Research Analysts Set Expectations for Cameco Q2 Earnings

Cameco Corporation (NYSE:CCJ - Free Report) TSE: CCO - Research analysts at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for Cameco in a report issued on Wednesday, July 23rd. National Bank Financial analyst M. Sidibe anticipates that the basic materials company will post earnings per share of $0.37 for the quarter. The consensus estimate for Cameco's current full-year earnings is $1.27 per share. National Bank Financial also issued estimates for Cameco's FY2027 earnings at $1.55 EPS.

Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last released its earnings results on Thursday, May 1st. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by ($0.07). The company had revenue of $549.58 million during the quarter, compared to analysts' expectations of $890.07 million. Cameco had a net margin of 7.50% and a return on equity of 4.47%. The company's revenue for the quarter was up 24.4% on a year-over-year basis. During the same quarter last year, the business posted $0.13 earnings per share.

CCJ has been the subject of a number of other reports. UBS Group reaffirmed a "buy" rating on shares of Cameco in a report on Tuesday, June 10th. Scotiabank reiterated an "outperform" rating on shares of Cameco in a research report on Tuesday, July 8th. Royal Bank Of Canada lifted their target price on Cameco from $90.00 to $100.00 and gave the stock an "outperform" rating in a research report on Friday, June 20th. Glj Research reiterated a "buy" rating and set a $75.27 target price on shares of Cameco in a research report on Thursday, June 12th. Finally, Desjardins began coverage on Cameco in a research report on Friday, April 4th. They set a "buy" rating on the stock. One research analyst has rated the stock with a hold rating, ten have given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $80.65.

Cameco Stock Down 0.4%

NYSE CCJ traded down $0.32 during trading on Friday, reaching $79.60. 3,506,117 shares of the company's stock were exchanged, compared to its average volume of 4,917,817. The stock has a market cap of $34.66 billion, a P/E ratio of 199.00 and a beta of 1.03. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.26 and a current ratio of 2.70. The company has a 50 day moving average price of $68.07 and a two-hundred day moving average price of $53.43. Cameco has a 1 year low of $35.00 and a 1 year high of $80.06.

Hedge Funds Weigh In On Cameco

Several institutional investors have recently added to or reduced their stakes in CCJ. Envestnet Portfolio Solutions Inc. increased its position in Cameco by 8.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,910 shares of the basic materials company's stock valued at $355,000 after acquiring an additional 565 shares during the period. LPL Financial LLC increased its position in Cameco by 16.7% in the 4th quarter. LPL Financial LLC now owns 246,009 shares of the basic materials company's stock valued at $12,642,000 after acquiring an additional 35,230 shares during the period. Vanguard Group Inc. increased its position in Cameco by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 16,784,270 shares of the basic materials company's stock valued at $862,997,000 after acquiring an additional 270,102 shares during the period. Zions Bancorporation N.A. increased its position in Cameco by 20.1% in the 4th quarter. Zions Bancorporation N.A. now owns 8,385 shares of the basic materials company's stock valued at $431,000 after acquiring an additional 1,401 shares during the period. Finally, Sava Infond d.o.o. acquired a new position in Cameco in the 4th quarter valued at about $3,527,000. Institutional investors and hedge funds own 70.21% of the company's stock.

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.