Desjardins Comments on Cameco's Q1 Earnings (TSE:CCO)

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Investment analysts at Desjardins issued their Q1 2025 EPS estimates for Cameco in a research note issued on Tuesday, April 22nd. Desjardins analyst B. Adams forecasts that the company will post earnings per share of $0.21 for the quarter. Desjardins has a "Moderate Buy" rating on the stock.

CCO has been the subject of a number of other reports. TD Securities decreased their target price on Cameco from C$90.00 to C$77.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Stifel Canada raised shares of Cameco to a "strong-buy" rating in a research report on Wednesday, March 12th. Scotiabank dropped their price objective on shares of Cameco from C$85.00 to C$81.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 25th. Sanford C. Bernstein upgraded Cameco to a "strong-buy" rating in a report on Tuesday, April 1st. Finally, National Bankshares cut their price objective on shares of Cameco from C$87.00 to C$81.00 and set an "outperform" rating on the stock in a report on Wednesday, April 2nd. Six investment analysts have rated the stock with a buy rating and five have given a strong buy rating to the company. According to data from MarketBeat, Cameco currently has an average rating of "Buy" and a consensus price target of C$83.22.

Cameco Trading Down 1.7 %

CCO stock traded down C$1.06 during mid-day trading on Friday, reaching C$61.78. The company's stock had a trading volume of 279,893 shares, compared to its average volume of 1,192,761. The company has a market cap of C$27.19 billion, a price-to-earnings ratio of 233.42, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. Cameco has a 12 month low of C$48.71 and a 12 month high of C$88.18. The company has a current ratio of 2.88, a quick ratio of 3.74 and a debt-to-equity ratio of 20.35. The business's 50 day moving average price is C$59.62 and its 200 day moving average price is C$69.84.

About Cameco

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.