MRC Global (MRC) Stock Forecast, Price Target & Predictions
MRC Stock Forecast
MRC Global stock forecast is as follows: an average price target of $16.00 (represents a 16.36% upside from MRC’s last price of $13.75) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
MRC Price Target
The average price target for MRC Global (MRC) is $16.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $16.00. This represents a potential 16.36% upside from MRC's last price of $13.75.
MRC Analyst Ratings
According to 1 Wall Street analysts, MRC Global's rating consensus is 'Buy'. The analyst rating breakdown for MRC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
MRC Global Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 10, 2024 | Charles Minervino | Susquehanna | $16.00 | $12.86 | 24.42% | 16.36% |
| Apr 08, 2024 | Charles Minervino | Susquehanna | $15.00 | $12.56 | 19.43% | 9.09% |
| Jul 08, 2022 | Nathan Jones | Stifel Nicolaus | $16.00 | $10.65 | 50.16% | 16.36% |
| Jun 20, 2022 | Charles Minervino | Susquehanna | $14.00 | $9.37 | 49.41% | 1.82% |
The latest MRC Global stock forecast, released on May 10, 2024 by Charles Minervino from Susquehanna, set a price target of $16.00, which represents a 24.42% increase from the stock price at the time of the forecast ($12.86), and a 16.36% increase from MRC last price ($13.75).
MRC Global Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $15.50 |
| Last Closing Price | $13.75 | $13.75 | $13.75 |
| Upside/Downside | -100.00% | -100.00% | 12.73% |
In the current month, the average price target of MRC Global stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to MRC Global's last price of $13.75. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 10, 2024 | Susquehanna | Positive | Positive | Hold |
| Apr 08, 2024 | Susquehanna | Positive | Positive | Hold |
| Jun 20, 2022 | Susquehanna | Positive | Positive | Hold |
MRC Global's last stock rating was published by Susquehanna on May 10, 2024. The company gave MRC a "Positive" rating, the same as its previous rate.
MRC Global Financial Forecast
MRC Global Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $888.00M | $871.00M | $885.00M | $869.00M | $904.00M | $848.00M | $742.00M | $686.00M | $685.00M | $686.00M | $609.00M | $579.00M | $585.00M | $602.00M | $794.00M | $766.00M | $942.00M |
| Avg Forecast | $844.10M | $902.25M | $892.15M | $841.05M | $829.50M | $833.97M | $821.40M | $774.50M | $745.08M | $794.17M | $831.32M | $760.76M | $810.52M | $931.16M | $914.58M | $855.20M | $872.20M | $888.06M | $815.03M | $717.48M | $685.03M | $704.67M | $660.74M | $565.67M | $548.06M | $566.64M | $587.81M | $764.83M | $853.61M | $939.16M |
| High Forecast | $858.97M | $918.14M | $907.86M | $855.86M | $844.11M | $848.66M | $835.87M | $808.50M | $758.20M | $807.26M | $845.96M | $774.16M | $816.46M | $937.68M | $930.68M | $870.26M | $887.56M | $888.06M | $815.03M | $717.48M | $685.03M | $704.67M | $660.74M | $565.67M | $548.06M | $566.64M | $587.81M | $764.83M | $853.61M | $939.16M |
| Low Forecast | $828.54M | $885.62M | $875.70M | $825.55M | $814.21M | $818.59M | $806.26M | $742.00M | $731.34M | $781.09M | $816.00M | $746.74M | $804.59M | $922.56M | $897.72M | $839.44M | $856.12M | $888.06M | $815.03M | $717.48M | $685.03M | $704.67M | $660.74M | $565.67M | $548.06M | $566.64M | $587.81M | $764.83M | $853.61M | $939.16M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.95% | 1.03% | 1.00% | 1.02% | 1.04% | 1.03% | 1.00% | 0.97% | 1.04% | 1.08% | 1.06% | 1.03% | 1.02% | 1.04% | 0.90% | 1.00% |
MRC Global's average Quarter revenue forecast for Dec 23 based on 2 analysts is $810.52M, with a low forecast of $804.59M, and a high forecast of $816.46M. MRC's average Quarter revenue forecast represents a -8.72% decrease compared to the company's last Quarter revenue of $888.00M (Sep 23).
MRC Global EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $68.00M | $54.00M | $64.00M | $40.00M | $49.00M | $35.00M | $39.00M | $13.00M | $3.00M | $22.00M | $14.00M | $10.00M | $27.00M | $-280.00M | $34.00M | $4.00M | $55.00M |
| Avg Forecast | $17.22M | $18.40M | $18.20M | $17.16M | $16.92M | $17.01M | $16.75M | $15.80M | $15.20M | $16.20M | $16.96M | $37.08M | $16.53M | $18.99M | $18.65M | $33.71M | $62.20M | $34.90M | $32.03M | $30.64M | $26.92M | $27.70M | $25.97M | $15.75M | $21.54M | $22.27M | $23.10M | $78.69M | $33.55M | $36.91M |
| High Forecast | $17.52M | $18.73M | $18.52M | $17.46M | $17.22M | $17.31M | $17.05M | $16.49M | $15.47M | $16.47M | $17.26M | $44.49M | $16.65M | $19.13M | $18.98M | $40.45M | $74.65M | $34.90M | $32.03M | $36.77M | $26.92M | $27.70M | $25.97M | $18.90M | $21.54M | $22.27M | $23.10M | $94.42M | $33.55M | $36.91M |
| Low Forecast | $16.90M | $18.06M | $17.86M | $16.84M | $16.61M | $16.70M | $16.45M | $15.13M | $14.92M | $15.93M | $16.64M | $29.66M | $16.41M | $18.82M | $18.31M | $26.97M | $49.76M | $34.90M | $32.03M | $24.51M | $26.92M | $27.70M | $25.97M | $12.60M | $21.54M | $22.27M | $23.10M | $62.95M | $33.55M | $36.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.58% | 2.89% | 1.90% | 0.64% | 1.40% | 1.09% | 1.27% | 0.48% | 0.11% | 0.85% | 0.89% | 0.46% | 1.21% | -12.12% | 0.43% | 0.12% | 1.49% |
2 analysts predict MRC's average Quarter EBITDA for Dec 23 to be $16.53M, with a high of $16.65M and a low of $16.41M. This is -75.69% lower than MRC Global's previous annual EBITDA (Sep 23) of $68.00M.
MRC Global Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $35.00M | $24.00M | $34.00M | $21.00M | $24.00M | $14.00M | $16.00M | $-4.00M | $-11.00M | $4.00M | $-3.00M | $-5.00M | $3.00M | $-281.00M | $9.00M | $-24.00M | $21.00M |
| Avg Forecast | $24.14M | $33.19M | $33.62M | $27.15M | $23.56M | $26.15M | $26.72M | $20.40M | $11.42M | $16.38M | $21.55M | $15.21M | $10.34M | $31.03M | $32.76M | $13.83M | $-19.14M | $26.57M | $21.74M | $12.57M | $-2.02M | $5.62M | $3.21M | $-3.38M | $-8.96M | $-14.64M | $-17.83M | $20.83M | $5.52M | $11.49M |
| High Forecast | $24.69M | $33.95M | $34.39M | $27.77M | $24.10M | $26.75M | $27.33M | $21.76M | $11.68M | $16.75M | $22.04M | $18.25M | $12.22M | $37.93M | $33.51M | $16.59M | $-15.31M | $26.57M | $21.74M | $15.09M | $-2.02M | $5.62M | $3.21M | $-2.70M | $-8.96M | $-14.64M | $-17.83M | $24.99M | $5.52M | $11.49M |
| Low Forecast | $23.56M | $32.39M | $32.81M | $26.50M | $23.00M | $25.52M | $26.08M | $19.04M | $11.15M | $15.99M | $21.03M | $12.17M | $8.46M | $26.72M | $31.97M | $11.06M | $-22.97M | $26.57M | $21.74M | $10.06M | $-2.02M | $5.62M | $3.21M | $-4.05M | $-8.96M | $-14.64M | $-17.83M | $16.66M | $5.52M | $11.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 0.73% | 2.46% | -1.10% | 0.90% | 0.64% | 1.27% | 1.98% | -1.96% | 1.25% | 0.89% | 0.56% | -0.20% | 15.76% | 0.43% | -4.35% | 1.83% |
MRC Global's average Quarter net income forecast for Dec 23 is $10.34M, with a range of $8.46M to $12.22M. MRC's average Quarter net income forecast represents a -70.45% decrease compared to the company's last Quarter net income of $35.00M (Sep 23).
MRC Global SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $126.00M | $130.00M | $122.00M | $123.00M | $120.00M | $120.00M | $107.00M | $106.00M | $102.00M | $102.00M | $100.00M | $97.00M | $100.00M | $126.00M | $126.00M | $141.00M | $137.00M |
| Avg Forecast | $129.41M | $138.32M | $136.78M | $128.94M | $127.17M | $127.85M | $125.93M | $118.74M | $114.23M | $121.75M | $127.45M | $101.73M | $124.26M | $142.76M | $140.21M | $92.48M | $507.21M | $136.15M | $124.95M | $84.07M | $105.02M | $108.03M | $101.30M | $112.50M | $84.02M | $86.87M | $90.12M | $291.60M | $130.87M | $143.98M |
| High Forecast | $131.69M | $140.76M | $139.18M | $131.21M | $129.41M | $130.11M | $128.15M | $123.95M | $116.24M | $123.76M | $129.69M | $122.07M | $125.17M | $143.76M | $142.68M | $110.97M | $608.65M | $136.15M | $124.95M | $100.89M | $105.02M | $108.03M | $101.30M | $135.00M | $84.02M | $86.87M | $90.12M | $349.92M | $130.87M | $143.98M |
| Low Forecast | $127.02M | $135.77M | $134.25M | $126.56M | $124.83M | $125.50M | $123.61M | $113.76M | $112.12M | $119.75M | $125.10M | $81.38M | $123.35M | $141.44M | $137.63M | $73.98M | $405.77M | $136.15M | $124.95M | $67.26M | $105.02M | $108.03M | $101.30M | $90.00M | $84.02M | $86.87M | $90.12M | $233.28M | $130.87M | $143.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.93% | 1.32% | 0.24% | 0.88% | 0.96% | 1.27% | 1.01% | 0.94% | 1.01% | 0.89% | 1.15% | 1.15% | 1.40% | 0.43% | 1.08% | 0.95% |
MRC Global's average Quarter SG&A projection for Dec 23 is $124.26M, based on 2 Wall Street analysts, with a range of $123.35M to $125.17M. The forecast indicates a -1.38% fall compared to MRC last annual SG&A of $126.00M (Sep 23).
MRC Global EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.34 | $0.21 | $0.33 | $0.18 | $0.22 | $0.10 | $0.12 | $-0.05 | $-0.13 | $0.05 | $-0.04 | $-0.06 | $0.04 | $-3.50 | $0.11 | $-0.37 | $0.18 |
| Avg Forecast | $0.28 | $0.39 | $0.39 | $0.32 | $0.27 | $0.30 | $0.31 | $0.24 | $0.13 | $0.19 | $0.25 | $0.13 | $0.12 | $0.36 | $0.38 | $0.30 | $0.28 | $0.31 | $0.25 | $0.15 | $-0.02 | $0.07 | $0.04 | $-0.08 | $-0.10 | $-0.17 | $-0.21 | $-0.07 | $0.06 | $0.13 |
| High Forecast | $0.29 | $0.39 | $0.40 | $0.32 | $0.28 | $0.31 | $0.32 | $0.25 | $0.14 | $0.19 | $0.26 | $0.13 | $0.14 | $0.44 | $0.39 | $0.31 | $0.29 | $0.31 | $0.25 | $0.15 | $-0.02 | $0.07 | $0.04 | $-0.08 | $-0.10 | $-0.17 | $-0.21 | $-0.07 | $0.06 | $0.13 |
| Low Forecast | $0.27 | $0.38 | $0.38 | $0.31 | $0.27 | $0.30 | $0.30 | $0.22 | $0.13 | $0.19 | $0.24 | $0.12 | $0.10 | $0.31 | $0.37 | $0.30 | $0.27 | $0.31 | $0.25 | $0.15 | $-0.02 | $0.07 | $0.04 | $-0.08 | $-0.10 | $-0.17 | $-0.21 | $-0.07 | $0.06 | $0.13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.55% | 1.08% | 0.64% | 0.72% | 0.40% | 0.78% | 2.08% | -2.05% | 1.30% | 0.45% | 0.59% | -0.22% | 16.96% | -1.56% | -5.79% | 1.35% |
According to 2 Wall Street analysts, MRC Global's projected average Quarter EPS for Dec 23 is $0.12, with a low estimate of $0.10 and a high estimate of $0.14. This represents a -64.71% decrease compared to MRC previous annual EPS of $0.34 (Sep 23).
MRC Global Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| XPRO | Expro Group | $12.94 | $23.33 | 80.29% | Buy |
| OIS | Oil States | $5.36 | $7.50 | 39.93% | Hold |
| NOV | NOV | $16.26 | $20.67 | 27.12% | Buy |
| CHX | ChampionX | $30.70 | $38.33 | 24.85% | Buy |
| MRC | MRC Global | $13.75 | $16.00 | 16.36% | Buy |
| NGS | Natural Gas Services Group | $25.91 | $28.00 | 8.07% | Buy |
| WHD | Cactus | $65.29 | $54.00 | -17.29% | Hold |
| RNGR | Ranger Energy Services | $16.57 | $12.50 | -24.56% | Hold |