North American Construction Group Ltd. (TSE:NOA) Director Martin Robert Ferron Sells 20,000 Shares

North American Construction Group Ltd. (TSE:NOA - Get Free Report) NYSE: NOA Director Martin Robert Ferron sold 20,000 shares of the business's stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of C$22.85, for a total transaction of C$457,000.00.

Martin Robert Ferron also recently made the following trade(s):

• On Tuesday, March 19th, Martin Robert Ferron sold 4,000 shares of North American Construction Group stock. The shares were sold at an average price of C$31.85, for a total transaction of C$127,400.00.

North American Construction Group Price Performance

Shares of NOA traded down C$0.46 during mid-day trading on Friday, hitting C$30.98. 36,421 shares of the company traded hands, compared to its average volume of 75,376. North American Construction Group Ltd. has a one year low of C$23.01 and a one year high of C$34.87. 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 business has a 50-day moving average of C$32.04 and a 200 day moving average of C$29.80. The stock has a market capitalization of C$828.10 million, a price-to-earnings ratio of 14.82, a PEG ratio of 0.79 and a beta of 1.70.

North American Construction Group (TSE:NOA - Get Free Report) NYSE: NOA last announced its quarterly earnings data on Wednesday, March 13th. The company reported C$0.88 earnings per share for the quarter, beating the consensus estimate of C$0.82 by C$0.06. North American Construction Group had a net margin of 6.60% and a return on equity of 19.06%. The business had revenue of C$326.30 million for the quarter, compared to analyst estimates of C$315.13 million. As a group, equities analysts expect that North American Construction Group Ltd. will post 4.4926901 earnings per share for the current fiscal year.

North American Construction Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 5th. Shareholders of record on Friday, March 8th will be issued a $0.10 dividend. The ex-dividend date is Thursday, March 7th. This represents a $0.40 annualized dividend and a yield of 1.29%. North American Construction Group's dividend payout ratio (DPR) is presently 19.14%.

Analyst Ratings Changes

NOA has been the subject of a number of research analyst reports. BMO Capital Markets upped their price objective on shares of North American Construction Group from C$39.00 to C$42.00 in a research report on Thursday, March 14th. TD Securities increased their price target on shares of North American Construction Group from C$33.00 to C$34.00 and gave the stock a "hold" rating in a research report on Thursday, March 14th. CIBC increased their price target on shares of North American Construction Group from C$32.50 to C$33.00 in a research report on Friday, March 15th. National Bankshares increased their price target on shares of North American Construction Group from C$43.00 to C$46.00 in a research report on Friday, March 15th. Finally, ATB Capital dropped their price target on shares of North American Construction Group from C$46.00 to C$45.00 in a research report on Thursday, March 14th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$40.13.

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.