Mrc Global Stock Buy Hold or Sell Recommendation
| MRC Stock | USD 11.51 0.08 0.70% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding MRC Global is 'Strong Sell'. Macroaxis provides MRC Global buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MRC positions. The advice algorithm takes into account all of MRC Global's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting MRC Global's buy or sell advice are summarized below:
Real Value 11.87 | Target Price 14 | Hype Value 11.57 | Market Value 11.51 | Naive Value 11.74 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell MRC Global given historical horizon and risk tolerance towards MRC Global. When Macroaxis issues a 'buy' or 'sell' recommendation for MRC Global, the advice is generated through an automated system that utilizes algorithms and statistical models.
MRC |
Execute MRC Global Buy or Sell Advice
The MRC recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MRC Global. Macroaxis does not own or have any residual interests in MRC Global or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MRC Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
MRC Global Trading Alerts and Improvement Suggestions
| MRC Global is unlikely to experience financial distress in the next 2 years | |
| MRC Global has a strong financial position based on the latest SEC filings | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Earnings Preview MRC Global Q1 Earnings Expected to Decline |
MRC Global Returns Distribution Density
The distribution of MRC Global's historical returns is an attempt to chart the uncertainty of MRC Global's future price movements. The chart of the probability distribution of MRC Global daily returns describes the distribution of returns around its average expected value. We use MRC Global price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MRC Global returns is essential to provide solid investment advice for MRC Global.
| Mean Return | 0.13 | Value At Risk | -3.05 | Potential Upside | 2.63 | Standard Deviation | 2.26 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MRC Global historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
MRC Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as MRC Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MRC Global backward and forwards among themselves. MRC Global's institutional investor refers to the entity that pools money to purchase MRC Global's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2023-12-31 | 1.8 M | Kennedy Capital Management Inc | 2023-12-31 | 1.5 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.4 M | Philosophy Capital Management Llc | 2023-12-31 | 1.4 M | Goldman Sachs Group Inc | 2023-12-31 | 1.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.3 M | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 1.2 M | Royce & Associates, Lp | 2023-12-31 | 1.1 M | Renaissance Technologies Corp | 2023-12-31 | 947.6 K | Vanguard Group Inc | 2023-12-31 | 9 M | Pzena Investment Management, Llc | 2023-12-31 | 7 M |
MRC Global Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 20M | 18M | 11M | 10M | 15M | 20.4M | |
| Net Income | 39M | (274M) | (14M) | 75M | 114M | 119.7M | |
| Change To Inventory | 95M | 173M | (27M) | (196M) | 16M | 25.1M | |
| End Period Cash Flow | 48M | 43M | 32M | 119M | 131M | 137.6M | |
| Change To Netincome | 21M | 17M | 73M | 75M | 86.3M | 64.1M | |
| Change In Cash | (11M) | 87M | (71M) | (16M) | 99M | 104.0M | |
| Free Cash Flow | (31M) | 224M | 250M | 46M | 166M | 121.2M | |
| Depreciation | 63M | 46M | 43M | 39M | 40M | 50.5M | |
| Other Non Cash Items | 11M | 278M | 78M | 70M | 9M | 8.6M | |
| Change Receivables | 127M | 141M | (61M) | (128M) | (147.2M) | (139.8M) | |
| Net Borrowings | (133M) | (167M) | (87M) | 43M | 49.5M | 51.9M | |
| Investments | (16M) | 19M | (7M) | (11M) | (13M) | (12.4M) |
MRC Global Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to MRC Global or Trading Companies & Distributors sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that MRC Global's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a MRC stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.13 | |
β | Beta against NYSE Composite | -0.19 | |
σ | Overall volatility | 2.27 | |
Ir | Information ratio | 0.03 |
MRC Global Volatility Alert
MRC Global has relatively low volatility with skewness of 3.13 and kurtosis of 18.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MRC Global's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MRC Global's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.MRC Global Fundamentals Vs Peers
Comparing MRC Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze MRC Global's direct or indirect competition across all of the common fundamentals between MRC Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as MRC Global or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of MRC Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing MRC Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MRC Global to competition |
| Fundamentals | MRC Global | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0618 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 1.71 B | 16.62 B |
| Shares Outstanding | 85.21 M | 571.82 M |
| Shares Owned By Insiders | 2.05 % | 10.09 % |
| Shares Owned By Institutions | 95.17 % | 39.21 % |
| Number Of Shares Shorted | 1.11 M | 4.71 M |
| Price To Earning | 37.32 X | 28.72 X |
| Price To Book | 2.11 X | 9.51 X |
| Price To Sales | 0.30 X | 11.42 X |
| Revenue | 3.41 B | 9.43 B |
| Gross Profit | 610 M | 27.38 B |
| EBITDA | 227 M | 3.9 B |
| Net Income | 114 M | 570.98 M |
| Cash And Equivalents | 29 M | 2.7 B |
| Cash Per Share | 0.35 X | 5.01 X |
| Total Debt | 521 M | 5.32 B |
| Debt To Equity | 0.77 % | 48.70 % |
| Current Ratio | 1.91 X | 2.16 X |
| Book Value Per Share | 5.79 X | 1.93 K |
| Cash Flow From Operations | 181 M | 971.22 M |
| Short Ratio | 2.20 X | 4.00 X |
| Earnings Per Share | 1.05 X | 3.12 X |
| Price To Earnings To Growth | 9.89 X | 4.89 X |
| Target Price | 15.3 | |
| Number Of Employees | 2.8 K | 18.84 K |
| Beta | 2.01 | -0.15 |
| Market Capitalization | 973.91 M | 19.03 B |
| Total Asset | 1.89 B | 29.47 B |
| Retained Earnings | (678 M) | 9.33 B |
| Working Capital | 372 M | 1.48 B |
Note: Acquisition by Silvers Daniel B. of 1150 shares of MRC Global subject to Rule 16b-3 [view details]
MRC Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MRC . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About MRC Global Buy or Sell Advice
When is the right time to buy or sell MRC Global? Buying financial instruments such as MRC Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 76M | 66M | 95M | 108.4M | Total Assets | 1.7B | 1.9B | 1.9B | 2.0B |
Use Investing Ideas to Build Portfolios
In addition to having MRC Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Money Funds Thematic Idea Now
Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 31 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Funds Theme or any other thematic opportunities.
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Check out MRC Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for MRC Stock analysis
When running MRC Global's price analysis, check to measure MRC Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MRC Global is operating at the current time. Most of MRC Global's value examination focuses on studying past and present price action to predict the probability of MRC Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MRC Global's price. Additionally, you may evaluate how the addition of MRC Global to your portfolios can decrease your overall portfolio volatility.
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Is MRC Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MRC Global. If investors know MRC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MRC Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Earnings Share 1.05 | Revenue Per Share 40.523 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0618 |
The market value of MRC Global is measured differently than its book value, which is the value of MRC that is recorded on the company's balance sheet. Investors also form their own opinion of MRC Global's value that differs from its market value or its book value, called intrinsic value, which is MRC Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MRC Global's market value can be influenced by many factors that don't directly affect MRC Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MRC Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MRC Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MRC Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.