MRC Global Inc. (MRC)

NYSE: MRC · IEX Real-Time Price · USD
7.69
+0.50 (6.95%)
Oct 3, 2022 4:00 PM EDT - Market closed
6.95%
Market Cap 642.90M
Revenue (ttm) 2.96B
Net Income (ttm) -9.00M
Shares Out 83.60M
EPS (ttm) -0.23
PE Ratio n/a
Forward PE 10.63
Dividend n/a
Ex-Dividend Date n/a
Volume 668,574
Open 7.44
Previous Close 7.19
Day's Range 7.38 - 7.74
52-Week Range 6.38 - 13.45
Beta 2.01
Analysts Buy
Price Target 15.81 (+105.6%)
Earnings Date Nov 8, 2022

About MRC

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... [Read more...]

Industry Trading Companies & Distributors
IPO Date Apr 12, 2012
CEO Andrew Lane
Employees 2,600
Stock Exchange NYSE
Ticker Symbol MRC
Full Company Profile

Financial Performance

In 2021, MRC Global's revenue was $2.67 billion, an increase of 4.14% compared to the previous year's $2.56 billion. Losses were -$14.00 million, -94.89% less than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for MRC stock is "Buy." The 12-month stock price forecast is 15.81, which is an increase of 105.59% from the latest price.

Price Target
$15.81
(105.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Anne McEntee Joins MRC Global's Board of Directors

HOUSTON, Sept. 28, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that Anne McEntee has joined MRC Global's board of directors.

5 days ago - GlobeNewsWire

MRC Global Announces Third Quarter 2022 Earnings Release and Conference Call Schedule

HOUSTON, Sept. 16, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its third quarter 2022 results on November 8, 2022, after the market closes. In conjunction with the release, the com...

2 weeks ago - GlobeNewsWire

MRC (MRC) Down 2.8% Since Last Earnings Report: Can It Rebound?

MRC (MRC) reported earnings 30 days ago. What's next for the stock?

3 weeks ago - Zacks Investment Research

MRC Global (MRC) Displays Solid Prospects Despite Headwinds

MRC Global (MRC) stands to benefit from strength in the upstream production, gas utilities, midstream pipelines and other end markets, lucrative contract wins and shareholder-friendly policies. Rising c...

1 month ago - Zacks Investment Research

MRC Global (MRC) is a Top-Ranked Growth Stock: Should You Buy?

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

1 month ago - Zacks Investment Research

MRC Global (MRC) Q2 Earnings Miss Estimates, Sales Beat

MRC Global (MRC) Q2 earnings results reflect gains from higher sales generation and improved margins.

1 month ago - Zacks Investment Research

MRC Global (MRC) Misses Q2 Earnings Estimates

MRC (MRC) delivered earnings and revenue surprises of -6.90% and 0.09%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

MRC Global Announces Second Quarter 2022 Results

HOUSTON, Aug. 08, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industria...

1 month ago - GlobeNewsWire

MRC Global (MRC) is a Great Momentum Stock: Should You Buy?

Does MRC Global (MRC) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

Wall Street Analysts See a 29% Upside in MRC (MRC): Can the Stock Really Move This High?

The average of price targets set by Wall Street analysts indicates a potential upside of 29.1% in MRC (MRC). While the effectiveness of this highly sought-after metric is questionable, the positive tren...

2 months ago - Zacks Investment Research

MRC Global (MRC) Earnings Expected to Grow: Should You Buy?

MRC (MRC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

4 Industrial Stocks Poised to Trump Q2 Earnings Estimates

End-market strength is likely to have aided the second-quarter 2022 performances of MRC Global (MRC), Xylem (XYL), Zebra Technologies (ZBRA) and Eaton (ETN), partly offset by supply chain woes.

Other symbols: ETNXYLZBRA
2 months ago - Zacks Investment Research

How Much Upside is Left in MRC (MRC)? Wall Street Analysts Think 50%

The mean of analysts' price targets for MRC (MRC) points to a 50.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in rai...

2 months ago - Zacks Investment Research

Why MRC Global (MRC) is an Attractive Bet for Investors Now

MRC Global (MRC) to benefit from strength across its diverse end markets and lucrative contracts. Its sound shareholder-friendly policies are a bonus.

2 months ago - Zacks Investment Research

MRC Global (MRC) Stock Jumps on Raised Full-Year Guidance

MRC Global (MRC) raises its full-year revenue forecast owing to robust activity across its sectors and continued growth in order intake and backlog.

2 months ago - Zacks Investment Research

MRC Global Increases 2022 Full Year Guidance and Announces Preliminary Second Quarter 2022 Results

HOUSTON, July 07, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industria...

2 months ago - GlobeNewsWire

MRC Global (MRC) Displays Bright Prospects, Risks Persist

MRC Global (MRC) stands to benefit from strength across its end markets, lucrative contracts and shareholder-friendly policies. However, cost woes and supply-chain issues weigh on it.

3 months ago - Zacks Investment Research

MRC Global (MRC) Moves 6.7% Higher: Will This Strength Last?

MRC Global (MRC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in ...

3 months ago - Zacks Investment Research

MRC Global Appoints Emily Shields to Lead Sustainability Organization

HOUSTON, June 27, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industria...

3 months ago - GlobeNewsWire

MRC Global Publishes 2022 Environmental, Social Responsibility & Corporate Governance Report

HOUSTON, June 22, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves and fittings (PVF) and other infrastructure products and services to diversified en...

3 months ago - GlobeNewsWire

MRC Global Announces Second Quarter 2022 Earnings Release and Conference Call Schedule

HOUSTON, June 17, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) will release its second quarter 2022 results on August 8, 2022, after the market closes. In conjunction with the release, the compa...

3 months ago - GlobeNewsWire

Why Is MRC (MRC) Up 23.2% Since Last Earnings Report?

MRC (MRC) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

MRC Global (MRC) Clinches PVF Contract From PBF Energy

MRC Global (MRC) wins a contract to supply pipe, valves and fittings products to PBF Energy's Renewable Diesel Project in St. Bernard Parish, LA.

4 months ago - Zacks Investment Research

MRC Global Selected as PVF Products Provider for PBF Energy's Renewable Diesel Project at Chalmette Refinery

HOUSTON, May 26, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced that Chalmette Refining (CR) has selected MRC Global (US) Inc. as the primary pipe, valves and fittings (PVF) products pro...

4 months ago - GlobeNewsWire

MRC Global's (MRC) End-Market Strength Aids, Cost Concerns Ail

MRC Global (MRC) is poised to benefit from its exposure in the diverse end markets and shareholder-friendly policies. However, cost woes and supply-chain bottlenecks remain a concern.

4 months ago - Zacks Investment Research