MRC Global Inc. (MRC) EPS Estimated At $0.25

September 30, 2018 - By Richard Slagle

Investors sentiment decreased to 0.65 in 2018 Q2. Its down 0.13, from 0.78 in 2018Q1. It dropped, as 16 investors sold MRC Global Inc. shares while 67 reduced holdings. 26 funds opened positions while 28 raised stakes. 86.15 million shares or 1.05% less from 87.06 million shares in 2018Q1 were reported.
Adams Diversified Equity Fund holds 0.03% or 27,700 shares. Thompson Siegel And Walmsley Ltd Liability Co accumulated 275,008 shares. Frontier Cap Mngmt Llc reported 0.39% in MRC Global Inc. (NYSE:MRC). The Ontario – Canada-based Manufacturers Life The has invested 0% in MRC Global Inc. (NYSE:MRC). Barclays Public Limited Company holds 22,107 shares. Alyeska Grp Inc Lp reported 685,612 shares. Bnp Paribas Arbitrage accumulated 6,804 shares. Synovus has invested 0.01% in MRC Global Inc. (NYSE:MRC). Jcic Asset Mgmt reported 144 shares. Point72 Asset Mngmt Lp owns 1.03M shares or 0.09% of their US portfolio. 128,650 were reported by California State Teachers Retirement System. Winslow Asset Mngmt has invested 0.04% in MRC Global Inc. (NYSE:MRC). Barrow Hanley Mewhinney & Strauss Ltd Liability invested in 0.01% or 385,618 shares. Ardevora Asset Mngmt Llp accumulated 1.06% or 1.74 million shares. Northern Tru invested in 0.01% or 1.11M shares.

Since April 18, 2018, it had 0 buys, and 5 insider sales for $19.63 million activity. Another trade for 226,864 shares valued at $4.65M was sold by Lane Andrew R.

Analysts expect MRC Global Inc. (NYSE:MRC) to report $0.25 EPS on November, 1.They anticipate $0.23 EPS change or 1,150.00 % from last quarter’s $0.02 EPS. MRC’s profit would be $22.58M giving it 18.77 P/E if the $0.25 EPS is correct. After having $0.17 EPS previously, MRC Global Inc.’s analysts see 47.06 % EPS growth. The stock increased 1.35% or $0.25 during the last trading session, reaching $18.77. About 769,330 shares traded. MRC Global Inc. (NYSE:MRC) has risen 13.42% since September 30, 2017 and is uptrending. It has underperformed by 2.20% the S&P500.

MRC Global Inc. (NYSE:MRC) Ratings Coverage

Among 4 analysts covering MRC Global (NYSE:MRC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. MRC Global had 6 analyst reports since April 13, 2018 according to SRatingsIntel. JP Morgan maintained MRC Global Inc. (NYSE:MRC) rating on Monday, September 17. JP Morgan has “Overweight” rating and $27 target. The company was maintained on Friday, August 3 by Stifel Nicolaus. The firm has “Buy” rating given on Monday, April 16 by Stifel Nicolaus. Susquehanna maintained MRC Global Inc. (NYSE:MRC) on Friday, April 13 with “Buy” rating. As per Friday, May 4, the company rating was maintained by Stifel Nicolaus.

MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and related services and products to the energy industry in the United States, Canada, and internationally. The company has market cap of $1.70 billion. The firm supplies products across various markets, such as upstream, midstream, and downstream. It has a 32.87 P/E ratio. It offers ball, butterfly, gate, globe, check, diaphragm, needle, and plug valves; and other products, such as lined corrosion resistant piping systems, control valves, valve automation products, and top work components, as well as measurement, steam, and instrumentation products.

Another recent and important MRC Global Inc. (NYSE:MRC) news was published by Prnewswire.com which published an article titled: “MRC Global Announces Third Quarter 2018 Earnings Release and Conference Call Schedule” on September 06, 2018.

MRC Global Inc. (NYSE:MRC) Institutional Positions Chart

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