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MRC Global (MRC) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MRC Stock Forecast

MRC Global (MRC) stock forecast, based on 1 Wall Street analysts, predicts a 12-month average price target of $16.00, with a high of $16.00 and a low of $16.00. This represents a 7.67% increase from the last price of $14.86.

$11 $12 $13 $14 $15 $16 High: $16 Avg: $16 Low: $16 Last Closed Price: $14.86

MRC Stock Rating

MRC Global stock's rating consensus is Buy, based on 1 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 1 0 1 Strong Sell Sell Hold Buy Strong Buy

MRC Forecast vs Benchmarks

TypeNameUpside
StockMRC Global7.67%
SectorEnergy Stocks 25.44%
IndustryOil & Gas Equipment & Services Stocks20.00%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$15.50
Last Closing Price$14.86$14.86$14.86
Upside/Downside--4.31%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-4---4
Dec, 24-4---4
Nov, 24275--14
Oct, 24275--14
Sep, 24275--14
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 10, 2024Charles MinervinoSusquehanna$16.00$12.8624.42%7.67%
Apr 08, 2024Charles MinervinoSusquehanna$15.00$12.5619.43%0.94%
Jul 08, 2022Nathan JonesStifel Nicolaus$16.00$10.6650.09%7.67%
Jun 20, 2022Charles MinervinoSusquehanna$14.00$9.3749.41%-5.79%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
May 10, 2024SusquehannaPositivePositivehold
Apr 08, 2024SusquehannaPositivePositivehold
Jun 20, 2022SusquehannaPositivePositivehold

Financial Forecast

EPS Forecast

$-4 $-3 $-2 $-1 $0 $1 $2 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-3.34$-0.47$0.61$1.07-----
Avg Forecast$-0.27$-0.11$1.15$0.98$0.79$1.04$1.27$1.38$1.66
High Forecast$-0.27$-0.11$1.13$0.95$0.78$0.96$1.12$1.36$1.63
Low Forecast$-0.26$-0.11$1.16$1.01$0.80$1.10$1.35$1.40$1.68
Surprise %1137.04%327.27%-46.96%9.18%-----

Revenue Forecast

$3B $3B $3B $3B $4B $4B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.56B$2.67B$3.36B$3.41B-----
Avg Forecast$2.53B$2.67B$3.37B$3.45B$3.16B$3.20B$3.38B$3.42B$3.58B
High Forecast$2.52B$2.65B$3.33B$3.44B$3.12B$3.16B$3.34B$3.38B$3.54B
Low Forecast$2.54B$2.68B$3.39B$3.49B$3.20B$3.23B$3.42B$3.46B$3.62B
Surprise %1.22%0.04%-0.10%-1.23%-----

Net Income Forecast

$-500M $-360M $-220M $-80M $60M $200M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-274.00M$-39.00M$75.00M$114.00M-----
Avg Forecast$-386.75M$-22.43M$-8.38M$90.00M$67.70M$89.67M$105.57M$117.89M$141.93M
High Forecast$-473.96M$-28.67M$-17.02M$-2.77M$66.72M$82.24M$95.81M$116.18M$139.75M
Low Forecast$-299.54M$-16.18M$257.71K$182.77M$68.68M$93.86M$115.84M$119.60M$143.87M
Surprise %-29.15%73.91%-994.61%26.67%-----

MRC Forecast FAQ

Is MRC Global stock a buy?

MRC Global stock has a consensus rating of Buy, based on 1 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that MRC Global is a favorable investment for most analysts.

What is MRC Global's price target?

MRC Global's price target, set by 1 Wall Street analysts, averages $16 over the next 12 months. The price target range spans from $16 at the low end to $16 at the high end, suggesting a potential 7.67% change from the previous close price of $14.86.

How does MRC Global stock forecast compare to the average forecast of its sector, industry, and investment themes?

MRC Global stock forecast shows a 7.67% upside, underperforming the average forecast for the energy stocks sector (25.44%) and underperforming the oil & gas equipment & services stocks industry (20.00%).

What is the breakdown of analyst ratings for MRC Global over the past three months?

  • January 2025: 0% Strong Buy, 100.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 100.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 14.29% Strong Buy, 50.00% Buy, 35.71% Hold, 0% Sell, 0% Strong Sell.

What is MRC Global’s EPS forecast?

MRC Global's average annual EPS forecast for its fiscal year ending in December is 0.79 for 2024, a -26.17% decrease from the reported $1.07 in 2023. The prediction for 2025 is $1.04, $1.27 for 2026, $1.38 for 2027, and $1.66 for 2028.

What is MRC Global’s revenue forecast?

MRC Global's average annual revenue forecast for its fiscal year ending in December is $3.16B for 2024, a -7.33% decrease from the reported $3.41B in 2023. The forecast for 2025 is $3.2B, $3.38B for 2026, $3.42B for 2027, and $3.58B for 2028.

What is MRC Global’s net income forecast?

For its fiscal year ending in December, MRC Global's average annual net income forecast is $67.7M for 2024, reflecting a -40.61% decrease from the reported $114M in 2023. The projection for 2025 is $89.68M, $105.57M for 2026, $117.89M for 2027, and $141.93M for 2028.