,600 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 8/19/2022 by MarketBeat.com Staff

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