North American Construction Group Ltd. (TSE:NOA) Receives C$40.57 Average Price Target from Analysts

North American Construction Group Ltd. (TSE:NOA - Get Free Report) NYSE: NOA has received a consensus rating of "Buy" from the six brokerages that are currently covering the firm, Marketbeat reports. Six research analysts have rated the stock with a buy rating. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$40.57.

Several research analysts have commented on NOA shares. ATB Capital decreased their price target on shares of North American Construction Group from C$46.00 to C$45.00 in a research note on Thursday, March 14th. TD Securities raised shares of North American Construction Group from a "hold" rating to a "buy" rating and set a C$34.00 target price on the stock in a research note on Thursday, April 18th. CIBC increased their price target on shares of North American Construction Group from C$32.50 to C$33.00 in a research note on Friday, March 15th. BMO Capital Markets cut their price objective on North American Construction Group from C$39.00 to C$37.00 and set an "outperform" rating on the stock in a research report on Thursday. Finally, National Bankshares increased their target price on North American Construction Group from C$46.00 to C$47.00 and gave the stock an "outperform" rating in a research report on Friday.

Insider Buying and Selling at North American Construction Group

In other North American Construction Group news, Director Martin Robert Ferron sold 4,000 shares of the stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of C$31.85, for a total transaction of C$127,400.00. Insiders own 8.44% of the company's stock.

North American Construction Group Stock Performance

Shares of NOA stock traded down C$0.25 during trading on Friday, reaching C$28.06. 59,007 shares of the company's stock traded hands, compared to its average volume of 73,415. North American Construction Group has a 1 year low of C$24.18 and a 1 year high of C$34.87. The company has a market capitalization of C$750.04 million, a P/E ratio of 13.43, a PEG ratio of 0.79 and a beta of 1.70. The company has a current ratio of 0.91, a quick ratio of 0.79 and a debt-to-equity ratio of 201.05. The firm's 50-day moving average is C$31.04 and its 200 day moving average is C$29.68.

North American Construction Group (TSE:NOA - Get Free Report) NYSE: NOA last released its quarterly earnings data on Wednesday, March 13th. The company reported C$0.88 EPS for the quarter, beating analysts' consensus estimates of C$0.82 by C$0.06. The company had revenue of C$326.30 million during the quarter, compared to analyst estimates of C$315.13 million. North American Construction Group had a net margin of 6.60% and a return on equity of 19.06%. Equities research analysts expect that North American Construction Group will post 4.4898551 EPS for the current year.

North American Construction Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 5th. Stockholders of record on Friday, July 5th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Thursday, May 30th. North American Construction Group's dividend payout ratio (DPR) is currently 19.14%.

About North American Construction Group

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment - Canada, Heavy Equipment - Australia, and Other segments.