Research Analysts Set Expectations for TSE:NOA Q1 Earnings

North American Construction Group Ltd. (TSE:NOA - Free Report) NYSE: NOA - Investment analysts at Raymond James lowered their Q1 2025 earnings estimates for North American Construction Group in a research note issued on Friday, December 6th. Raymond James analyst F. Bastien now anticipates that the company will post earnings of $1.07 per share for the quarter, down from their previous estimate of $1.22. The consensus estimate for North American Construction Group's current full-year earnings is $4.06 per share.

A number of other equities research analysts have also weighed in on the stock. Cibc World Mkts upgraded shares of North American Construction Group from a "hold" rating to a "strong-buy" rating in a report on Thursday. CIBC raised shares of North American Construction Group from a "neutral" rating to an "outperform" rating and boosted their price target for the stock from C$30.00 to C$38.00 in a research note on Thursday. Canaccord Genuity Group raised their price objective on North American Construction Group from C$32.00 to C$33.00 in a research note on Friday. National Bankshares lifted their price objective on North American Construction Group from C$39.00 to C$40.00 and gave the stock an "outperform" rating in a report on Friday, November 1st. Finally, ATB Capital dropped their target price on North American Construction Group from C$40.00 to C$38.00 in a report on Friday, November 1st. Eight research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, North American Construction Group has an average rating of "Buy" and an average price target of C$37.63.

North American Construction Group Price Performance

Shares of TSE:NOA traded up C$0.37 during trading on Monday, reaching C$29.77. The company had a trading volume of 56,970 shares, compared to its average volume of 67,555. North American Construction Group has a 12 month low of C$22.68 and a 12 month high of C$34.87. The company has a current ratio of 1.03, a quick ratio of 0.79 and a debt-to-equity ratio of 210.33. The stock has a market capitalization of C$795.75 million, a P/E ratio of 16.27, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59. The company has a fifty day moving average of C$26.67 and a two-hundred day moving average of C$26.52.

North American Construction Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, January 3rd will be given a $0.12 dividend. This is a positive change from North American Construction Group's previous quarterly dividend of $0.10. The ex-dividend date is Wednesday, November 27th. This represents a $0.48 dividend on an annualized basis and a yield of 1.61%. North American Construction Group's payout ratio is 21.86%.

Insider Activity

In other North American Construction Group news, Director Martin Robert Ferron bought 6,000 shares of the business's stock in a transaction that occurred on Tuesday, November 12th. The stock was bought at an average cost of C$27.98 per share, for a total transaction of C$167,884.20. Insiders purchased 11,900 shares of company stock valued at $320,617 over the last three months. Insiders own 8.93% of the company's stock.

About North American Construction Group

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment - Canada, Heavy Equipment - Australia, and Other segments.