North American Construction Group Ltd. (TSE:NOA – Get Free Report) (NYSE:NOA) Director Martin Robert Ferron bought 10,000 shares of North American Construction Group stock in a transaction that occurred on Tuesday, May 19th. The shares were acquired at an average price of C$20.45 per share, with a total value of C$204,500.00. Following the completion of the acquisition, the director directly owned 2,285,738 shares of the company’s stock, valued at C$46,743,342.10. This represents a 0.44% increase in their position.
North American Construction Group Trading Down 3.6%
North American Construction Group stock opened at C$20.26 on Wednesday. The company has a 50 day moving average price of C$19.57 and a 200 day moving average price of C$20.21. North American Construction Group Ltd. has a 52 week low of C$16.45 and a 52 week high of C$24.90. The company has a debt-to-equity ratio of 202.48, a quick ratio of 0.79 and a current ratio of 1.11. The firm has a market capitalization of C$575.69 million, a price-to-earnings ratio of 18.09, a P/E/G ratio of 0.79 and a beta of 0.86.
North American Construction Group (TSE:NOA – Get Free Report) (NYSE:NOA) last posted its quarterly earnings data on Wednesday, May 13th. The company reported C$0.37 EPS for the quarter. North American Construction Group had a net margin of 2.63% and a return on equity of 7.69%. The firm had revenue of C$319.22 million during the quarter. Research analysts forecast that North American Construction Group Ltd. will post 4.0597484 EPS for the current year.
North American Construction Group Dividend Announcement
Wall Street Analyst Weigh In
NOA has been the topic of several recent analyst reports. Canaccord Genuity Group upgraded shares of North American Construction Group from a “hold” rating to a “buy” rating and set a C$20.00 target price on the stock in a report on Friday, March 13th. Raymond James Financial lifted their target price on shares of North American Construction Group from C$24.00 to C$26.00 in a report on Wednesday, April 29th. Roth Mkm upgraded shares of North American Construction Group to a “strong-buy” rating in a report on Thursday, February 5th. BMO Capital Markets lifted their target price on shares of North American Construction Group from C$21.00 to C$22.00 and gave the stock a “market perform” rating in a report on Thursday, May 14th. Finally, ATB Cormark Capital Markets lifted their target price on shares of North American Construction Group from C$21.00 to C$24.00 and gave the stock a “sector perform” rating in a report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$22.71.
Read Our Latest Stock Report on NOA
About North American Construction Group
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.
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