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TSE:CCO

Cameco (CCO) Stock Price, News & Analysis

C$72.71
+0.74 (+1.03%)
(As of 06/13/2024 ET)
Today's Range
C$71.95
C$73.99
50-Day Range
C$62.81
C$75.81
52-Week Range
C$38.64
C$76.66
Volume
1.07 million shs
Average Volume
1.31 million shs
Market Capitalization
C$31.60 billion
P/E Ratio
134.65
Dividend Yield
0.17%
Price Target
C$76.78

Cameco MarketRank™ Stock Analysis

Analyst Rating
Buy
3.13 Rating Score
Upside/​Downside
5.6% Upside
C$76.78 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.53mentions of Cameco in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
C$17.24 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.79 out of 5 stars

CCO stock logo

About Cameco Stock (TSE:CCO)

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. This segment also produces CANDU reactor fuel bundles and other reactor components. The company offers nuclear fuel processing services. The Westinghouse segment engages in the manufacture of nuclear reactor technology original equipment. This segment provides products and services to commercial utilities and government agencies; and outage and maintenance services, engineering support, instrumentation and controls equipment, plant modification, and components and parts to nuclear reactors. 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 Stock Price History

CCO Stock News Headlines

Growth Spurt: 2 TSX Stocks Set to Skyrocket
Is it Too Late to Buy Cameco Stock?
Cameco Logs Loss, Revenue Falls in 1Q
Where to Invest $10,000 in April 2024
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
6/13/2024
Next Earnings (Estimated)
8/07/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Uranium
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
4,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$76.78
High Stock Price Target
C$83.00
Low Stock Price Target
C$68.00
Potential Upside/Downside
+5.6%
Consensus Rating
Buy
Rating Score (0-4)
3.13
Research Coverage
8 Analysts

Profitability

Net Income
C$234.82 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.53 billion
Cash Flow
C$7.65 per share
Book Value
C$14.08 per share

Miscellaneous

Free Float
N/A
Market Cap
C$31.60 billion
Optionable
Not Optionable
Beta
0.93
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Key Executives

  • Mr. Timothy S. Gitzel (Age 61)
    President, CEO & Director
    Comp: $2.91M
  • Dr. Grant E. Isaac
    Executive VP & CFO
  • Mr. Brian Arthur Reilly B.Sc.
    M.B.A., M.Sc., P.Geo., Senior VP & COO
  • Mr. Sean Anthony Quinn
    Senior VP, Chief Legal Officer & Corporate Secretary
  • Ms. Alice Louise Wong Icd.D (Age 64)
    Senior VP & Chief Corporate Officer
    Comp: $986.5k
  • 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
    Senior VP & Deputy CFO
  • Alain D. Renaud P.Geo.
    Chief Geologist of Technical Services

Should I Buy Cameco Stock? CCO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Cameco Co.:

  • Cameco Co. stock has shown a consistent upward trend in recent periods, indicating potential for capital appreciation.
  • The company has a strong quick ratio of 3.74 and a current ratio of 1.42, reflecting its ability to meet short-term obligations.
  • Analysts have given positive ratings and price target upgrades for Cameco Co., suggesting confidence in its future performance.
  • Cameco Co. has a market cap of C$32.87 billion, indicating its position as a significant player in the industry.
  • The company's earnings per share (EPS) performance is expected to improve, which could attract investors seeking growth opportunities.

Cons

Investors should be bearish about investing in Cameco Co. for these reasons:

  • The company's debt-to-equity ratio of 27.96 is relatively high, which may pose risks in terms of financial leverage.
  • Cameco Co. reported a lower-than-expected EPS in the last quarter, which could impact investor confidence in its short-term performance.
  • The stock's 50-day simple moving average is below the current price, indicating potential short-term volatility.
  • Despite positive analyst ratings, there may be external factors such as market conditions that could affect Cameco Co.'s stock performance.
  • Investors should consider the industry outlook for uranium and nuclear energy, as it directly impacts Cameco Co.'s business prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, June 3, 2024. Please send any questions or comments about these Cameco pros and cons to contact@marketbeat.com.

CCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Cameco stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last year. There are currently 7 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 target for 2024?

8 Wall Street research analysts have issued 12-month price targets for Cameco's shares. Their CCO share price targets range from C$68.00 to C$83.00. On average, they anticipate the company's share price to reach C$76.78 in the next twelve months. This suggests a possible upside of 5.6% 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 2024?

Cameco's stock was trading at C$57.13 at the beginning of the year. Since then, CCO stock has increased by 27.3% and is now trading at C$72.71.
View the best growth stocks for 2024 here
.

When is Cameco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our CCO earnings forecast
.

How were Cameco's earnings last quarter?

Cameco Co. (TSE:CCO) issued its earnings results on Tuesday, April, 30th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.45 by $0.32. The firm had revenue of $634 million for the quarter. Cameco had a trailing twelve-month return on equity of 3.89% and a net margin of 9.27%.

How often does Cameco pay dividends? What is the dividend yield for Cameco?

Cameco announced an annual dividend on Tuesday, October 31st. Investors of record on Thursday, November 30th will be given a dividend of 0.12 per share on Friday, December 15th. This represents a dividend yield of 0.21%. The ex-dividend date is Wednesday, November 29th.
Read our dividend analysis for CCO
.

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 0.17%. The dividend payout ratio is 22.22%. 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?
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.

This page (TSE:CCO) was last updated on 6/13/2024 by MarketBeat.com Staff

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