Mrc Global Stock Analysis

MRC Stock  USD 13.99  0.24  1.75%   
MRC Global is fairly valued with Real Value of 13.5 and Target Price of 14.0. The main objective of MRC Global stock analysis is to determine its intrinsic value, which is an estimate of what MRC Global is worth, separate from its market price. There are two main types of MRC Global's stock analysis: fundamental analysis and technical analysis.
The MRC Global stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and MRC Global's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MRC Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.

MRC Stock Analysis Notes

About 97.0% of the company shares are owned by institutional investors. The book value of MRC Global was now reported as 6.54. The company had not issued any dividends in recent years. MRC Global had 1:1 split on the July 6, 2009. 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. MRC Global Inc. was founded in 1921 and is headquartered in Houston, Texas. Mrc Global operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 2700 people. To find out more about MRC Global contact Andrew Lane at 877 294 7574 or learn more at https://www.mrcglobal.com.

MRC Global Quarterly Total Revenue

797 Million

MRC Global Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. MRC Global's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding MRC Global or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
MRC Global is unlikely to experience financial distress in the next 2 years
Over 97.0% of the company shares are owned by institutional investors
Latest headline from investing.com: MRC Global shares target upgraded, keeps buy on capital structure

MRC Global Upcoming and Recent Events

Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to MRC Global previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
13th of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

MRC Largest EPS Surprises

Earnings surprises can significantly impact MRC Global's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-04-27
2021-03-31-0.08-0.070.0112 
2017-08-03
2017-06-300.030.02-0.0133 
2022-05-09
2022-03-310.150.170.0213 
View All Earnings Estimates

MRC Global Environmental, Social, and Governance (ESG) Scores

MRC Global's ESG score is a quantitative measure that evaluates MRC Global's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of MRC Global's operations that may have significant financial implications and affect MRC Global's stock price as well as guide investors towards more socially responsible investments.

MRC Global Thematic Classifications

In addition to having MRC Global stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Wholesale Idea
Wholesale
USA Equities from Wholesale industry as classified by Fama & French

MRC Stock Institutional Investors

Shares
Engine Capital Management Lp2024-09-30
1.9 M
State Street Corp2024-06-30
1.9 M
Renaissance Technologies Corp2024-09-30
1.5 M
Victory Capital Management Inc.2024-09-30
1.4 M
Harvey Partners Llc2024-06-30
1.3 M
Charles Schwab Investment Management Inc2024-09-30
1.2 M
Kennedy Capital Management Inc2024-06-30
1.2 M
Nuveen Asset Management, Llc2024-06-30
1.2 M
Millennium Management Llc2024-06-30
M
Vanguard Group Inc2024-09-30
9.3 M
Blackrock Inc2024-06-30
6.7 M
Note, although MRC Global's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

MRC Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.19 B.

MRC Profitablity

The company has Net Profit Margin of 0.03 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.05 %, which entails that for every 100 dollars of revenue, it generated $0.05 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.08  0.08 
Return On Capital Employed 0.17  0.18 
Return On Assets 0.06  0.06 
Return On Equity 0.14  0.14 

Management Efficiency

MRC Global has Return on Asset of 0.0505 % which means that on every $100 spent on assets, it made $0.0505 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1145 %, implying that it generated $0.1145 on every 100 dollars invested. MRC Global's management efficiency ratios could be used to measure how well MRC Global manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.08. The current year's Return On Capital Employed is expected to grow to 0.18. At present, MRC Global's Other Assets are projected to decrease significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 938.6 M, whereas Other Current Assets are forecasted to decline to about 26.5 M.
Last ReportedProjected for Next Year
Book Value Per Share 10.01  11.75 
Tangible Book Value Per Share 4.94  5.19 
Enterprise Value Over EBITDA 5.80  5.51 
Price Book Value Ratio 1.10  1.74 
Enterprise Value Multiple 5.80  5.51 
Price Fair Value 1.10  1.74 
Enterprise Value1.9 B1.6 B
The strategic initiatives led by MRC Global's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Operating Margin
0.0464
Profit Margin
0.0309
Beta
1.979
Return On Assets
0.0505
Return On Equity
0.1145

Technical Drivers

As of the 22nd of November, MRC Global owns the Semi Deviation of 1.52, market risk adjusted performance of 0.101, and Mean Deviation of 1.5. In relation to fundamental indicators, the technical analysis model lets you check practical technical drivers of MRC Global, as well as the relationship between them.

MRC Global Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. MRC Global middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for MRC Global. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

MRC Global Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MRC Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on MRC Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MRC Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

MRC Global Outstanding Bonds

MRC Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MRC Global uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MRC bonds can be classified according to their maturity, which is the date when MRC Global has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

MRC Global Predictive Daily Indicators

MRC Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MRC Global stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

MRC Global Corporate Filings

8K
20th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
13th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
7th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
6th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
5th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
31st of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F3
29th of October 2024
An amendment to the original Schedule 13D filing
ViewVerify
21st of October 2024
Other Reports
ViewVerify

MRC Global Forecast Models

MRC Global's time-series forecasting models are one of many MRC Global's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary MRC Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About MRC Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how MRC Global prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling MRC shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as MRC Global. By using and applying MRC Stock analysis, traders can create a robust methodology for identifying MRC entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.04  0.05 
Operating Profit Margin 0.05  0.06 
Net Profit Margin 0.03  0.04 
Gross Profit Margin 0.20  0.14 

Current MRC Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. MRC analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. MRC analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
14.0Strong Buy4Odds
MRC Global current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most MRC analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand MRC stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MRC Global, talking to its executives and customers, or listening to MRC conference calls.
MRC Analyst Advice Details

MRC Stock Analysis Indicators

MRC Global stock analysis indicators help investors evaluate how MRC Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading MRC Global shares will generate the highest return on investment. By understating and applying MRC Global stock analysis, traders can identify MRC Global position entry and exit signals to maximize returns.
Begin Period Cash Flow32 M
Long Term DebtM
Common Stock Shares Outstanding85.5 M
Total Stockholder Equity843 M
Tax Provision39 M
Quarterly Earnings Growth Y O Y-0.183
Property Plant And Equipment Net283 M
Cash And Short Term Investments131 M
Cash131 M
Accounts Payable355 M
Net Debt390 M
50 Day M A12.7452
Total Current Liabilities783 M
Other Operating Expenses3.2 B
Non Current Assets Total731 M
Forward Price Earnings10.627
Non Currrent Assets Other21 M
Stock Based Compensation14 M

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When running MRC Global's price analysis, check to measure MRC Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MRC Global is operating at the current time. Most of MRC Global's value examination focuses on studying past and present price action to predict the probability of MRC Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MRC Global's price. Additionally, you may evaluate how the addition of MRC Global to your portfolios can decrease your overall portfolio volatility.
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