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North American Construction Group Ltd (NOA)
NYSE:NOA

North American Construction Group (NOA) Price & Analysis

332 Followers

NOA Stock Chart & Stats

$13.34
-$0.07(-0.50%)
At close: 4:00 PM EDT
$13.34
-$0.07(-0.50%)

Bulls Say, Bears Say

Bulls Say
Contractual BacklogThe record backlog provides substantial revenue visibility beyond the current quarter and supports continued equipment utilization. A large contracted base can help stabilize activity through normal project timing changes while giving the company a platform to convert its broader pipeline into future growth.
Revenue Growth OutlookRaised revenue guidance and first-half revenue above $875 million indicate continued expansion in the company’s contracted work base. Sustained top-line growth can improve fleet utilization, reinforce customer relationships, and support operating scale over the next several quarters.
Australia ExpansionAustralia is becoming a meaningful growth engine, while the IMC integration and new Muchea workshop expand maintenance capacity and project support. This broadens the company’s operating footprint and may improve its ability to pursue larger resource-sector contracts.
Bears Say
Elevated LeverageHigher debt following the IMC acquisition and equipment purchases reduces financial flexibility in a cyclical contracting business. Elevated leverage also increases the importance of sustained EBITDA delivery and limits the room available for weaker projects, downturns, or additional strategic investment.
Weak Free-Cash-Flow ConversionHealthy operating cash flow is not yet translating consistently into free cash flow, limiting the company’s ability to deleverage internally. Persistently low conversion can leave growth dependent on financing and make balance-sheet improvement slower even when operations remain active.
Margin CompressionLower gross and net margins indicate that recent growth is more volume-driven than margin-driven. Reduced profitability leaves less protection against cost pressure or unfavorable project mix, and it can constrain earnings growth unless productivity, pricing, or contract economics improve.

North American Construction Group News

NOA FAQ

What was North American Construction Group Ltd’s price range in the past 12 months?
North American Construction Group Ltd lowest stock price was $10.85 and its highest was $17.26 in the past 12 months.
    What is North American Construction Group Ltd’s market cap?
    North American Construction Group Ltd’s market cap is $329.98M.
      When is North American Construction Group Ltd’s upcoming earnings report date?
      North American Construction Group Ltd’s upcoming earnings report date is Nov 04, 2026 which is in 7 days.
        How were North American Construction Group Ltd’s earnings last quarter?
        North American Construction Group Ltd released its earnings results on Aug 12, 2026. The company reported $0.242 earnings per share for the quarter, beating the consensus estimate of $0.168 by $0.074.
          Is North American Construction Group Ltd overvalued?
          According to Wall Street analysts North American Construction Group Ltd’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does North American Construction Group Ltd pay dividends?
            North American Construction Group Ltd pays a Quarterly dividend of $0.086 which represents an annual dividend yield of 2.8%. See more information on North American Construction Group Ltd dividends here
              What is North American Construction Group Ltd’s EPS estimate?
              North American Construction Group Ltd’s EPS estimate is 0.38.
                How many shares outstanding does North American Construction Group Ltd have?
                North American Construction Group Ltd has 26,913,895 shares outstanding.
                  What happened to North American Construction Group Ltd’s price movement after its last earnings report?
                  North American Construction Group Ltd reported an EPS of $0.242 in its last earnings report, beating expectations of $0.168. Following the earnings report the stock price went down -6.016%.
                    Which hedge fund is a major shareholder of North American Construction Group Ltd?
                    Currently, no hedge funds are holding shares in NOA
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      North American Construction Group Ltd

                      North American Construction Group Ltd. (NACG) specializes in providing heavy construction, mining, and equipment maintenance services across Canada, the United States, and Australia. Its Heavy Construction & Mining division undertakes a comprehensive range of projects, from initial constructability reviews and budgetary cost estimates to full design-build construction and project management. Specific capabilities include contract mining, pre-stripping, pit pioneering, and the removal and stockpiling of overburden and muskeg. This division also handles site preparation, air strip construction, site dewatering, perimeter ditching, constructing tailings and process pipelines, and developing haulage and access roads. Further expertise lies in tailings dam construction and densification, mechanically stabilized earth walls, dyke construction, and essential reclamation services. Complementing these operations, the Equipment Maintenance Services division offers extensive support for machinery fleets. Its services span routine tasks like fuel and lubrication, portable steaming, and detailed equipment inspections, along with the supply of necessary parts and components. More complex offerings include major overhauls and complete equipment refurbishment, on-site haul truck brake testing, and continuous on-site maintenance support. Specialized services feature undercarriage rebuilds, precision machining, hose manufacturing, and dedicated technical assistance, alongside expert welding, fabrication, repair work, weld certification, and inspection services. The company primarily caters to clients within the resource development and industrial construction sectors. Established in 1953 and headquartered in Acheson, Canada, the company adopted its current name, North American Construction Group Ltd., in April 2018, having previously operated as North American Energy Partners Inc.

                      North American Construction Group (NOA) Earnings & Revenues

                      NOA Company Deck

                      NOA Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call conveyed a generally positive operational and strategic trajectory: material revenue growth, record backlog, successful IMC integration, and improved operating metrics supported a raised revenue guide and maintained EBITDA/FCF ranges. However, the quarter also showed notable financial trade-offs—an acquisition-driven rise in net debt and interest expense, higher sustaining/growth capital needs (particularly for oil sands), some missed bids, and indications that a portion of the revenue increase is flow-through with limited immediate margin uplift. On balance the company appears to be investing for sustainable growth while managing near-term cost and leverage implications.View all NOA earnings summaries

                      NOA Stock 12 Month Forecast

                      Average Price Target

                      $18.62
                      ▲(39.59% Upside)
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                      Ownership Overview

                      5.50%0.06%88.69%
                      ―
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                      0.06% Other Institutional Investors
                      88.69% Public Companies and
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