Cameco (CCO) Stock Price, News & Analysis

Company Overview

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. This segment also produces CANDU reactor fuel bundles and other reactor components. The company offers nuclear fuel processing services. The Westinghouse segment engages in the manufacture of nuclear reactor technology original equipment. This segment provides products and services to commercial utilities and government agencies; and outage and maintenance services, engineering support, instrumentation and controls equipment, plant modification, and components and parts to nuclear reactors. It sells its uranium and fuel services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.

Key Stats

• Today's Range: C$81.17 to C$83.87
• 50-Day Range: C$55.70 to C$85.08
• 52-Week Range: C$48.71 to C$85.76
• Volume: 1.43 million shs
• Average Volume: 1.25 million shs
• Market Capitalization: C$36.36 billion
• P/E Ratio: 141.63
• Dividend Yield: 0.14%
• Price Target: C$84.30
• Consensus Rating: Buy

Cameco Stock Analysis - MarketRank™

Cameco scored higher than 19% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.7 / 5
• Analyst Rating: Buy

Consensus Rating

Cameco has received a consensus rating of Buy. The company's average rating score is 3.36, and is based on 7 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Cameco has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cameco is 141.63, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.23.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cameco is 141.63, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 112.45.

Price to Earnings Growth Ratio

Cameco has a PEG Ratio of 2.22. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Cameco has a P/B Ratio of 5.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CCO.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Cameco has a dividend yield of 0.17%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cameco does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Cameco is 20.34%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CCO.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.48

News Sentiment

Cameco has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Cameco this week, compared to 3 articles on an average week.

Search Interest

10 people have searched for CCO on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Cameco to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cameco insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$2,757,122.00 in company stock.

Percentage Held by Insiders

Only 0.15% of the stock of Cameco is held by insiders.

Percentage Held by Institutions

76.12% of the stock of Cameco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CCO Stock Analysis - Frequently Asked Questions

How have CCO shares performed this year?

Cameco's stock was trading at C$57.13 at the start of the year. Since then, CCO shares have increased by 46.3% and is now trading at C$83.56.
View the best growth stocks for 2024 here.

How were Cameco's earnings last quarter?

Cameco Co. (TSE:CCO) announced its quarterly earnings results on Friday, February, 7th. The company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.21. The firm had revenue of $874 million for the quarter. Cameco had a trailing twelve-month return on equity of 4.23% and a net margin of 9.70%.

How do I buy shares of Cameco?

Shares of CCO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Cameco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cameco investors own include Cameco (CCJ), Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Wheaton Precious Metals (WPM) and Toronto-Dominion Bank (TD).

Company Calendar

• Last Earnings: 2/07/2020
• Ex-Dividend for 12/13 Dividend: 11/27/2024
• Today: 12/03/2024
• Dividend Payable: 12/13/2024
• Next Earnings (Estimated): 2/13/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Uranium
• Sub-Industry: Business Services
• Current Symbol: TSE:CCO
• CUSIP: N/A
• CIK: N/A
• Web: www.cameco.com
• Phone: +1-306-9566200
• Fax: N/A
• Employees: 4,700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$84.30
• High Stock Price Target: C$90.00
• Low Stock Price Target: C$78.00
• Potential Upside/Downside: +0.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.36
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.59
• Trailing P/E Ratio: 141.63
• Forward P/E Ratio: N/A
• P/E Growth: 2.22
• Net Income: C$257.14 million
• Net Margins: 9.70%
• Pretax Margin: N/A
• Return on Equity: 4.23%
• Return on Assets: 2.38%

Debt

• Debt-to-Equity Ratio: 25.39
• Current Ratio: 3.22
• Quick Ratio: 3.74

Sales & Book Value

• Annual Sales: C$2.65 billion
• Price / Sales: 13.72
• Cash Flow: C$8.79 per share
• Price / Cash Flow: 9.51
• Book Value: C$14.23 per share
• Price / Book: 5.87

Miscellaneous

• Outstanding Shares: 435,180,000
• Free Float: N/A
• Market Cap: C$36.36 billion
• Optionable: Not Optionable
• Beta: 0.90