Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $9.46 in the prior trading day, MRC Global Inc (NYSE: MRC) closed at $10.34, up 9.30%. In other words, the price has increased by $9.30 from its previous closing price. On the day, 0.8 million shares were traded. MRC stock price reached its highest trading level at $10.48 during the session, while it also had its lowest trading level at $9.2336.
Ratios:
Our goal is to gain a better understanding of MRC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 1.06.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Loop Capital on October 03, 2023, initiated with a Buy rating and assigned the stock a target price of $14.
On July 08, 2022, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $14.
JP Morgan Downgraded its Overweight to Neutral on February 19, 2021, while the target price for the stock was maintained at $7.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 15 ’25 when WOOD ROBERT L bought 31,795 shares for $13.76 per share.
ANTHONY LEONARD M sold 40,000 shares of MRC for $498,800 on Aug 15 ’24. The Director now owns 61,120 shares after completing the transaction at $12.47 per share. On Nov 21 ’24, another insider, WOOD ROBERT L, who serves as the Former BOD and Officer of the company, bought 40,000 shares for $14.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MRC now has a Market Capitalization of 890102400 and an Enterprise Value of 1360617728. As of this moment, MRC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.87, and their Forward P/E ratio for the next fiscal year is 7.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at 0.452 whereas that against EBITDA is 7.775.
Stock Price History:
The Beta on a monthly basis for MRC is 1.64, which has changed by -0.17014444 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, MRC has reached a high of $15.41, while it has fallen to a 52-week low of $9.24. The 50-Day Moving Average of the stock is -15.30%, while the 200-Day Moving Average is calculated to be -19.72%.
Shares Statistics:
The stock has traded on average 804.91K shares per day over the past 3-months and 749850 shares per day over the last 10 days, according to various share statistics. A total of 85.24M shares are outstanding, with a floating share count of 83.41M. Insiders hold about 3.10% of the company’s shares, while institutions hold 94.33% stake in the company. Shares short for MRC as of 1741910400 were 1444406 with a Short Ratio of 1.79, compared to 1739491200 on 1317946. Therefore, it implies a Short% of Shares Outstanding of 1444406 and a Short% of Float of 3.2899998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The performance of MRC Global Inc (MRC) in the stock market is under the watchful eye of 3.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.28, with high estimates of $0.3 and low estimates of $0.26.
Analysts are recommending an EPS of between $1.19 and $0.98 for the fiscal current year, implying an average EPS of $1.05. EPS for the following year is $1.35, with 4.0 analysts recommending between $1.45 and $1.22.
Revenue Estimates
3 analysts predict $679.8M in revenue for the current quarter. It ranges from a high estimate of $693.4M to a low estimate of $666M. As of the current estimate, MRC Global Inc’s year-ago sales were $806MFor the next quarter, 3 analysts are estimating revenue of $781.63M. There is a high estimate of $793.7M for the next quarter, whereas the lowest estimate is $770M.
A total of 4 analysts have provided revenue estimates for MRC’s current fiscal year. The highest revenue estimate was $3.21B, while the lowest revenue estimate was $3.06B, resulting in an average revenue estimate of $3.14B. In the same quarter a year ago, actual revenue was $3.01BBased on 4 analysts’ estimates, the company’s revenue will be $3.36B in the next fiscal year. The high estimate is $3.45B and the low estimate is $3.25B.
