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NYSE:MRCMRC Global Stock Price, Forecast & News

$5.32
+0.16 (+3.10 %)
(As of 07/14/2020 04:00 PM ET)
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Today's Range
$5.01
Now: $5.32
$5.34
50-Day Range
$5.05
MA: $6.00
$8.11
52-Week Range
$3.31
Now: $5.32
$16.89
Volume562,500 shs
Average Volume1.10 million shs
Market Capitalization$436.21 million
P/E Ratio88.68
Dividend YieldN/A
Beta2.35
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: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.63 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$1.56 per share
Book Value$7.81 per share

Profitability

Net Income$39 million

Miscellaneous

Employees3,200
Market Cap$436.21 million
Next Earnings Date7/28/2020 (Confirmed)
OptionableOptionable

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MRC Global (NYSE:MRC) Frequently Asked Questions

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

MRC Global's stock was trading at $5.05 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MRC stock has increased by 5.3% and is now trading at $5.32. View which stocks have been most impacted by Coronavirus.

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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MRC Global in the last year. There are currently 3 hold ratings and 5 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 Tuesday, July 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 Tuesday, July 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) posted its earnings results on Tuesday, April, 28th. The oil and gas company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of ($0.07) by $0.11. The oil and gas company had revenue of $794 million for the quarter, compared to the consensus estimate of $762.31 million. MRC Global had a return on equity of 8.61% and a net margin of 0.86%. The company's revenue was down 18.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 earnings per share. View MRC Global's earnings history.

What price target have analysts set for MRC?

8 brokers have issued twelve-month target prices for MRC Global's stock. Their forecasts range from $6.50 to $17.00. On average, they expect MRC Global's share price to reach $10.63 in the next twelve months. This suggests a possible upside of 99.7% from the stock's current price. View analysts' price targets for MRC Global.

Has MRC Global been receiving favorable news coverage?

Headlines about MRC stock have been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MRC Global earned a coverage optimism score of -1.1 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about MRC Global.

Are investors shorting MRC Global?

MRC Global saw a increase in short interest in June. As of June 30th, there was short interest totaling 6,270,000 shares, an increase of 57.1% from the June 15th total of 3,990,000 shares. Based on an average daily trading volume, of 1,100,000 shares, the short-interest ratio is presently 5.7 days. Currently, 8.1% of the company's shares are short sold. 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 CVS Health (CVS), MGM Resorts International (MGM), NVIDIA (NVDA), Wells Fargo & Co (WFC), Walt Disney (DIS), Alibaba Group (BABA), UnitedHealth Group (UNH), Carnival (CCL), Cisco Systems (CSCO) and Home Depot (HD).

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 number of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.16%). 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 institutional investors are buying MRC Global stock?

MRC stock was purchased by a variety of institutional investors in the last quarter, including 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 $5.32.

How big of a company is MRC Global?

MRC Global has a market capitalization of $436.21 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 7/15/2020 by MarketBeat.com Staff

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