TSE:CCO

Cameco - CCO Stock Forecast, Price & News

C$34.05

+0.42 (+1.25%)

(As of 03/28/2023 11:51 AM ET)

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Today's Range: C$33.62
▼
C$34.15
50-Day Range: C$33.06
▼
C$39.67
52-Week Range: C$26.15
▼
C$41.05

Volume: 214,391 shs
Average Volume: 1.29 million shs
Market Capitalization: C$14.73 billion

P/E Ratio: 154.77
Dividend Yield: 0.35%
Price Target: C$47.13

Cameco MarketRank™ Forecast

Analyst Rating: Buy
3.17 Rating Score
Upside/Downside: 40.1% Upside
C$47.13 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.10
Based on 6 Articles This Week
Insider Trading: Selling Shares
C$1.05 M Sold Last Quarter
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 3.17, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$47.13, Cameco has a forecasted upside of 40.1% from its current price of C$33.63.
Amount of Analyst Coverage
Cameco has only been the subject of 2 research reports in the past 90 days.

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 0.36%, 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.

1.7

News and Social Media Coverage

News Sentiment
Cameco has a news sentiment score of 0.10. 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 is a lower news sentiment than the 0.30 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Cameco this week, compared to 2 articles on an average week.
Search Interest
Only 8 people have searched for CCO on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Cameco to their MarketBeat watchlist in the last 30 days. This is a decrease of -90% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cameco insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,048,604.00 in company stock.
Percentage Held by Insiders
Only 0.13% of the stock of Cameco is held by insiders.
Percentage Held by Institutions
69.63% 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 152.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 118.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cameco is 152.86, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 80.78.
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 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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.

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CCO Stock News Headlines

March 6, 2023 | marketbeat.com

Cameco Corporation Is the Only Uranium Play to Consider (CCO)

Nuclear energy is the original clean, carbon-free energy. The rare instances of fallout have caused it to gain a negative connotation. As the world migrates

March 28, 2023 | finance.yahoo.com

Investors Met With Slowing Returns on Capital At Cameco (TSE:CCO)

March 28, 2023 | Press Research (Ad)

Lithium Could Be 2023's Next Big Surprise

Lithium is the hottest commodity for our green future

March 27, 2023 | reuters.com

CCO.N

March 23, 2023 | americanbankingnews.com

Cameco Co. (TSE:CCO) Senior Officer Sells C$468,240.00 in Stock

March 22, 2023 | americanbankingnews.com

Cameco Co. (TSE:CCO) Senior Officer Ronald Liam Mooney Sells 1,200 Shares

January 3, 2023 | finance.yahoo.com

Cameco Corporation (TSE:CCO) is favoured by institutional owners who hold 59% of the company

November 28, 2022 | finance.yahoo.com

Cameco (TSE:CCO) shareholders have earned a 23% CAGR over the last five years

March 28, 2023 | Press Research (Ad)

Lithium Could Be 2023's Next Big Surprise

Lithium is the hottest commodity for our green future

November 21, 2022 | reuters.com

CCO.TO - Cameco Corp | Stock Price & Latest News | Reuters

November 8, 2022 | finance.yahoo.com

Cameco Third Quarter 2022 Earnings: Beats Expectations

November 7, 2022 | finance.yahoo.com

Cameco Signs Uranium Supply Agreement with China Nuclear International Corporation

October 29, 2022 | finance.yahoo.com

Calculating The Intrinsic Value Of Cameco Corporation (TSE:CCO)

October 18, 2022 | benzinga.com

This Is What Whales Are Betting On Cameco - Cameco (NYSE:CCJ) - Benzinga

October 18, 2022 | finance.yahoo.com

Cameco announces closing of US$747.6 million bought deal offering of common shares - Yahoo Finance

October 14, 2022 | benzinga.com

Cameco, Kinnate Biopharma And Other Big Losers From Wednesday - Bright Health Gr (NYSE:BHG), Albemarle (N - Benzinga

October 13, 2022 | bloomberg.com

Cameco Defends Westinghouse Deal, Citing New Demand in Europe - Bloomberg

October 12, 2022 | bloomberg.com

Watch Cameco CEO Defends Buying Westinghouse Stake - Bloomberg

October 12, 2022 | marketwatch.com

Toronto Stocks Inch Lower; Cameco, Brookfield Renewable Fall on Acquisition of Westinghouse - MarketWatch

October 12, 2022 | baystreet.ca

Brookfield Renewable And Cameco To Buy Westinghouse For $4.5 Billion - Baystreet.ca

October 12, 2022 | fool.com

Why Plug, Cameco, and Uranium Energy Stocks Dropped - The Motley Fool

October 12, 2022 | wsj.com

Stocks to Watch: PepsiCo, Cameco, Peabody Energy - The Wall Street Journal

October 12, 2022 | streetinsider.com

After-Hours Movers: El Pollo Loco Gains on Special Dividend, Cameco Falls on Westinghouse Deal - StreetInsider.com

October 12, 2022 | seekingalpha.com

Brookfield Business Partners to sell Westinghouse to Cameco, BEP for $8B (NYSE:BBU) - Seeking Alpha

October 11, 2022 | bloomberg.com

Brookfield Sells Westinghouse to Renewable Business, Cameco - Bloomberg

October 11, 2022 | nasdaq.com

Is Cameco (CCJ) Outperforming Other Basic Materials Stocks This Year? - Nasdaq

October 11, 2022 | finance.yahoo.com

Here’s Why Cameco Corporation (CCJ) Detracted in the Second Quarter - Yahoo Finance

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CCO Company Calendar

Last Earnings: 2/07/2020
Today: 3/28/2023
Next Earnings (Estimated): 5/04/2023

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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$47.13
High Stock Price Forecast: C$50.00
Low Stock Price Forecast: C$42.00
Forecasted Upside/Downside: +40.1%
Consensus Rating: Buy
Rating Score (0-4): 3.17
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.22
Trailing P/E Ratio: 152.86
Forward P/E Ratio: 34.97
P/E Growth: 2.22
Net Income: C$89.38 million
Net Margins: 4.78%
Pretax Margin: N/A
Return on Equity: 1.67%
Return on Assets: 1.59%

Debt

Debt-to-Equity Ratio: 18.70
Current Ratio: 5.92
Quick Ratio: 3.74

Sales & Book Value

Annual Sales: C$1.87 billion
Price / Sales: 7.78
Cash Flow: C$3.54 per share
Price / Cash Flow: 9.51
Book Value: C$13.49 per share
Price / Book: 2.49

Miscellaneous

Outstanding Shares: 432,720,000
Free Float: N/A
Market Cap: C$14.55 billion
Optionable: Optionable
Beta: 0.95

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

View All Insider Transactions

CCO Stock - Frequently Asked Questions

Should I buy or sell Cameco stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last twelve months. There are currently 5 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?: 6 brokers have issued 12-month target prices for Cameco's stock. Their CCO share price forecasts range from C$42.00 to C$50.00. On average, they anticipate the company's share price to reach C$47.13 in the next year. This suggests a possible upside of 39.2% 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 start of the year. Since then, CCO stock has increased by 10.3% and is now trading at C$33.85.
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, May 4th 2023.
View our CCO earnings forecast.
How were Cameco's earnings last quarter?: Cameco Co. (TSE:CCO) posted its quarterly earnings data on Friday, February, 7th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.03 by $0.21. The business had revenue of $874 million for the quarter. Cameco had a net margin of 4.78% and a trailing twelve-month return on equity of 1.67%. During the same quarter last year, the firm posted ($0.05) earnings per share.
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 0.36%. 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), 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$33.85.
How much money does Cameco make?: Cameco (TSE:CCO) has a market capitalization of C$14.65 billion and generates C$1.87 billion in revenue each year. The company earns C$89.38 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 3/28/2023 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 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^™