North American Construction Group Ltd. (TSE:NOA) Given Average Rating of “Hold” by Analysts

Shares of North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) have received a consensus rating of “Hold” from the eight analysts that are covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$28.06.

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

North American Construction Group Price Performance

Shares of TSE NOA opened at C$21.71 on Friday. 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 company has a market cap of C$631.22 million, a PE ratio of 17.09, a P/E/G ratio of 0.79 and a beta of 0.44. The company has a debt-to-equity ratio of 212.25, a quick ratio of 0.79 and a current ratio of 1.13. The business has a 50-day simple moving average of C$19.73 and a two-hundred day simple moving average of C$20.03.

North American Construction Group (TSE:NOA) (NYSE:NOA) last issued its quarterly earnings results on Wednesday, November 12th. The company reported C$0.67 earnings per share (EPS) for the quarter. The business had revenue of C$317.25 million for 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 analysts expect that North American Construction Group will post 4.0597484 EPS for the current fiscal year.

North American Construction Group Dividend Announcement

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

About North American Construction Group

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.