Cameco (NYSE:CCJ) Rating Lowered to “Hold” at TD Securities

Cameco (NYSE:CCJ) (TSE:CCO) was downgraded by stock analysts at TD Securities from a “strong-buy” rating to a “hold” rating in a report issued on Thursday,Zacks.com reports.

CCJ has been the subject of a number of other reports. Royal Bank Of Canada lifted their price objective on Cameco from $150.00 to $160.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th. Raymond James Financial reissued an “outperform” rating on shares of Cameco in a research note on Wednesday, January 14th. Zacks Research lowered Cameco from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 18th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $131.00 price target on shares of Cameco in a research note on Wednesday, February 4th. Finally, Weiss Ratings upgraded shares of Cameco from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, February 23rd. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $150.40.

Cameco Trading Down 0.8%

Shares of NYSE CCJ opened at $103.84 on Thursday. Cameco has a fifty-two week low of $35.00 and a fifty-two week high of $135.24. The firm has a market capitalization of $45.23 billion, a P/E ratio of 107.05 and a beta of 0.98. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.47 and a quick ratio of 1.68. The company’s 50 day simple moving average is $116.40 and its 200 day simple moving average is $99.74.

Cameco (NYSE:CCJ) (TSE:CCO) last released its earnings results on Friday, February 13th. The basic materials company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.07. The firm had revenue of $874.57 million during the quarter, compared to analyst estimates of $782.13 million. Cameco had a net margin of 17.00% and a return on equity of 9.35%. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.36 EPS. On average, analysts predict that Cameco will post 1.27 EPS for the current year.

Institutional Investors Weigh In On Cameco

Several large investors have recently modified their holdings of CCJ. Nisa Investment Advisors LLC acquired a new position in shares of Cameco in the 4th quarter valued at approximately $25,000. Financial Consulate Inc. bought a new stake in Cameco during the 3rd quarter worth approximately $25,000. Founders Capital Management acquired a new stake in Cameco during the 4th quarter worth approximately $27,000. Mcguire Capital Advisors Inc. bought a new position in Cameco in the fourth quarter valued at approximately $28,000. Finally, Caitong International Asset Management Co. Ltd lifted its stake in Cameco by 30,700.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 308 shares of the basic materials company’s stock valued at $28,000 after buying an additional 307 shares in the last quarter. 70.21% of the stock is currently owned by institutional investors.

Key Headlines Impacting Cameco

Here are the key news stories impacting Cameco this week:

• Positive Sentiment: Cameco cited as well-positioned for long-term nuclear expansion — analysts and investor writeups point to tightening uranium supply/demand fundamentals and strong long-term demand from global reactor builds, supporting a bullish structural outlook. Cameco (CCJ) Gains on Long-Term Nuclear Energy Expansion
• Positive Sentiment: Industry and company-level catalysts highlighted (supply deals and reactor technology exposure) that could lift long-term demand for uranium and benefit Cameco as a major producer. Global Demand for This Industrial Stock May Be About to Soar
• Neutral Sentiment: Unusually large call-option activity — traders bought roughly 384,705 call options (a ~1,490% jump over average), which signals speculative bullish positioning but is ambiguous for the stock’s near-term direction. This flow can amplify intraday moves but doesn’t guarantee sustained gains. Traders Purchase Large Volume of Cameco Call Options (NYSE:CCJ)
• Negative Sentiment: TD Securities downgraded Cameco from “strong-buy” to “hold”, reducing a major source of buy-side conviction and likely contributing to selling pressure. Zacks: TD Securities Downgrade
• Negative Sentiment: Shares recently pulled back more steeply than the market (near a ~4% decline on the latest session), reflecting profit-taking/rotation and reaction to the downgrade; that drop is the proximate cause of today’s weaker price action. Cameco (CCJ) Falls More Steeply Than Broader Market

Cameco Company Profile

Cameco Corporation (NYSE: CCJ) is a leading producer of uranium and a supplier to the global nuclear power industry. Headquartered in Saskatoon, Saskatchewan, Canada, the company is engaged in the exploration, mining, milling and sale of uranium concentrate, commonly known as yellowcake, which is used as fuel for nuclear reactors. Cameco also participates in services and activities that support the front end of the nuclear fuel cycle, including processing and marketing of uranium to utilities under long‑term and spot contracts.

The company’s operations have historically centered in Canada and the United States, where it operates and develops uranium mining and processing properties.