North American Construction Group (NYSE:NOA) Updates 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.

North American Construction Group Trading Up 2.8 %

NOA traded up $0.47 on Wednesday, hitting $17.42. 113,099 shares of the company were exchanged, compared to its average volume of 63,639. 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 has a 12 month low of $15.62 and a 12 month high of $23.71. The firm has a fifty day simple moving average of $18.64 and a two-hundred day simple moving average of $19.21. The stock has a market capitalization of $483.87 million, a PE ratio of 12.10 and a beta of 1.42.

North American Construction Group (NYSE:NOA) (TSE:NOA) last issued its earnings results on Wednesday, March 19th. The oil and gas company reported $0.59 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%. Sell-side analysts expect that North American Construction Group will post 2.56 earnings per share for the current year.

North American Construction Group Cuts Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.93%. North American Construction Group’s dividend payout ratio is currently 22.92%.

Wall Street Analysts Forecast Growth

NOA has been the subject of a number of recent analyst reports. Cibc World Mkts upgraded North American Construction Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 5th. CIBC raised North American Construction Group from a “neutral” rating to a “sector outperform” rating in a research report on Thursday, December 5th. Finally, Raymond James upgraded shares of North American Construction Group from a “moderate buy” rating to a “strong-buy” rating in a research note on Tuesday, January 21st. One analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy”.

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.