North American Construction Group Ltd. buys 3,000 shares of North American Construction Group Ltd. (TSE: NOA)


North American Construction Group Ltd. (EAST: NOAGet a rating) (NYSE:NOA) insider North American Construction Group Ltd. acquired 3,000 shares of the company in a transaction that took place on Monday, April 18. The shares were purchased at an average price of CA$18.80 per share, for a total transaction of CA$56,409.90. Following the completion of the purchase, the insider now owns 3,000 shares of the company, valued at approximately C$56,409.90.

North American Construction Group Ltd. also recently made the following trade(s):

  • On Friday, April 22, North American Construction Group Ltd. acquired 10,000 shares of North American Construction Group. The shares were purchased at an average price of CA$17.86 per share, for a total transaction of CA$178,645.00.
  • On Wednesday, April 20, North American Construction Group Ltd. acquired 10,000 shares of North American Construction Group. The shares were purchased at an average price of CA$18.65 per share, for a total transaction of CA$186,471.00.
  • On Wednesday, April 13, North American Construction Group Ltd. acquired 10,000 shares of North American Construction Group. The shares were purchased at an average price of CA$18.49 per share, for a total transaction of CA$184,870.00.
  • On Monday, April 11, North American Construction Group Ltd. acquired 10,000 shares of North American Construction Group. The shares were purchased at an average price of CA$18.74 per share, for a total transaction of CA$187,400.00.
  • On Wednesday, April 6, North American Construction Group Ltd. acquired 24,000 shares of North American Construction Group. The shares were purchased at an average price of CA$17.99 per share, for a total transaction of CA$431,719.20.
  • On Monday, March 14, North American Construction Group Ltd. acquired 24,296 shares of North American Construction Group. The shares were purchased at an average price of CA$17.94 per share, for a total transaction of CA$435,858.09.

Shares of PNA traded at C$0.47 midday Friday, reaching C$17.74. The stock recorded a trading volume of 70,685 shares, compared to an average volume of 77,372 shares. The company’s 50-day moving average is C$18.90 and its 200-day moving average is C$18.99. North American Construction Group Ltd. has a 12-month low of C$13.60 and a 12-month high of C$22.00. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt ratio of 141.93. The company has a market capitalization of C$531.74 million and a price-to-earnings ratio of 10.79.

North American Construction Group (EAST: NOAGet a rating) (NYSE:NOA) last released its quarterly earnings data on Wednesday, February 16. The company reported earnings per share (EPS) of C$0.59 for the quarter, beating analyst consensus estimates of C$0.57 by C$0.02. The company posted revenue of C$181.00 million in the quarter, compared to C$185.50 million expected by analysts. Research analysts predict that North American Construction Group Ltd. will post EPS of 2.3800001 for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, April 8. Investors of record on Friday, March 4 received a dividend of $0.08 per share. The ex-dividend date was Thursday, March 3. This is a boost from North American Construction Group’s previous quarterly dividend of $0.04. This represents an annualized dividend of $0.32 and a yield of 1.80%. North American Construction Group’s dividend payout ratio is currently 9.73%.

A number of stock analysts have weighed in on NOA shares. CIBC raised its price target on North American Construction Group from C$22.00 to C$23.00 and gave the stock a “neutral” rating in a Friday, Feb. 18 research note. Raymond James restated an “outperform” rating and published a C$26.50 target price on North American Construction Group stock in a research note on Thursday, February 17. National Bank Stocks raised its target price on North American Construction Group from C$27.00 to C$30.00 and gave the stock an “outperform” rating in a Friday research note. February 18. Finally, Canaccord Genuity Group raised its price target on the North American Construction Group from C$28.00 to C$29.00 in a Friday, February 18 research note. One equity research analyst gave the stock a hold rating and eight gave the company’s stock a buy rating. Based on data from MarketBeat.com, North American Construction Group currently has a consensus buy rating and an average price target of C$26.20.

North American Construction Group Company Profile (Get a rating)

North American Construction Group Ltd. provides equipment maintenance and mining and heavy construction services in Canada, the United States and Australia. The company’s Heavy Construction & Mining division offers constructability reviews, budget cost estimates, design-build construction, project management, contract mining, pit pre-stripping/pioneering , overburden removal and storage, pothole removal and storage, site preparation, airstrip construction, site dewatering/perimeter ditch, tailings and process lines, construction of haul and access roads, construction and densification of tailings dams, mechanically stabilized earth walls, construction of dams and reclamation services.

Further reading

Insider buying and selling by quarter for North American Construction Group (TSE:NOA)



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