Cameco (CCO) Scheduled to Post Quarterly Earnings on Thursday

Cameco (TSE:CCO) (NYSE:CCJ) is set to release its earnings data before the market opens on Thursday, November 7th. Analysts expect Cameco to post earnings of C$0.31 per share for the quarter.

Cameco Stock Down 0.2 %

CCO opened at C$70.98 on Wednesday. The company has a quick ratio of 3.74, a current ratio of 3.22 and a debt-to-equity ratio of 25.39. The firm has a 50 day moving average price of C$63.76 and a 200-day moving average price of C$65.74. Cameco has a twelve month low of C$48.71 and a twelve month high of C$81.12. The stock has a market capitalization of C$30.89 billion, a price-to-earnings ratio of 120.31, a PEG ratio of 2.22 and a beta of 0.90.

Analyst Ratings Changes

Several analysts recently issued reports on CCO shares. National Bank Financial upgraded shares of Cameco to a “strong-buy” rating in a research report on Tuesday, September 3rd. National Bankshares upped their target price on shares of Cameco from C$74.00 to C$85.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. TD Securities upped their price target on shares of Cameco from C$79.00 to C$80.00 in a research note on Monday, July 22nd. Scotiabank reduced their target price on shares of Cameco from C$81.00 to C$80.00 in a research note on Monday, August 19th. Finally, Canaccord Genuity Group increased their target price on shares of Cameco from C$75.00 to C$78.00 and gave the company a “buy” rating in a research note on Tuesday, September 24th. Eight research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Cameco has a consensus rating of “Buy” and an average target price of C$78.60.

Insiders Place Their Bets

In other Cameco news, Senior Officer Cory John-Paul Kos bought 500 shares of the company’s stock in a transaction on Monday, August 19th. The shares were bought at an average cost of C$56.23 per share, for a total transaction of C$28,115.00. In other news, Senior Officer Cory John-Paul Kos purchased 500 shares of the stock in a transaction dated Monday, August 19th. The shares were acquired at an average cost of C$56.23 per share, for a total transaction of C$28,115.00. Also, Senior Officer Ronald Liam Mooney sold 3,400 shares of the firm’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$70.49, for a total transaction of C$239,666.00. 0.15% of the stock is owned by company insiders.

About Cameco

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.