North American Construction Group (NYSE:NOA – Get Free Report) (TSE:NOA) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 3.120-3.490 for the period, compared to the consensus EPS estimate of 3.290. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.0 billion.
North American Construction Group Stock Down 0.8 %
North American Construction Group stock opened at $20.47 on Friday. The firm has a market cap of $547.37 million, a price-to-earnings ratio of 15.51 and a beta of 1.52. North American Construction Group has a 52-week low of $18.02 and a 52-week high of $26.30. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.71 and a current ratio of 1.04. The firm has a 50 day moving average price of $22.81 and a two-hundred day moving average price of $21.88.
North American Construction Group (NYSE:NOA – Get Free Report) (TSE:NOA) last posted its quarterly earnings data on Wednesday, May 1st. The oil and gas company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.01). The business had revenue of $220.33 million during the quarter, compared to the consensus estimate of $217.28 million. North American Construction Group had a return on equity of 19.48% and a net margin of 5.21%. During the same period last year, the business posted $0.71 earnings per share. Equities analysts predict that North American Construction Group will post 2.84 EPS for the current year.
North American Construction Group Cuts Dividend
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the stock. StockNews.com downgraded shares of North American Construction Group from a buy rating to a hold rating in a research report on Friday. TD Cowen raised shares of North American Construction Group from a hold rating to a buy rating in a research report on Thursday, April 18th.
Get Our Latest Stock Analysis on North American Construction Group
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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