Should I buy or sell North American Construction Group stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for North American Construction Group in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NOA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NOA, but not buy additional shares or sell existing shares. View NOA analyst ratings or view top-rated stocks .

What is North American Construction Group's stock price target for 2024?

3 Wall Street analysts have issued 12 month price objectives for North American Construction Group's shares. Their NOA share price targets range from $20.00 to $39.00. On average, they expect the company's share price to reach $29.50 in the next twelve months. This suggests a possible upside of 46.4% from the stock's current price. View analysts price targets for NOA or view top-rated stocks among Wall Street analysts .

How have NOA shares performed in 2023?

North American Construction Group's stock was trading at $13.37 at the beginning of the year. Since then, NOA shares have increased by 50.7% and is now trading at $20.15. View the best growth stocks for 2023 here .

Are investors shorting North American Construction Group?

North American Construction Group saw a increase in short interest in October. As of October 31st, there was short interest totaling 155,700 shares, an increase of 23.5% from the October 15th total of 126,100 shares. Based on an average daily trading volume, of 54,100 shares, the days-to-cover ratio is currently 2.9 days. Approximately 0.7% of the company's stock are short sold. View North American Construction Group's Short Interest .

When is North American Construction Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our NOA earnings forecast .

How were North American Construction Group's earnings last quarter?

North American Construction Group Ltd. (NYSE:NOA) issued its quarterly earnings data on Wednesday, November, 1st. The oil and gas company reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.45 by $0.08. The oil and gas company had revenue of $145.18 million for the quarter, compared to analysts' expectations of $154.85 million. North American Construction Group had a net margin of 8.27% and a trailing twelve-month return on equity of 24.51%.

How often does North American Construction Group pay dividends? What is the dividend yield for North American Construction Group?

North American Construction Group declared a quarterly dividend on Tuesday, October 31st. Stockholders of record on Thursday, November 30th will be given a dividend of $0.072 per share on Friday, January 5th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Wednesday, November 29th. Read our dividend analysis for NOA .

Is North American Construction Group a good dividend stock?

North American Construction Group (NYSE:NOA) pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.45%. The dividend payout ratio is 16.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOA will have a dividend payout ratio of 10.04% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NOA .

What other stocks do shareholders of North American Construction Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other North American Construction Group investors own include Micron Technology (MU) , Coca-Cola (KO) , Advanced Micro Devices (AMD) , Cisco Systems (CSCO) , Broadcom (AVGO) , Pfizer (PFE) , Walt Disney (DIS) , Intel (INTC) , Johnson & Johnson (JNJ) and NVIDIA (NVDA) .

Who are North American Construction Group's major shareholders?

North American Construction Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Claret Asset Management Corp (7.78%), Mackenzie Financial Corp (5.17%), Cannell Capital LLC (5.16%), National Bank of Canada FI (4.24%), Alberta Investment Management Corp (2.98%) and Connor Clark & Lunn Investment Management Ltd. (2.04%). View institutional ownership trends .

How do I buy shares of North American Construction Group?

Shares of NOA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

North American Construction Group (NOA) Stock Price, News & Analysis

$20.15

+0.15 (+0.75%)

(As of 12/8/2023 08:57 PM ET)

Compare

Today's Range: $20.04
▼
$20.54
50-Day Range: $19.09
▼
$22.65
52-Week Range: $12.48
▼
$26.30

Volume: 29,700 shs
Average Volume: 62,542 shs
Market Capitalization: $538.79 million

P/E Ratio: 11.51
Dividend Yield: 1.39%
Price Target: $29.50

North American Construction Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 46.4% Upside
$29.50 Price Target
Short Interest: Healthy
0.54% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 62.21%
From $1.72 to $2.79 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.77 out of 5 stars

Construction Sector

4th out of 89 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

6th out of 18 stocks

3.2

Analyst's Opinion

Consensus Rating
North American Construction Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.50, North American Construction Group has a forecasted upside of 46.4% from its current price of $20.15.
Amount of Analyst Coverage
North American Construction Group has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.54% of the float of North American Construction Group has been sold short.
Short Interest Ratio / Days to Cover
North American Construction Group has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in North American Construction Group has recently decreased by 14.19%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
North American Construction Group pays a meaningful dividend of 1.45%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
North American Construction Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of North American Construction Group is 16.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, North American Construction Group will have a dividend payout ratio of 10.04% next year. This indicates that North American Construction Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NOA.

0.0

News and Social Media Coverage

Search Interest
Only 1 people have searched for NOA on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added North American Construction Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, North American Construction Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.70% of the stock of North American Construction Group is held by insiders.
Percentage Held by Institutions
61.68% of the stock of North American Construction Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for North American Construction Group are expected to grow by 62.21% in the coming year, from $1.72 to $2.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of North American Construction Group is 11.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of North American Construction Group is 11.51, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 16.74.
Price to Book Value per Share Ratio
North American Construction Group has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About North American Construction Group Stock (NYSE:NOA)

North American Construction Group Ltd. provides equipment maintenance, and mining and heavy construction services in Canada, the United States, and Australia. Its Heavy Construction & Mining division offers constructability reviews, budgetary cost estimates, design-build construction, project management, contract mining, pre-stripping/pit pioneering, overburden removal and stockpile, muskeg removal and stockpile, site preparation, air strip construction, site dewatering/perimeter ditching, tailings and process pipelines, haulage and access road construction, tailings dam construction and densification, mechanically stabilized earth walls, dyke construction, and reclamation services; and Equipment Maintenance services. As of December 31, 2022, the company operated a heavy equipment fleet of 637 units. It serves resource development and industrial construction sectors. The company was formerly known as North American Energy Partners Inc. and changed its name to North American Construction Group Ltd. in April 2018. North American Construction Group Ltd. was founded in 1953 and is headquartered in Acheson, Canada.

NOA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NOA Stock News Headlines

November 24, 2023 | finance.yahoo.com

North American Construction Group Ltd. (TSE:NOA) Passed Our Checks, And It's About To Pay A CA$0.10 Dividend

November 21, 2023 | morningstar.com

North American Construction Group Ltd NOA

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November 15, 2023 | finance.yahoo.com

An Intrinsic Calculation For North American Construction Group Ltd. (TSE:NOA) Suggests It's 50% Undervalued

November 5, 2023 | finance.yahoo.com

North American Construction Group Ltd. (NYSE:NOA) Q3 2023 Earnings Call Transcript

November 4, 2023 | seekingalpha.com

North American Construction Group Ltd. 2023 Q3 - Results - Earnings Call Presentation

November 1, 2023 | msn.com

North American Energy declares CAD 0.10 dividend

November 1, 2023 | finance.yahoo.com

North American Construction Group Ltd. Announces Record Results for the Third Quarter Ended September 30, 2023

December 11, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

October 18, 2023 | finance.yahoo.com

North American Construction (NOA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

September 12, 2023 | seekingalpha.com

North American Construction Group: Interesting Indirect Mining Play

August 4, 2023 | finance.yahoo.com

The Zacks Analyst Blog Highlights North American Construction Group, Owens Corning, Urban Outfitters, Boise Cascade and M.D.C

July 29, 2023 | theglobeandmail.com

Closing Bell: North American Construction Group Ltd down on Friday (NOA)

July 27, 2023 | seekingalpha.com

North American Construction Group Ltd. 2023 Q2 - Results - Earnings Call Presentation

July 27, 2023 | seekingalpha.com

North American Construction to buy MacKellar Group in $395M deal

July 27, 2023 | finance.yahoo.com

North American Construction Group Ltd. Announces Record Results for the Second Quarter Ended June 30, 2023

July 27, 2023 | finance.yahoo.com

North American Construction Group Announces Transformative Acquisition of MacKellar Group, A Leading Private Australian Heavy Equipment Solutions Provider

July 7, 2023 | msn.com

North American Construction Group: Heading For Mixed Days (Rating Downgrade)

June 7, 2023 | finance.yahoo.com

North American Construction (NOA) Gains As Market Dips: What You Should Know

May 4, 2023 | finance.yahoo.com

North American Construction Group Ltd. Announces Voting Results of Annual Meeting of Shareholders

May 3, 2023 | theglobeandmail.com

Closing Bell: North American Construction Group Ltd down on Tuesday (NOA)

April 30, 2023 | seekingalpha.com

North American Construction Group Ltd. 2023 Q1 - Results - Earnings Call Presentation

April 30, 2023 | seekingalpha.com

North American Construction Group Ltd. 2023 Q1 - Results - Earnings Call Presentation

April 28, 2023 | markets.businessinsider.com

Analysts Are Neutral on These Materials Stocks: North American Construction Group (NOA), First Quantum Minerals (FQVLF)

April 27, 2023 | msn.com

North American Construction Group (NOA) Declares $0.10 Dividend

April 25, 2023 | markets.businessinsider.com

North American Construction Group (NOA) Gets a Buy from BMO Capital

April 20, 2023 | theglobeandmail.com

Closing Bell: North American Construction Group Ltd up on Thursday (NOA)

See More Headlines

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Company Calendar

Ex-Dividend for 10/6 Dividend: 8/30/2023
Dividend Payable: 10/06/2023
Last Earnings: 11/01/2023
Ex-Dividend for 1/5 Dividend: 11/29/2023
Today: 12/11/2023
Fiscal Year End: 12/31/2023
Dividend Payable: 1/05/2024
Next Earnings (Estimated): 2/21/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Oil & gas field services, not elsewhere classified
Sub-Industry: N/A
Sector: Construction
Current Symbol: NYSE:NOA
CUSIP: N/A
CIK: 1272869
Web: www.nacg.ca
Phone: (780) 960-7171
Fax: 780-960-7103
Employees: 2,042
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $29.50
High Stock Price Target: $39.00
Low Stock Price Target: $20.00
Potential Upside/Downside: +46.4%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.75
Trailing P/E Ratio: 11.51
Forward P/E Ratio: 11.72
P/E Growth: N/A
Net Income: $51.82 million
Net Margins: 8.27%
Pretax Margin: 10.54%
Return on Equity: 24.51%
Return on Assets: 8.20%

Debt

Debt-to-Equity Ratio: 1.16
Current Ratio: 1.25
Quick Ratio: 0.89

Sales & Book Value

Annual Sales: $864.34 million
Price / Sales: 0.62
Cash Flow: $5.46 per share
Price / Cash Flow: 3.69
Book Value: $8.91 per share
Price / Book: 2.26

Miscellaneous

Outstanding Shares: 26,739,000
Free Float: 24,145,000
Market Cap: $538.79 million
Optionable: Optionable
Beta: 1.54

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Key Executives

Mr. Joseph C. Lambert (Age 58)
President, CEO & Director
Comp: $854.2k
Mr. Jason William Veenstra C.A. (Age 44)
CPA, Executive VP & CFO
Comp: $485.73k
Mr. Barry Wade Palmer (Age 62)
Chief Operating Officer
Comp: $529.95k
Mr. Jordan A. Slator (Age 52)
VP, General Counsel & Corporate Secretary
Comp: $349.73k
Mr. David Grant Kallay (Age 51)
Vice President of Health, Safety, Environment & Human Resources and Training
Comp: $349.38k
Mr. David Brunetta C.M.A.
CPA, Director of Investor Relations and Director of Finance & Information Technology

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NOA Stock Analysis - Frequently Asked Questions

Should I buy or sell North American Construction Group stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for North American Construction Group in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NOA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NOA, but not buy additional shares or sell existing shares.
View NOA analyst ratings or view top-rated stocks.
What is North American Construction Group's stock price target for 2024?: 3 Wall Street analysts have issued 12 month price objectives for North American Construction Group's shares. Their NOA share price targets range from $20.00 to $39.00. On average, they expect the company's share price to reach $29.50 in the next twelve months. This suggests a possible upside of 46.4% from the stock's current price.
View analysts price targets for NOA or view top-rated stocks among Wall Street analysts.
How have NOA shares performed in 2023?: North American Construction Group's stock was trading at $13.37 at the beginning of the year. Since then, NOA shares have increased by 50.7% and is now trading at $20.15.
View the best growth stocks for 2023 here.
Are investors shorting North American Construction Group?: North American Construction Group saw a increase in short interest in October. As of October 31st, there was short interest totaling 155,700 shares, an increase of 23.5% from the October 15th total of 126,100 shares. Based on an average daily trading volume, of 54,100 shares, the days-to-cover ratio is currently 2.9 days. Approximately 0.7% of the company's stock are short sold.
View North American Construction Group's Short Interest.
When is North American Construction Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our NOA earnings forecast.
How were North American Construction Group's earnings last quarter?: North American Construction Group Ltd. (NYSE:NOA) issued its quarterly earnings data on Wednesday, November, 1st. The oil and gas company reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.45 by $0.08. The oil and gas company had revenue of $145.18 million for the quarter, compared to analysts' expectations of $154.85 million. North American Construction Group had a net margin of 8.27% and a trailing twelve-month return on equity of 24.51%.

How often does North American Construction Group pay dividends? What is the dividend yield for North American Construction Group?: North American Construction Group declared a quarterly dividend on Tuesday, October 31st. Stockholders of record on Thursday, November 30th will be given a dividend of $0.072 per share on Friday, January 5th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Wednesday, November 29th.
Read our dividend analysis for NOA.
Is North American Construction Group a good dividend stock?: North American Construction Group (NYSE:NOA) pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.45%. The dividend payout ratio is 16.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOA will have a dividend payout ratio of 10.04% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NOA.
What other stocks do shareholders of North American Construction Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other North American Construction Group investors own include Micron Technology (MU), Coca-Cola (KO), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Broadcom (AVGO), Pfizer (PFE), Walt Disney (DIS), Intel (INTC), Johnson & Johnson (JNJ) and NVIDIA (NVDA).
Who are North American Construction Group's major shareholders?: North American Construction Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Claret Asset Management Corp (7.78%), Mackenzie Financial Corp (5.17%), Cannell Capital LLC (5.16%), National Bank of Canada FI (4.24%), Alberta Investment Management Corp (2.98%) and Connor Clark & Lunn Investment Management Ltd. (2.04%).
View institutional ownership trends.
How do I buy shares of North American Construction Group?: Shares of NOA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:NOA) was last updated on 12/11/2023 by MarketBeat.com Staff

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