Brokers Issue Forecasts for Cameco’s Q1 Earnings (TSE:CCO)

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Equities researchers at Raymond James cut their Q1 2025 earnings per share estimates for shares of Cameco in a research note issued to investors on Thursday, February 20th. Raymond James analyst B. Macarthur now expects that the company will post earnings of $0.23 per share for the quarter, down from their previous estimate of $0.32. Raymond James also issued estimates for Cameco’s Q2 2025 earnings at $0.47 EPS and FY2025 earnings at $1.81 EPS.

Several other research firms have also recently commented on CCO. TD Securities cut their target price on Cameco from C$91.00 to C$90.00 and set a “buy” rating on the stock in a research note on Friday. BMO Capital Markets boosted their target price on Cameco from C$78.00 to C$84.00 in a research note on Friday, November 8th. Royal Bank of Canada boosted their target price on Cameco from C$75.00 to C$90.00 in a research note on Thursday, November 21st. National Bankshares upped their price objective on Cameco from C$85.00 to C$87.00 in a research note on Friday, November 8th. Finally, Eight Capital increased their price objective on Cameco from C$80.00 to C$90.00 in a report on Friday, November 8th. Six equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$85.30.

Cameco Trading Down 6.1 %

TSE CCO opened at C$61.87 on Monday. The stock has a market capitalization of C$27.23 billion, a price-to-earnings ratio of 233.76, a PEG ratio of 2.22 and a beta of 0.90. The stock’s 50 day moving average price is C$72.89 and its two-hundred day moving average price is C$69.10. The company has a debt-to-equity ratio of 20.35, a quick ratio of 3.74 and a current ratio of 2.88. Cameco has a 52 week low of C$48.71 and a 52 week high of C$88.18.

Insider Activity at Cameco

In other Cameco news, Senior Officer Tim Scott Gitzel sold 50,000 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$85.66, for a total value of C$4,283,000.00. 0.15% of the stock is owned by company insiders.

Cameco Company Profile

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.