TSE:CCO

Cameco (CCO) Stock Forecast, Price & News

C$36.29

-0.75 (-2.02%)

(As of 05/30/2023 ET)

Compare

Today's Range: C$35.65
▼
C$37.11
50-Day Range: C$33.06
▼
C$38.28
52-Week Range: C$26.32
▼
C$40.81

Volume: 879,491 shs
Average Volume: 1.14 million shs
Market Capitalization: C$15.71 billion

P/E Ratio: 93.05
Dividend Yield: 0.33%
Price Target: C$49.80

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

Cameco MarketRank™ Forecast

Analyst Rating: Strong Buy
3.50 Rating Score
Upside/Downside: 37.2% Upside
C$49.80 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
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.

2.01 out of 5 stars

3.8

Analyst's Opinion

Consensus Rating
Cameco has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$49.80, Cameco has a forecasted upside of 37.2% from its current price of C$36.29.
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 0.32%, 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 30.77%. 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.

1.1

News and Social Media Coverage

Search Interest
30 people have searched for CCO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
10 people have added Cameco to their MarketBeat watchlist in the last 30 days. This is an increase of 150% 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
69.59% of the stock of Cameco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cameco is 93.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cameco is 93.05, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 87.06.
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 2.64. 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

May 23, 2023 | theglobeandmail.com

Cameco: Stocks Analysts Recently Downgraded on TSX (CCO)

May 22, 2023 | msn.com

Cameco’s Nuclear Renaissance: How Uranium Could Power Your Portfolio

May 30, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

May 17, 2023 | theglobeandmail.com

Closing Bell: Cameco Corp down on Tuesday (CCO)

May 10, 2023 | theglobeandmail.com

Closing Bell: Cameco Corp up on Wednesday (CCO)

May 10, 2023 | marketwatch.com

Cameco Corp. stock rises Tuesday, outperforms market

May 10, 2023 | marketwatch.com

Cameco Corp. stock rises Wednesday, outperforms market

May 8, 2023 | finance.yahoo.com

Cameco (TSE:CCO) shareholders have earned a 21% CAGR over the last five years

May 30, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

May 4, 2023 | americanbankingnews.com

Cameco (TSE:CCO) Price Target Raised to C$51.00

May 2, 2023 | americanbankingnews.com

Cameco (TSE:CCO) Price Target Raised to C$50.00 at Raymond James

April 30, 2023 | americanbankingnews.com

Cameco (TSE:CCO) Shares Pass Above Two Hundred Day Moving Average of $33.80

April 28, 2023 | finance.yahoo.com

Cameco Reports First Quarter Results, Solid Quarter Demonstrating the Strength and Purpose of Our Strategy; Long-Term Contracting Success in New Markets; Still Early Days of a Market Transition

April 26, 2023 | americanbankingnews.com

Cameco (CCO) Set to Announce Quarterly Earnings on Friday

April 18, 2023 | finance.yahoo.com

G-7’s Nuclear Fuel Pact Offers Boost for Canadian Uranium Deals

April 17, 2023 | theglobeandmail.com

Closing Bell: Cameco Corp down on Monday (CCO)

April 14, 2023 | theglobeandmail.com

Closing Bell: Cameco Corp down on Friday (CCO)

April 13, 2023 | theglobeandmail.com

Closing Bell: Cameco Corp up on Thursday (CCO)

April 13, 2023 | finance.yahoo.com

A Look At The Intrinsic Value Of Cameco Corporation (TSE:CCO)

April 13, 2023 | theglobeandmail.com

Closing Bell: Cameco Corp down on Wednesday (CCO)

April 8, 2023 | americanbankingnews.com

Bank of America Boosts Cameco (TSE:CCO) Price Target to C$50.00

March 29, 2023 | americanbankingnews.com

Q3 2024 EPS Estimates for Cameco Co. Increased by Raymond James (TSE:CCO)

March 28, 2023 | finance.yahoo.com

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

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

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CCO Company Calendar

Last Earnings: 2/07/2020
Today: 5/30/2023
Next Earnings (Estimated): 7/26/2023

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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$49.80
High Stock Price Forecast: C$51.00
Low Stock Price Forecast: C$48.00
Forecasted Upside/Downside: +38.8%
Consensus Rating: Strong Buy
Rating Score (0-4): 3.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.39
Trailing P/E Ratio: 91.97
Forward P/E Ratio: 35.34
P/E Growth: 2.22
Net Income: C$168 million
Net Margins: 7.79%
Pretax Margin: N/A
Return on Equity: 3.10%
Return on Assets: 2.21%

Debt

Debt-to-Equity Ratio: 18.80
Current Ratio: 7.74
Quick Ratio: 3.74

Sales & Book Value

Annual Sales: C$2.16 billion
Price / Sales: 7.19
Cash Flow: C$3.77 per share
Price / Cash Flow: 9.51
Book Value: C$13.76 per share
Price / Book: 2.61

Miscellaneous

Outstanding Shares: 433,030,000
Free Float: N/A
Market Cap: C$15.53 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?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last twelve months. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong buy" CCO shares.
View CCO analyst ratings or view top-rated stocks.
What is Cameco's stock price forecast for 2023?: 2 equities research analysts have issued 12 month target prices for Cameco's shares. Their CCO share price forecasts range from C$48.00 to C$51.00. On average, they anticipate the company's stock price to reach C$49.80 in the next twelve months. This suggests a possible upside of 37.2% 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 beginning of 2023. Since then, CCO shares have increased by 18.2% and is now trading at C$36.29.
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 Wednesday, July 26th 2023.
View our CCO earnings forecast.
How were Cameco's earnings last quarter?: Cameco Co. (TSE:CCO) issued its earnings results on Friday, February, 7th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.21. The company had revenue of $874 million for the quarter. Cameco had a trailing twelve-month return on equity of 3.10% and a net margin of 7.79%. During the same period in the prior year, the company posted ($0.05) EPS.
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 0.32%. The dividend payout ratio is 30.77%. 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$36.29.
How much money does Cameco make?: Cameco (TSE:CCO) has a market capitalization of C$15.71 billion and generates C$2.16 billion in revenue each year. The company earns C$168 million in net income (profit) each year or C$0.39 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 5/30/2023 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

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^™