Cameco (NYSE:CCJ – Get Free Report) (TSE:CCO) is scheduled to announce its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.39 per share for the quarter.
Cameco Stock Performance
Shares of CCJ opened at $51.27 on Wednesday. Cameco has a 12 month low of $35.43 and a 12 month high of $58.72. The company has a market capitalization of $22.31 billion, a price-to-earnings ratio of 119.23 and a beta of 0.89. The stock has a 50 day moving average of $47.56 and a 200 day moving average of $48.09. The company has a current ratio of 3.22, a quick ratio of 1.48 and a debt-to-equity ratio of 0.23.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on CCJ. Janney Montgomery Scott upgraded Cameco to a “strong-buy” rating in a research report on Friday, October 4th. Cantor Fitzgerald raised shares of Cameco from a “neutral” rating to an “overweight” rating in a research note on Wednesday, July 31st. National Bank Financial raised shares of Cameco to a “strong-buy” rating in a report on Tuesday, September 3rd. Scotiabank reduced their target price on Cameco from $81.00 to $80.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Finally, Glj Research reaffirmed a “buy” rating and set a $63.73 price target on shares of Cameco in a research note on Wednesday, August 14th. One research analyst has rated the stock with a sell rating, five have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Cameco presently has an average rating of “Buy” and an average target price of $66.56.
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.
Featured Articles
- Five stocks we like better than Cameco
- What is a Low P/E Ratio and What Does it Tell Investors?
- Palantir Cracks $50, Is There Still Time to Get on Board?
- Using the MarketBeat Stock Split Calculator
- Insider Buying Signals Upside for These 3 Stocks
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- These 2 Big Players Are Set to Compete With Elon Musk’s Starlink
Receive News & Ratings for Cameco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cameco and related companies with MarketBeat.com's FREE daily email newsletter.
