North American Construction Group (NYSE:NOA - Get Free Report) TSE: NOA posted its quarterly earnings results on Wednesday. The oil and gas company reported $0.59 earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by ($0.14), Zacks reports. North American Construction Group had a return on equity of 26.00% and a net margin of 4.79%. The firm had revenue of $212.35 million for the quarter, compared to analysts' expectations of $217.60 million. North American Construction Group updated its FY 2025 guidance to 2.650-2.860 EPS.
North American Construction Group Stock Performance
NOA traded down $0.47 during midday trading on Friday, reaching $16.11. The company's stock had a trading volume of 105,289 shares, compared to its average volume of 64,289. The stock has a market cap of $447.40 million, a P/E ratio of 11.18 and a beta of 1.42. The company has a fifty day simple moving average of $18.48 and a 200 day simple moving average of $19.17. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 1.85. North American Construction Group has a twelve month low of $15.09 and a twelve month high of $23.71.
North American Construction Group Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Thursday, March 13th will be issued a $0.084 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date of this dividend is Thursday, March 13th. North American Construction Group's dividend payout ratio (DPR) is currently 28.70%.
Analysts Set New Price Targets
A number of brokerages recently weighed in on NOA. CIBC raised North American Construction Group from a "neutral" rating to a "sector outperform" rating in a research note on Thursday, December 5th. Cibc World Mkts raised North American Construction Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, December 5th. Finally, Raymond James raised North American Construction Group from a "moderate buy" rating to a "strong-buy" rating in a report on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy".
Read Our Latest Research Report on North American Construction Group
North American Construction Group Company Profile
(
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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.
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