North American Energy Partners Rating Increased to Neutral at Zacks (NOA)
North American Energy Partners (NYSE:NOA) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued on Wednesday, AR Network reports. The firm currently has a $5.30 price target on the stock. Zacks‘ price target points to a potential upside of 1.92% from the stock’s previous close.
Separately, analysts at Raymond James raised their price target on shares of North American Energy Partners from $4.50 to $5.50 in a research note to investors on Tuesday, August 6th.
Shares of North American Energy Partners (NYSE:NOA) traded up 0.38% during mid-day trading on Wednesday, hitting $5.22. 22,883 shares of the company’s stock traded hands. North American Energy Partners has a 52 week low of $2.77 and a 52 week high of $5.50. The stock has a 50-day moving average of $5.13 and a 200-day moving average of $4.63. The company’s market cap is $189.2 million.
North American Energy Partners (NYSE:NOA) last posted its quarterly earnings results on Thursday, August 1st. The company reported ($0.16) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.06) by $0.10. The company had revenue of $115.05 million for the quarter, compared to the consensus estimate of $142.00 million. On average, analysts predict that North American Energy Partners will post $0.05 earnings per share for the current fiscal year.
North American Energy Partners Inc (NYSE:NOA) provides a range of heavy construction and mining, piling and pipeline installation services to customers in the Canadian oil sands, minerals mining, commercial and public construction and conventional oil and gas markets.
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