Cameco (CCJ) Projected to Post Quarterly Earnings on Tuesday

Cameco (NYSE:CCJ) (TSE:CCO) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect Cameco to post earnings of $0.26 per share and revenue of $890.07 million for the quarter. Cameco has set its FY 2025 guidance at EPS.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.26. Cameco had a net margin of 5.39% and a return on equity of 4.34%. The business had revenue of $845.54 million during the quarter, compared to analyst estimates of $1.09 billion. On average, analysts expect Cameco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Cameco Trading Down 3.5 %

CCJ opened at $39.72 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26. Cameco has a fifty-two week low of $35.00 and a fifty-two week high of $62.55. The company’s 50 day moving average price is $42.48 and its two-hundred day moving average price is $49.66. The firm has a market capitalization of $17.29 billion, a price-to-earnings ratio of 141.86 and a beta of 1.04.

Analysts Set New Price Targets

A number of analysts recently weighed in on CCJ shares. Stifel Canada upgraded Cameco to a “strong-buy” rating in a report on Wednesday, March 12th. StockNews.com raised Cameco from a “sell” rating to a “hold” rating in a research note on Tuesday, April 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $90.00 target price on shares of Cameco in a report on Tuesday, March 4th. Stifel Nicolaus assumed coverage on Cameco in a report on Wednesday, March 12th. They set a “buy” rating for the company. Finally, Sanford C. Bernstein started coverage on shares of Cameco in a research note on Tuesday, April 1st. They issued an “outperform” rating and a $52.00 price objective for the company. One analyst has rated the stock with a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Cameco has a consensus rating of “Buy” and an average price target of $70.03.

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.