North American Construction Group Ltd. (TSE:NOA) Given Consensus Recommendation of “Hold” by Analysts

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) has earned an average rating of “Hold” from the eight brokerages that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is C$28.06.

NOA has been the subject of a number of analyst reports. BMO Capital Markets dropped their price objective on North American Construction Group from C$27.00 to C$25.00 in a research note on Friday, October 10th. ATB Capital set a C$26.00 price target on shares of North American Construction Group and gave the company a “sector perform” rating in a research report on Thursday, October 23rd. National Bankshares set a C$28.00 target price on shares of North American Construction Group and gave the stock an “outperform” rating in a report on Monday, December 22nd. TD Securities lowered their price target on North American Construction Group from C$21.00 to C$19.00 and set a “hold” rating for the company in a research report on Friday, December 19th. Finally, CIBC dropped their price target on North American Construction Group from C$22.00 to C$20.00 in a research note on Tuesday, December 30th.

North American Construction Group Stock Down 0.9%

Shares of NOA opened at C$21.07 on Friday. The company has a debt-to-equity ratio of 212.25, a current ratio of 1.13 and a quick ratio of 0.79. North American Construction Group has a 1 year low of C$16.78 and a 1 year high of C$30.25. The stock has a 50 day simple moving average of C$19.89 and a two-hundred day simple moving average of C$20.02. The firm has a market cap of C$612.61 million, a P/E ratio of 16.59, a P/E/G ratio of 0.79 and a beta of 0.44.

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

North American Construction Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 9th. Stockholders of record on Friday, January 9th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.3%. 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.