National Bank Financial Comments on Cameco Q4 Earnings

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

A number of other analysts have also issued reports on the company. BMO Capital Markets boosted their target price on Cameco from C$78.00 to C$84.00 in a research report on Friday, November 8th. Royal Bank of Canada boosted their target price 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 Cameco from C$80.00 to C$90.00 in a research report on Friday, November 8th. Scotiabank boosted their target price on Cameco from C$80.00 to C$86.00 in a research report on Tuesday, November 19th. Finally, National Bankshares boosted their price target on shares of Cameco from C$85.00 to C$87.00 in a research note on Friday, November 8th. Five equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$84.30.

Cameco Stock Down 1.7 %

CCO stock opened at C$69.65 on Friday. The firm has a market cap of C$30.66 billion, a PE ratio of 263.16, a PEG ratio of 2.22 and a beta of 0.90. The company has a debt-to-equity ratio of 20.35, a quick ratio of 3.74 and a current ratio of 2.88. Cameco has a one year low of C$48.71 and a one year high of C$88.18. The firm’s 50 day moving average price is C$75.03 and its 200-day moving average price is C$68.96.

Insider Buying and Selling

In related news, Senior Officer Brian Arthur Reilly sold 14,062 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were 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 business’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$85.66, for a total transaction of C$4,283,000.00. Over the last quarter, insiders sold 78,962 shares of company stock worth $6,650,076. Corporate insiders own 0.15% 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.