Q1 Earnings Estimate for Cameco Issued By Desjardins

Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO - Analysts at Desjardins issued their Q1 2025 earnings estimates for shares of Cameco in a research report issued on Tuesday, April 22nd. Desjardins analyst B. Adams expects that the basic materials company will post earnings of $0.15 per share for the quarter. Desjardins has a "Buy" rating on the stock. The consensus estimate for Cameco's current full-year earnings is $1.27 per share.

A number of other research analysts also recently issued reports on the stock. Stifel Nicolaus began coverage on shares of Cameco in a research report on Wednesday, March 12th. They issued a "buy" rating on the stock. StockNews.com upgraded shares of Cameco from a "sell" rating to a "hold" rating in a research report on Tuesday, April 15th. Stifel Canada upgraded shares of Cameco to a "strong-buy" rating in a research report on Wednesday, March 12th. Royal Bank of Canada reiterated an "outperform" rating and set a $90.00 target price on shares of Cameco in a research report on Tuesday, March 4th. Finally, Sanford C. Bernstein initiated coverage on shares of Cameco in a research report on Tuesday, April 1st. They set an "outperform" rating and a $52.00 target price on the stock. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Cameco presently has an average rating of "Buy" and an average price target of $70.03.

Cameco Trading Down 1.1 %

CCJ traded down $0.48 during trading on Friday, reaching $44.94. 1,514,692 shares of the company's stock were exchanged, compared to its average volume of 4,267,817. Cameco has a one year low of $35.00 and a one year high of $62.55. The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $19.56 billion, a PE ratio of 160.50 and a beta of 1.04. The firm has a fifty day moving average price of $42.01 and a two-hundred day moving average price of $49.35.

Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last posted its earnings results on Thursday, February 20th. The basic materials company reported $0.26 earnings per share for the quarter, hitting analysts' consensus estimates of $0.26. Cameco had a net margin of 5.39% and a return on equity of 4.34%. The firm had revenue of $845.54 million for the quarter, compared to analyst estimates of $1.09 billion.

Institutional Trading of Cameco

Institutional investors have recently made changes to their positions in the company. Dantai Capital Ltd grew its position in Cameco by 44.2% during the third quarter. Dantai Capital Ltd now owns 57,260 shares of the basic materials company's stock valued at $2,735,000 after buying an additional 17,560 shares during the period. Roberts Wealth Advisors LLC bought a new position in Cameco during the fourth quarter valued at about $895,000. Whalen Wealth Management Inc. bought a new position in Cameco during the fourth quarter valued at about $445,000. Sprott Inc. grew its position in Cameco by 44.5% during the fourth quarter. Sprott Inc. now owns 111,896 shares of the basic materials company's stock valued at $5,750,000 after buying an additional 34,483 shares during the period. Finally, Aigen Investment Management LP purchased a new stake in Cameco during the fourth quarter valued at about $930,000. Institutional investors own 70.21% of the company's stock.

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.