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

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) has been given a consensus recommendation of “Moderate Buy” by the nine research firms that are currently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$24.63.

A number of equities analysts have recently commented on the stock. Canaccord Genuity Group raised shares of North American Construction Group from a “hold” rating to a “buy” rating and set a C$20.00 price target on the stock in a research report on Friday. Raymond James Financial decreased their price objective on shares of North American Construction Group from C$26.00 to C$24.00 and set an “outperform” rating for the company in a report on Friday. National Bank Financial set a C$28.00 target price on shares of North American Construction Group and gave the company an “outperform” rating in a research note on Monday, December 22nd. Canadian Imperial Bank of Commerce dropped their target price on shares of North American Construction Group from C$22.00 to C$20.00 in a report on Tuesday, December 30th. Finally, BMO Capital Markets lowered shares of North American Construction Group from an “outperform” rating to a “market perform” rating and cut their target price for the stock from C$26.00 to C$23.00 in a research report on Thursday.

North American Construction Group Stock Performance

Shares of TSE NOA opened at C$17.59 on Monday. The company has a debt-to-equity ratio of 201.83, a quick ratio of 0.79 and a current ratio of 0.88. The firm has a market cap of C$511.43 million, a price-to-earnings ratio of 13.85, a P/E/G ratio of 0.79 and a beta of 0.70. The business’s 50-day simple moving average is C$21.52 and its 200-day simple moving average is C$20.24. North American Construction Group has a 52 week low of C$16.45 and a 52 week high of C$25.05.

North American Construction Group (TSE:NOA) (NYSE:NOA) last posted its earnings results on Wednesday, March 11th. The company reported C($0.14) earnings per share for the quarter. The company had revenue of C$305.58 million during the quarter. North American Construction Group had a return on equity of 7.88% and a net margin of 2.63%. As a group, equities research analysts expect that North American Construction Group will post 4.0597484 earnings per share for the current fiscal year.

More North American Construction Group News

Here are the key news stories impacting North American Construction Group this week:

• Positive Sentiment: Multiple broker upgrades: Raymond James maintained an “outperform” rating (PT trimmed C$26 → C$24), ATB Cormark upgraded NOA to “outperform” (PT C$21), and Canaccord raised the stock from “hold” to “buy” (PT C$20). These upgrades increase buy-side visibility and likely supported the rally. Analyst Ratings Roundup
• Positive Sentiment: Corporate update: North American Construction filed its 2025 annual report and signaled a “2026 growth pivot” — a forward-looking message that can boost investor confidence in recovery/earnings traction next year. Annual Report / Growth Pivot
• Neutral Sentiment: ESG disclosure: The company filed a 2025 Supply Chains Anti‑Slavery Report — improves governance/transparency but is unlikely to move near-term fundamentals. Anti‑Slavery Report
• Negative Sentiment: Quarterly results were mixed: NOA reported a loss per share (C($0.14)) on C$305.6M revenue; net margin ~3% and ROE ~9.3%. The EPS shortfall is a near-term negative that could cap upside until profitability normalizes. Quarterly Results
• Negative Sentiment: Broker downgrade: BMO cut NOA from “outperform” to “market perform” and lowered its PT to C$23, which is a counterweight to the upgrades and may limit upside for more conservative investors. BMO Coverage Change

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.