North American Construction Group (NOA) Stock Price, News & Analysis

Company Overview

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. It also offers mine management services for thermal coal mines; and construction and operations support services in the Canadian oil sands region. In addition, the company provides fully maintained heavy equipment rentals and full service mine operations support at metallurgical and thermal coal mines; heavy equipment rentals to iron ore, gold and lithium producers; and heavy equipment maintenance, component remanufacturing, and full equipment rebuild services to mining companies and other heavy equipment operators, as well as supplies production-critical components to the mining and construction industry. As of December 31, 2023, it operated a heavy equipment fleet of 900 units. The company was formerly known as North American Energy Partners Inc. and changed its name to North American Construction Group Ltd. in April 2018. North American Construction Group Ltd. was incorporated in 1953 and is headquartered in Acheson, Canada.

Key Stats

• Today's Range: $19.59 to $19.85
• 50-Day Range: $16.80 to $21.05
• 52-Week Range: $16.46 to $25.92
• Volume: 29,943 shs
• Average Volume: 66,423 shs
• Market Capitalization: $525.87 million
• P/E Ratio: 13.61
• Dividend Yield: 1.48%
• Price Target: N/A
• Consensus Rating: Buy

North American Construction Group Stock Analysis - MarketRank™

North American Construction Group scored higher than 73% of companies evaluated by MarketBeat, and ranked 56th out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for North American Construction Group.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 16.49%

Earnings Growth

Earnings for North American Construction Group are expected to grow by 16.49% in the coming year, from $2.79 to $3.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of North American Construction Group is 13.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of North American Construction Group is 13.61, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.64.

Price to Book Value per Share Ratio

North American Construction Group has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.72% of the float of North American Construction Group has been sold short.

Short Interest Ratio / Days to Cover

North American Construction Group has a short interest ratio ("days to cover") of 6.9.

Change versus previous month

Short interest in North American Construction Group has recently increased by 7.03%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

North American Construction Group pays a meaningful dividend of 1.47%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

North American Construction Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of North American Construction Group is 20.14%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, North American Construction Group will have a dividend payout ratio of 8.92% next year. This indicates that North American Construction Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.72% of the float of North American Construction Group has been sold short.

Short Interest Ratio / Days to Cover

North American Construction Group has a short interest ratio ("days to cover") of 6.9.

Change versus previous month

Short interest in North American Construction Group has recently increased by 7.03%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

North American Construction Group has a news sentiment score of 1.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 1 news article for North American Construction Group this week, compared to 2 articles on an average week.

Search Interest

5 people have searched for NOA on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added North American Construction Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, North American Construction Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 9.70% of the stock of North American Construction Group is held by insiders.

Percentage Held by Institutions

74.99% of the stock of North American Construction Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NOA Stock Analysis - Frequently Asked Questions

How have NOA shares performed this year?

North American Construction Group's stock was trading at $20.85 at the beginning of the year. Since then, NOA stock has decreased by 6.0% and is now trading at $19.60.
View the best growth stocks for 2024 here.

How were North American Construction Group's earnings last quarter?

North American Construction Group Ltd. (NYSE:NOA) announced its quarterly earnings results on Thursday, May, 2nd. The oil and gas company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.51 by $0.01. The oil and gas company had revenue of $220.33 million for the quarter, compared to analysts' expectations of $217.28 million. North American Construction Group had a net margin of 4.79% and a trailing twelve-month return on equity of 26.00%.

Who are North American Construction Group's major shareholders?

North American Construction Group's top institutional shareholders include Bank of Montreal Can (8.03%), Polar Asset Management Partners Inc. (6.37%), CIBC Asset Management Inc (4.82%) and National Bank of Canada FI (4.39%).
View institutional ownership trends.

How do I buy shares of North American Construction Group?

Shares of NOA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of North American Construction Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that North American Construction Group investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Berkshire Hathaway (BRK.B), ServiceNow (NOW) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 5/02/2024
• Ex-Dividend for 10/4 Dividend: 8/30/2024
• Dividend Payable: 10/04/2024
• Today: 11/21/2024
• Ex-Dividend for 1/3 Dividend: 11/27/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/03/2025
• Next Earnings (Estimated): 3/12/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Oil & gas field services, not elsewhere classified
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:NOA
• CUSIP: N/A
• CIK: 1272869
• Web: www.nacg.ca
• Phone: (780) 960-7171
• Fax: 780-960-7103
• Employees: 1,730
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.44
• Trailing P/E Ratio: 13.61
• Forward P/E Ratio: 7.03
• P/E Growth: N/A
• Net Income: $46.78 million
• Net Margins: 4.79%
• Pretax Margin: 7.10%
• Return on Equity: 26.00%
• Return on Assets: 6.03%

Debt

• Debt-to-Equity Ratio: 1.85
• Current Ratio: 1.13
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $1.18 billion
• Price / Sales: 0.45
• Cash Flow: $5.38 per share
• Price / Cash Flow: 3.64
• Book Value: $9.88 per share
• Price / Book: 1.98

Miscellaneous

• Outstanding Shares: 26,831,000
• Free Float: 24,228,000
• Market Cap: $525.89 million
• Optionable: Optionable
• Beta: 1.48