North American Energy Partners, Inc. (NYSE:NOA) (TSE:NOA) – Equities research analysts at National Bank Financial issued their Q2 2017 EPS estimates for North American Energy Partners in a research note issued to investors on Wednesday. National Bank Financial analyst M. Sytchev forecasts that the oil and gas company will post earnings per share of ($0.16) for the quarter. National Bank Financial has a “Outperform” rating on the stock.

A number of other research firms have also recently issued reports on NOA. Zacks Investment Research raised shares of North American Energy Partners from a “hold” rating to a “buy” rating and set a $5.25 price target on the stock in a research note on Thursday, May 25th. Canaccord Genuity reiterated a “buy” rating and set a $9.00 price target on shares of North American Energy Partners in a report on Tuesday, May 2nd. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. North American Energy Partners presently has an average rating of “Buy” and a consensus target price of $6.88.

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North American Energy Partners (NOA) opened at 4.25 on Monday. The company has a market capitalization of $117.02 million, a price-to-earnings ratio of 56.67 and a beta of 0.64. North American Energy Partners has a 52-week low of $2.34 and a 52-week high of $5.70. The firm has a 50 day moving average of $4.51 and a 200-day moving average of $4.66.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 7th. Investors of record on Wednesday, May 31st were issued a $0.0147 dividend. The ex-dividend date of this dividend was Friday, May 26th. This represents a $0.06 annualized dividend and a yield of 1.38%. North American Energy Partners’s dividend payout ratio (DPR) is currently 100.00%.

Hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC bought a new stake in shares of North American Energy Partners during the first quarter valued at about $104,000. Renaissance Technologies LLC raised its stake in shares of North American Energy Partners by 45.7% in the first quarter. Renaissance Technologies LLC now owns 1,068,300 shares of the oil and gas company’s stock valued at $5,288,000 after buying an additional 335,040 shares during the period. Morgan Stanley raised its stake in shares of North American Energy Partners by 147.8% in the first quarter. Morgan Stanley now owns 850,366 shares of the oil and gas company’s stock valued at $4,210,000 after buying an additional 507,267 shares during the period. O Shaughnessy Asset Management LLC raised its stake in shares of North American Energy Partners by 82.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 60,592 shares of the oil and gas company’s stock valued at $300,000 after buying an additional 27,292 shares during the period. Finally, Spark Investment Management LLC bought a new stake in shares of North American Energy Partners during the first quarter valued at about $1,880,000. Hedge funds and other institutional investors own 47.71% of the company’s stock.

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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