Raymond James Brokers Lower Earnings Estimates for Cameco

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Raymond James dropped their Q1 2025 earnings estimates for Cameco in a report released on Thursday, February 20th. Raymond James analyst B. Macarthur now expects that the company will earn $0.23 per share for the quarter, down from their previous estimate 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 also recently issued reports about the stock. TD Securities lowered their price objective on shares of Cameco from C$91.00 to C$90.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Scotiabank upped their price objective on shares of Cameco from C$80.00 to C$86.00 in a research note on Tuesday, November 19th. BMO Capital Markets upped their price objective on shares of Cameco from C$78.00 to C$84.00 in a research note on Friday, November 8th. Royal Bank of Canada upped their price objective on shares of Cameco from C$75.00 to C$90.00 in a research note on Thursday, November 21st. Finally, Eight Capital increased their price target on shares of Cameco from C$80.00 to C$90.00 in a research note on Friday, November 8th. Six analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$85.30.

Cameco Stock Performance

Shares of TSE:CCO opened at C$62.36 on Monday. The company has a market cap of C$27.45 billion, a price-to-earnings ratio of 235.62, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. The company has a 50-day moving average price of C$72.29 and a 200-day moving average price of C$69.10. The company has a current ratio of 2.88, a quick ratio of 3.74 and a debt-to-equity ratio of 20.35. Cameco has a 12 month low of C$48.71 and a 12 month high of C$88.18.

Insiders Place Their Bets

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 shares were sold at an average price of C$85.66, for a total value of C$4,283,000.00. Corporate insiders own 0.15% 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.