Core Viewpoint - The article emphasizes the importance of identifying and sustaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for maintaining momentum in stock prices [1]. Group 1: Stock Performance - Sterling Infrastructure (STRL) has shown a significant price increase of 95.5% over the past 12 weeks, indicating strong investor interest [3]. - The stock has also increased by 14.6% in the last four weeks, suggesting that the upward trend is still intact [4]. - STRL is currently trading at 91.1% of its 52-week high-low range, indicating a potential breakout [4]. Group 2: Fundamental Strength - STRL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [6]. Group 3: Investment Strategy - The article suggests that investors can utilize the "Recent Price Strength" screen to identify stocks like STRL that are on an uptrend with strong fundamentals [2]. - It also mentions that there are over 45 Zacks Premium Screens available for investors to find potential winning stock picks based on their investing style [7].

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Inves ...

Core Viewpoint - The article emphasizes the importance of timing and sustainability in stock trends for successful short-term investing, highlighting the need for strong fundamentals to maintain momentum [1][2]. Group 1: Stock Performance - Sterling Infrastructure (STRL) has shown a solid price increase of 54.2% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 16.4% in the last four weeks, suggesting that the upward trend is still intact [5]. - STRL is currently trading at 82.3% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - STRL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. - The Zacks Rank system has a strong historical performance, with Zacks Rank 1 stocks averaging a +25% annual return since 1988 [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like STRL that are on an uptrend supported by strong fundamentals [3]. - There are additional stocks that meet the criteria of the "Recent Price Strength" screen, providing further investment opportunities [8]. - The Zacks Research Wizard can assist in backtesting stock-picking strategies to ensure past profitability [9].

Group 1 - North American Construction Group Ltd. (NACG) held its Annual Meeting of Shareholders on May 14, 2025, where shareholders elected directors and approved KPMG LLP as independent auditors [1] - The election results showed strong support for the directors, with Martin R. Ferron receiving 93.39% of votes in favor, and Joseph C. Lambert receiving 99.78% [1] - A non-binding advisory vote on the company's approach to executive compensation was approved with 79.59% of votes in favor [1] Group 2 - NACG is a leading provider of heavy civil construction and mining services in Australia, Canada, and the U.S., with over 70 years of experience in the mining, resource, and infrastructure construction markets [2]

Core Insights - North American Construction Group Ltd. (NACG) reported strong financial results for Q1 2025, with combined revenue of $391.5 million, marking a 13% increase from the previous year, driven by higher equipment utilization in Canada and increased fleet capacity in Australia [5][12][15] - The company faced operational challenges due to severe weather conditions, particularly excessive rainfall in Australia and cold weather in Canada, which impacted overall performance and margins [3][16][17] Financial Performance - Revenue for Q1 2025 was $340.8 million, a 15% increase from $297.0 million in Q1 2024, with heavy equipment segments in Australia and Canada growing by 18% and 13% respectively [12][23] - Adjusted EBITDA increased slightly to $99.9 million, a 3% rise from $97.4 million in the same quarter last year, despite weather-related operational challenges [5][16] - Net income decreased to $6.2 million from $11.5 million in Q1 2024, reflecting higher depreciation and interest expenses [6][23] Operational Highlights - The Fargo-Moorhead flood diversion project surpassed 65% completion, and early development work commenced at a copper mine in New South Wales [5] - The company successfully converted $73 million of debentures into common shares, enhancing its equity position [5] - A new $225 million senior unsecured financing was completed to bolster liquidity for ongoing infrastructure and mining projects [5][31] Strategic Focus - NACG aims to leverage its strong reputation in heavy civil infrastructure and mining sectors in Australia and North America, with a focus on securing new contracts and expanding existing scopes [3][29] - The company is committed to maintaining high safety standards, operational excellence, and sustainability in its projects [29] Liquidity and Capital Structure - As of March 31, 2025, NACG reported net debt of $867.5 million, reflecting an increase due to cash flow usage and growth spending [5][28] - Total available capital liquidity stood at $198.5 million, providing a solid foundation for funding organic growth and working capital investments [28][30] Future Outlook - NACG projects combined revenue for 2025 to be between $1.4 billion and $1.6 billion, with adjusted EBITDA expected to reach $445 million [32] - The company plans to focus on organic growth, diversification of customers, and strategic partnerships to enhance its market position [29][32]

Financial Performance & Targets - Q1 2025 total revenue reached $700 million, a $28 million or 4% increase year-over-year[15, 19] - Adjusted EBITDA for Q1 2025 was $28 million, up $14 million from the previous year, with an adjusted EBITDA margin of 4%, a 190 bps increase year-over-year[15, 19] - The company is reiterating its 2025 guidance and 2027 financial targets[7] - The company targets 9% operating cash flow as a percentage of revenue in 2025[3, 22] - The company is aiming for a 1% year-over-year growth in construction gross profit margin in 2025[3] Construction Segment - The Committed and Awarded Projects (CAP) reached a new record of $57 billion[13, 14] - Construction revenue for Q1 2025 was $615 million, a $19 million increase year-over-year[15] Materials Segment - Materials revenue for Q1 2025 was $85 million, an $8 million increase year-over-year[15] - Aggregate sales volume increased by 17% year-over-year, while asphalt sales volume increased by 34% year-over-year[19, 74] - The company expects high-single digit price increases for aggregates and low-single digit increases for asphalt in 2025[11] Strategic Initiatives - The company is focused on materials-led M&A, reserve expansion, plant automation, and facility upgrades[3, 11] - Memphis Stone & Gravel has rights to an estimated 82 million tons of reserves, and Dickerson & Bowen has rights to an estimated 19 million tons of reserves[3]

Core Viewpoint - North American Construction Group Ltd. (NACG) has successfully closed a private placement offering of $225 million in Senior Unsecured Notes with a 7.75% interest rate, maturing on May 1, 2030, to repay existing debt and for general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of $225 million aggregate principal amount of 7.75% Senior Unsecured Notes due May 1, 2030 [1]. - The Notes were sold in Canada under private placement exemptions and were not registered under the U.S. Securities Act, being offered only to qualified institutional buyers [2]. - The offering was underwritten by several financial institutions, including National Bank Financial Inc. and its U.S. affiliates [3]. Group 2: Company Overview - North American Construction Group Ltd. is a leading provider of heavy civil construction and mining services in Australia, Canada, and the U.S., with over 70 years of experience in the mining, resource, and infrastructure construction markets [4].

Core Points - North American Construction Group Ltd. (NACG) announced a private placement offering of $225 million aggregate principal amount of 7.75% Senior Unsecured Notes due May 1, 2030 [1] - The Notes will accrue interest at a rate of 7.75% per annum, with semi-annual payments starting November 1, 2025 [1] - The net proceeds from the Offering will be used to repay existing indebtedness and for general corporate purposes [2] Offering Details - The Notes are being conditionally offered for sale in Canada and are not registered under the U.S. Securities Act [3] - The Offering is led by National Bank Financial Inc. and several other financial institutions, with expected closing on or about May 1, 2025 [4] Company Overview - NACG is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S., with over 70 years of experience in the mining, resource, and infrastructure construction markets [6]