Desjardins Estimates Cameco’s Q2 Earnings (NYSE:CCJ)

Cameco Corporation (NYSE:CCJ) (TSE:CCO) – Research analysts at Desjardins issued their Q2 2025 earnings per share (EPS) estimates for Cameco in a report released on Thursday, July 17th. Desjardins analyst B. Adams expects that the basic materials company will post earnings of $0.32 per share for the quarter. Desjardins has a “Buy” rating on the stock. The consensus estimate for Cameco’s current full-year earnings is $1.27 per share.

Several other equities analysts have also recently issued reports on the company. UBS Group restated a “buy” rating on shares of Cameco in a research note on Tuesday, June 10th. Scotiabank reaffirmed an “outperform” rating on shares of Cameco in a research note on Tuesday, July 8th. Wall Street Zen raised shares of Cameco from a “sell” rating to a “hold” rating in a research note on Tuesday, May 13th. The Goldman Sachs Group upped their price objective on shares of Cameco from $65.00 to $78.00 and gave the company a “buy” rating in a research note on Wednesday, June 11th. Finally, Royal Bank Of Canada upped their price target on Cameco from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, June 20th. One research analyst has rated the stock with a hold rating, ten have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $80.65.

Cameco Price Performance

Shares of CCJ stock opened at $77.74 on Friday. The company has a market capitalization of $33.84 billion, a PE ratio of 194.16 and a beta of 1.03. The firm has a fifty day simple moving average of $64.82 and a 200-day simple moving average of $52.34. The company has a current ratio of 2.70, a quick ratio of 1.26 and a debt-to-equity ratio of 0.15. Cameco has a twelve month low of $35.00 and a twelve month high of $78.85.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its quarterly earnings results on Thursday, May 1st. The basic materials company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.07). Cameco had a return on equity of 4.47% and a net margin of 7.50%. The business had revenue of $549.58 million for the quarter, compared to analysts’ expectations of $890.07 million. During the same period in the prior year, the company earned $0.13 EPS. The company’s revenue for the quarter was up 24.4% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CCJ. Proficio Capital Partners LLC acquired a new stake in shares of Cameco in the fourth quarter valued at approximately $1,212,000. Farther Finance Advisors LLC raised its holdings in Cameco by 17.3% during the 4th quarter. Farther Finance Advisors LLC now owns 2,902 shares of the basic materials company’s stock worth $149,000 after buying an additional 428 shares during the period. Commonwealth Equity Services LLC boosted its position in Cameco by 40.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 128,898 shares of the basic materials company’s stock worth $6,624,000 after acquiring an additional 37,040 shares during the last quarter. Natixis Advisors LLC boosted its position in Cameco by 25.3% during the 4th quarter. Natixis Advisors LLC now owns 113,765 shares of the basic materials company’s stock worth $5,846,000 after acquiring an additional 22,949 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of Cameco by 8.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,910 shares of the basic materials company’s stock worth $355,000 after purchasing an additional 565 shares during the last quarter. 70.21% of the stock is owned by institutional investors and hedge funds.

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.