North American Construction Group Ltd. (TSE:NOA) Insider buys C$319,510.53 worth of shares


North American Construction Group Ltd. (TSE:NOA – Get Rating) (NYSE:NOA) insider North American Construction Group Ltd. bought 19,100 shares of the company in a transaction that took place on Monday, May 30. The stock was purchased at an average cost of CA$16.73 per share, for a total transaction of CA$319,510.53. Following the purchase, the insider now directly owns 19,100 shares of the company, valued at approximately C$319,510.53.

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

  • On Friday, June 3, North American Construction Group Ltd. acquired 19,100 shares of North American Construction Group. The shares were acquired at an average price of CA$16.83 per share, with a total value of CA$321,418.62.
  • On Wednesday, June 1, North American Construction Group Ltd. bought 19,100 shares of North American Construction Group. The stock was purchased at an average price of CA$16.70 per share, with a total value of CA$318,922.25.
  • On Thursday, May 26, North American Construction Group Ltd. bought 19,100 shares of North American Construction Group. The shares were acquired at an average cost of CA$16.34 per share, for a total transaction of CA$312,164.67.
  • On Tuesday, May 24, North American Construction Group Ltd. acquired 19,100 shares of North American Construction Group. The shares were acquired at an average cost of CA$15.86 per share, for a total transaction of CA$302,878.25.
  • On Friday, May 20, North American Construction Group Ltd. bought 19,100 shares of North American Construction Group. The shares were purchased at an average cost of CA$15.51 per share, for a total transaction of CA$296,229.54.
  • On Wednesday, May 18, North American Construction Group Ltd. acquired 19,100 shares of North American Construction Group. The stock was purchased at an average price of CA$15.80 per share, with a total value of CA$301,688.32.
  • On Monday, May 16, North American Construction Group Ltd. bought 19,100 shares of North American Construction Group. The shares were purchased at an average cost of CA$15.87 per share, with a total value of CA$303,021.50.
  • On Friday, May 13, North American Construction Group Ltd. acquired 19,100 shares of North American Construction Group. The shares were purchased at an average price of CA$15.61 per share, for a total transaction of CA$298,158.64.
  • On Wednesday, May 11, North American Construction Group Ltd. bought 19,100 shares of North American Construction Group. The shares were purchased at an average cost of CA$15.59 per share, for a total transaction of CA$297,761.36.
  • On Monday, May 9, North American Construction Group Ltd. bought 19,100 shares of North American Construction Group. The shares were purchased at an average cost of CA$15.20 per share, for a total transaction of CA$290,302.81.

NOA was down C$0.03 on Monday, hitting C$16.84. The company had a trading volume of 51,375 shares, compared to an average volume of 90,227. The company has a leverage ratio of 141.92, a current ratio of 1.06 and a quick ratio of 0.64. North American Construction Group Ltd. has a 52-week low of C$14.75 and a 52-week high of C$22.00. The stock has a 50-day simple moving average of C$17.08 and a 200-day simple moving average of C$18.17. The company has a market capitalization of C$504.76 million and a P/E ratio of 11.47.

North American Construction Group (TSE:NOA – Get Rating) (NYSE:NOA) last released quarterly earnings data on Wednesday, April 27. The company reported EPS of C$0.51 for the quarter, missing the consensus estimate of C$0.56 by C$0.05. The company reported revenue of C$176.71 million for the quarter, compared to analyst estimates of C$186.90 million. Equity research analysts expect North American Construction Group Ltd. shows earnings per share of 2.5100001 for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, July 8. Shareholders of record on Friday, July 8 will receive a dividend of $0.08. This represents a dividend of $0.32 on an annualized basis and a yield of 1.90%. The ex-date of this dividend is Thursday, May 26. North American Construction Group’s dividend payout ratio (DPR) is currently 13.62%.

A number of analysts have recently commented on NOA’s actions. Raymond James raised its target price on North American Construction Group from CA$26.50 to CA$27.50 and gave the company an “outperform” rating in a Monday, April 25 research report. National Bank Stocks raised its price target on North American Construction Group from C$27.00 to C$30.00 and gave the company an “outperform” rating in a Friday 18 research note. february. Canaccord Genuity Group raised its target price on the North American construction group from C$28.00 to C$29.00 in a Friday, February 18 research report. BMO Capital Markets lowered its target price on North American Construction Group from C$26.00 to C$24.00 in a Thursday, April 28 research report. Finally, CIBC lowered its price target on North American Construction Group shares from C$23.00 to C$22.00 and set a “neutral” rating on the stock in a Friday, April 29 report. One analyst rated the stock with a hold rating and eight gave the company a buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of CA$26.20.

North American Construction Group Company Profile (Get an assessment)

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.

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