FY2017 EPS Estimates for North American Energy Partners Inc. Raised by Analyst (NOA)
North American Energy Partners Inc. (TSE:NOA) (NYSE:NOA) – Equities research analysts at National Bank Financial lifted their FY2017 earnings per share (EPS) estimates for shares of North American Energy Partners in a research report issued on Wednesday. National Bank Financial analyst M. Sytchev now expects that the company will earn $0.28 per share for the year, up from their prior estimate of $0.24. National Bank Financial currently has a “Outperform” rating and a $9.00 target price on the stock. National Bank Financial also issued estimates for North American Energy Partners’ FY2018 earnings at $0.52 EPS.
NOA has been the subject of several other research reports. BMO Capital Markets reissued an “outperform” rating and set a C$8.00 price objective on shares of North American Energy Partners in a research report on Friday, January 27th. Raymond James Financial, Inc. raised their price objective on North American Energy Partners from C$5.00 to C$9.00 and gave the company an “outperform” rating in a research report on Friday, January 27th.
North American Energy Partners (TSE:NOA) opened at 6.41 on Monday. The firm’s 50-day moving average is $6.46 and its 200 day moving average is $5.74. North American Energy Partners has a 12-month low of $2.74 and a 12-month high of $7.48.
In other news, insider North American Energy Partners acquired 7,500 shares of the stock in a transaction on Monday, April 17th. The stock was acquired at an average price of C$6.45 per share, with a total value of C$48,375.00. Also, Director Martin Robert Ferron sold 30,000 shares of the firm’s stock in a transaction on Thursday, February 23rd. The shares were sold at an average price of C$7.23, for a total value of C$216,900.00. Insiders have acquired 819,100 shares of company stock valued at $5,478,910 in the last three months.
North American Energy Partners Company Profile
North American Energy Partners Inc provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors within Western Canada. The Company’s operating divisions include Heavy Construction and Mining; Industrial, and Tailings & Environmental Construction.
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