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North American Construction Group ( (TSE:NOA) ) has shared an update.
North American Construction Group Ltd. reported its financial results for the second quarter ending June 30, 2025, showing a 12% increase in combined revenue to $370.6 million, driven by strong performance in its Australian and Canadian segments. However, adjusted EBITDA and EPS fell short of expectations due to operational challenges, including labor market constraints in Australia and demand volatility in Canadian oil sands. Despite these setbacks, the company remains optimistic about its second-half performance, supported by a significant $2.0 billion contract in Queensland and ongoing strategic initiatives to enhance operational efficiency.
The most recent analyst rating on (TSE:NOA) stock is a Buy with a C$45.00 price target. To see the full list of analyst forecasts on North American Construction Group stock, see the TSE:NOA Stock Forecast page.
Spark’s Take on TSE:NOA Stock
According to Spark, TipRanks’ AI Analyst, TSE:NOA is a Neutral.
North American Construction Group’s overall stock score reflects strong revenue growth and operational efficiency, balanced by challenges in profitability and cash flow. The technical indicators suggest potential bearish momentum, while the valuation is reasonable with a fair P/E ratio and dividend yield. The earnings call provided a balanced view of achievements and challenges, contributing positively to the score.
To see Spark’s full report on TSE:NOA stock, click here.
More about North American Construction Group
North American Construction Group Ltd. operates in the construction industry, offering diversified services primarily in heavy equipment and mining sectors. The company focuses on operations in Australia and Canada, leveraging its global scale and diversification to drive long-term growth.
Average Trading Volume: 73,052
Technical Sentiment Signal: Hold
Current Market Cap: C$666.6M
For detailed information about NOA stock, go to TipRanks’ Stock Analysis page.