North American Construction Group (TSE:NOA - Get Free Report) NYSE: NOA will issue its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of C$1.10 per share for the quarter.
North American Construction Group (TSE:NOA - Get Free Report) NYSE: NOA last posted its quarterly earnings results on Wednesday, July 31st. The company reported C$0.85 EPS for the quarter, topping analysts' consensus estimates of C$0.79 by C$0.06. The firm had revenue of C$276.31 million for the quarter, compared to analysts' expectations of C$314.61 million. North American Construction Group had a net margin of 4.99% and a return on equity of 15.19%.
North American Construction Group Trading Down 2.3 %
Shares of TSE NOA traded down C$0.55 during mid-day trading on Wednesday, reaching C$23.60. The company had a trading volume of 37,655 shares, compared to its average volume of 66,472. The business's 50-day moving average is C$25.25 and its 200-day moving average is C$26.86. 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 cap of C$630.83 million, a price-to-earnings ratio of 12.90, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59. North American Construction Group has a 52 week low of C$22.68 and a 52 week high of C$34.87.
North American Construction Group Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, August 30th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date was Friday, August 30th. North American Construction Group's payout ratio is presently 21.86%.
Analyst Ratings Changes
NOA has been the topic of a number of research analyst reports. TD Securities cut their price target on shares of North American Construction Group from C$34.00 to C$33.00 and set a "buy" rating on the stock in a report on Friday, August 2nd. Ventum Financial dropped their target price on shares of North American Construction Group from C$52.00 to C$47.00 and set a "buy" rating on the stock in a report on Friday, August 2nd. ATB Capital dropped their target price on shares of North American Construction Group from C$45.00 to C$40.00 in a report on Friday, August 2nd. National Bankshares dropped their target price on shares of North American Construction Group from C$47.00 to C$39.00 and set an "outperform" rating on the stock in a report on Friday, August 2nd. Finally, Raymond James dropped their target price on shares of North American Construction Group from C$40.00 to C$35.00 and set an "outperform" rating on the stock in a report on Friday, August 2nd. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of C$36.13.
Read Our Latest Stock Analysis on NOA
Insider Buying and Selling at North American Construction Group
In other news, Director Maryse C. Saint-Laurent purchased 2,000 shares of the firm's stock in a transaction on Thursday, September 5th. The stock was acquired at an average cost of C$25.88 per share, with a total value of C$51,760.00. In other news, Director Maryse C. Saint-Laurent purchased 2,000 shares of the firm's stock in a transaction on Thursday, September 5th. The stock was acquired at an average cost of C$25.88 per share, with a total value of C$51,760.00. Also, Director Martin Robert Ferron acquired 7,000 shares of the firm's stock in a transaction that occurred on Friday, August 9th. The stock was bought at an average cost of C$23.70 per share, with a total value of C$165,900.00. Over the last ninety days, insiders bought 12,000 shares of company stock valued at $290,121. 8.93% of the stock is currently owned by insiders.
About North American Construction Group
(
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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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