BMO cuts target to USD 15.43 for North American Construction Group stock

Published on 10/17/2026 at 19:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached CAD 400.96 million. North American Construction Group stock stood at USD 11.59 on October 16, 2026, up 1.13 percent on NYSE.

BMO target and quarterly revenue

BMO Capital cut its target from USD 16.90 to USD 15.43 on October 7, 2026.
Second-quarter revenue reached CAD 400.96 million for the period ended June 30, 2026.
North American Construction Group stock stood at USD 11.59 at 4:00 p.m. ET on October 16, 2026, 1.13 percent above its prior close and 32.85 percent below its 52-week high.
The stock carried a price-to-earnings ratio of 14.99 and a market capitalization of USD 311.9 million on October 16, 2026.

NOA, CA6568111067, Illustration mit AI erstellt.

North American Construction Group (CA6568111067) faced a lower analyst valuation after BMO Capital cut its target from USD 16.90 to USD 15.43 and kept a Hold rating on October 7, 2026, according to Futu News. The new target stood 33.13 percent above the USD 11.59 price. North American Construction Group stock last stood at USD 11.59 at 4:00 p.m. ET on October 16, 2026, up 1.13 percent from USD 11.46.

BMO target remains above price

The target revision leaves a clear valuation gap, but the direction of the change matters. BMO moved the target down by USD 1.47, or 8.70 percent, from USD 16.90 to USD 15.43. The rating remained Hold rather than shifting to a more positive or negative view.

Second-quarter revenue reached CAD 400.96 million

North American Construction Group reported revenue of CAD 400.96 million and earnings per share of CAD 0.32 for the second quarter ended June 30, 2026, according to MarketBeat. The company operates heavy construction, mining and equipment maintenance businesses across Canada, the United States and Australia, according to North American Construction Group.

Stock position spans USD 10.85 to USD 17.26

The October 16 quote stood 32.85 percent below the USD 17.26 52-week high and 6.82 percent above the USD 10.85 52-week low. Trading volume was 104,554 shares against an average volume of 109,425 shares, putting activity at 4.46 percent below its average.

Valuation uses a price-to-earnings ratio of 14.99

The company had a market capitalization of USD 311.9 million, a price-to-earnings ratio of 14.99 and a dividend yield of 3.00 percent as of October 16, 2026. North American Construction Group is listed on the TSX and NYSE under NOA, with its Canadian listing defining the home market.

Comparison with peers

North American Construction Group (NYSE, USD): plus 1.13 percent, price-to-earnings ratio 14.99, market capitalization USD 311.9 million
North American Construction Group (TSX, CAD): plus 0.80 percent, price-to-earnings ratio 14.99, market capitalization CAD 430.6 million
North American Construction Group index context (TSX, CAD): plus 0.80 percent, price-to-earnings ratio 14.99, market capitalization CAD 430.6 million

Trading position for investors

The dated quote sat 33.13 percent below the BMO target and 32.85 percent below the 52-week high. The second-quarter revenue figure provides the operating reference, while the lower target shows that analyst valuation has become more cautious.

North American Construction Group stock last stood at USD 11.59 at 4:00 p.m. ET on October 16, 2026, 1.13 percent above USD 11.46 and 32.85 percent below the 52-week high of USD 17.26.