Mrc Global Stock Analysis
MRC Stock | USD 12.05 0.23 1.95% |
MRC Global is fairly valued with Real Value of 11.97 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. Fundamental analysis focuses on the financial and economic factors that affect MRC Global's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of MRC Global's stock to identify patterns and trends that may indicate its future price movements.
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. MRC Global is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. MRC Stock trading window is adjusted to America/New York timezone. 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.
MRC |
MRC Stock Analysis Notes
About 95.0% of the company shares are owned by institutional investors. The book value of MRC Global was now reported as 5.79. 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 |
|
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 | |
MRC Global has a strong financial position based on the latest SEC filings | |
Over 95.0% of the company shares are owned by institutional investors | |
Latest headline from finance.yahoo.com: Disposition of 8211 shares by Kelly Youngblood of MRC Global at 10.47 subject to Rule 16b-3 |
MRC Global Upcoming and Recent Events
Earnings reports are used by MRC Global to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. 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 | -0.07 | 0.01 | 12 | ||
2017-08-03 | 2017-06-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2022-05-09 | 2022-03-31 | 0.15 | 0.17 | 0.02 | 13 |
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.
WholesaleUSA Equities from Wholesale industry as classified by Fama & French |
MRC Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as MRC Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MRC Global backward and forwards among themselves. MRC Global's institutional investor refers to the entity that pools money to purchase MRC Global's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Geode Capital Management, Llc | 2023-12-31 | 1.8 M | Kennedy Capital Management Inc | 2023-12-31 | 1.5 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.4 M | Philosophy Capital Management Llc | 2023-12-31 | 1.4 M | Goldman Sachs Group Inc | 2023-12-31 | 1.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.3 M | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 1.2 M | Royce & Associates, Lp | 2023-12-31 | 1.1 M | Renaissance Technologies Corp | 2023-12-31 | 947.6 K | Vanguard Group Inc | 2023-12-31 | 9 M | Pzena Investment Management, Llc | 2023-12-31 | 7 M |
MRC Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.01 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MRC Global's market, we take the total number of its shares issued and multiply it by MRC Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.MRC Profitablity
MRC Global's profitability indicators refer to fundamental financial ratios that showcase MRC Global's ability to generate income relative to its revenue or operating costs. If, let's say, MRC Global is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, MRC Global's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of MRC Global's profitability requires more research than a typical breakdown of MRC Global's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
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 0.04 %, which entails that for every 100 dollars of revenue, it generated $0.04 of operating income. Last Reported | Projected 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 0.0618 % which means that on every $100 spent on assets, it made $0.0618 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1439 %, implying that it generated $0.1439 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 Reported | Projected for Next Year | ||
Book Value Per Share | 10.01 | 11.75 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
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 Value | 1.9 B | 1.6 B |
The analysis of MRC Global's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze MRC Global's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of MRC Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 2.008 |
Technical Drivers
As of the 24th of April, MRC Global owns the Mean Deviation of 1.26, market risk adjusted performance of (0.40), and Semi Deviation of 1.27. 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. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for MRC Global, which can be compared to its peers in the sector. Please verify MRC Global treynor ratio, and the relationship between the standard deviation and downside variance to decide if MRC Global is priced correctly, providing market reflects its prevailing price of 12.05 per share. Given that MRC Global has jensen alpha of 0.276, we recommend you to check MRC Global's latest market performance to make sure the company can sustain itself at some point in the future.MRC Global Price Movement Analysis
The output start index for this execution was seven with a total number of output elements of fifty-four. 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.
Silvers Daniel B. over three weeks ago Insider Trading | ||
Robert Saltiel over a month ago Disposition of 46079 shares by Robert Saltiel of MRC Global at 12.46 subject to Rule 16b-3 | ||
Kelly Youngblood over two months ago Payment of 8432 shares by Kelly Youngblood of MRC Global subject to Rule 16b-3 | ||
Kelly Youngblood over six months ago Payment of 3548 shares by Kelly Youngblood of MRC Global subject to Rule 16b-3 | ||
Robert Wood over six months ago Acquisition by Robert Wood of 27954 shares of MRC Global subject to Rule 16b-3 | ||
Kelly Youngblood over a year ago Payment of 6971 shares by Kelly Youngblood of MRC Global subject to Rule 16b-3 |
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
3rd of April 2024 Other Reports | ViewVerify | |
8K | 2nd of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
27th of March 2024 Other Reports | ViewVerify | |
8K | 26th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
19th of March 2024 Other Reports | ViewVerify | |
15th of March 2024 Other Reports | ViewVerify | |
F3 | 13th of March 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 12th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | 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 Reported | Projected 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 Price | Advice | # of Analysts | |
14.0 | Strong Buy | 6 | Odds |
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 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 Flow | 32 M | |
Long Term Debt | 9 M | |
Common Stock Shares Outstanding | 85.5 M | |
Total Stockholder Equity | 843 M | |
Tax Provision | 39 M | |
Quarterly Earnings Growth Y O Y | -0.053 | |
Property Plant And Equipment Net | 283 M | |
Cash And Short Term Investments | 131 M | |
Cash | 131 M | |
Accounts Payable | 355 M | |
Net Debt | 390 M | |
50 Day M A | 12.0746 | |
Total Current Liabilities | 783 M | |
Other Operating Expenses | 3.2 B | |
Non Current Assets Total | 731 M | |
Forward Price Earnings | 10.627 | |
Non Currrent Assets Other | 21 M | |
Stock Based Compensation | 14 M |
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 tightly coupled 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.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for MRC Stock analysis
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.
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |
Is MRC Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MRC Global. If investors know MRC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MRC Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Earnings Share 1.05 | Revenue Per Share 40.523 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0618 |
The market value of MRC Global is measured differently than its book value, which is the value of MRC that is recorded on the company's balance sheet. Investors also form their own opinion of MRC Global's value that differs from its market value or its book value, called intrinsic value, which is MRC Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MRC Global's market value can be influenced by many factors that don't directly affect MRC Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MRC Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MRC Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MRC Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.