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

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Stock analysts at Desjardins lifted their FY2025 EPS estimates for Cameco in a research note issued to investors on Monday, June 16th. Desjardins analyst B. Adams now forecasts that the company will earn $1.25 per share for the year, up from their previous forecast of $1.10. Desjardins has a “Buy” rating and a $105.00 price target on the stock.

Other equities analysts also recently issued reports about the company. BMO Capital Markets lifted their price target on Cameco from C$85.00 to C$95.00 and gave the stock an “outperform” rating in a research note on Monday, June 9th. Raymond James Financial upped their price objective on Cameco from C$96.00 to C$102.00 and gave the company an “outperform” rating in a research note on Tuesday. Stifel Nicolaus lifted their target price on Cameco from C$90.00 to C$105.00 in a research report on Tuesday, June 10th. Sanford C. Bernstein upgraded Cameco to a “strong-buy” rating in a report on Tuesday, April 1st. Finally, Berenberg Bank upped their price target on Cameco from C$75.00 to C$96.00 in a research report on Tuesday, June 10th. Nine analysts have rated the stock with a buy rating and five have issued a strong buy rating to the company. According to MarketBeat, Cameco has an average rating of “Buy” and a consensus target price of C$94.93.

Cameco Price Performance

CCO opened at C$95.43 on Tuesday. The company has a market capitalization of C$42.00 billion, a P/E ratio of 360.56, a PEG ratio of 2.22 and a beta of 0.90. The company has a 50-day moving average of C$72.57 and a 200-day moving average of C$70.36. 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 1-year low of C$48.71 and a 1-year high of C$96.64.

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.