Cameco Q2 EPS Forecast Increased by Raymond James Financial

Cameco Corporation (NYSE:CCJ - Free Report) TSE: CCO - Research analysts at Raymond James Financial upped their Q2 2025 EPS estimates for Cameco in a research report issued on Tuesday, June 17th. Raymond James Financial analyst B. Macarthur now forecasts that the basic materials company will post earnings per share of $0.40 for the quarter, up from their prior forecast of $0.39. Raymond James Financial currently has a "Outperform" rating on the stock. The consensus estimate for Cameco's current full-year earnings is $1.27 per share. Raymond James Financial also issued estimates for Cameco's Q1 2026 earnings at $0.26 EPS, Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.42 EPS, Q4 2026 earnings at $0.68 EPS and FY2026 earnings at $1.70 EPS.

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

A number of other research analysts also recently commented on CCJ. Stifel Nicolaus initiated coverage on shares of Cameco in a research report on Wednesday, March 12th. They issued a "buy" rating for the company. Wall Street Zen raised Cameco from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th. Desjardins began coverage on Cameco in a research note on Friday, April 4th. They issued a "buy" rating on the stock. Sanford C. Bernstein set a $70.00 price objective on shares of Cameco and gave the stock an "outperform" rating in a research report on Tuesday, June 10th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $90.00 price objective on shares of Cameco in a report on Tuesday, March 4th. One research analyst has rated the stock with a hold rating, eleven have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, Cameco presently has a consensus rating of "Buy" and an average target price of $75.63.

Cameco Stock Up 0.6%

CCJ stock traded up $0.42 during mid-day trading on Wednesday, reaching $69.67. The company had a trading volume of 4,388,478 shares, compared to its average volume of 4,402,453. Cameco has a 52 week low of $35.00 and a 52 week high of $71.31. The company has a market capitalization of $30.33 billion, a price-to-earnings ratio of 174.17 and a beta of 0.97. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.70 and a quick ratio of 1.26. The stock has a 50 day simple moving average of $52.55 and a two-hundred day simple moving average of $49.79.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Sierra Ocean LLC bought a new position in Cameco during the 4th quarter worth $25,000. Manchester Capital Management LLC increased its position in shares of Cameco by 100.0% in the first quarter. Manchester Capital Management LLC now owns 600 shares of the basic materials company's stock worth $25,000 after purchasing an additional 300 shares during the period. Hurley Capital LLC acquired a new position in Cameco in the fourth quarter valued at about $27,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Cameco during the fourth quarter worth about $28,000. Finally, Dagco Inc. acquired a new stake in Cameco during the first quarter worth about $28,000. 70.21% of the stock is owned by institutional investors.

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.