Cameco (CCJ) Expected to Announce Quarterly Earnings on Tuesday

Cameco (NYSE:CCJ) (TSE:CCO) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $890.07 million for the quarter. Cameco has set its FY 2025 guidance at EPS.

Cameco (NYSE:CCJ) (TSE:CCO) last posted its quarterly earnings results on Thursday, February 20th. The basic materials company reported $0.26 earnings per share for the quarter, meeting the consensus estimate of $0.26. The company had revenue of $845.54 million during the quarter, compared to analyst estimates of $1.09 billion. Cameco had a net margin of 5.39% and a return on equity of 4.34%. On average, analysts expect Cameco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Cameco Stock Performance

Shares of CCJ stock opened at $39.72 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88. The firm has a market cap of $17.29 billion, a price-to-earnings ratio of 141.86 and a beta of 1.04. Cameco has a 52 week low of $35.00 and a 52 week high of $62.55. The firm’s 50-day simple moving average is $42.48 and its two-hundred day simple moving average is $49.66.

Analyst Ratings Changes

CCJ has been the subject of several research reports. StockNews.com raised Cameco from a “sell” rating to a “hold” rating in a report on Tuesday, April 15th. Stifel Canada raised Cameco to a “strong-buy” rating in a report on Wednesday, March 12th. Sanford C. Bernstein began coverage on shares of Cameco in a research report on Tuesday, April 1st. They set an “outperform” rating and a $52.00 target price for the company. Royal Bank of Canada reissued an “outperform” rating and issued a $90.00 price target on shares of Cameco in a research report on Tuesday, March 4th. Finally, Glj Research raised their price objective on shares of Cameco from $62.76 to $75.68 and gave the stock a “buy” rating in a report on Wednesday, March 12th. One research analyst has rated the stock with a hold rating, nine have given a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $70.03.

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.