National Bank Financial Lifts Earnings Estimates for Cameco

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Equities researchers at National Bank Financial boosted their FY2026 earnings per share (EPS) estimates for Cameco in a research note issued on Monday, June 9th. National Bank Financial analyst M. Sidibe now anticipates that the company will post earnings of $1.91 per share for the year, up from their prior estimate of $1.89. National Bank Financial also issued estimates for Cameco's FY2027 earnings at $2.08 EPS.

Other analysts have also issued reports about the company. National Bankshares lifted their price objective on Cameco from C$81.00 to C$95.00 in a research report on Monday. Raymond James increased their target price on Cameco from C$83.00 to C$88.00 and gave the stock an "outperform" rating in a research note on Monday. Bank of America boosted their price target on Cameco from C$93.00 to C$106.00 in a report on Tuesday. Scotiabank lifted their price target on shares of Cameco from C$88.00 to C$93.00 and gave the company an "outperform" rating in a research note on Monday. Finally, Berenberg Bank increased their price objective on Cameco from C$75.00 to C$96.00 in a report on Tuesday. Eight analysts have rated the stock with a buy rating and five have given a strong buy rating to the company. According to MarketBeat, Cameco presently has a consensus rating of "Buy" and an average price target of C$92.92.

Cameco Trading Down 0.7%

CCO stock traded down C$0.66 during trading on Wednesday, hitting C$89.99. The company had a trading volume of 937,986 shares, compared to its average volume of 1,221,325. The firm has a 50-day moving average price of C$69.43 and a 200-day moving average price of C$70.05. The stock has a market cap of C$39.61 billion, a price-to-earnings ratio of 340.01, a PEG 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. The company has a quick ratio of 3.74, a current ratio of 2.88 and a debt-to-equity ratio of 20.35.

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.