Brokers Set Expectations for Cameco’s Q1 Earnings (TSE:CCO)

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Equities researchers at Raymond James dropped their Q1 2025 earnings per share (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 previous forecast 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.

Other equities analysts have also recently issued reports about the company. BMO Capital Markets lifted their price objective on Cameco from C$78.00 to C$84.00 in a report on Friday, November 8th. Eight Capital lifted their price objective on Cameco from C$80.00 to C$90.00 in a report on Friday, November 8th. TD Securities dropped their price objective on Cameco from C$91.00 to C$90.00 and set a “buy” rating for the company in a report on Friday. National Bankshares boosted their price target on Cameco from C$85.00 to C$87.00 in a report on Friday, November 8th. Finally, Scotiabank boosted their price target on Cameco from C$80.00 to C$86.00 in a report on Tuesday, November 19th. Six research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, Cameco has an average rating of “Buy” and a consensus price target of C$85.30.

Cameco Price Performance

Shares of TSE CCO opened at C$61.87 on Monday. The stock has a market capitalization of C$27.23 billion, a PE ratio of 233.76, a P/E/G ratio of 2.22 and a beta of 0.90. The company has a debt-to-equity ratio of 20.35, a current ratio of 2.88 and a quick ratio of 3.74. The business has a fifty day moving average price of C$72.89 and a two-hundred day moving average price of C$69.10. Cameco has a fifty-two week low of C$48.71 and a fifty-two week high of C$88.18.

Insider Transactions at Cameco

In other Cameco news, Senior Officer Tim Scott Gitzel sold 50,000 shares of the company’s 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. 0.15% of the stock is owned by insiders.

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.