MRC Global Inc. (MRC)
NYSE: MRC · IEX Real-Time Price · USD
12.05
+0.23 (1.95%)
Apr 23, 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 15.75, with a low estimate of 14 and a high estimate of 17. The average target predicts an increase of 30.71% from the current stock price of 12.05.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 2 | 2 | 2 | 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 | 4 | 4 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Buy Maintains $13 → $15 | Buy | Maintains | $13 → $15 | +24.48% | Apr 8, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $17 | Buy | Reiterates | $17 | +41.08% | Feb 14, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +7.88% | Nov 9, 2023 |
| Loop Capital | Loop Capital | Strong Buy Initiates $14 | Strong Buy | Initiates | $14 | +16.18% | Oct 3, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $17 | Buy | Reiterates | $17 | +41.08% | Aug 8, 2023 |
Financial Forecast
Revenue This Year
3.34B
from 3.41B
Decreased by -2.11%
Revenue Next Year
3.53B
from 3.34B
Increased by 5.81%
EPS This Year
1.09
from 1.05
Increased by 4.21%
EPS Next Year
1.45
from 1.09
Increased by 32.92%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.5B | 3.7B | 4.1B | 4.3B |
| Avg | 3.3B | 3.5B | 3.9B | 4.1B |
| Low | 3.2B | 3.3B | 3.8B | 4.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.8% | 11.5% | 15.8% | 8.7% |
| Avg | -2.1% | 5.8% | 11.4% | 4.5% |
| Low | -5.9% | -0.5% | 8.1% | 1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.24 | 1.58 | 1.27 | 1.42 |
| Avg | 1.09 | 1.45 | 1.22 | 1.36 |
| Low | 0.90 | 1.36 | 1.19 | 1.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 18.0% | 43.9% | -12.6% | 16.0% |
| Avg | 4.2% | 32.9% | -16.0% | 11.6% |
| Low | -14.1% | 24.5% | -18.5% | 8.3% |
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.