Mrc Global is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker MRC on the NYSE exchange.
Mrc Global stock last closed at $11.69, up 0.95% from the previous day, and has increased 17.37% in one year. It has overperformed other stocks in the Oil & Gas Equipment & Services industry by 0.32 percentage points. Mrc Global stock is currently +23.44% from its 52-week low of $9.47, and -21.6% from its 52-week high of $14.91.
As of Sep 12, 2024, there are 85.24M MRC shares outstanding. The market value of MRC is $996.42M. In the past 24 hours, 552,704 MRC shares were traded.
How to Buy Mrc Global Stock
Wondering how to invest in Mrc Global stock? Here's how.
Figure out where to buy Mrc Global stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Mrc Global stock.
Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Fund your investment account: Select your payment method and add your info.
Research Mrc Global stock: The Mrc Global ticker symbol is MRC. Is Mrc Global stock a good investment? Should you buy shares of MRC? How do MRC's underlying business fundamentals look? Do top analysts think Mrc Global is a good buy? Why has MRC's stock price moved recently? (Hint: Our stock market research tools can help you understand if MRC is a good stock to buy).
Execute your MRC purchase: Decide if you will purchase MRC shares at the current market price or use a limit order to buy MRC stock at a specific price.
Get the latest scoop on your MRC position: Create a watchlist to get live updates on your investment in Mrc Global shares.
Step 1: Figure out where to buy Mrc Global stock
You will need a brokerage account to access the NYSE market and buy MRC shares.
A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Create a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you can invest in MRC stock today.
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Step 4: Research Mrc Global stock
After you have chosen the best place to buy Mrc Global stock, it's crucial to evaluate their stock before you invest, so you truly wrap your head around the risk as well as the upside.
Overview of key MRC info
MRC Price
$11.69
1w %
-4.88%
1y %
17.37%
5y %
-11.77%
P/E
12.31x
P/B
1.91x
P/S
0.3x
PEG
1.61x
Revenue
$3.29B
Earnings
$81.00M
Fore. Rev. Growth
1.48%
Fore. Earn. Growth
7.62%
Market Cap
$996.42M
Next Earnings
Nov 5, 2024
Next Dividend
N/A
Mrc Global Fundamentals
WallStreetZen was built to help average investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on MRC's stock page.
Is MRC stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge MRC's true value.
Using relative valuations methods:
MRC may be overvalued based on its P/E ratio of 12.31x, relative to Oil & Gas Equipment & Services industry P/E ratio of 11.11x
MRC could be undervalued based on its P/B ratio of 1.91x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.23x
MRC could be overvalued based on its PEG ratio of 1.61x
You can access additional valuation research on MRC's stock here.
Is MRC a healthy company?
Positive Health Checks:
There are more short-term assets than long-term liabilities on the MRC balance sheet.
MRC profit margin has gone up from 2.2% to 2.5% in the past year.
MRC's operating cash flow of $292.00M allows it to safely service it's debt of $361.00M.
There are more short-term assets than short-term liabilities on the MRC balance sheet.
MRC earnings of $171.00M is not enough to cover its interest payments.
Total MRC debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
MRC has a relatively high debt to equity ratio of 2.42.
Is it a good time to buy Mrc Global stock, according to analysts?
Out of 1 Equities analysts who research MRC, the consensus analyst rating on Mrc Global is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Last year, MRC earnings were $81.00M. During the past five year, MRC's earnings have gone up by 9.63% per year. This was slower than the Oil & Gas Equipment & Services industry average of 59.2%.
Last year, MRC revenue was $3.29B. Over the past 5 year, MRC's revenue has increased by -3.97% per year. This was slower than the Oil & Gas Equipment & Services industry average of 7.49%.
No, Mrc Global doesn't provide an income stream by paying out dividends.
What others are saying about MRC
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Step 5: Execute your MRC purchase
You have two primary types of orders:
Market order: A market order is an order to buy or sell a stock at the best available price. Market orders are generally fine.
Limit order: A limit order enables you to buy or sell a security at a specific price (or better). If you want to be certain you're buying or selling at a specific price, use a limit order.
Press the Open button and your broker will place the order.
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How much does it cost to buy one Mrc Global share?
As of Sep 12, 2024, it costs $11.69 to buy one share of Mrc Global stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.428 shares of MRC.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.