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: $1.61 billion
  • Outstanding Shares: 94,492,000
Average Prices:
  • 50 Day Moving Avg: $16.18
  • 200 Day Moving Avg: $17.48
  • 52 Week Range: $13.68 - $22.52
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 25.85
  • P/E Growth: 8.28
Sales & Book Value:
  • Annual Revenue: $3.3 billion
  • Price / Sales: 0.49
  • Book Value: $8.10 per share
  • Price / Book: 2.11
  • EBIDTA: $69 million
  • Net Margins: -1.40%
  • Return on Equity: 0.39%
  • Return on Assets: 0.13%
  • Debt-to-Equity Ratio: 0.53%
  • Current Ratio: 2.35%
  • Quick Ratio: 1.19%
  • Average Volume: 889,331 shs.
  • Beta: 1.62
  • 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) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.03 by $0.01. The business had revenue of $922 million for the quarter, compared to the consensus estimate of $916.82 million. MRC Global had a negative net margin of 1.40% and a positive return on equity of 0.39%. The firm's revenue was up 23.6% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.15) earnings per share. View MRC Global's Earnings History.

When will MRC Global make its next earnings announcement?

MRC Global is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for MRC Global.

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

8 brokerages have issued 12-month target prices for MRC Global's shares. Their predictions range from $17.00 to $25.00. On average, they expect MRC Global's stock price to reach $21.11 in the next year. 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 variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.56%), BlackRock Inc. (8.21%), FMR LLC (6.64%), INTEGRATED CORE STRATEGIES (US) LLC (5.10%), Tweedy Browne Co. LLC (4.73%) and Dimensional Fund Advisors LP (4.51%). Company insiders that own MRC Global stock include Daniel J Churay, Gerard Pieter Krans, H B Wehrle III and Karl Witt. 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 Lord Abbett & CO. LLC, Dimensional Fund Advisors LP, Federated Investors Inc. PA, Acadian Asset Management LLC, Principal Financial Group Inc., Monarch Partners Asset Management LLC, Cornerstone Capital Management Holdings LLC. and Russell Investments Group Ltd.. Company insiders that have sold MRC Global stock in the last year include Daniel J Churay 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 bought by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Artisan Partners Limited Partnership, Thompson Siegel & Walmsley LLC, BlackRock Inc., Ardevora Asset Management LLP, Thrivent Financial For Lutherans, Koch Industries Inc. and UBS Oconnor LLC. 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 $17.06.

MarketBeat Community Rating for MRC Global (NYSE MRC)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  195 (Vote Outperform)
Underperform Votes:  149 (Vote Underperform)
Total Votes:  344
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: 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $21.11 (23.75% upside)

Analysts' Ratings History for MRC Global (NYSE:MRC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/12/2017J P Morgan Chase & CoLower Price TargetOverweight$25.00 -> $23.00LowView Rating Details
9/10/2017Robert W. BairdReiterated RatingHold$21.00HighView Rating Details
9/3/2017Stifel NicolausReiterated RatingBuy$19.00MediumView Rating Details
8/7/2017Cowen and CompanyBoost Price TargetOutperform -> Outperform$20.00 -> $24.00MediumView Rating Details
7/12/2017Wells Fargo & CompanyReiterated RatingMarket Perform$20.00 -> $17.00LowView 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
8/4/2016Maxim GroupUpgradeHold -> Buy$16.00N/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 9/22/2015 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
11/2/2017$0.09N/AView Earnings Details
8/3/2017Q2 2017$0.03$0.02$916.82 million$922.00 millionViewListenView Earnings Details
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: ($0.06)
2018 EPS Consensus Estimate: $0.49
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$0.10$0.06
Q4 20174($0.04)$0.03$0.00
Q1 20182$0.08$0.12$0.10
Q2 20182$0.14$0.15$0.15
Q3 20182$0.16$0.18$0.17
Q4 20182$0.05$0.09$0.07
(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: 97.21%
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 logoMRC Global Inc. (MRC) Receives Consensus Recommendation of "Hold" from Brokerages - September 16 at 4:36 PM logoBRIEF-MRC global announces preliminary commitments on senior secured term loan - September 16 at 6:37 AM logoMRC Global Announces Preliminary Commitments on Senior Secured Term Loan - September 16 at 6:37 AM logo$976.85 Million in Sales Expected for MRC Global Inc. (MRC) This Quarter - September 15 at 9:48 AM logoZacks: Analysts Expect MRC Global Inc. (MRC) Will Announce Earnings of $0.09 Per Share - September 13 at 4:24 AM logoMRC Global Inc. (MRC) PT Lowered to $23.00 - September 12 at 12:34 PM logoMRC Global's (MRC) "Hold" Rating Reiterated at Robert W. Baird - September 10 at 11:30 AM logoForm 4 MRC GLOBAL INC. For: Sep 03 Filed by: Bowhay John L. - September 7 at 6:26 AM
News IconBRIEF-MRC Global Inc plans to refinance senior secured term loans - September 7 at 6:26 AM logoMRC Global Announces Third Quarter 2017 Earnings Release and Conference Call ... - September 7 at 6:26 AM logoMRC Global Announces Third Quarter 2017 Earnings Release and Conference Call Schedule - September 7 at 6:26 AM logoMRC Global Renews Enterprise Framework Agreement with Shell - September 7 at 6:25 AM logoMRC Global Inc. Announces Intention to Refinance the Company's Senior Secured Term Loans - September 5 at 9:42 PM logoMRC Global (MRC) Down 4.3% Since Earnings Report: Can It Rebound? - September 4 at 5:55 AM logoMRC Global Inc. (MRC) Given Buy Rating at Stifel Nicolaus - September 3 at 7:58 AM logoETFs with exposure to MRC Global, Inc. : September 2, 2017 - September 2 at 6:22 AM logoMRC Global, Inc. :MRC-US: Earnings Analysis: Q2, 2017 By the Numbers : August 29, 2017 - August 30 at 6:47 AM logoMRC Global Inc. (MRC) to Post Q3 2017 Earnings of $0.07 Per Share, Capital One Financial Corporation Forecasts - August 24 at 6:26 AM logoBRIEF-ExxonMobil selects MRC Global as primary valve provider - August 23 at 2:27 AM logoMRC Global Inc. (MRC) Given Consensus Recommendation of "Hold" by Brokerages - August 22 at 7:16 PM logoExxonMobil Selects MRC Global as Primary Valve Provider - August 22 at 4:21 PM logoSee what the IHS Markit Score report has to say about MRC Global Inc. - August 15 at 2:11 AM logoDXP Enterprises (DXPE) versus MRC Global (MRC) Financial Review - August 14 at 8:42 AM logoContrasting MRC Global (MRC) & Lawson Products (LAWS) - August 13 at 2:24 PM logoMRC Global (NYSE:MRC) versus DXP Enterprises (DXPE) Head-To-Head Contrast - August 11 at 10:52 PM logoMRC Global Inc - August 10 at 3:24 PM logoIHS Markit Score downgrades MRC Global Inc to 28 out of 100, ranking positively in two out of three available IHS Markit categories. - August 10 at 3:24 PM logoFinancial Analysis: NOW (DNOW) and MRC Global (MRC) - August 9 at 7:46 AM logoResearch Analysts Issue Forecasts for MRC Global Inc.'s Q3 2017 Earnings (NYSE:MRC) - August 9 at 7:46 AM logo$979.42 Million in Sales Expected for MRC Global Inc. (NYSE:MRC) This Quarter - August 9 at 7:44 AM logoBrokers Set Expectations for MRC Global Inc.'s Q1 2018 Earnings (NYSE:MRC) - August 8 at 10:51 AM logoMRC Global Inc. (NYSE:MRC) Expected to Post Earnings of $0.10 Per Share - August 7 at 9:12 AM logoMRC GLOBAL INC. - August 5 at 7:40 PM logoHead-To-Head Contrast: NOW (DNOW) versus MRC Global (MRC) - August 5 at 7:14 AM logoInvestor Network: MRC Global Inc. to Host Earnings Call - August 5 at 4:15 AM logoEdited Transcript of MRC earnings conference call or presentation 4-Aug-17 2:00pm GMT - August 5 at 4:14 AM logoComparing NOW (DNOW) & MRC Global (MRC) - August 4 at 4:36 PM logoMRC Global Inc. Sales Continue Rising, but It Breaks Even Once Again - August 4 at 10:51 AM logoMRC Global Announces Second Quarter 2017 Results - August 4 at 5:24 AM logoMRC misses 2Q profit forecasts - August 4 at 5:24 AM logoMRC Global (NYSE:MRC) vs. DXP Enterprises (DXPE) Head to Head Contrast - August 3 at 8:08 AM logoBRIEF-Israel Englander reports 5.1 pct passive stake in MRC Global - July 31 at 9:06 PM logoMRC Global Inc. (MRC) Downgraded by BidaskClub to "Strong Sell" - July 29 at 2:18 PM logoMRC Global Inc. (MRC) Given Average Recommendation of "Hold" by Analysts - July 28 at 6:49 PM logoMRC Global Inc. (MRC) Set to Announce Earnings on Thursday - July 27 at 1:27 PM 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



MRC Global (MRC) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by Staff