North American Construction Group Ltd. (TSE:NOA) Director Buys C$51,760.00 in Stock

North American Construction Group Ltd. (TSE:NOA - Get Free Report) NYSE: NOA Director Maryse C. Saint-Laurent bought 2,000 shares of the stock in a transaction dated Thursday, September 5th. The shares were acquired at an average cost of C$25.88 per share, for a total transaction of C$51,760.00.

North American Construction Group Price Performance

TSE:NOA traded down C$1.51 during trading hours on Friday, hitting C$24.42. The stock had a trading volume of 72,846 shares, compared to its average volume of 69,089. The company has a 50 day simple moving average of C$26.13 and a two-hundred day simple moving average of C$28.51. The firm has a market capitalization of C$652.75 million, a price-to-earnings ratio of 13.53, a P/E/G ratio of 0.79 and a beta of 1.61. The company has a debt-to-equity ratio of 210.33, a current ratio of 1.03 and a quick ratio of 0.79. North American Construction Group Ltd. has a one year low of C$23.59 and a one year high of C$34.87.

North American Construction Group (TSE:NOA - Get Free Report) NYSE: NOA last posted its quarterly earnings data on Wednesday, July 31st. The company reported C$0.85 earnings per share for the quarter, beating the consensus estimate 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%. Research analysts forecast that North American Construction Group Ltd. will post 3.9671642 earnings per share for the current fiscal year.

North American Construction Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 4th. Investors of record on Friday, August 30th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.64%. The ex-dividend date of this dividend is Friday, August 30th. North American Construction Group's dividend payout ratio is currently 21.86%.

Analyst Ratings Changes

Several research firms recently weighed in on NOA. BMO Capital Markets cut their price objective on North American Construction Group from C$37.00 to C$32.00 in a report on Thursday, August 1st. Ventum Financial cut 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 research report on Friday, August 2nd. Raymond James decreased their price target on shares of North American Construction Group from C$40.00 to C$35.00 and set an "outperform" rating for the company in a research report on Friday, August 2nd. National Bankshares cut their price target 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, TD Securities decreased their price target on North American Construction Group from C$34.00 to C$33.00 and set a "buy" rating for the company in a research note on Friday, August 2nd. Six investment analysts have rated the stock with a buy rating, According to MarketBeat.com, North American Construction Group currently has a consensus rating of "Buy" and a consensus price target of C$37.00.

North American Construction Group Company Profile

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.