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 31.15% upside from MRC’s last price of $12.20) 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 31.15% upside from MRC's last price of $12.20.
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% | 31.15% |
| Apr 08, 2024 | Charles Minervino | Susquehanna | $15.00 | $12.56 | 19.43% | 22.95% |
| Jul 08, 2022 | Nathan Jones | Stifel Nicolaus | $16.00 | $10.65 | 50.16% | 31.15% |
| Jun 20, 2022 | Charles Minervino | Susquehanna | $14.00 | $9.37 | 49.41% | 14.75% |
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 31.15% increase from MRC last price ($12.20).
MRC Global Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $15.50 |
| Last Closing Price | $12.20 | $12.20 | $12.20 |
| Upside/Downside | -100.00% | -100.00% | 27.05% |
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 $12.20. 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 | $856.60M | $915.25M | $904.65M | $853.05M | $833.17M | $860.63M | $855.07M | $812.17M | $779.92M | $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 | $856.60M | $915.25M | $904.65M | $853.05M | $833.17M | $860.63M | $855.07M | $812.17M | $779.92M | $794.17M | $831.32M | $760.76M | $816.46M | $937.68M | $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 |
| Low Forecast | $856.60M | $915.25M | $904.65M | $853.05M | $833.17M | $860.63M | $855.07M | $812.17M | $779.92M | $794.17M | $831.32M | $760.76M | $804.59M | $922.56M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 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 | 1 | 1 | 3 | 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 | $33.67M | $35.97M | $35.56M | $33.53M | $32.75M | $33.83M | $33.61M | $31.92M | $30.65M | $31.21M | $32.67M | $37.08M | $31.86M | $36.60M | $35.95M | $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 | $33.67M | $35.97M | $35.56M | $33.53M | $32.75M | $33.83M | $33.61M | $31.92M | $30.65M | $31.21M | $32.67M | $44.49M | $32.09M | $36.85M | $35.95M | $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 | $33.67M | $35.97M | $35.56M | $33.53M | $32.75M | $33.83M | $33.61M | $31.92M | $30.65M | $31.21M | $32.67M | $29.66M | $31.62M | $36.26M | $35.95M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.86% | 1.50% | 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 $31.86M, with a high of $32.09M and a low of $31.62M. This is -53.15% 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 | 1 | 1 | 3 | 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 | $28.08M | $34.56M | $34.56M | $28.51M | $24.48M | $28.80M | $28.51M | $22.46M | $15.12M | $16.42M | $21.60M | $15.21M | $10.37M | $31.10M | $32.83M | $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 | $28.08M | $34.56M | $34.56M | $28.51M | $24.48M | $28.80M | $28.51M | $22.46M | $15.12M | $16.42M | $21.60M | $18.25M | $12.25M | $38.02M | $32.83M | $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 | $28.08M | $34.56M | $34.56M | $28.51M | $24.48M | $28.80M | $28.51M | $22.46M | $15.12M | $16.42M | $21.60M | $12.17M | $8.48M | $26.78M | $32.83M | $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 $10.37M, with a range of $8.48M to $12.25M. MRC's average Quarter net income forecast represents a -70.38% 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 | 1 | 1 | 3 | 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 | $131.32M | $140.32M | $138.69M | $130.78M | $127.73M | $131.94M | $131.09M | $124.51M | $119.57M | $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 | $131.32M | $140.32M | $138.69M | $130.78M | $127.73M | $131.94M | $131.09M | $124.51M | $119.57M | $121.75M | $127.45M | $122.07M | $125.17M | $143.76M | $140.21M | $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 | $131.32M | $140.32M | $138.69M | $130.78M | $127.73M | $131.94M | $131.09M | $124.51M | $119.57M | $121.75M | $127.45M | $81.38M | $123.35M | $141.44M | $140.21M | $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 | 1 | 1 | 3 | 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 | $0.33 | $0.40 | $0.40 | $0.33 | $0.28 | $0.33 | $0.33 | $0.26 | $0.17 | $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 | $0.33 | $0.40 | $0.40 | $0.33 | $0.28 | $0.33 | $0.33 | $0.26 | $0.17 | $0.19 | $0.25 | $0.13 | $0.14 | $0.44 | $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 |
| Low Forecast | $0.33 | $0.40 | $0.40 | $0.33 | $0.28 | $0.33 | $0.33 | $0.26 | $0.17 | $0.19 | $0.25 | $0.13 | $0.10 | $0.31 | $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 |
| 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 | $12.78 | $23.33 | 82.55% | Buy |
| OIS | Oil States | $4.72 | $7.50 | 58.90% | Hold |
| NGS | Natural Gas Services Group | $19.90 | $28.00 | 40.70% | Buy |
| CHX | ChampionX | $28.43 | $38.33 | 34.82% | Buy |
| NOV | NOV | $15.39 | $20.67 | 34.31% | Buy |
| MRC | MRC Global | $12.20 | $16.00 | 31.15% | Buy |
| RNGR | Ranger Energy Services | $13.76 | $12.50 | -9.16% | Hold |
| WHD | Cactus | $61.36 | $54.00 | -11.99% | Hold |
MRC Forecast FAQ
Is MRC Global a good buy?
Yes, according to 1 Wall Street analysts, MRC Global (MRC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of MRC's total ratings.
What is MRC's price target?
MRC Global (MRC) average price target is $16 with a range of $16 to $16, implying a 31.15% from its last price of $12.2. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will MRC Global stock go up soon?
According to Wall Street analysts' prediction for MRC stock, the company can go up by 31.15% (from the last price of $12.2 to the average price target of $16), up by 31.15% based on the highest stock price target, and up by 31.15% based on the lowest stock price target.
Can MRC Global stock reach $20?
MRC's average twelve months analyst stock price target of $16 does not support the claim that MRC Global can reach $20 in the near future.
What are MRC Global's analysts' financial forecasts?
MRC Global's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.36B (high $3.36B, low $3.36B), average EBITDA is $132.1M (high $132.1M, low $132.1M), average net income is $104.26M (high $104.26M, low $104.26M), average SG&A $515.28M (high $515.28M, low $515.28M), and average EPS is $1.21 (high $1.21, low $1.21). MRC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.53B (high $3.53B, low $3.53B), average EBITDA is $138.72M (high $138.72M, low $138.72M), average net income is $125.71M (high $125.71M, low $125.71M), average SG&A $541.11M (high $541.11M, low $541.11M), and average EPS is $1.46 (high $1.46, low $1.46).
Did the MRC's actual financial results beat the analysts' financial forecasts?
Based on MRC Global's last annual report (Dec 2022), the company's revenue was $3.36B, beating the average analysts forecast of $3.29B by 2.13%. Apple's EBITDA was $173M, beating the average prediction of $159.79M by 8.27%. The company's net income was $75M, beating the average estimation of $41.74M by 79.67%. Apple's SG&A was $470M, missing the average forecast of $852.38M by -44.86%. Lastly, the company's EPS was $0.61, missing the average prediction of $0.994 by -38.61%. In terms of the last quarterly report (Sep 2023), MRC Global's revenue was $888M, missing the average analysts' forecast of $931.16M by -4.64%. The company's EBITDA was $68M, beating the average prediction of $36.6M by 85.80%. MRC Global's net income was $35M, beating the average estimation of $31.1M by 12.53%. The company's SG&A was $126M, missing the average forecast of $142.76M by -11.74%. Lastly, the company's EPS was $0.34, missing the average prediction of $0.36 by -5.56%