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North American Construction Group Ltd. Acquires 19,100 Shares of North American Construction Group Ltd. (TSE: NOA) Stock:

Posted on June 13, 2022 By admin No Comments on North American Construction Group Ltd. Acquires 19,100 Shares of North American Construction Group Ltd. (TSE: NOA) Stock:

North American Construction Group Ltd. (TSE: NOA – Get Rating) (NYSE: NOA) insider North American Construction Group Ltd. purchased 19,100 shares of the stock in a transaction that occurred on Friday, June 10th. The stock was bought at an average price of C $ 16.35 per share, with a total value of C $ 312,290.73. Following the completion of the acquisition, the insider now owns 92,600 shares in the company, valued at approximately C $ 1,514,037.78.

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

  • On Wednesday, June 8th, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The stock was bought at an average price of C $ 17.18 per share, with a total value of C $ 328,231.59.
  • On Monday, June 6th, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The shares were bought at an average cost of C $ 16.83 per share, for a total transaction of C $ 321,525.58.
  • On Friday, June 3rd, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The shares were bought at an average cost of C $ 16.83 per share, for a total transaction of C $ 321,418.62.
  • On Wednesday, June 1st, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The shares were purchased at an average cost of C $ 16.70 per share, with a total value of C $ 318,922.25.
  • On Monday, May 30th, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The shares were purchased at an average cost of C $ 16.73 per share, with a total value of C $ 319,510.53.
  • On Thursday, May 26th, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The stock was acquired at an average price of C $ 16.34 per share, for a total transaction of C $ 312,164.67.
  • On Tuesday, May 24th, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The stock was acquired at an average price of C $ 15.86 per share, for a total transaction of C $ 302,878.25.
  • On Friday, May 20th, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The stock was acquired at an average price of C $ 15.51 per share, for a total transaction of C $ 296,229.54.
  • On Wednesday, May 18th, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The shares were bought at an average cost of C $ 15.80 per share, with a total value of C $ 301,688.32.
  • On Monday, May 16th, North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock. The shares were bought at an average cost of C $ 15.87 per share, with a total value of C $ 303,021.50.

North American Construction Group stock opened at C $ 16.30 on Monday. The firm has a market capitalization of C $ 462.92 million and a P / E ratio of 11.10. The company has a 50-day simple moving average of C $ 16.92 and a 200-day simple moving average of C $ 18.10. North American Construction Group Ltd. has a one year low of C $ 14.75 and a one year high of C $ 22.00. The company has a debt-to-equity ratio of 141.92, a quick ratio of 0.64 and a current ratio of 1.06.

North American Construction Group (TSE: NOA – Get Rating) (NYSE: NOA) last released its quarterly earnings results on Wednesday, April 27th. The company reported C $ 0.51 earnings per share for the quarter, missing analysts’ consensus estimates of C $ 0.56 by C ($ 0.05). The firm had revenue of C $ 176.71 million during the quarter, compared to the consensus estimate of C $ 186.90 million. As a group, sell-side analysts forecast that North American Construction Group Ltd. will post 2.5099997 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 8th. Investors of record on Friday, July 8th will be issued a $ 0.08 dividend. This represents a $ 0.32 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date is Thursday, May 26th. North American Construction Group’s dividend payout ratio (DPR) is 13.62%.

NOA has been the topic of a number of recent analyst reports. CIBC cut their target price on shares of North American Construction Group from C $ 23.00 to C $ 22.00 and set a “neutral” rating on the stock in a research note on Friday, April 29th. BMO Capital Markets cut their target price on shares of North American Construction Group from C $ 26.00 to C $ 24.00 in a research note on Thursday, April 28th. Raymond James lifted their target price on North American Construction Group from C $ 26.50 to C $ 27.50 and gave the stock an “outperform” rating in a research report on Monday, April 25th. Canaccord Genuity Group lifted their target price on North American Construction Group from C $ 28.00 to C $ 29.00 in a research report on Friday, February 18th. Finally, National Bankshares lifted their target price on North American Construction Group from C $ 27.00 to C $ 30.00 and gave the stock an “outperform” rating in a research report on Friday, February 18th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C $ 26.44.

North American Construction Group Company Profile: (Get Rating)

North American Construction Group Ltd. provides equipment maintenance, and mining and heavy construction services in Canada, the United States, and Australia. The company Heavy Construction & Mining division offers constructability reviews, budgetary cost estimates, design-build construction, project management, contract mining, pre-stripping / pit pioneering, overburden removal and stockpile, muskeg removal and stockpile, site preparation, air strip construction, site dewatering / perimeter ditching, tailings and process pipelines, haulage and access road construction, tailings dam construction and densification, mechanically stabilized earth walls, dyke construction, and reclamation services.

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