Raymond James Brokers Lower Earnings Estimates for Cameco

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Analysts at Raymond James lowered their Q1 2025 EPS estimates for shares of Cameco in a research report issued to clients and investors on Thursday, February 20th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.23 per share for the quarter, down from their prior 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.

A number of other brokerages have also recently issued reports on CCO. BMO Capital Markets boosted their target price on shares of Cameco from C$78.00 to C$84.00 in a report on Friday, November 8th. National Bankshares boosted their target price on shares of Cameco from C$85.00 to C$87.00 in a report on Friday, November 8th. Eight Capital boosted their price target on shares of Cameco from C$80.00 to C$90.00 in a research report on Friday, November 8th. Scotiabank boosted their price target on shares of Cameco from C$80.00 to C$86.00 in a research report on Tuesday, November 19th. Finally, Royal Bank of Canada boosted their price target on shares of Cameco from C$75.00 to C$90.00 in a research report on Thursday, November 21st. Six research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, Cameco has an average rating of “Buy” and a consensus target price of C$85.30.

Cameco Trading Up 1.0 %

Shares of CCO stock opened at C$62.36 on Monday. The company’s fifty day simple moving average is C$72.29 and its two-hundred day simple moving average is C$69.10. The company has a debt-to-equity ratio of 20.35, a current ratio of 2.88 and a quick ratio of 3.74. Cameco has a 1 year low of C$48.71 and a 1 year high of C$88.18. The stock has a market capitalization of C$27.45 billion, a price-to-earnings ratio of 235.62, a PEG ratio of 2.22 and a beta of 0.90.

Insider Buying and Selling

In related 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.