FY2025 Earnings Estimate for Cameco Issued By Scotiabank

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Equities research analysts at Scotiabank lifted their FY2025 earnings per share (EPS) estimates for shares of Cameco in a research report issued on Monday, June 9th. Scotiabank analyst O. Wowkodaw now expects that the company will earn $1.54 per share for the year, up from their prior estimate of $1.19. Scotiabank currently has a “Outperform” rating and a $93.00 target price on the stock. Scotiabank also issued estimates for Cameco’s FY2026 earnings at $1.61 EPS.

Other equities analysts also recently issued reports about the stock. Bank of America increased their price objective on shares of Cameco from C$93.00 to C$106.00 in a research note on Tuesday. Stifel Nicolaus increased their target price on Cameco from C$90.00 to C$105.00 in a research report on Tuesday. Canaccord Genuity Group increased their target price on Cameco from C$83.50 to C$92.00 and gave the company a “buy” rating in a research report on Monday. BMO Capital Markets increased their target price on Cameco from C$85.00 to C$95.00 and gave the company an “outperform” rating in a research report on Monday. Finally, National Bankshares raised their price objective on Cameco from C$81.00 to C$95.00 in a research report on Monday. Eight equities research analysts have rated the stock with a buy rating and five have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$92.92.

Cameco Stock Down 0.7%

Shares of Cameco stock opened at C$89.99 on Thursday. The company has a debt-to-equity ratio of 20.35, a current ratio of 2.88 and a quick ratio of 3.74. Cameco has a 1 year low of C$48.71 and a 1 year high of C$93.22. The firm’s 50-day moving average is C$69.43 and its two-hundred day moving average is C$70.05. The stock has a market cap of C$39.61 billion, a price-to-earnings ratio of 340.01, a PEG ratio of 2.22 and a beta of 0.90.

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.