Bullboard - Stock Discussion Forum North American Construction Group Ltd T.NOA

Alternate Symbol(s): NOA | T.NOA.DB.A | T.NOA.DB.B

North American Construction Group Ltd. is a Canada-based company. The Company provides a range of mining and heavy civil construction services to customer in the resource development and industrial construction sectors within Canada, the United States, and Australia. Its segments are Heavy Equipment - Canada, Heavy Equipment - Australia, and Other. Heavy Equipment - Canada and Heavy Equipment -... see more

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TSX:NOA - Post Discussion

North American Construction Group Ltd > Panic-Proof Portfolio

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Post by retiredcf on Jan 14, 2022 6:58am

Panic-Proof Portfolio

TOP PICK

North American Construction Group(NOA-T)

12/01/2022 at 07:00pm

Stockchase Research Editor: Michael O'Reilly With infrastructure spending and inflation a focus of the market, we once again reiterate NOA as a TOP PICK. Recently reported earnings and revenue beat analyst expectations by 5% each. It trades at 12x earnings compared to peers at 16x. With good growth prospects, the PEG ratio is under 1.0 and it trades just over 2x book. It pays a small dividend backed by a payout ratio under 15% of cash flow. We continue to recommend a stop loss at $15, looking to achieve $25.50 -- upside potential over 30%. Yield 0.83% (Analysts’ price target is $25.57)

The Panic-Proof Portfolio (Stockchase Research)

$19.450

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