North American Construction Group Ltd. (TSE:NOA) Receives C$30.06 Consensus PT from Analysts

Shares of North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) have earned a consensus rating of “Hold” from the eight analysts that are covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$28.06.

Several brokerages recently issued reports on NOA. CIBC decreased their price target on North American Construction Group from C$22.00 to C$20.00 in a report on Wednesday. TD Securities cut their price objective on shares of North American Construction Group from C$21.00 to C$19.00 and set a “hold” rating on the stock in a report on Friday, December 19th. BMO Capital Markets reduced their target price on shares of North American Construction Group from C$27.00 to C$25.00 in a research note on Friday, October 10th. National Bankshares set a C$28.00 target price on shares of North American Construction Group and gave the company an “outperform” rating in a report on Monday, December 22nd. Finally, ATB Capital set a C$26.00 price target on shares of North American Construction Group and gave the stock a “sector perform” rating in a report on Thursday, October 23rd.

North American Construction Group Trading Up 1.4%

NOA opened at C$18.98 on Wednesday. North American Construction Group has a fifty-two week low of C$16.78 and a fifty-two week high of C$31.67. The firm has a market capitalization of C$551.84 million, a PE ratio of 14.94, a P/E/G ratio of 0.79 and a beta of 0.42. The company has a debt-to-equity ratio of 212.25, a current ratio of 1.13 and a quick ratio of 0.79. The company’s 50-day moving average is C$19.78 and its 200 day moving average is C$20.34.

North American Construction Group (TSE:NOA) (NYSE:NOA) last issued its quarterly earnings data on Wednesday, November 12th. The company reported C$0.67 EPS for the quarter. North American Construction Group had a return on equity of 15.24% and a net margin of 4.80%.The firm had revenue of C$317.25 million during the quarter. As a group, research analysts predict that North American Construction Group will post 4.0597484 earnings per share for the current fiscal year.

North American Construction Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Friday, January 9th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Wednesday, November 26th. North American Construction Group’s payout ratio is presently 37.80%.

About North American Construction Group

North American Construction Group Ltd is Canada’s provider of heavy civil construction and mining contractors. The company has provided services to the oil, natural gas and resource companies.