Cameco (CCJ) to Release Earnings on Tuesday

Cameco (NYSE:CCJ) (TSE:CCO) will release its earnings data before the market opens on Tuesday, April 30th. Analysts expect Cameco to post earnings of $0.33 per share for the quarter. Cameco has set its FY 2024 guidance at EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Cameco (NYSE:CCJ) (TSE:CCO) last released its quarterly earnings data on Thursday, February 8th. The basic materials company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.06). The firm had revenue of $620.00 million for the quarter. Cameco had a return on equity of 5.61% and a net margin of 13.97%. On average, analysts expect Cameco to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Cameco Trading Up 0.4 %

CCJ opened at $49.35 on Friday. The stock’s fifty day moving average is $44.43 and its two-hundred day moving average is $43.98. The company has a market capitalization of $21.43 billion, a P/E ratio of 82.25 and a beta of 0.92. Cameco has a 52 week low of $25.72 and a 52 week high of $52.64. The company has a quick ratio of 0.97, a current ratio of 1.55 and a debt-to-equity ratio of 0.21.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. The Goldman Sachs Group assumed coverage on Cameco in a report on Monday, April 1st. They issued a “buy” rating and a $55.00 price target on the stock. StockNews.com downgraded Cameco from a “hold” rating to a “sell” rating in a report on Thursday, April 4th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $62.75.

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.