National Bank Financial Weighs in on Cameco Q4 Earnings

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Equities research analysts at National Bank Financial issued their Q4 2024 EPS estimates for shares of Cameco in a research report issued on Wednesday, February 12th. National Bank Financial analyst M. Sidibe anticipates that the company will post earnings of $0.35 per share for the quarter. National Bank Financial also issued estimates for Cameco’s FY2027 earnings at $2.26 EPS.

CCO has been the topic of a number of other reports. Royal Bank of Canada upped their price objective on Cameco from C$75.00 to C$90.00 in a research report on Thursday, November 21st. Eight Capital boosted their target price on shares of Cameco from C$80.00 to C$90.00 in a research note on Friday, November 8th. Raymond James lifted their price objective on Cameco from C$81.00 to C$88.00 in a report on Friday, November 22nd. Scotiabank lifted their price objective on Cameco from C$80.00 to C$86.00 in a report on Tuesday, November 19th. Finally, 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. Five research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$84.30.

Cameco Stock Performance

Shares of TSE CCO opened at C$69.65 on Friday. Cameco has a 52-week low of C$48.71 and a 52-week high of C$88.18. The company has a market cap of C$30.66 billion, a P/E ratio of 263.16, a P/E/G ratio of 2.22 and a beta of 0.90. The firm’s fifty day moving average is C$75.03 and its two-hundred day moving average is C$68.96. The company has a debt-to-equity ratio of 20.35, a quick ratio of 3.74 and a current ratio of 2.88.

Insider Buying and Selling

In other Cameco news, Senior Officer Brian Arthur Reilly sold 14,062 shares of the stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of C$79.98, for a total transaction of C$1,124,678.76. Also, Senior Officer Tim Scott Gitzel sold 50,000 shares of the stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of C$85.66, for a total value of C$4,283,000.00. Insiders sold 78,962 shares of company stock worth $6,650,076 in the last 90 days. Insiders own 0.15% of the company’s stock.

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.