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NYSE:MRC

MRC Global Stock Forecast, Price & News

$5.58
-0.39 (-6.53 %)
(As of 09/21/2020 12:00 AM ET)
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Today's Range
$5.53
Now: $5.58
$5.92
50-Day Range
$5.23
MA: $5.93
$6.56
52-Week Range
$3.31
Now: $5.58
$15.47
Volume1.05 million shs
Average Volume1.00 million shs
Market Capitalization$457.94 million
P/E RatioN/A
Dividend YieldN/A
Beta2.34
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. The company also provides carbon steel fittings and flanges, including carbon weld fittings, flanges, and piping components; stainless, alloy, and corrosion resistant pipes, tubing, fittings, and flanges; and carbon line pipes. In addition, it offers natural gas distribution products comprising risers, meters, polyethylene pipes and fittings, and various other components and industrial supplies; oilfield and industrial supplies and completion equipment consisting of 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. 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.51 out of 5 stars


Industry, Sector and Symbol

Industry Industrial machinery & equipment
Sub-IndustryTrading Companies & Distributors
CUSIP55345K10
Phone877-294-7574

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.66 billion
Cash Flow$1.65 per share
Book Value$7.81 per share

Profitability

Net Income$39 million

Miscellaneous

Employees3,200
Market Cap$457.94 million
Next Earnings Date10/28/2020 (Confirmed)
OptionableOptionable
$5.58
-0.39 (-6.53 %)
(As of 09/21/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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MRC Global (NYSE:MRC) Frequently Asked Questions

How has MRC Global's stock been impacted by COVID-19?

MRC Global's stock was trading at $5.05 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MRC stock has increased by 10.5% and is now trading at $5.58.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of MRC Global?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MRC Global in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for MRC Global
.

When is MRC Global's next earnings date?

MRC Global is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for MRC Global
.

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

MRC Global will be holding an earnings conference call on Wednesday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were MRC Global's earnings last quarter?

MRC Global Inc (NYSE:MRC) released its quarterly earnings results on Tuesday, July, 28th. The oil and gas company reported ($0.10) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.22) by $0.12. The oil and gas company had revenue of $602 million for the quarter, compared to the consensus estimate of $587.81 million. MRC Global had a negative net margin of 8.86% and a positive return on equity of 5.28%. The company's revenue for the quarter was down 38.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.20 EPS.
View MRC Global's earnings history
.

What price target have analysts set for MRC?

9 analysts have issued 12 month price objectives for MRC Global's shares. Their forecasts range from $6.50 to $17.00. On average, they anticipate MRC Global's stock price to reach $10.75 in the next twelve months. This suggests a possible upside of 92.7% from the stock's current price.
View analysts' price targets for MRC Global
.

Are investors shorting MRC Global?

MRC Global saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,570,000 shares, an increase of 18.6% from the August 15th total of 3,010,000 shares. Based on an average daily volume of 683,300 shares, the days-to-cover ratio is currently 5.2 days. Approximately 4.6% of the company's shares are short sold.
View MRC Global's Short Interest
.

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 Wells Fargo & Company (WFC), CVS Health (CVS), MGM Resorts International (MGM), Alibaba Group (BABA), Walt Disney (DIS), Intel (INTC), NVIDIA (NVDA), Carnival (CCL), Micron Technology (MU) and Occidental Petroleum (OXY).

Who are MRC Global's key executives?

MRC Global's management team includes the following 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)

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 investors include FMR LLC (11.06%), Vanguard Group Inc. (8.55%), Frontier Capital Management Co. LLC (2.24%), Goldman Sachs Group Inc. (1.86%), Jacobs Levy Equity Management Inc. (1.64%) and Charles Schwab Investment Management Inc. (1.58%). Company insiders that own MRC Global stock include Andrew R Lane, Daniel J Churay, Elton Ray Bond, Grant R Bates, H B Wehrle III, John Anthony Perkins, John L Bowhay, Karl Witt, Lewis Craig Ketchum and Rhys J Best.
View institutional ownership trends for MRC Global
.

Which major investors are selling MRC Global stock?

MRC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., PDT Partners LLC, Barclays PLC, Frontier Capital Management Co. LLC, Bank of Montreal Can, CWM Advisors LLC, and Bank of New York Mellon Corp. Company insiders that have sold MRC Global company stock in the last year include Andrew R Lane, and Lewis Craig Ketchum.
View insider buying and selling activity for MRC Global
.

Which major investors are buying MRC Global stock?

MRC stock was bought by a variety of institutional investors in the last quarter, including Jacobs Levy Equity Management Inc., Assenagon Asset Management S.A., Goldman Sachs Group Inc., Verition Fund Management LLC, Nuveen Asset Management LLC, WINTON GROUP Ltd, First Trust Advisors LP, and Wedge Capital Management L L P NC. Company insiders that have bought MRC Global stock in the last two years include Elton Ray Bond, H B Wehrle III, John Anthony Perkins, Karl Witt, and Rhys J Best.
View insider buying and selling activity 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 $5.58.

How big of a company is MRC Global?

MRC Global has a market capitalization of $457.94 million and generates $3.66 billion in revenue each year. The oil and gas company earns $39 million in net income (profit) each year or $0.49 on an earnings per share basis. MRC Global employs 3,200 workers across the globe.

What is MRC Global's official website?

The official website for MRC Global is 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]

This page was last updated on 9/22/2020 by MarketBeat.com Staff

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