Cameco (CCJ) to Release Quarterly Earnings on Thursday

Cameco (NYSE:CCJ - Get Free Report) TSE: CCO is expected to release its Q2 2025 earnings data before the market opens on Thursday, July 31st. Analysts expect Cameco to post earnings of $0.29 per share and revenue of $819.79 million for the quarter. Cameco has set its FY 2025 guidance at EPS.

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

Cameco Stock Down 0.4%

Shares of NYSE:CCJ traded down $0.32 during midday trading on Friday, hitting $79.60. 3,506,117 shares of the stock were exchanged, compared to its average volume of 4,917,817. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.26 and a current ratio of 2.70. Cameco has a 52-week low of $35.00 and a 52-week high of $80.06. The business's fifty day simple moving average is $68.07 and its two-hundred day simple moving average is $53.44. The company has a market capitalization of $34.66 billion, a PE ratio of 199.00 and a beta of 1.03.

Hedge Funds Weigh In On Cameco

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bison Wealth LLC boosted its stake in shares of Cameco by 16.1% during the 4th quarter. Bison Wealth LLC now owns 21,448 shares of the basic materials company's stock worth $1,102,000 after buying an additional 2,975 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Cameco by 16.6% during the 1st quarter. AQR Capital Management LLC now owns 9,547 shares of the basic materials company's stock worth $393,000 after buying an additional 1,361 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of Cameco by 48.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 8,485 shares of the basic materials company's stock worth $349,000 after buying an additional 2,780 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Cameco by 11.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 604,841 shares of the basic materials company's stock worth $24,895,000 after buying an additional 64,512 shares during the last quarter. 70.21% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Glj Research restated a "buy" rating and set a $75.27 target price on shares of Cameco in a report on Thursday, June 12th. Sanford C. Bernstein set a $70.00 target price on Cameco and gave the company an "outperform" rating in a report on Tuesday, June 10th. The Goldman Sachs Group raised their target price on Cameco from $65.00 to $78.00 and gave the company a "buy" rating in a report on Wednesday, June 11th. UBS Group restated a "buy" rating on shares of Cameco in a report on Tuesday, June 10th. Finally, Raymond James Financial restated an "outperform" rating on shares of Cameco in a report on Wednesday, June 18th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Buy" and an average price target of $80.65.

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.