North American Construction Group Ltd. (TSE:NOA) Receives C$28.06 Consensus PT from Analysts

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) has been given a consensus rating of “Moderate Buy” by the eight brokerages that are presently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$28.06.

Several equities research analysts recently commented on NOA shares. National Bank Financial set a C$28.00 target price on North American Construction Group and gave the company an “outperform” rating in a research report on Monday, December 22nd. ATB Cormark Capital Markets 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. Canadian Imperial Bank of Commerce reduced their price objective on shares of North American Construction Group from C$22.00 to C$20.00 in a research report on Tuesday, December 30th. Roth Mkm upgraded shares of North American Construction Group to a “strong-buy” rating in a research report on Thursday, February 5th. Finally, TD Securities cut their price objective on shares of North American Construction Group from C$21.00 to C$19.00 and set a “hold” rating on the stock in a research report on Friday, December 19th.

North American Construction Group Stock Performance

Shares of NOA stock opened at C$22.14 on Thursday. The stock has a market cap of C$643.72 million, a P/E ratio of 17.43, a P/E/G ratio of 0.79 and a beta of 0.35. The company has a fifty day moving average price of C$20.35 and a two-hundred day moving average price of C$19.95. The company has a debt-to-equity ratio of 212.25, a current ratio of 1.13 and a quick ratio of 0.79. North American Construction Group has a one year low of C$16.78 and a one year high of C$27.21.

North American Construction Group (TSE:NOA) (NYSE:NOA) last posted its quarterly earnings data on Wednesday, November 12th. The company reported C$0.67 EPS for the quarter. The company 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 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 disclosed a quarterly dividend, which was paid on Friday, January 9th. Stockholders of record on Friday, January 9th were issued a dividend of $0.12 per share. The ex-dividend date was Wednesday, November 26th. This represents a $0.48 annualized dividend and a dividend yield of 2.2%. North American Construction Group’s payout ratio is currently 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.