Research Analysts Set Expectations for Cameco Q1 Earnings

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Analysts at Raymond James dropped their Q1 2025 earnings estimates for shares of Cameco in a report issued on Thursday, February 20th. Raymond James analyst B. Macarthur now expects that the basic materials company will post earnings per share of $0.16 for the quarter, down from their previous forecast of $0.22. The consensus estimate for Cameco’s current full-year earnings is $1.27 per share. Raymond James also issued estimates for Cameco’s Q2 2025 earnings at $0.33 EPS and FY2025 earnings at $1.27 EPS.

Separately, StockNews.com raised Cameco from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $66.56.

Cameco Stock Up 0.6 %

NYSE CCJ opened at $43.55 on Monday. Cameco has a 1-year low of $35.43 and a 1-year high of $62.55. The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20. The stock’s 50 day moving average is $50.57 and its two-hundred day moving average is $49.86. The company has a market capitalization of $18.96 billion, a price-to-earnings ratio of 155.54 and a beta of 0.94.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.26 earnings per share for the quarter, hitting the consensus estimate of $0.26. Cameco had a return on equity of 4.34% and a net margin of 5.39%. The company had revenue of $845.54 million for the quarter, compared to analyst estimates of $1.09 billion.

Institutional Investors Weigh In On Cameco

Institutional investors and hedge funds have recently made changes to their positions in the company. Blue Trust Inc. boosted its holdings in shares of Cameco by 68.8% in the 3rd quarter. Blue Trust Inc. now owns 1,575 shares of the basic materials company’s stock worth $77,000 after acquiring an additional 642 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of Cameco by 8.3% in the 3rd quarter. Private Advisor Group LLC now owns 65,251 shares of the basic materials company’s stock worth $3,117,000 after acquiring an additional 5,011 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Cameco in the 3rd quarter worth approximately $95,830,000. Assenagon Asset Management S.A. lifted its position in Cameco by 22.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 21,497 shares of the basic materials company’s stock worth $1,027,000 after buying an additional 3,899 shares in the last quarter. Finally, Dakota Wealth Management lifted its position in Cameco by 4.1% during the 3rd quarter. Dakota Wealth Management now owns 33,288 shares of the basic materials company’s stock worth $1,590,000 after buying an additional 1,323 shares in the last quarter. Institutional investors and hedge funds own 70.21% of the company’s stock.

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.