TSE:CCO

Cameco - CCO Stock Forecast, Price & News

C$32.33

-0.18 (-0.55%)

(As of 08/15/2022 12:00 AM ET)

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Today's Range: C$31.54
▼
C$32.45
50-Day Range: C$26.92
▼
C$34.28
52-Week Range: C$19.68
▼
C$41.05

Volume: 866,001 shs
Average Volume: 1.75 million shs
Market Capitalization: C$12.88 billion

P/E Ratio: 215.53
Dividend Yield: 0.37%
Price Target: C$42.00

About Cameco (TSE:CCO) Stock

Cameco Corporation produces and sells uranium. It operates through two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as 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 or reactor components for CANDU reactors. The company 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.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CCO. Eight Capital upped their price objective on Cameco from C$38.00 to C$48.00 and gave the company a "buy" rating in a research report on Thursday, April 21st. Raymond James lowered their price objective on Cameco from C$47.00 to C$46.00 and set an "outperform" rating on the stock in a research report on Tuesday, July 19th. Scotiabank upped their price objective on Cameco from C$43.00 to C$44.00 in a research report on Tuesday, August 2nd. Finally, Royal Bank of Canada lowered their price objective on Cameco from C$50.00 to C$45.00 and set an "outperform" rating on the stock in a research report on Friday, May 6th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Cameco has a consensus rating of "Buy" and an average target price of C$41.27.

Cameco Price Performance

TSE:CCO opened at C$32.51 on Monday. The business's fifty day moving average price is C$30.06 and its 200-day moving average price is C$31.20. The stock has a market capitalization of C$12.95 billion and a price-to-earnings ratio of 216.73. The company has a debt-to-equity ratio of 21.24, a current ratio of 6.02 and a quick ratio of 4.51. Cameco has a 1-year low of C$19.68 and a 1-year high of C$41.05.

Cameco (TSE:CCO - Get Rating) (NYSE:CCJ) last released its quarterly earnings results on Wednesday, July 27th. The company reported C$0.18 earnings per share for the quarter, beating the consensus estimate of C($0.02) by C$0.20. The firm had revenue of C$558.00 million for the quarter. On average, equities analysts predict that Cameco will post 0.9499999 earnings per share for the current year.

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CCO Stock News Headlines

August 12, 2022 | finance.yahoo.com

Has Cameco Corporation's (TSE:CCO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

August 10, 2022 | marketwatch.com

Cameco Corp. stock rises Wednesday, still underperforms market - MarketWatch

August 15, 2022 | Paradigm Press (Ad)

US Dollar Replaced By "Biden Bucks"?

A former advisor to the CIA and Pentagon now believes President Biden plans to retire the US dollar we know. And replace it with what he calls 'Biden Bucks'. It is underway.

August 9, 2022 | finance.yahoo.com

Eagle Plains' Partner Aben Resources Announces Completion First Phase of Field Exploration at the Slocan Graphite Project, British Columbia - Yahoo Finance

August 9, 2022 | proactiveinvestors.com.au

Valor Resources identifies six high-priority uranium drill targets at Hidden Bay in Canada - Proactive Investors Australia

August 5, 2022 | americanbankingnews.com

Cameco (TSE:CCO) Price Target Increased to C$44.00 by Analysts at Scotiabank

August 3, 2022 | americanbankingnews.com

Cameco Co. (TSE:CCO) Given Average Rating of "Buy" by Brokerages

August 3, 2022 | americanbankingnews.com

Brokers Offer Predictions for Cameco Co.'s Q3 2022 Earnings (TSE:CCO)

August 15, 2022 | Paradigm Press (Ad)

US Dollar Replaced By "Biden Bucks"?

A former advisor to the CIA and Pentagon now believes President Biden plans to retire the US dollar we know. And replace it with what he calls 'Biden Bucks'. It is underway.

August 1, 2022 | forbes.com

I'm Going Nuclear To Beat Putin At His Own Game - Forbes

August 1, 2022 | seekingalpha.com

Cameco Stock: Uranium Stages A Comeback, The Market Starts To Notice (NYSE:CCJ) - Seeking Alpha

July 28, 2022 | benzinga.com

Cameco shares are trading higher after the company reported Q2 EPS results were higher year over year. - - Benzinga

July 27, 2022 | investing.com

Cameco Corp. Reports Q2 EPS of Cdn$0.18 By Investing.com - Investing.com

July 27, 2022 | streetinsider.com

Form 6-K CAMECO CORP For: Jul 27 - StreetInsider.com

July 27, 2022 | benzinga.com

Cameco: Q2 Earnings Insights - Benzinga - Benzinga

July 27, 2022 | seekingalpha.com

Cameco Non-GAAP EPS beats by $0.17, revenue beats by $174.89M, updates FY outlook - Seeking Alpha

July 27, 2022 | finance.yahoo.com

Cameco Announces Second Quarter Results, Continued Disciplined Execution of Strategy; Well-Positioned as Multi-Asset Nuclear Fuel Supplier Across the Fuel Cycle

July 27, 2022 | finance.yahoo.com

Are Institutions Heavily Invested In Cameco Corporation's (TSE:CCO) Shares?

July 25, 2022 | theglobeandmail.com

Three TSX stocks that have bucked the trend of falling prices this year - The Globe and Mail

July 25, 2022 | msn.com

Earnings Preview: Boeing, Cameco, Kraft Heinz, T-Mobile - msnNOW

July 25, 2022 | 247wallst.com

Earnings Preview: Boeing, Cameco, Kraft Heinz, T-Mobile - 24/7 Wall St.

July 25, 2022 | msn.com

Oil Stocks vs. Nuclear Stocks: Which Is Better?

July 23, 2022 | fool.ca

Oil Stocks vs. Nuclear Stocks: Which Is Better? - The Motley Fool Canada

July 22, 2022 | americanbankingnews.com

Raymond James Weighs in on Cameco Co.'s Q2 2022 Earnings (TSE:CCO)

July 22, 2022 | nasdaq.com

3 Best Uranium Stocks to Buy Now - Nasdaq

July 21, 2022 | americanbankingnews.com

Cameco (TSE:CCO) PT Lowered to C$46.00 at Raymond James

July 9, 2022 | ca.investing.com

The 3 Safest Energy Dividends Right Now By The Motley Fool - Investing.com Canada

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CCO Company Calendar

Last Earnings: 7/27/2022
Today: 8/15/2022
Next Earnings (Estimated): 11/04/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Industrial Metals & Minerals
Sub-Industry: N/A
Sector: Basic Materials
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$42.00
High Stock Price Forecast: C$48.00
Low Stock Price Forecast: C$30.00
Forecasted Upside/Downside: +29.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 215.53
Forward P/E Ratio: 34.03
P/E Growth: 1.55
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 21.24
Current Ratio: 6.02
Quick Ratio: 4.51

Sales & Book Value

Annual Sales: C$1.78 billion
Price / Sales: 7.23
Cash Flow: C$3.58 per share
Price / Cash Flow: 9.04
Book Value: C$12.40 per share
Price / Book: 2.61

Miscellaneous

Outstanding Shares: 398,437,000
Free Float: N/A
Market Cap: C$12.88 billion
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Timothy S. Gitzel (Age 59)
Pres, CEO & Director
Comp: $2.47M
Dr. Grant E. Isaac
Sr. 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 62)
Sr. VP & Chief Corp. Officer
Comp: $813.1k
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
Alain D. Renaud P.Geo.
Chief Geologist of Technical Services
Ms. Heidi Shockey
Vice-Pres & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CCO Stock - Frequently Asked Questions

Should I buy or sell Cameco stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities 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 2022?: 8 Wall Street research analysts have issued 12 month price objectives for Cameco's stock. Their CCO share price forecasts range from C$30.00 to C$48.00. On average, they predict the company's share price to reach C$42.00 in the next year. This suggests a possible upside of 29.9% 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 2022?: Cameco's stock was trading at C$27.58 at the start of the year. Since then, CCO stock has increased by 17.2% and is now trading at C$32.33.
View the best growth stocks for 2022 here.
When is Cameco's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our CCO earnings forecast.
How were Cameco's earnings last quarter?: Cameco Co. (TSE:CCO) released its earnings results on Wednesday, July, 27th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.20. The firm earned $558 million during the quarter.
How often does Cameco pay dividends? What is the dividend yield for Cameco?: Cameco declared an annual dividend on Wednesday, February 9th. Stockholders of record on Wednesday, November 30th will be given a dividend of 0.12 per share on Thursday, December 15th. This represents a dividend yield of 0.42%. The ex-dividend date of this dividend is Tuesday, November 29th. This is a boost from the stock's previous annual dividend of C$0.08.
Read our dividend analysis for CCO.

Is Cameco a good dividend stock?: Cameco (TSE:CCO) pays an annual dividend of C$0.08 per share and currently has a dividend yield of 0.37%. The dividend payout ratio is 53.33%. 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), Wheaton Precious Metals (WPM) and 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$32.33.
How much money does Cameco make?: Cameco (TSE:CCO) has a market capitalization of C$12.88 billion and generates C$1.78 billion in revenue each year.
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 8/15/2022 by MarketBeat.com Staff

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