North American Construction Group Ltd. (TSE:NOA) Receives C$28.06 Average Price Target from Analysts

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) has earned a consensus rating of “Hold” from the eight ratings firms that are covering the company, MarketBeat reports. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$28.06.

A number of equities analysts have weighed in on NOA shares. TD Securities lowered their price objective on North American Construction Group from C$21.00 to C$19.00 and set a “hold” rating on the stock in a research note on Friday, December 19th. BMO Capital Markets lowered their price target on North American Construction Group from C$27.00 to C$25.00 in a research report on Friday, October 10th. CIBC dropped their price objective on shares of North American Construction Group from C$22.00 to C$20.00 in a report on Tuesday, December 30th. ATB Capital set a C$26.00 price target on North American Construction Group and gave the stock a “sector perform” rating in a report on Thursday, October 23rd. Finally, National Bankshares set a C$28.00 price objective on North American Construction Group and gave the company an “outperform” rating in a research note on Monday, December 22nd.

North American Construction Group Trading Up 0.3%

Shares of North American Construction Group stock opened at C$21.79 on Friday. The company has a debt-to-equity ratio of 212.25, a quick ratio of 0.79 and a current ratio of 1.13. North American Construction Group has a fifty-two week low of C$16.78 and a fifty-two week high of C$31.22. The firm has a 50-day simple moving average of C$19.82 and a two-hundred day simple moving average of C$20.00. The company has a market cap of C$633.54 million, a P/E ratio of 17.16, a price-to-earnings-growth ratio of 0.79 and a beta of 0.44.

North American Construction Group (TSE:NOA) (NYSE:NOA) last released its quarterly earnings results on Wednesday, November 12th. The company reported C$0.67 earnings per share (EPS) for the quarter. North American Construction Group had a net margin of 4.80% and a return on equity of 15.24%. The firm had revenue of C$317.25 million for the quarter. As a group, equities analysts predict that North American Construction Group will post 4.0597484 earnings per share for the current fiscal year.

North American Construction Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, January 9th were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, November 26th. This represents a $0.48 annualized dividend and a yield of 2.2%. North American Construction Group’s payout ratio is presently 37.80%.

North American Construction Group Company Profile

North American Construction Group Ltd is Canada’s provider of heavy civil construction and mining contractors. The company has provided services to the oil, natural gas and resource companies.