Cameco Co. (TSE:CCO – Free Report) (NYSE:CCJ) – Research analysts at Scotiabank increased their FY2025 earnings per share (EPS) estimates for Cameco in a report issued on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings of $1.23 per share for the year, up from their prior forecast of $1.18. Scotiabank also issued estimates for Cameco’s FY2026 earnings at $1.67 EPS.
Several other brokerages also recently issued reports on CCO. TD Securities reduced their price objective on Cameco from C$91.00 to C$90.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Raymond James boosted their price objective on Cameco from C$81.00 to C$88.00 in a research report on Friday, November 22nd. Finally, Stifel Canada upgraded Cameco to a “strong-buy” rating in a research report on Wednesday, March 12th. Six research analysts have rated the stock with a buy rating and four have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$85.30.
Cameco Stock Performance
Shares of CCO stock opened at C$63.91 on Friday. The company has a quick ratio of 3.74, a current ratio of 2.88 and a debt-to-equity ratio of 20.35. The business has a 50 day moving average of C$67.48 and a two-hundred day moving average of C$69.86. The company has a market cap of C$28.13 billion, a P/E ratio of 241.47, a PEG ratio of 2.22 and a beta of 0.90. Cameco has a 52 week low of C$48.71 and a 52 week high of C$88.18.
About Cameco
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.
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