National Bankshares Issues Positive Forecast for North American Construction Group (TSE:NOA) Stock Price

North American Construction Group (TSE:NOA) (NYSE:NOA) had its price target lifted by National Bankshares from C$26.00 to C$28.00 in a research report sent to investors on Monday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

NOA has been the subject of a number of other research reports. BMO Capital Markets lowered their price objective on shares of North American Construction Group from C$27.00 to C$25.00 in a research report on Friday, October 10th. ATB Capital set a C$26.00 target price on North American Construction Group and gave the company a “sector perform” rating in a report on Thursday, October 23rd. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, North American Construction Group has an average rating of “Hold” and a consensus target price of C$30.31.

North American Construction Group Stock Performance

NOA stock opened at C$19.02 on Monday. The stock’s 50 day simple moving average is C$19.97 and its 200 day simple moving average is C$20.61. North American Construction Group has a 12-month low of C$16.78 and a 12-month high of C$31.67. The firm has a market cap of C$553.01 million, a P/E ratio of 14.98, a P/E/G ratio of 0.79 and a beta of 0.42. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 212.25.

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

North American Construction Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Friday, January 9th will be given a $0.12 dividend. The ex-dividend date is Wednesday, November 26th. This represents a $0.48 annualized dividend and a yield of 2.5%. North American Construction Group’s dividend payout ratio is 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.