North American Construction Group (TSE:NOA) Upgraded at Roth Mkm

North American Construction Group (TSE:NOA) (NYSE:NOA) was upgraded by research analysts at Roth Mkm to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.

NOA has been the subject of a number of other reports. ATB Capital set a C$26.00 price target on North American Construction Group and gave the company a “sector perform” rating in a report on Thursday, October 23rd. CIBC lowered their price objective on shares of North American Construction Group from C$22.00 to C$20.00 in a research report on Tuesday, December 30th. TD Securities dropped their target price on shares of North American Construction Group from C$21.00 to C$19.00 and set a “hold” rating for the company in a research note on Friday, December 19th. National Bankshares set a C$28.00 target price on shares of North American Construction Group and gave the stock an “outperform” rating in a research report on Monday, December 22nd. Finally, BMO Capital Markets decreased their price target on shares of North American Construction Group from C$27.00 to C$25.00 in a research note on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$28.06.

North American Construction Group Price Performance

North American Construction Group stock opened at C$21.00 on Thursday. The business has a 50 day simple moving average of C$20.12 and a 200 day simple moving average of C$19.93. 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 has a market capitalization of C$610.58 million, a PE ratio of 16.54, a price-to-earnings-growth ratio of 0.79 and a beta of 0.35. North American Construction Group has a one year low of C$16.78 and a one year high of C$27.68.

North American Construction Group (TSE:NOA) (NYSE:NOA) last released its quarterly earnings results on Wednesday, November 12th. The company reported C$0.67 EPS for the quarter. The firm had revenue of C$317.25 million for the quarter. North American Construction Group had a net margin of 4.80% and a return on equity of 15.24%. On average, sell-side analysts forecast that North American Construction Group will post 4.0597484 EPS for the current fiscal year.

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.