North American Construction Group Ltd. (TSE:NOA) Insider Buys C$318,922.25 in Stock

North American Construction Group Ltd. (TSE:NOAGet Rating) (NYSE:NOA) insider North American Construction Group Ltd. purchased 19,100 shares of North American Construction Group stock in a transaction dated Wednesday, June 1st. The stock was acquired at an average cost of C$16.70 per share, with a total value of C$318,922.25. Following the completion of the acquisition, the insider now directly owns 57,300 shares in the company, valued at C$956,766.75.

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

  • 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, with a total value of C$321,418.62.
  • On Monday, May 30th, North American Construction Group Ltd. bought 19,100 shares of North American Construction Group stock. The stock was purchased at an average price of C$16.73 per share, for a total transaction of C$319,510.53.
  • On Thursday, May 26th, North American Construction Group Ltd. bought 19,100 shares of North American Construction Group stock. The stock was purchased 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. bought 19,100 shares of North American Construction Group stock. The shares were acquired at an average cost of C$15.86 per share, for a total transaction of C$302,878.25.
  • On Friday, May 20th, North American Construction Group Ltd. acquired 19,100 shares of North American Construction Group stock. The stock was purchased at an average cost of C$15.51 per share, with a total value of C$296,229.54.
  • On Wednesday, May 18th, North American Construction Group Ltd. bought 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. acquired 19,100 shares of North American Construction Group stock. The shares were acquired at an average price of C$15.87 per share, with a total value of C$303,021.50.
  • On Friday, May 13th, North American Construction Group Ltd. acquired 19,100 shares of North American Construction Group stock. The shares were acquired at an average price of C$15.61 per share, with a total value of C$298,158.64.
  • On Wednesday, May 11th, North American Construction Group Ltd. bought 19,100 shares of North American Construction Group stock. The stock was purchased at an average price of C$15.59 per share, with a total value of C$297,761.36.
  • On Monday, May 9th, North American Construction Group Ltd. acquired 19,100 shares of North American Construction Group stock. The shares were bought at an average price of C$15.20 per share, with a total value of C$290,302.81.

TSE:NOA traded down C$0.03 during mid-day trading on Monday, hitting C$16.84. The company’s stock had a trading volume of 51,375 shares, compared to its average volume of 90,227. North American Construction Group Ltd. has a fifty-two week low of C$14.75 and a fifty-two week high of C$22.00. The company has a current ratio of 1.06, a quick ratio of 0.64 and a debt-to-equity ratio of 141.92. The company has a market capitalization of C$504.76 million and a price-to-earnings ratio of 11.47. The stock has a fifty day moving average of C$17.08 and a 200-day moving average of C$18.17.

North American Construction Group (TSE:NOAGet Rating) (NYSE:NOA) last posted its quarterly earnings results on Wednesday, April 27th. The company reported C$0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.56 by C($0.05). The company had revenue of C$176.71 million for the quarter, compared to analysts’ expectations of C$186.90 million. On average, equities analysts anticipate that North American Construction Group Ltd. will post 2.5100001 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 8th. Stockholders of record on Friday, July 8th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Thursday, May 26th. North American Construction Group’s payout ratio is 13.62%.

Several analysts have issued reports on NOA shares. Canaccord Genuity Group boosted their target price on shares of North American Construction Group from C$28.00 to C$29.00 in a research note on Friday, February 18th. National Bankshares upped their price objective on shares of North American Construction Group from C$27.00 to C$30.00 and gave the stock an “outperform” rating in a report on Friday, February 18th. BMO Capital Markets decreased their price objective on shares of North American Construction Group from C$26.00 to C$24.00 in a report on Thursday, April 28th. CIBC decreased their price objective on shares of North American Construction Group from C$23.00 to C$22.00 and set a “neutral” rating for the company in a report on Friday, April 29th. Finally, Raymond James upped their price target on shares of North American Construction Group from C$26.50 to C$27.50 and gave the company an “outperform” rating in a report on Monday, April 25th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, North American Construction Group presently has a consensus rating of “Buy” and a consensus target price of C$26.20.

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's 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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