North American Construction Group Ltd. (TSE:NOA) Receives Consensus Rating of “Moderate Buy” from Analysts

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) has received a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$28.06.

Several brokerages recently weighed in on NOA. ATB Capital set a C$26.00 price objective on shares of North American Construction Group and gave the stock a “sector perform” rating in a research note on Thursday, October 23rd. Canadian Imperial Bank of Commerce reduced their price target on North American Construction Group from C$22.00 to C$20.00 in a research report on Tuesday, December 30th. National Bank Financial set a C$28.00 price objective on North American Construction Group and gave the stock an “outperform” rating in a research report on Monday, December 22nd. Roth Mkm upgraded North American Construction Group to a “strong-buy” rating in a report on Thursday, February 5th. Finally, TD Securities lowered 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 report on Friday, December 19th.

North American Construction Group Price Performance

North American Construction Group stock opened at C$21.66 on Thursday. The stock has a 50-day moving average price of C$20.27 and a two-hundred day moving average price of C$19.95. North American Construction Group has a 12 month low of C$16.78 and a 12 month high of C$27.21. The company has a market capitalization of C$629.76 million, a PE ratio of 17.06, a P/E/G ratio of 0.79 and a beta of 0.35. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 212.25.

North American Construction Group (TSE:NOA) (NYSE:NOA) last issued its quarterly earnings data on Wednesday, November 12th. The company reported C$0.67 earnings per share (EPS) for the quarter. North American Construction Group had a net margin of 4.80% and a return on equity of 15.24%. The business had revenue of C$317.25 million during the quarter. Analysts expect that North American Construction Group will post 4.0597484 EPS for the current year.

North American Construction Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, January 9th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, November 26th. North American Construction Group’s dividend payout ratio (DPR) is currently 37.80%.

North American Construction Group Company Profile

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.