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NYSE:MRC

MRC Global (MRC) Stock Price, News & Analysis

MRC Global logo
$13.76 +0.45 (+3.38%)
(As of 11/20/2024 ET)

About MRC Global Stock (NYSE:MRC)

Key Stats

Today's Range
$13.37
$13.76
50-Day Range
$11.69
$14.44
52-Week Range
$9.77
$14.91
Volume
590,573 shs
Average Volume
646,798 shs
Market Capitalization
$1.17 billion
P/E Ratio
15.82
Dividend Yield
N/A
Price Target
$16.33
Consensus Rating
Buy

Company Overview

MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and other infrastructure products and services in the United States, Canada, and internationally. It offers ball, butterfly, gate, globe, check, diaphragm, needle, and plug valves; other products, such as lined corrosion resistant piping systems, control valves, valve automation, and top work components; and valve modification services, including valve control extensions, welding, hydrotesting, painting, coating, x-raying, and actuation assembly. 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 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.

MRC Global Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
74th Percentile Overall Score

MRC MarketRank™: 

MRC Global scored higher than 74% of companies evaluated by MarketBeat, and ranked 61st out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MRC Global has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    MRC Global has only been the subject of 2 research reports in the past 90 days.

  • Read more about MRC Global's stock forecast and price target.
  • Earnings Growth

    Earnings for MRC Global are expected to grow by 13.48% in the coming year, from $0.89 to $1.01 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MRC Global is 15.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MRC Global is 15.82, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.06.

  • Price to Book Value per Share Ratio

    MRC Global has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about MRC Global's valuation and earnings.
  • Percentage of Shares Shorted

    1.28% of the outstanding shares of MRC Global have been sold short.
  • Short Interest Ratio / Days to Cover

    MRC Global has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MRC Global has recently decreased by 19.85%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    MRC Global does not currently pay a dividend.

  • Dividend Growth

    MRC Global does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.28% of the outstanding shares of MRC Global have been sold short.
  • Short Interest Ratio / Days to Cover

    MRC Global has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MRC Global has recently decreased by 19.85%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    MRC Global has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for MRC Global this week, compared to 4 articles on an average week.
  • Search Interest

    Only 2 people have searched for MRC on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added MRC Global to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MRC Global insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    20.90% of the stock of MRC Global is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    94.97% of the stock of MRC Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about MRC Global's insider trading history.
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MRC Stock News Headlines

MRC Global Highlights Growth and Investment Potential
JD Vance Predicts: Wall Street vs. Trump & Your Money
Trump's back in the White House, but Wall Street is pissed. Here's the deal: Wall Street's about to purposely crash the bond market to sabotage Trump's comeback.
MRC Global (NYSE:MRC) Downgraded to Buy Rating by StockNews.com
MRC Global (NYSE:MRC) Given New $17.00 Price Target at Susquehanna
See More Headlines

MRC Stock Analysis - Frequently Asked Questions

MRC Global's stock was trading at $11.01 on January 1st, 2024. Since then, MRC stock has increased by 25.0% and is now trading at $13.76.
View the best growth stocks for 2024 here
.

MRC Global Inc. (NYSE:MRC) announced its quarterly earnings data on Tuesday, November, 5th. The oil and gas company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.19 by $0.03. MRC Global's revenue was down 10.2% compared to the same quarter last year.

Top institutional shareholders of MRC Global include Pzena Investment Management LLC (6.77%), Wellington Management Group LLP (3.76%), Geode Capital Management LLC (2.30%) and State Street Corp (2.26%). Insiders that own company stock include Grant R Bates, Leonard M Anthony, John P Mccarthy, Malcolm O'neal and Gillian Anderson.
View institutional ownership trends
.

Shares of MRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that MRC Global investors own include American Water Works (AWK), Waste Connections (WCN), Humana (HUM), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Last Earnings
11/05/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/11/2025

Industry, Sector and Symbol

Industry
Industrial machinery & equipment
Sub-Industry
Trading Companies & Distributors
CUSIP
55345K10
Employees
2,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.33
High Stock Price Target
$17.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+18.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$114 million
Pretax Margin
3.87%

Debt

Sales & Book Value

Annual Sales
$3.41 billion
Cash Flow
$1.97 per share
Book Value
$5.79 per share

Miscellaneous

Free Float
67,427,000
Market Cap
$1.17 billion
Optionable
Optionable
Beta
1.97

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This page (NYSE:MRC) was last updated on 11/21/2024 by MarketBeat.com Staff
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