MRC Global Inc. (MRC)
NYSE: MRC · IEX Real-Time Price · USD
11.66
-0.04 (-0.38%)
Feb 26, 2024, 12:00 PM EST - Market open

MRC Global Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for MRC Global stock have an average target of 15.2, with a low estimate of 13 and a high estimate of 17. The average target predicts an increase of 30.42% from the current stock price of 11.66.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $13 $15.2 $15 $17
Change +11.54% +30.42% +28.70% +45.86%

Analyst Ratings

The average analyst rating for MRC Global stock from 5 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 Sep '23Oct '23Nov '23Dec '23Jan '24Feb '24
Strong Buy 122222
Buy 222223
Hold 110000
Sell 000000
Strong Sell 000000
Total 454445

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stephens & Co.
Stephens & Co.
Buy
Reiterates
$17
Buy Reiterates $17 +45.86% Feb 14, 2024
Susquehanna
Susquehanna
Buy
Maintains
$12$13
Buy Maintains $12$13 +11.54% Nov 9, 2023
Loop Capital
Loop Capital
Strong Buy
Initiates
$14
Strong Buy Initiates $14 +20.12% Oct 3, 2023
Stephens & Co.
Stephens & Co.
Buy
Reiterates
$17
Buy Reiterates $17 +45.86% Aug 8, 2023
Susquehanna
Susquehanna
Buy
Maintains
$15$12
Buy Maintains $15$12 +2.96% May 10, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
3.66B
from 3.41B
Increased by 7.21%
Revenue Next Year
3.88B
from 3.66B
Increased by 5.93%
EPS This Year
1.23
from 1.05
Increased by 16.71%
EPS Next Year
1.48
from 1.23
Increased by 20.74%
Year 201920202021202220232024202520262027
Revenue
3.66B2.56B2.67B3.36B3.41B3.66B3.88B3.94B4.12B
Revenue Growth
-12.22%-30.09%4.14%26.14%1.46%7.21%5.93%1.60%4.52%
EPS
0.18-3.63-0.460.601.051.231.481.221.36
EPS Growth
-66.67%---75.00%16.71%20.74%-17.41%11.57%
No. Analysts -----7522
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 3.8B 4.1B 4.1B 4.3B
Avg 3.7B 3.9B 3.9B 4.1B
Low 3.5B 3.7B 3.8B 4.0B

Revenue Growth

Revenue Growth 2024202520262027
High
12.7%
11.1%
5.6%
8.7%
Avg
7.2%
5.9%
1.6%
4.5%
Low
2.8%
1.1%
-1.4%
1.4%

EPS Forecast

EPS 2024202520262027
High 1.37 1.66 1.27 1.42
Avg 1.23 1.48 1.22 1.36
Low 1.08 1.32 1.19 1.32

EPS Growth

EPS Growth 2024202520262027
High
30.0%
35.4%
-14.1%
16.0%
Avg
16.7%
20.7%
-17.4%
11.6%
Low
2.7%
8.0%
-19.9%
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.