Raymond James Has Bearish Estimate for Cameco Q1 Earnings

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Investment analysts at Raymond James cut their Q1 2025 earnings estimates for shares of Cameco in a report issued on Thursday, February 20th. Raymond James analyst B. Macarthur now expects that the basic materials company will post earnings per share of $0.16 for the quarter, down from their prior forecast of $0.22. The consensus estimate for Cameco’s current full-year earnings is $1.27 per share. Raymond James also issued estimates for Cameco’s Q2 2025 earnings at $0.33 EPS and FY2025 earnings at $1.27 EPS.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its quarterly earnings results on Thursday, February 20th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.26. The business had revenue of $845.54 million during the quarter, compared to the consensus estimate of $1.09 billion. Cameco had a net margin of 5.39% and a return on equity of 4.34%.

Separately, StockNews.com upgraded Cameco from a “sell” rating to a “hold” rating in a report on Friday. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $66.56.

Cameco Price Performance

Shares of CCJ opened at $43.41 on Monday. The stock has a market cap of $18.89 billion, a PE ratio of 155.02 and a beta of 0.94. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26. Cameco has a 1-year low of $35.43 and a 1-year high of $62.55. The firm has a 50-day simple moving average of $50.79 and a two-hundred day simple moving average of $49.83.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CCJ. Sierra Ocean LLC acquired a new stake in Cameco during the 4th quarter worth $25,000. Hurley Capital LLC acquired a new stake in Cameco in the fourth quarter valued at about $27,000. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Cameco in the fourth quarter valued at approximately $28,000. Pingora Partners LLC acquired a new position in shares of Cameco during the 3rd quarter worth $33,000. Finally, Whipplewood Advisors LLC purchased a new position in Cameco in the fourth quarter valued at about $33,000. Institutional investors and hedge funds own 70.21% 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.