Analyst Ratings for MRC Global Inc. (MRC)Updated: 2017-07-27
Shares of MRC Global Inc. (NYSE:MRC) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for MRC last month.
14 analysts issued ratings on the stock, where 7 gave MRC a buy rating, 2 issued an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for MRC. The highest price target was 25, implying a possible profit of 53.75 percent. The lowest price target was 17, implying potential capital losses of 4.55 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 25 percent on average, compared to last month. That number becomes 187.5 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 202.38 percent.
People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 3 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, MRC hit 22.52 at the highest peak, while it's lowest trading point was 11.50. Today's price is 41.39 percent above the 52-week low, and 27.8 percent lower than its 52-week high. MRC has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The MRC value stock report compares MRC to some of its peers using value stock charts. The market cap of MRC is $1.55 billion. MRC's next earnings release will be on 0000-00-00, which is days away.