North American Construction Group Ltd. (TSE:NOA) Receives Consensus Rating of “Hold” from Analysts

Shares of North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) have been assigned an average rating of “Hold” from the eight analysts that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$28.06.

Several brokerages have issued reports on NOA. BMO Capital Markets dropped their price objective on North American Construction Group from C$27.00 to C$25.00 in a report on Friday, October 10th. TD Securities decreased their price target on North American Construction Group from C$21.00 to C$19.00 and set a “hold” rating on the stock in a research note on Friday, December 19th. CIBC reduced their price target on shares of North American Construction Group from C$22.00 to C$20.00 in a research report on Tuesday, December 30th. 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, ATB Capital set a C$26.00 price target on shares of North American Construction Group and gave the company a “sector perform” rating in a research report on Thursday, October 23rd.

North American Construction Group Stock Performance

TSE:NOA opened at C$21.71 on Friday. North American Construction Group has a fifty-two week low of C$16.78 and a fifty-two week high of C$31.22. The company has a debt-to-equity ratio of 212.25, a quick ratio of 0.79 and a current ratio of 1.13. The company has a 50 day moving average price of C$19.73 and a 200 day moving average price of C$20.03. The stock has a market capitalization of C$631.22 million, a P/E ratio of 17.09, a PEG ratio of 0.79 and a beta of 0.44.

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

North American Construction Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, January 9th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, November 26th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.2%. North American Construction Group’s dividend payout ratio (DPR) is presently 37.80%.

North American Construction Group Company Profile

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.