North American Construction Group Ltd. (TSE:NOA) Insider Buys C$163,017.00 in Stock

North American Construction Group Ltd. (TSE:NOAGet Rating) (NYSE:NOA) insider North American Construction Group Ltd. purchased 10,000 shares of the stock in a transaction on Friday, April 29th. The stock was bought at an average cost of C$16.30 per share, for a total transaction of C$163,017.00. Following the completion of the acquisition, the insider now owns 50,000 shares in the company, valued at C$815,085.

North American Construction Group Ltd. also recently made the following trade(s):

  • On Wednesday, April 27th, North American Construction Group Ltd. acquired 10,000 shares of North American Construction Group stock. The stock was purchased at an average cost of C$18.01 per share, for a total transaction of C$180,095.00.
  • On Monday, April 25th, North American Construction Group Ltd. bought 10,000 shares of North American Construction Group stock. The stock was bought at an average price of C$17.21 per share, for a total transaction of C$172,136.00.
  • On Friday, April 22nd, North American Construction Group Ltd. purchased 10,000 shares of North American Construction Group stock. The shares were acquired at an average price of C$17.86 per share, for a total transaction of C$178,645.00.
  • On Wednesday, April 20th, North American Construction Group Ltd. bought 10,000 shares of North American Construction Group stock. The stock was purchased at an average price of C$18.65 per share, for a total transaction of C$186,471.00.
  • On Monday, April 18th, North American Construction Group Ltd. bought 3,000 shares of North American Construction Group stock. The stock was purchased at an average price of C$18.80 per share, for a total transaction of C$56,409.90.
  • On Wednesday, April 13th, North American Construction Group Ltd. purchased 10,000 shares of North American Construction Group stock. The stock was bought at an average cost of C$18.49 per share, with a total value of C$184,870.00.
  • On Monday, April 11th, North American Construction Group Ltd. bought 10,000 shares of North American Construction Group stock. The stock was purchased at an average price of C$18.74 per share, with a total value of C$187,400.00.
  • On Wednesday, April 6th, North American Construction Group Ltd. purchased 24,000 shares of North American Construction Group stock. The shares were bought at an average price of C$17.99 per share, with a total value of C$431,719.20.
  • On Monday, March 14th, North American Construction Group Ltd. acquired 24,296 shares of North American Construction Group stock. The shares were acquired at an average cost of C$17.94 per share, for a total transaction of C$435,858.09.

Shares of NOA opened at C$16.15 on Friday. The stock has a market capitalization of C$484.08 million and a price-to-earnings ratio of 9.82. North American Construction Group Ltd. has a 1 year low of C$15.67 and a 1 year high of C$22.00. The business’s 50 day simple moving average is C$18.67 and its 200-day simple moving average is C$18.93. The company has a debt-to-equity ratio of 141.93, a current ratio of 0.91 and a quick ratio of 0.59.

North American Construction Group (TSE:NOAGet Rating) (NYSE:NOA) last issued its quarterly earnings data on Wednesday, February 16th. The company reported C$0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.57 by C$0.02. The firm had revenue of C$181.00 million for the quarter, compared to analysts’ expectations of C$185.50 million. On average, sell-side analysts expect that North American Construction Group Ltd. will post 2.3800002 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, July 8th. Stockholders of record on Friday, July 8th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend is Thursday, May 26th. North American Construction Group’s dividend payout ratio is currently 9.73%.

NOA has been the topic of a number of recent analyst reports. BMO Capital Markets lowered their price target on shares of North American Construction Group from C$26.00 to C$24.00 in a report on Thursday. Raymond James increased their price target on shares of North American Construction Group from C$26.50 to C$27.50 and gave the company an “outperform” rating in a research report on Monday, April 25th. Canaccord Genuity Group raised their target price on shares of North American Construction Group from C$28.00 to C$29.00 in a report on Friday, February 18th. National Bankshares raised their target price on shares of North American Construction Group from C$27.00 to C$30.00 and gave the stock an “outperform” rating in a report on Friday, February 18th. Finally, CIBC dropped their price target on North American Construction Group from C$23.00 to C$22.00 and set a “neutral” rating for the company in a research note on Friday. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$26.20.

North American Construction Group Company Profile (Get Rating)

North American Construction Group Ltd. provides equipment maintenance, and mining and heavy construction services in Canada, the United States, and Australia. The company's Heavy Construction & Mining division offers constructability reviews, budgetary cost estimates, design-build construction, project management, contract mining, pre-stripping/pit pioneering, overburden removal and stockpile, muskeg removal and stockpile, site preparation, air strip construction, site dewatering/perimeter ditching, tailings and process pipelines, haulage and access road construction, tailings dam construction and densification, mechanically stabilized earth walls, dyke construction, and reclamation services.

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