National Bank Financial Estimates Cameco FY2025 Earnings

Cameco Co. (TSE:CCO) (NYSE:CCJ) – National Bank Financial lowered their FY2025 earnings per share estimates for Cameco in a research note issued on Tuesday, September 23rd. National Bank Financial analyst M. Sidibe now expects that the company will post earnings per share of $1.42 for the year, down from their prior estimate of $1.44.

Other equities analysts also recently issued reports about the company. Desjardins lifted their price target on Cameco from C$105.00 to C$110.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. National Bankshares lifted their price target on Cameco from C$110.00 to C$115.00 and gave the stock an “outperform” rating in a research note on Friday, August 22nd. Canaccord Genuity Group lifted their price target on Cameco from C$92.00 to C$115.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. BMO Capital Markets lifted their price target on Cameco from C$110.00 to C$120.00 in a research note on Friday, August 29th. Finally, Berenberg Bank raised their target price on shares of Cameco from C$75.00 to C$96.00 in a report on Tuesday, June 10th. Three research analysts have rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$113.46.

Cameco Stock Down 0.2%

TSE:CCO opened at C$119.22 on Friday. The company has a market capitalization of C$51.91 billion, a price-to-earnings ratio of 97.72, a price-to-earnings-growth ratio of 2.22 and a beta of 1.13. Cameco has a one year low of C$49.75 and a one year high of C$123.50. The stock has a 50-day simple moving average of C$107.81 and a 200 day simple moving average of C$86.85. The company has a debt-to-equity ratio of 20.35, a quick ratio of 3.74 and a current ratio of 2.88.

Cameco Company Profile

Cameco is one of the world’s largest uranium producers. When operating at normal production, the flagship McArthur River mine in Saskatchewan accounts for roughly 50% of output in normal market conditions. Amid years of uranium price weakness, the company has reduced production, instead purchasing from the spot market to meet contracted deliveries.