
MRC Global (MRC) Stock Forecast & Price Target
MRC Global (MRC) Analyst Ratings
Bulls say
MRC Global Inc has experienced significant growth in its U.S. chemicals backlog, which rose by 32% year-over-year, indicating strong demand and a targeted strategy to capture market share. The company's overall backlog also rose sequentially by 8% in the first quarter of 2025, reaching $603 million and showcasing continuous expansion across all sectors. Additionally, international revenue demonstrated robust performance, increasing by 10% year-over-year, including a 12.2% organic growth, reflecting the company's successful global strategy.
Bears say
MRC Global Inc experienced a notable decline in sales across key sectors, with Downstream, Industrial & Energy Transition (DIET) sector sales dropping to $220 million in 1Q25, an 18% decrease from 1Q24, while Production & Transmission Infrastructure (PTI) sector sales fell by 11% to $219 million in the same period. Adjusted operating income also reflected a troubling trend, decreasing to $7 million, or 1.2% of sales, in 1Q25, compared to $34 million, or 5.1% of sales, in the prior year. This combination of decreased sales and significantly reduced profitability points to underlying challenges for MRC Global, contributing to a negative outlook on its stock.
This aggregate rating is based on analysts' research of MRC Global and is not a guaranteed prediction by Public.com or investment advice.
MRC Global (MRC) Analyst Forecast & Price Prediction
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