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MRC Global (MRC)

(Delayed Data from NYSE)

$12.18 USD

12.18
481,350

-0.08 (-0.65%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $12.19 +0.01 (0.08%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value A Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 16% (210 out of 250)

Industry: Steel - Pipe and Tube

Better trading starts here.

Zacks News

Packaging Corp (PKG) Gains From Strong Demand Amid Higher Costs

Packaging Corp (PKG) benefits from solid demand for packaging products and price-increase actions across its segments despite supply chain challenges and inflationary cost pressure.

MRC Global (MRC) Misses Q2 Earnings Estimates

MRC (MRC) delivered earnings and revenue surprises of -6.90% and 0.09%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

O-I Glass (OI) Completes $1.5B Portfolio Optimization Plan

O-I Glass (OI) concludes the Portfolio Optimization program that entails exiting non-core operations and investing in its core business and generated $1.5 billion in proceeds.

Manitowoc's (MTW) Earnings & Revenues Miss Estimates in Q2

Manitowoc's (MTW) earnings decline year over year in Q2, while its backlog remains elevated due to ongoing supply chain challenges.

Mueller Water Products (MWA) Q3 Earnings and Revenues Lag Estimates

Mueller Water Products (MWA) delivered earnings and revenue surprises of -5% and 0.42%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Terex (TEX) Q2 Earnings Beat Estimates, Raises FY22 View

Terex (TEX) delivers year-over-year improvement in Q2 earnings on strong demand. The company raises its earnings guidance for 2022, backed by the robust performance so far this year.

Astec (ASTE) Q2 Earnings Lag Estimates, Revenues Up Y/Y

Astec (ASTE) Q2 top line improves year over year on increased equipment and parts sales in both the segments in the domestic market, while the bottom line is hurt by inflationary pressures.

Ball Corp (BALL) Q2 Earnings Miss, Sales Beat Estimates

Ball Corp's (BALL) Q2 revenues gain year on year, and the company witnesses a 3.3% rise in global beverage can shipments.

What's in the Offing for Plug Power (PLUG) in Q2 Earnings?

Expanding customer base and increase in hydrogen installations are likely to have aided Plug Power's (PLUG) Q2 performance, partly offset by cost inflation.

Emerson (EMR) to Report Q3 Earnings: What's in the Cards?

Emerson's (EMR) third-quarter fiscal 2022 earnings are likely to have benefited from its acquired assets. However, supply-chain challenges might have hurt the performance.

MRC Global (MRC) is a Great Momentum Stock: Should You Buy?

Does MRC Global (MRC) have what it takes to be a top stock pick for momentum investors? Let's find out.

O-I Glass (OI) Beats Q2 Earnings Estimates, Hikes '22 View

O-I Glass' (OI) Q2 earnings benefit from higher selling prices and improved operating and cost performance.

DraftKings (DKNG) to Report Q2 Earnings: What's in Store?

DraftKings' (DKNG) second-quarter 2022 performance is likely to have benefited from the robust demand for mobile sports betting and expansion efforts in new states.

What's in Store for Icahn Enterprises (IEP) in Q2 Earnings?

Impressive performance of the Energy and Home Fashion segment is likely to have aided Icahn Enterprises' (IEP) Q2 performance. High raw material and freight costs might have weighed on the bottom line.

Sealed Air (SEE) Q2 Earnings Beat Estimates, Sales Miss

Sealed Air's (SEE) Q2 earnings and revenues both improve year on year. The company maintains its top and bottom-line expectations for 2022.

Caterpillar (CAT) Q2 Earnings Beat Estimates, Increase Y/Y

Caterpillar's (CAT) second-quarter 2022 results benefit from healthy demand across most of its segments and higher pricing that helped offset the impact of inflated costs.

What Awaits Warner Bros. Discovery (WBD) in Q2 Earnings?

Warner Bros. Discovery's (WBD) Q2 results are expected to reflect benefits from a solid content portfolio and slow yet steady advertising revenues.

NortonLifeLock (NLOK) to Report Q1 Earnings: What's in Store?

Though the heightened IT security demand amid the hybrid work environment is likely to have benefited NortonLifeLock's (NLOK) Q1 performance, forex headwinds might have hurt sales and earnings growth.

Ball Corp (BALL) to Report Q2 Earnings: What's in Store?

Ball Corporation's (BALL) Q2 results are likely to reflect the strong global beverage-can demand and its efforts to improve its efficiency and cut down costs.

Cumulus Media (CMLS) to Report Q2 Earnings: What's in Store?

Cumulus Media's (CMLS) Q2 performance is expected to have been aided by growth in digital business and demand for podcasting content amid tepid demand for advertising solutions.

MRC Global (MRC) Earnings Expected to Grow: Should You Buy?

MRC (MRC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Wall Street Analysts See a 29% Upside in MRC (MRC): Can the Stock Really Move This High?

The average of price targets set by Wall Street analysts indicates a potential upside of 29.1% in MRC (MRC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Paramount Global (PARA) to Report Q2 Earnings: What's in Store?

Paramount Global's (PARA) Q2 performance is expected to have been aided by growth in viewership, driven by strength in streaming services, including Paramount+ amid tepid advertiser demand.

Eshani Haque headshot

4 Industrial Stocks Poised to Trump Q2 Earnings Estimates

End-market strength is likely to have aided the second-quarter 2022 performances of MRC Global (MRC), Xylem (XYL), Zebra Technologies (ZBRA) and Eaton (ETN), partly offset by supply chain woes.

Factors to Note Ahead of Atlassian's (TEAM) Q4 Earnings

Atlassian's (TEAM) Q4 results are likely to reflect the rising demand for cloud solutions and the massive digitalization of work by organizations.