North American Construction Group (TSE:NOA) Stock Price Expected to Rise, National Bankshares Analyst Says

North American Construction Group (TSE:NOA) (NYSE:NOA) had its price target hoisted by analysts at National Bankshares from C$26.00 to C$28.00 in a research note issued to investors on Monday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price target suggests a potential upside of 47.45% from the stock’s current price.

Other equities research analysts have also issued research reports about the stock. BMO Capital Markets dropped their price objective on shares of North American Construction Group from C$27.00 to C$25.00 in a research note on Friday, October 10th. ATB Capital set a C$26.00 price target on North American Construction Group and gave the stock a “sector perform” rating in a research note on Thursday, October 23rd. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of C$30.31.

North American Construction Group Stock Up 0.5%

North American Construction Group stock traded up C$0.09 during trading hours on Monday, hitting C$18.99. 132,200 shares of the stock traded hands, compared to its average volume of 105,448. North American Construction Group has a one year low of C$16.78 and a one year high of C$31.67. The firm’s 50-day moving average price is C$20.00 and its two-hundred day moving average price is C$20.65. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 212.25. The company has a market cap of C$552.13 million, a PE ratio of 14.95, a PEG ratio of 0.79 and a beta of 0.42.

North American Construction Group (TSE:NOA) (NYSE:NOA) last released its earnings results on Wednesday, November 12th. The company reported C$0.67 EPS for the quarter. The company had revenue of C$317.25 million during the quarter. North American Construction Group had a return on equity of 15.24% and a net margin of 4.80%. On average, research analysts forecast that North American Construction Group will post 4.0597484 EPS for the current year.

North American Construction Group Company Profile

North American Construction Group Ltd is Canada’s provider of heavy civil construction and mining contractors. The company has provided services to the oil, natural gas and resource companies.