Equities Analysts Offer Predictions for Cameco Q1 Earnings

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Investment analysts at Raymond James dropped their Q1 2025 earnings per share estimates for shares of Cameco in a report issued on Thursday, February 20th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings per share of $0.23 for the quarter, down from their previous estimate of $0.32. Raymond James also issued estimates for Cameco's Q2 2025 earnings at $0.47 EPS and FY2025 earnings at $1.81 EPS.

A number of other equities research analysts have also recently commented on CCO. Royal Bank of Canada raised their target price on Cameco from C$75.00 to C$90.00 in a research report on Thursday, November 21st. TD Securities dropped their price target on shares of Cameco from C$91.00 to C$90.00 and set a "buy" rating for the company in a research note on Friday, February 21st. Scotiabank upped their price objective on shares of Cameco from C$80.00 to C$86.00 in a research note on Tuesday, November 19th. Eight Capital raised their price objective on shares of Cameco from C$80.00 to C$90.00 in a research report on Friday, November 8th. Finally, BMO Capital Markets lifted their price target on shares of Cameco from C$78.00 to C$84.00 in a research report on Friday, November 8th. Six equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of C$85.30.

Cameco Stock Performance

CCO stock traded down C$1.37 during midday trading on Monday, reaching C$62.80. The stock had a trading volume of 1,256,116 shares, compared to its average volume of 1,258,446. The firm has a fifty day simple moving average of C$72.08 and a two-hundred day simple moving average of C$69.15. The stock has a market cap of C$27.64 billion, a PE ratio of 237.28, a P/E/G ratio of 2.22 and a beta of 0.90. Cameco has a 52-week low of C$48.71 and a 52-week high of C$88.18. The company has a debt-to-equity ratio of 20.35, a quick ratio of 3.74 and a current ratio of 2.88.

Insider Transactions at Cameco

In related news, Senior Officer Tim Scott Gitzel sold 50,000 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of C$85.66, for a total transaction of C$4,283,000.00. Company insiders own 0.15% of the company's stock.

Cameco Company Profile

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.