Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO - Analysts at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for Cameco in a report issued on Tuesday, April 22nd. Desjardins analyst B. Adams expects that the basic materials company will post earnings per share of $0.15 for the quarter. Desjardins has a "Buy" rating on the stock. The consensus estimate for Cameco's current full-year earnings is $1.27 per share.
Several other research analysts have also commented on CCJ. Stifel Canada upgraded Cameco to a "strong-buy" rating in a research report on Wednesday, March 12th. Sanford C. Bernstein initiated coverage on Cameco in a research report on Tuesday, April 1st. They set an "outperform" rating and a $52.00 price target for the company. StockNews.com upgraded Cameco from a "sell" rating to a "hold" rating in a research report on Tuesday, April 15th. Glj Research raised their price target on Cameco from $62.76 to $75.68 and gave the stock a "buy" rating in a research report on Wednesday, March 12th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $90.00 price target on shares of Cameco in a research report on Tuesday, March 4th. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $70.03.
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Cameco Trading Up 3.0 %
Shares of CCJ traded up $1.33 during midday trading on Friday, hitting $45.32. 3,296,226 shares of the stock were exchanged, compared to its average volume of 4,100,682. Cameco has a 52-week low of $35.00 and a 52-week high of $62.55. The stock has a fifty day simple moving average of $42.05 and a 200 day simple moving average of $49.42. The firm has a market cap of $19.73 billion, a P/E ratio of 161.86 and a beta of 1.04. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88.
Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last posted its earnings results on Thursday, February 20th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.26. The company had revenue of $845.54 million during the quarter, compared to analysts' expectations of $1.09 billion. Cameco had a return on equity of 4.34% and a net margin of 5.39%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. FMR LLC lifted its holdings in Cameco by 8.7% during the 4th quarter. FMR LLC now owns 22,639,647 shares of the basic materials company's stock worth $1,163,942,000 after buying an additional 1,811,876 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Cameco by 1.1% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,846,044 shares of the basic materials company's stock worth $865,729,000 after buying an additional 190,337 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Cameco by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 16,784,270 shares of the basic materials company's stock worth $862,997,000 after buying an additional 270,102 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in Cameco by 13.5% during the 4th quarter. Alliancebernstein L.P. now owns 10,088,407 shares of the basic materials company's stock worth $518,443,000 after buying an additional 1,196,336 shares during the last quarter. Finally, Norges Bank purchased a new stake in Cameco during the 4th quarter worth about $188,595,000. 70.21% of the stock is currently owned by hedge funds and other institutional investors.
About Cameco
(
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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.
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