MRC Global Inc. (MRC)
NYSE: MRC · IEX Real-Time Price · USD
12.63
-0.04 (-0.32%)
Jul 2, 2024, 4:00 PM EDT - Market closed
MRC Global Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for MRC Global stock have an average target of 16, with a low estimate of 14 and a high estimate of 17. The average target predicts an increase of 26.68% from the current stock price of 12.63.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MRC Global stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Buy Maintains $16 | Buy | Maintains | $16 | +26.68% | Jun 26, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $15 → $16 | Buy | Maintains | $15 → $16 | +26.68% | May 10, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $13 → $15 | Buy | Maintains | $13 → $15 | +18.76% | Apr 8, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $17 | Buy | Reiterates | $17 | +34.60% | Feb 14, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +2.93% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
3.38B
from 3.41B
Decreased by -0.94%
Revenue Next Year
3.57B
from 3.38B
Increased by 5.56%
EPS This Year
1.11
from 1.05
Increased by 6.13%
EPS Next Year
1.45
from 1.11
Increased by 29.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.5B | 3.7B | 4.1B | 4.1B |
| Avg | 3.4B | 3.6B | 3.9B | 3.9B |
| Low | 3.2B | 3.4B | 3.8B | 3.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.9% | 10.6% | 14.7% | 3.6% |
| Avg | -0.9% | 5.6% | 10.3% | -0.4% |
| Low | -5.1% | 1.1% | 7.1% | -3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.21 | 1.53 | 1.27 |
| Avg | 1.11 | 1.45 | 1.22 |
| Low | 1.04 | 1.36 | 1.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.0% | 37.6% | -12.2% |
| Avg | 6.1% | 29.9% | -15.6% |
| Low | -1.1% | 22.2% | -18.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.