The price-to-earnings ratio for MRC Global Inc (NYSE: MRC) is 12.32x, which is above its average ratio. Moreover, the 36-month beta value for MRC is 1.68. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MRC is 82.88M and currently, short sellers hold a 1.57% of that float. On March 14, 2025, MRC’s average trading volume was 683.88K shares.
MRC) stock’s latest price update
The stock of MRC Global Inc (NYSE: MRC) has decreased by -3.51 when compared to last closing price of 11.11. Despite this, the company has experienced a -7.27% fall in its stock price over the last five trading sessions. globenewswire.com reported 2025-03-14 that HOUSTON, March 14, 2025 (GLOBE NEWSWIRE) — MRC Global Inc. (NYSE: MRC) announced that it has entered into a joint venture with Frisbie Measurement Services, LLC (FMS) forming IMTEC Services, a provider of integrated smart meter technical services to the gas utilities sector. IMTEC Services is applying for its certification as a woman-owned business with the Women’s Business Enterprise National Council (WBENC).
MRC’s Market Performance
MRC Global Inc (MRC) has experienced a -7.27% fall in stock performance for the past week, with a -16.51% drop in the past month, and a -20.83% drop in the past quarter. The volatility ratio for the week is 2.64%, and the volatility levels for the past 30 days are at 3.36% for MRC. The simple moving average for the last 20 days is -10.10% for MRC stock, with a simple moving average of -17.50% for the last 200 days.
Analysts’ Opinion of MRC
Many brokerage firms have already submitted their reports for MRC stocks, with Loop Capital repeating the rating for MRC by listing it as a “Buy.” The predicted price for MRC in the upcoming period, according to Loop Capital is $14 based on the research report published on October 03, 2023 of the previous year 2023.
The Benchmark Company, on the other hand, stated in their research note that they expect to see MRC reach a price target of $14. The rating they have provided for MRC stocks is “Buy” according to the report published on July 08th, 2022.
JP Morgan gave a rating of “Neutral” to MRC, setting the target price at $7 in the report published on February 19th of the previous year.
MRC Trading at -18.18% from the 50-Day Moving Average
After a stumble in the market that brought MRC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.43% of loss for the given period.
Volatility was left at 3.36%, however, over the last 30 days, the volatility rate increased by 2.64%, as shares sank -20.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.84% lower at present.
During the last 5 trading sessions, MRC fell by -9.43%, which changed the moving average for the period of 200-days by -20.26% in comparison to the 20-day moving average, which settled at $11.91. In addition, MRC Global Inc saw -16.12% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MRC starting from WOOD ROBERT L, who proposed sale 31,795 shares at the price of $13.76 back on Jan 15 ’25. After this action, WOOD ROBERT L now owns shares of MRC Global Inc, valued at $437,581 using the latest closing price.
ANTHONY LEONARD M, the Director of MRC Global Inc, sale 40,000 shares at $12.47 during a trade that took place back on Aug 15 ’24, which means that ANTHONY LEONARD M is holding 61,120 shares at $498,800 based on the most recent closing price.
Stock Fundamentals for MRC
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.2 for the gross margin
The net margin for MRC Global Inc stands at 0.03. The total capital return value is set at 0.12. Equity return is now at value 11.45, with 5.33 for asset returns.
Based on MRC Global Inc (MRC), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 1.0. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is 6.0.
Currently, EBITDA for the company is 225.0 million with net debt to EBITDA at 1.19. When we switch over and look at the enterprise to sales, we see a ratio of 0.36. The receivables turnover for the company is 6.7for trailing twelve months and the total asset turnover is 1.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.99.
Conclusion
To wrap up, the performance of MRC Global Inc (MRC) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
