North American Construction Group (TSE:NOA – Get Free Report) (NYSE:NOA) had its price objective lowered by equities researchers at BMO Capital Markets from C$42.00 to C$39.00 in a research report issued on Tuesday, BayStreet.CA reports. BMO Capital Markets’ price objective would suggest a potential upside of 34.25% from the stock’s current price.
NOA has been the subject of several other research reports. CIBC boosted their target price on shares of North American Construction Group from C$32.50 to C$33.00 in a research note on Friday, March 15th. ATB Capital cut their target price on shares of North American Construction Group from C$46.00 to C$45.00 in a research note on Thursday, March 14th. TD Securities raised shares of North American Construction Group from a “hold” rating to a “buy” rating and set a C$34.00 target price for the company in a research note on Thursday, April 18th. Finally, National Bankshares boosted their target price on shares of North American Construction Group from C$43.00 to C$46.00 in a research note on Friday, March 15th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$39.75.
North American Construction Group Price Performance
North American Construction Group (TSE:NOA – Get Free Report) (NYSE:NOA) last released its quarterly earnings data on Wednesday, March 13th. The company reported C$0.88 EPS for the quarter, topping the consensus estimate of C$0.82 by C$0.06. North American Construction Group had a net margin of 6.60% and a return on equity of 19.06%. The business had revenue of C$326.30 million for the quarter, compared to analyst estimates of C$315.13 million. On average, equities research analysts expect that North American Construction Group will post 4.4898551 earnings per share for the current fiscal year.
Insider Activity
In other news, Director Martin Robert Ferron sold 20,000 shares of the company’s stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of C$22.85, for a total transaction of C$457,000.00. Corporate insiders own 8.44% of the company’s stock.
North American Construction Group Company Profile
North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.
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