MRC Global Inc Stock News

AGCO, WIRE, HSIC, MRC, and NTR have been added to the Zacks Rank #1 (Strong Buy) List on February 22, 2022.

The mean of analysts' price targets for MRC (MRC) points to a 32.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in r

MRC Global Inc. with ticker code (MRC) now have 6 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 17 and 12 with the average target price sitting at 13. With the stocks previous close at 8.71 this now indicates there is a potential upside of 49.3%. The day 50 moving average is 7.45 and the 200 moving average now moves to 8.54. The company has a market capitalisation of $794m. You can visit the company''s website by visiting: https://www.mrcglobal.com [stock_market_widget type="chart" template="basic" color="green" assets=MRC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,185m based on the market concensus. 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. It offers ball, butterfly, gate, globe, check, diaphragm, needle, and plug valves; and other products, such as lined corrosion resistant piping systems, control valves, valve automation, and top work components, as well as valve modification services; and measurement, steam, and instrumentation products.

MRC (MRC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it

MRC Global Inc. (MRC) CEO Rob Saltiel on Q4 2021 Results - Earnings Call Transcript

MRC Global (MRC) Q4 earnings reflect the impacts of strengthening U.S. and Canada segments, pandemic woes on international operations, and improved margins. It predicts y/y growth in 2022 revenues.

MRC Global press release (MRC): Q4 Non-GAAP EPS of $0.27 beats by $0.32.Revenue of $686M (+18.5% Y/Y) beats by $0.97M.

HOUSTON, Feb. 15, 2022 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves and fittings (PVF) and other infrastructure products and services to diversified energy, industrial and gas utilities'' end-markets, today reported full year and fourth quarter 2021 results.

MRC (MRC) delivered earnings and revenue surprises of 383.33% and 0.01%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

MRC Global (NYSE:MRC) is scheduled to announce Q4 earnings results on Tuesday, Feb. 15, after market close.The consensus EPS estimate is -$0.05 (flat Y/Y)

ASO, LPX, and MRC made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 26, 2021.

MRC Global (MRC) is likely to gain from strength in the gas utility sector, large contract wins and shareholder-friendly policies.

Here is how MRC Global (MRC) and Tenaris S.A. (TS) have performed compared to their sector so far this year.