North American Construction Group (NYSE:NOA) Issues FY 2025 Earnings Guidance

North American Construction Group (NYSE:NOA) (TSE:NOA) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.650-2.860 for the period, compared to the consensus EPS estimate of 4.170. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.3 billion.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on NOA shares. Raymond James upgraded shares of North American Construction Group from a “moderate buy” rating to a “strong-buy” rating in a report on Tuesday, January 21st. Cibc World Mkts upgraded shares of North American Construction Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 5th. Finally, CIBC upgraded North American Construction Group from a “neutral” rating to a “sector outperform” rating in a report on Thursday, December 5th. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

North American Construction Group Stock Up 2.8 %

NYSE:NOA traded up $0.47 on Wednesday, hitting $17.42. The stock had a trading volume of 113,099 shares, compared to its average volume of 63,639. The firm’s fifty day simple moving average is $18.64 and its two-hundred day simple moving average is $19.21. The stock has a market cap of $483.87 million, a P/E ratio of 12.10 and a beta of 1.42. North American Construction Group has a 1 year low of $15.62 and a 1 year high of $23.71. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.88 and a current ratio of 1.13.

North American Construction Group (NYSE:NOA) (TSE:NOA) last issued its quarterly earnings results on Wednesday, March 19th. The oil and gas company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.14). North American Construction Group had a return on equity of 26.00% and a net margin of 4.79%. Analysts predict that North American Construction Group will post 2.56 earnings per share for the current year.

North American Construction Group Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.084 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend is Thursday, March 13th. North American Construction Group’s dividend payout ratio is currently 22.92%.

About North American Construction Group

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.