Equities Analysts Offer Predictions for Cameco Q4 Earnings

Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO - Investment analysts at Raymond James boosted their Q4 2026 EPS estimates for Cameco in a report issued on Tuesday, June 10th. Raymond James analyst B. Macarthur now anticipates that the basic materials company will earn $0.65 per share for the quarter, up from their previous estimate of $0.64. The consensus estimate for Cameco's current full-year earnings is $1.27 per share.

Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last posted its quarterly earnings results 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 net margin of 5.39% and a return on equity of 4.34%. The business had revenue of $549.58 million for the quarter, compared to analysts' expectations of $890.07 million. During the same quarter in the previous year, the company earned $0.13 earnings per share. The business's quarterly revenue was up 24.4% on a year-over-year basis.

A number of other equities analysts also recently issued reports on CCJ. Wall Street Zen raised shares of Cameco from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th. Stifel Canada raised shares of Cameco to a "strong-buy" rating in a research report on Wednesday, March 12th. UBS Group reaffirmed a "buy" rating on shares of Cameco in a research report on Tuesday. Sanford C. Bernstein set a $70.00 target price on shares of Cameco and gave the stock an "outperform" rating in a research report on Tuesday. Finally, The Goldman Sachs Group lifted their price target on shares of Cameco from $65.00 to $78.00 and gave the stock a "buy" rating in a research note on Wednesday. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $75.63.

Cameco Trading Down 0.3%

NYSE CCJ traded down $0.19 during trading on Thursday, hitting $66.14. 4,435,148 shares of the company's stock traded hands, compared to its average volume of 4,343,445. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26. The stock has a fifty day moving average of $49.54 and a two-hundred day moving average of $49.45. The firm has a market cap of $28.79 billion, a P/E ratio of 236.21 and a beta of 0.97. Cameco has a 12-month low of $35.00 and a 12-month high of $68.12.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CCJ. Sierra Ocean LLC purchased a new position in shares of Cameco during the 4th quarter valued at $25,000. Manchester Capital Management LLC increased its holdings in Cameco by 100.0% in the 1st quarter. Manchester Capital Management LLC now owns 600 shares of the basic materials company's stock valued at $25,000 after acquiring an additional 300 shares during the last quarter. Hurley Capital LLC bought a new stake in Cameco in the 4th quarter valued at $27,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Cameco in the 4th quarter valued at $28,000. Finally, Dagco Inc. bought a new stake in Cameco in the 1st quarter valued at $28,000. Hedge funds and other institutional investors 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.