Analysts Set Expectations for Cameco's Q2 Earnings (TSE:CCO)

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Research analysts at Raymond James upped their Q2 2025 earnings per share estimates for shares of Cameco in a research note issued to investors on Monday, June 9th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.54 per share for the quarter, up from their prior estimate of $0.33. Raymond James currently has a "Outperform" rating and a $88.00 target price on the stock. Raymond James also issued estimates for Cameco's FY2025 earnings at $1.64 EPS.

A number of other analysts have also weighed in on CCO. BMO Capital Markets increased their price objective on Cameco from C$85.00 to C$95.00 and gave the company an "outperform" rating in a research note on Monday. Sanford C. Bernstein raised shares of Cameco to a "strong-buy" rating in a research report on Tuesday, April 1st. Scotiabank boosted their price objective on shares of Cameco from C$88.00 to C$93.00 and gave the company an "outperform" rating in a research report on Monday. Desjardins upgraded shares of Cameco to a "moderate buy" rating in a report on Thursday, April 3rd. Finally, Stifel Nicolaus boosted their price target on Cameco from C$90.00 to C$105.00 in a report on Tuesday. Eight equities research analysts have rated the stock with a buy rating and five have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of C$92.92.

Cameco Trading Up 0.4%

CCO traded up C$0.32 on Wednesday, hitting C$90.97. 440,999 shares of the company were exchanged, compared to its average volume of 1,216,765. The company has a debt-to-equity ratio of 20.35, a quick ratio of 3.74 and a current ratio of 2.88. The firm has a fifty day simple moving average of C$68.69 and a two-hundred day simple moving average of C$69.99. The stock has a market capitalization of C$40.04 billion, a PE ratio of 343.71, 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$93.22.

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.