Scotiabank Weighs in on Cameco’s FY2025 Earnings (TSE:CCO)

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Investment analysts at Scotiabank lifted their FY2025 earnings per share estimates for Cameco in a research report issued on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now expects that the company will post earnings per share of $1.23 for the year, up from their prior estimate of $1.18. Scotiabank also issued estimates for Cameco’s FY2026 earnings at $1.67 EPS.

Several other research analysts have also recently weighed in on CCO. Stifel Canada raised Cameco to a “strong-buy” rating in a research note on Wednesday, March 12th. TD Securities decreased their price target on Cameco from C$91.00 to C$90.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Six analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$85.30.

Cameco Trading Down 0.4 %

Shares of CCO stock opened at C$63.91 on Friday. The stock has a 50-day simple moving average of C$67.48 and a 200 day simple moving average of C$69.86. Cameco has a fifty-two week low of C$48.71 and a fifty-two week high of C$88.18. The stock has a market capitalization of C$28.13 billion, a P/E ratio of 241.47, a P/E/G ratio of 2.22 and a beta of 0.90. The company has a quick ratio of 3.74, a current ratio of 2.88 and a debt-to-equity ratio of 20.35.

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.