North American Construction Group Ltd. (TSE:NOA) Director Martin Robert Ferron Buys 5,000 Shares

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) Director Martin Robert Ferron bought 5,000 shares of the business’s stock in a transaction dated Tuesday, May 21st. The stock was bought at an average cost of C$19.81 per share, for a total transaction of C$99,050.00.

Martin Robert Ferron also recently made the following trade(s):

• On Thursday, May 16th, Martin Robert Ferron purchased 5,000 shares of North American Construction Group stock. The stock was purchased at an average price of C$27.68 per share, for a total transaction of C$138,400.00.
• On Tuesday, April 2nd, Martin Robert Ferron sold 20,000 shares of North American Construction Group stock. The shares were sold at an average price of C$22.85, for a total transaction of C$457,000.00.
• On Tuesday, March 19th, Martin Robert Ferron sold 4,000 shares of North American Construction Group stock. The stock was sold at an average price of C$31.85, for a total transaction of C$127,400.00.

North American Construction Group Trading Up 1.0 %

Shares of TSE:NOA opened at C$27.38 on Wednesday. North American Construction Group Ltd. has a 52-week low of C$24.18 and a 52-week high of C$34.87. The stock has a market capitalization of C$731.87 million, a price-to-earnings ratio of 15.47, a PEG ratio of 0.79 and a beta of 1.64. The company has a debt-to-equity ratio of 206.01, a quick ratio of 0.79 and a current ratio of 1.04. The stock’s 50-day simple moving average is C$29.58 and its two-hundred day simple moving average is C$29.62.

North American Construction Group (TSE:NOA) (NYSE:NOA) last announced its earnings results on Wednesday, March 13th. The company reported C$0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.82 by C$0.06. North American Construction Group had a net margin of 5.21% and a return on equity of 15.22%. The company had revenue of C$326.30 million during the quarter, compared to analyst estimates of C$315.13 million. Analysts expect that North American Construction Group Ltd. will post 4.4793388 EPS for the current year.

North American Construction Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 5th. Stockholders of record on Friday, July 5th will be paid a $0.10 dividend. The ex-dividend date is Friday, May 31st. This represents a $0.40 annualized dividend and a dividend yield of 1.46%. North American Construction Group’s dividend payout ratio (DPR) is 22.60%.

Analyst Ratings Changes

NOA has been the subject of a number of recent analyst reports. BMO Capital Markets decreased their price objective on shares of North American Construction Group from C$39.00 to C$37.00 and set an “outperform” rating for the company in a report on Thursday, May 2nd. TD Securities raised North American Construction Group from a “hold” rating to a “buy” rating and set a C$34.00 price target on the stock in a report on Thursday, April 18th. CIBC lifted their price objective on North American Construction Group from C$32.50 to C$33.00 in a report on Friday, March 15th. ATB Capital lowered 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. Finally, National Bankshares raised their price target on shares of North American Construction Group from C$46.00 to C$47.00 and gave the company an “outperform” rating in a report on Friday, May 3rd. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$40.57.

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.