Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from MRC Global ( (MRC) ) is now available.
On September 9, 2025, MRC Global held a special meeting of stockholders to vote on several key proposals, including the approval of a Merger Agreement, executive compensation related to the merger, and the potential adjournment of the meeting to solicit additional votes if necessary. The meeting was attended by stockholders representing a quorum, and all proposals were approved by the required number of votes, indicating strong support for the merger and related actions.
The most recent analyst rating on (MRC) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on MRC Global stock, see the MRC Stock Forecast page.
Spark’s Take on MRC Stock
According to Spark, TipRanks’ AI Analyst, MRC is a Neutral.
MRC Global’s overall stock score reflects a mix of strengths and challenges. The most significant factor is the positive technical analysis, indicating bullish momentum. The earnings call also provides an optimistic outlook with strong revenue growth and strategic initiatives. However, financial performance and valuation concerns, including negative profitability metrics and a lack of dividend yield, weigh on the score. The merger with DNOW Inc. is a notable event but introduces potential risks due to shareholder actions.
To see Spark’s full report on MRC stock, click here.
More about MRC Global
Average Trading Volume: 994,813
Technical Sentiment Signal: Buy
Current Market Cap: $1.28B
See more insights into MRC stock on TipRanks’ Stock Analysis page.