TSE:CCO

Cameco (CCO) Stock Forecast, Price & News

C$51.17

-0.20 (-0.39%)

(As of 12:27 PM ET)

Compare

Today's Range: C$50.72
▼
C$52.20
50-Day Range: C$43.67
▼
C$55.84
52-Week Range: C$28.98
▼
C$56.87

Volume: 698,584 shs
Average Volume: 1.13 million shs
Market Capitalization: C$22.17 billion

P/E Ratio: 232.59
Dividend Yield: 0.23%
Price Target: C$58.13

Profile Analyst Ratings Chart Competitors Earnings Insider Trades Headlines Options Chain Social Media

Cameco MarketRank™ Forecast

Analyst Rating: Buy
3.20 Rating Score
Upside/Downside: 11.4% Upside
C$58.13 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.53
Based on 11 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.98 out of 5 stars

3.6

Analyst's Opinion

Consensus Rating
Cameco has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$58.13, Cameco has a forecasted upside of 11.4% from its current price of C$52.16.
Amount of Analyst Coverage
Cameco has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for CCO.

0.8

Dividend Strength

Dividend Yield
Cameco has a dividend yield of 0.22%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cameco does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cameco is 54.55%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CCO.

2.5

News and Social Media Coverage

News Sentiment
Cameco has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Cameco this week, compared to 1 article on an average week.
Search Interest
Only 11 people have searched for CCO on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.
MarketBeat Follows
6 people have added Cameco to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cameco insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.12% of the stock of Cameco is held by insiders.
Percentage Held by Institutions
72.36% of the stock of Cameco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cameco is 237.09, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 111.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cameco is 237.09, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 116.42.
Price to Earnings Growth Ratio
Cameco has a PEG Ratio of 2.22. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cameco has a P/B Ratio of 3.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Cameco (TSE:CCO) Stock

Cameco Corporation provides uranium for the generation of electricity. It operates through two segments, Uranium and Fuel Services. 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. This segment also produces fuel bundles and assemblies, and zirconium-based reactor components for CANDU reactors. The company offers nuclear fuel processing services. It sells its uranium and fuel services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.

CCO Price History

30 days | 90 days | 365 days | Advanced Chart

CCO Stock News Headlines

October 2, 2023 | theglobeandmail.com

There’s more to the stock market than technology. Here are three outperformers to pounce on

October 2, 2023 | finance.yahoo.com

Estimating The Fair Value Of Cameco Corporation (TSE:CCO)

October 3, 2023 | Behind the Markets (Ad)

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October 2, 2023 | americanbankingnews.com

Q1 2024 Earnings Estimate for Cameco Co. Issued By Raymond James (TSE:CCO)

September 30, 2023 | americanbankingnews.com

Raymond James Increases Cameco (TSE:CCO) Price Target to C$66.00

September 30, 2023 | americanbankingnews.com

Cameco (TSE:CCO) PT Raised to C$70.00 at Scotiabank

September 27, 2023 | americanbankingnews.com

Cameco (TSE:CCO) Price Target Raised to C$60.00 at Canaccord Genuity Group

September 25, 2023 | msn.com

Cameco: Our Pick For The Uranium Bullish Cycle

October 3, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

September 15, 2023 | finance.yahoo.com

Returns Are Gaining Momentum At Cameco (TSE:CCO)

September 5, 2023 | msn.com

Buy 130 Shares of This Dirt-Cheap Uranium Stock for $16,719 in Potential Returns

September 3, 2023 | msn.com

Got Uranium? Why Cameco Remains Unstoppable

September 1, 2023 | theglobeandmail.com

Closing Bell: Cameco Corp flat on Thursday (CCO)

August 26, 2023 | fool.ca

Is Cameco Corporation Still a Good Investment?

August 23, 2023 | theglobeandmail.com

Cameco: Top 10 Undervalued Energy Sector Stocks on TSX (CCO)

August 22, 2023 | ca.finance.yahoo.com

Amaroq, Bird, Cameco at 52-Week Highs

August 15, 2023 | theglobeandmail.com

Closing Bell: Cameco Corp up on Monday (CCO)

August 15, 2023 | marketwatch.com

Cameco Corp. stock falls Tuesday, underperforms market

August 10, 2023 | theglobeandmail.com

Closing Bell: Cameco Corp down on Thursday (CCO)

August 5, 2023 | finance.yahoo.com

If EPS Growth Is Important To You, Cameco (TSE:CCO) Presents An Opportunity

August 4, 2023 | finance.yahoo.com

Brookfield Renewable Stock Fell This Week, But There's Good News

August 2, 2023 | ca.finance.yahoo.com

Stocks in play: Cameco Corp.

August 2, 2023 | proactiveinvestors.com

Cameco 2Q revenue tops expectations but profit miss sends shares tumbling

August 2, 2023 | theglobeandmail.com

British regulator probes Cameco, Brookfield Renewable’s US$7.9-billion Westinghouse deal

August 2, 2023 | reuters.com

UK regulator probes Cameco, Brookfield Renewable's $7.9 bln Westinghouse deal

August 2, 2023 | finance.yahoo.com

Cameco announces second quarter results; gross profit benefitting from transition to tier-one run rate; full-year revenue outlook increased driven by improving market fundamentals; uranium market is moving toward replacement-rate contracting

July 29, 2023 | theglobeandmail.com

Closing Bell: Cameco Corp up on Friday (CCO)

See More Headlines

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CCO Company Calendar

Last Earnings: 8/02/2023
Today: 10/03/2023
Next Earnings (Estimated): 10/26/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Uranium
Sub-Industry: N/A
Sector: Energy
Current Symbol: TSE:CCO
CUSIP: N/A
CIK: N/A
Web: www.cameco.com
Phone: +1-306-9566200
Fax: N/A
Employees: 4,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$58.13
High Stock Price Forecast: C$70.00
Low Stock Price Forecast: C$48.00
Forecasted Upside/Downside: +11.4%
Consensus Rating: Buy
Rating Score (0-4): 3.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.22
Trailing P/E Ratio: 237.09
Forward P/E Ratio: 24.95
P/E Growth: 2.22
Net Income: C$97.72 million
Net Margins: 4.70%
Pretax Margin: N/A
Return on Equity: 1.79%
Return on Assets: 1.82%

Debt

Debt-to-Equity Ratio: 18.86
Current Ratio: 3.64
Quick Ratio: 3.74

Sales & Book Value

Annual Sales: C$2.08 billion
Price / Sales: 10.87
Cash Flow: C$5.49 per share
Price / Cash Flow: 9.51
Book Value: C$13.79 per share
Price / Book: 3.78

Miscellaneous

Outstanding Shares: 433,310,000
Free Float: N/A
Market Cap: C$22.60 billion
Optionable: Optionable
Beta: 0.94

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Key Executives

Mr. Timothy S. Gitzel (Age 60)
Pres, CEO & Director
Comp: $2.81M

Dr. Grant E. Isaac
Exec. VP & CFO

Mr. Brian Arthur Reilly B.Sc.
M.B.A., M.Sc., P.Geo., Sr. VP & COO

Mr. Sean Anthony Quinn
Sr. VP, Chief Legal Officer & Corp. Sec.

Ms. Alice Louise Wong Icd.D (Age 63)
Sr. VP & Chief Corp. Officer
Comp: $903.3k

Mr. C. Scott Bishop P. Eng.
Director of Technical Services

Ms. Rachelle Girard
Director of Investor Relations

Mr. Scott McHardy
Director of North American Exploration & VP of Exploration

Ms. Heidi Shockey
Sr. VP & Deputy CFO

Alain D. Renaud P.Geo.
Chief Geologist of Technical Services

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CCO Stock - Frequently Asked Questions

Should I buy or sell Cameco stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last twelve months. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CCO shares.
View CCO analyst ratings or view top-rated stocks.
What is Cameco's stock price forecast for 2023?: 5 analysts have issued 1 year price objectives for Cameco's shares. Their CCO share price forecasts range from C$48.00 to C$70.00. On average, they anticipate the company's share price to reach C$58.13 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price.
View analysts price targets for CCO or view top-rated stocks among Wall Street analysts.
How have CCO shares performed in 2023?: Cameco's stock was trading at C$30.69 at the beginning of 2023. Since then, CCO stock has increased by 70.0% and is now trading at C$52.16.
View the best growth stocks for 2023 here.
When is Cameco's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our CCO earnings forecast.
How were Cameco's earnings last quarter?: Cameco Co. (TSE:CCO) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.23. The firm had revenue of $482 million for the quarter. Cameco had a net margin of 4.70% and a trailing twelve-month return on equity of 1.79%.
Is Cameco a good dividend stock?: Cameco (TSE:CCO) pays an annual dividend of C$0.12 per share and currently has a dividend yield of 0.22%. The dividend payout ratio is 54.55%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CCO.

What other stocks do shareholders of Cameco own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cameco investors own include Intact Financial (IFC), Constellation Software (CSU), Cameco (CCJ), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Enbridge (ENB).
What is Cameco's stock symbol?: Cameco trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CCO."
How do I buy shares of Cameco?: Shares of CCO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Cameco's stock price today?: One share of CCO stock can currently be purchased for approximately C$52.16.
How much money does Cameco make?: Cameco (TSE:CCO) has a market capitalization of C$22.60 billion and generates C$2.08 billion in revenue each year. The company earns C$97.72 million in net income (profit) each year or C$0.22 on an earnings per share basis.
How many employees does Cameco have?: The company employs 4,800 workers across the globe.
How can I contact Cameco?: Cameco's mailing address is 2121 11th St W, SASKATOON, SK S7M 1J3, Canada. The official website for the company is www.cameco.com. The company can be reached via phone at +1-306-9566200.

This page (TSE:CCO) was last updated on 10/3/2023 by MarketBeat.com Staff

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Cameco (CCO) Stock Forecast, Price & News

Cameco MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cameco (TSE:CCO) Stock

CCO Price History

CCO Stock News Headlines

CCO Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CCO Stock - Frequently Asked Questions

Overall MarketRank^™