$0.08 EPS Expected for MRC Global Inc. (MRC)

April 17, 2018 - By Darrin Black

Investors sentiment increased to 1.01 in Q4 2017. Its up 0.01, from 1 in 2017Q3. It is positive, as 24 investors sold MRC Global Inc. shares while 48 reduced holdings. 15 funds opened positions while 58 raised stakes. 87.05 million shares or 1.12% less from 88.03 million shares in 2017Q3 were reported.
Moreover, First Midwest Comml Bank Division has 0.1% invested in MRC Global Inc. (NYSE:MRC). Mackenzie Fincl Corporation stated it has 0.04% in MRC Global Inc. (NYSE:MRC). Vanguard Group Inc Inc invested 0.01% in MRC Global Inc. (NYSE:MRC). Winslow Asset Mngmt stated it has 14,385 shares. Peak6 Investments Lp stated it has 4,125 shares. Gsa Partners Llp reported 54,208 shares or 0.06% of all its holdings. Koch owns 12,810 shares. Great West Life Assurance Can holds 9,854 shares or 0% of its portfolio. Cubist Systematic Strategies Limited Liability reported 0.01% of its portfolio in MRC Global Inc. (NYSE:MRC). 270,014 were accumulated by Federated Pa. Pnc Fin Group Incorporated has invested 0% in MRC Global Inc. (NYSE:MRC). Guggenheim Cap invested 0.01% of its portfolio in MRC Global Inc. (NYSE:MRC). X Mgmt Ltd Co holds 0% or 6,634 shares in its portfolio. Credit Suisse Ag has 0% invested in MRC Global Inc. (NYSE:MRC) for 127,099 shares. State Board Of Administration Of Florida Retirement System has invested 0% in MRC Global Inc. (NYSE:MRC).

Since January 12, 2018, it had 0 buys, and 2 insider sales for $5.62 million activity. Lane Andrew R sold 293,154 shares worth $5.57 million.

Analysts expect MRC Global Inc. (NYSE:MRC) to report $0.08 EPS on May, 2 after the close.MRC’s profit would be $7.38M giving it 58.19 P/E if the $0.08 EPS is correct. After having $-0.01 EPS previously, MRC Global Inc.’s analysts see -900.00 % EPS growth. The stock increased 1.36% or $0.25 during the last trading session, reaching $18.62. About 175,424 shares traded. MRC Global Inc. (NYSE:MRC) has declined 7.82% since April 17, 2017 and is downtrending. It has underperformed by 19.37% the S&P500.

MRC Global Inc. (NYSE:MRC) Ratings Coverage

Among 5 analysts covering MRC Global (NYSE:MRC), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. MRC Global had 8 analyst reports since November 6, 2017 according to SRatingsIntel. The stock has “Buy” rating by Susquehanna on Friday, April 13. The firm has “Buy” rating by Stephens given on Friday, February 16. Stifel Nicolaus maintained it with “Buy” rating and $22.0 target in Tuesday, January 16 report. As per Monday, November 6, the company rating was maintained by Cowen & Co. The stock has “Buy” rating by Susquehanna on Friday, January 12. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, April 16 report. The firm earned “Buy” rating on Sunday, December 10 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 $1.72 billion. The firm supplies products across various markets, such as upstream, midstream, and downstream. It has a 68.96 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.

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

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