Scotiabank Weighs in on Cameco’s FY2025 Earnings (TSE:CCO)

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Investment analysts at Scotiabank raised their FY2025 earnings per share estimates for shares of Cameco in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings of $1.23 per share for the year, up from their previous forecast of $1.18. Scotiabank also issued estimates for Cameco’s FY2026 earnings at $1.67 EPS.

Several other analysts have also recently commented on the company. Stifel Canada upgraded Cameco to a “strong-buy” rating in a report on Wednesday, March 12th. TD Securities lowered their price target on Cameco from C$91.00 to C$90.00 and set a “buy” rating for the company in a report on Friday, February 21st. Six analysts have rated the stock with a buy rating and four have given a strong buy rating to the stock. According to MarketBeat.com, Cameco currently has a consensus rating of “Buy” and a consensus target price of C$85.30.

Cameco Trading Down 0.4 %

Cameco stock opened at C$63.91 on Friday. The company has a current ratio of 2.88, a quick ratio of 3.74 and a debt-to-equity ratio of 20.35. The stock has a market cap of C$28.13 billion, a PE ratio of 241.47, a P/E/G ratio of 2.22 and a beta of 0.90. The stock has a 50-day moving average price of C$67.48 and a 200 day moving average price of C$69.86. Cameco has a 52 week low of C$48.71 and a 52 week high of C$88.18.

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.