North American Construction Group Ltd. (TSE:NOA) Director Martin Robert Ferron Acquires 2,900 Shares

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) Director Martin Robert Ferron purchased 2,900 shares of North American Construction Group stock in a transaction on Monday, November 18th. The stock was purchased at an average price of C$27.68 per share, for a total transaction of C$80,272.00.

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

• On Tuesday, November 12th, Martin Robert Ferron bought 6,000 shares of North American Construction Group stock. The shares were bought at an average price of C$27.98 per share, for a total transaction of C$167,884.20.
• On Tuesday, September 10th, Martin Robert Ferron bought 3,000 shares of North American Construction Group stock. The shares were bought at an average price of C$24.15 per share, for a total transaction of C$72,460.80.

North American Construction Group Stock Down 0.2 %

Shares of TSE:NOA opened at C$27.42 on Thursday. The company has a 50 day moving average price of C$25.74 and a two-hundred day moving average price of C$26.50. The company has a debt-to-equity ratio of 210.33, a quick ratio of 0.79 and a current ratio of 1.03. North American Construction Group Ltd. has a 52 week low of C$22.68 and a 52 week high of C$34.87. The company has a market capitalization of C$732.94 million, a PE ratio of 15.01, a PEG ratio of 0.79 and a beta of 1.59.

North American Construction Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd will be given a dividend of $0.12 per share. This is an increase from North American Construction Group’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $0.48 annualized dividend and a dividend yield of 1.75%. North American Construction Group’s dividend payout ratio is currently 21.86%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. TD Securities reduced their target price on shares of North American Construction Group from C$34.00 to C$33.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Canaccord Genuity Group upped their target price on shares of North American Construction Group from C$30.00 to C$32.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. National Bankshares boosted their price target on shares of North American Construction Group from C$39.00 to C$40.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Ventum Financial dropped their price target on shares of North American Construction Group from C$52.00 to C$47.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Finally, Raymond James dropped their price target on shares of North American Construction Group from C$40.00 to C$35.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat, North American Construction Group presently has a consensus rating of “Buy” and a consensus price target of C$36.25.

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.