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: C$29.81 to C$29.98
• 50-Day Range: C$23.29 to C$29.94
• 52-Week Range: C$22.68 to C$34.87
• Volume: 15,655 shs
• Average Volume: 67,147 shs
• Market Capitalization: C$800.30 million
• P/E Ratio: 16.36
• Dividend Yield: 1.34%
• Price Target: C$37.63
• Consensus Rating: Buy

North American Construction Group Stock Analysis - MarketRank™

North American Construction Group scored higher than 81% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

North American Construction Group has received a consensus rating of Buy. The company's average rating score is 3.11, and is based on 8 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

North American Construction Group has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of North American Construction Group is 16.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of North American Construction Group is 16.32, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 108.46.

Price to Earnings Growth Ratio

North American Construction Group has a PEG Ratio of 0.79. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

North American Construction Group has a P/B Ratio of 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NOA.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

North American Construction Group pays a meaningful dividend of 1.55%, 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 21.86%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

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

Short Interest

There is no current short interest data available for NOA.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.24

News Sentiment

North American Construction Group has a news sentiment score of -0.24. 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 lower news sentiment than the 0.45 average news sentiment score of Energy companies.

News Coverage This Week

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

Search Interest

Only 1 people have searched for NOA on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

MarketBeat Follows

2 people have added North American Construction Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, North American Construction Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$248,156.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 8.93% of the stock of North American Construction Group is held by insiders.

Percentage Held by Institutions

79.11% 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 C$27.65 at the start of the year. Since then, NOA stock has increased by 8.0% and is now trading at C$29.87.
View the best growth stocks for 2024 here.

How do I buy shares of North American Construction Group?

Shares of NOA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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 Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), Micron Technology (MU) and Precision Drilling (PD).

Company Calendar

• Ex-Dividend for 10/4 Dividend: 8/30/2024
• Dividend Payable: 10/04/2024
• Ex-Dividend for 1/3 Dividend: 11/27/2024
• Today: 12/18/2024
• Dividend Payable: 1/03/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Equipment & Services
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: TSE:NOA
• CUSIP: N/A
• CIK: N/A
• Web: www.nacg.ca
• Phone: +1-780-9607171
• Fax: N/A
• Employees: 200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$37.63
• High Stock Price Target: C$47.00
• Low Stock Price Target: C$32.00
• Potential Upside/Downside: +26.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.11
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.83
• Trailing P/E Ratio: 16.31
• Forward P/E Ratio: 7.35
• P/E Growth: 0.79
• Net Income: C$54.41 million
• Net Margins: 4.99%
• Pretax Margin: N/A
• Return on Equity: 15.19%
• Return on Assets: 6.65%

Debt

• Debt-to-Equity Ratio: 210.33
• Current Ratio: 1.03
• Quick Ratio: 0.79

Sales & Book Value

• Annual Sales: C$1.09 billion
• Price / Sales: 0.73
• Cash Flow: C$1.46 per share
• Price / Cash Flow: 20.50
• Book Value: C$14.20 per share
• Price / Book: 2.10

Miscellaneous

• Outstanding Shares: 26,730,000
• Free Float: N/A
• Market Cap: C$797.89 million
• Optionable: Not Optionable
• Beta: 1.59