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MRC Global Inc (MRC) Stock Forecast & Price Prediction

Live MRC Stock Price & Analysis

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$13.46

+0.37 (2.83%)

12 Month Price Forecast For MRC

$13.46
Current Price
$1.12B
Market Cap
4 Ratings
Buy 4
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to MRC Price Forecasts

+33.7%
To High Target of $18.00
+26.3%
To Median Target of $17.00
+26.3%
To Low Target of $17.00

MRC Price Momentum

+5.2%
1 Week Change
-3.2%
1 Month Change
+11.6%
1 Year Change
+5.3%
Year-to-Date Change
-12.7%
From 52W High of $15.41
+22.8%
From 52W Low of $10.96

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 15, 2025 4:12 AM UTC

MRC Analyst Ratings & Price Targets

Based on our analysis of 10 Wall Street analysts, MRC has a bullish consensus with a median price target of $17.00 (ranging from $17.00 to $18.00). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $13.46, the median forecast implies a 26.3% upside. This outlook is supported by 4 Buy, 0 Hold, and 0 Sell ratings.

Conversely, the most conservative target is provided by Charles Minervino at Susquehanna, suggesting a 26.3% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

MRC Analyst Consensus

4
Buy
0
Hold
0
Sell

MRC Price Target Range

Low
$17.00
Average
$17.00
High
$18.00
Current: $13.46

Latest MRC Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for MRC.

Date Firm Analyst Rating Change Price Target
Nov 7, 2024 Susquehanna Charles Minervino Positive Maintains $17.00
Oct 15, 2024 Stifel Nathan Jones Buy Maintains $15.00
Jun 26, 2024 Susquehanna Charles Minervino Positive Maintains $16.00
May 10, 2024 Susquehanna Charles Minervino Positive Maintains $16.00
Apr 8, 2024 Susquehanna Charles Minervino Positive Maintains $15.00
Feb 14, 2024 Stephens & Co. Tommy Moll Overweight Reiterates $17.00
Nov 9, 2023 Susquehanna Charles Minervino Positive Maintains $13.00
Oct 3, 2023 Loop Capital Chris Dankert Buy Initiates $14.00
Aug 8, 2023 Stephens & Co. Blake Hirschman Overweight Reiterates $17.00
May 10, 2023 Susquehanna Charles Minervino Positive Maintains $12.00
Apr 17, 2023 Stifel Nathan Jones Buy Maintains $15.00
Mar 14, 2023 Susquehanna Charles Minervino Positive Reiterates $16.00
Nov 4, 2022 RBC Capital Pammi Bir Sector Perform Maintains $150.00
Jul 8, 2022 Benchmark Douglas Becker Buy Initiates $14.00
Nov 10, 2021 Susquehanna Charles Minervino Positive Maintains $12.00
Feb 19, 2021 JP Morgan Neutral Downgrade $0.00
Jul 30, 2020 Stifel Buy Maintains $8.00
Jun 24, 2020 Northland Capital Markets Outperform Initiates $0.00
Apr 30, 2020 Susquehanna Positive Maintains $8.00
Apr 3, 2020 Stephens & Co. Blake Hirschman Overweight Reiterates $6.50

Stocks Similar to MRC Global Inc

The following stocks are similar to MRC Global based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

MRC Global Inc (MRC) Financial Data

MRC Global Inc has a market capitalization of $1.12B with a P/E ratio of 15.1x. The company generates $3.20B in trailing twelve-month revenue with a 3.1% profit margin.

Revenue growth is -10.2% quarter-over-quarter, while maintaining an operating margin of +4.6% and return on equity of +11.4%.

Valuation Metrics

Market Cap $1.12B
Enterprise Value $1.67B
P/E Ratio 15.1x
PEG Ratio 11.7x
Price/Sales 0.3x

Growth & Margins

Revenue Growth (YoY) -10.2%
Gross Margin +20.1%
Operating Margin +4.6%
Net Margin +3.1%
EPS Growth -17.1%

Financial Health

Cash/Price Ratio +5.4%
Current Ratio 2.0x
Debt/Equity 31.4x
ROE +11.4%
ROA +5.0%

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MRC Global Inc logo

MRC Global Inc (MRC) Company Overview

About MRC Global Inc

What They Do

Distributes pipes, valves, and industrial supplies.

Business Model

The company operates as a distributor of pipes, valves, fittings, and other infrastructure products, generating revenue primarily through sales to customers in various industries, including oil and gas, construction, and manufacturing. It also offers specialized services such as valve modification and industrial supply solutions, enhancing its offerings and creating additional revenue streams.

Additional Information

MRC Global Inc. has a long history dating back to 1921 and serves a wide geographic market, including the U.S., Canada, and internationally. The company focuses on products suitable for extreme operating conditions, indicating a strong position in niche markets within the industrial supply sector.

Company Information

Sector

Energy

Industry

Oil & Gas Equipment & Services

Employees

2,800

CEO

Mr. Robert James Saltiel Jr.

Country

United States

IPO Year

2012

MRC Global Inc (MRC) Latest News & Analysis

MRC stock latest news image
Quick Summary

Glancy Prongay & Murray LLP is investigating MRC Global Inc. (NYSE: MRC) for potential violations of federal securities laws, impacting investors who may have lost money.

Why It Matters

Investigation into MRC Global Inc. for potential securities law violations may signal financial instability, impacting stock performance and investor confidence.

Source: Business Wire
Market Sentiment: Neutral
MRC stock latest news image
Quick Summary

Law Offices of Howard G. Smith are investigating potential federal securities law violations by MRC Global Inc. (NYSE: MRC). Investors who suffered losses are encouraged to contact the firm.

Why It Matters

The investigation into MRC Global Inc. for potential securities law violations may indicate financial mismanagement or legal issues, impacting investor confidence and stock performance.

Source: Business Wire
Market Sentiment: Neutral
MRC stock latest news image
Quick Summary

The Law Offices of Frank R. Cruz are investigating MRC Global Inc. (NYSE: MRC) for potential federal securities law violations, prompting concerns for affected investors.

Why It Matters

The investigation into MRC Global Inc. for potential federal securities law violations could lead to legal liabilities, affecting stock performance and investor confidence.

Source: Business Wire
Market Sentiment: Neutral
MRC stock latest news image
Quick Summary

MRC has been rated Zacks Rank #1 (Strong Buy) for value stocks as of February 12, 2025.

Why It Matters

MRC's Zacks Rank #1 indicates strong potential for price appreciation, signaling a favorable investment opportunity and likely increased interest from investors.

Source: Zacks Investment Research
Market Sentiment: Positive
MRC stock latest news image
Quick Summary

Value stocks ENS, MRC, KT, BIP, and JKS have been screened using the EV-to-EBITDA ratio to assess their valuation and earnings potential.

Why It Matters

The screening of these value stocks using the EV-to-EBITDA ratio highlights potential investment opportunities, indicating their relative undervaluation and earnings prospects.

Source: Zacks Investment Research
Market Sentiment: Positive
MRC stock latest news image
Quick Summary

MRC Global Inc. (NYSE: MRC) has postponed its fourth quarter and full year 2024 financial results release and conference call, originally set for February 11-12, 2025, to a later date.

Why It Matters

Postponement of financial results can signal potential issues within MRC Global, affecting investor confidence, stock price volatility, and market perception of the company's performance.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About MRC Stock

What is MRC Global Inc's (MRC) stock forecast for 2025?

Based on our analysis of 10 Wall Street analysts, MRC Global Inc (MRC) has a median price target of $17.00. The highest price target is $18.00 and the lowest is $17.00.

Is MRC stock a good investment in 2025?

According to current analyst ratings, MRC has 4 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $13.46. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for MRC stock?

Wall Street analysts predict MRC stock could reach $17.00 in the next 12 months. This represents a 26.3% increase from the current price of $13.46. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is MRC Global Inc's business model?

The company operates as a distributor of pipes, valves, fittings, and other infrastructure products, generating revenue primarily through sales to customers in various industries, including oil and gas, construction, and manufacturing. It also offers specialized services such as valve modification and industrial supply solutions, enhancing its offerings and creating additional revenue streams.

What is the highest forecasted price for MRC MRC Global Inc?

The highest price target for MRC is $18.00 from at , which represents a 33.7% increase from the current price of $13.46.

What is the lowest forecasted price for MRC MRC Global Inc?

The lowest price target for MRC is $17.00 from Charles Minervino at Susquehanna, which represents a 26.3% increase from the current price of $13.46.

What is the overall MRC consensus from analysts for MRC Global Inc?

The overall analyst consensus for MRC is bullish. Out of 10 Wall Street analysts, 4 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $17.00.

How accurate are MRC stock price projections?

Stock price projections, including those for MRC Global Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.