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Here's Why MRC Global (MRC) is a Strong Growth Stock

Zacks Equity Research
·2-min read

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.

Why This 1 Growth Stock Should Be On Your Watchlist

Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

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MRC Global (MRC)

Houston, TX-based MRC Global Inc. is one of the leading distributors of pipes, valves and fittings (PVF), and related products and services. The company’s products are used across upstream, midstream and downstream sectors of the oil and gas industry.

MRC boasts a Growth Style Score of A and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 266.7% year-over-year for 2022, while Wall Street anticipates its top line to improve by 24.2%.

One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2022. The Zacks Consensus Estimate has increased $0.18 to $0.99 per share. MRC boasts an average earnings surprise of 103%.

Looking at cash flow, MRC Global is expected to report cash flow growth of 31.4% this year; MRC has generated cash flow growth of 8.8% over the past three to five years.

Investors should take the time to consider MRC for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.


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Zacks Investment Research