During the last session, MRC Global Inc (NYSE:MRC)’s traded shares were 0.87 million, with the beta value of the company hitting 1.65. At the end of the trading day, the stock’s price was $12.79, reflecting an intraday loss of -1.31% or -$0.17. The 52-week high for the MRC share is $15.59, that puts it down -21.89 from that peak though still a striking 27.83% gain since the share price plummeted to a 52-week low of $9.23. The company’s market capitalization is $1.09B, and the average intraday trading volume over the past 10 days was 2.16 million shares, and the average trade volume was 875.99K shares over the past three months.
MRC Global Inc (MRC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. MRC has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.24.
MRC Global Inc (NYSE:MRC) trade information
MRC Global Inc (MRC) registered a -1.31% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.31% in intraday trading to $12.79, hitting a weekly high. The stock’s 5-day price performance is -3.98%, and it has moved by -1.16% in 30 days. Based on these gigs, the overall price performance for the year is 0.08%. The short interest in MRC Global Inc (NYSE:MRC) is 2.85 million shares and it means that shorts have 4.98 day(s) to cover.
The consensus price target of analysts on Wall Street is $17, which implies an increase of 24.76% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $17 and $17 respectively. As a result, MRC is trading at a discount of -32.92% off the target high and -32.92% off the low.
MRC Global Inc (MRC) estimates and forecasts
In the rating firms’ projections, revenue will increase 3.99% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 784.6M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 852.33M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 832M and 797M respectively. In this case, analysts expect current quarter sales to shrink by -5.70% and then jump by 6.94% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 10.92%. While earnings are projected to return 47.47% in 2025, the next five years will return 24.05% per annum.
MRC Dividends
MRC Global Inc is due to release its next quarterly earnings on 2025-May-06. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
MRC Global Inc (NYSE:MRC)’s Major holders
MRC Global Inc insiders own 2.33% of total outstanding shares while institutional holders control 100.42%, with the float percentage being 102.82%. VANGUARD GROUP INC is the largest shareholder of the company, while 268.0 institutions own stock in it. As of 2024-06-30, the company held over 9.2 million shares (or 10.8022% of all shares), a total value of $118.82 million in shares.
The next largest institutional holding, with 6.68 million shares, is of BLACKROCK INC.’s that is approximately 7.8412% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $86.25 million.
Also, the Mutual Funds coming in first place with the largest holdings of MRC Global Inc (MRC) shares are UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Mar 31, 2025 indicates that UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. owns about 3.35 shares. This amounts to just over 3.90 percent of the company’s overall shares, with a $42.91 million market value. The same data shows that the other fund manager holds slightly less at 2.59, or about 3.01% of the stock, which is worth about $33.13 million.
