Cameco Corporation (NYSE:CCJ) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Cameco Corporation (NYSE:CCJ) (TSE:CCO) have been assigned a consensus rating of “Moderate Buy” from the fifteen research firms that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $150.40.

CCJ has been the subject of a number of recent research reports. Sanford C. Bernstein reissued an “outperform” rating and set a $147.00 price target on shares of Cameco in a research report on Thursday, February 5th. Raymond James Financial restated an “outperform” rating on shares of Cameco in a report on Wednesday, January 14th. Weiss Ratings raised shares of Cameco from a “hold (c)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. Zacks Research lowered shares of Cameco from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 18th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $131.00 price target on shares of Cameco in a research report on Wednesday, February 4th.

Cameco Price Performance

CCJ opened at $103.84 on Friday. The stock has a fifty day simple moving average of $116.40 and a two-hundred day simple moving average of $99.74. The company has a current ratio of 2.47, a quick ratio of 1.68 and a debt-to-equity ratio of 0.14. The company has a market cap of $45.23 billion, a price-to-earnings ratio of 107.05 and a beta of 0.98. Cameco has a 12-month low of $35.00 and a 12-month high of $135.24.

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

More Cameco News

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

Institutional Investors Weigh In On Cameco

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in shares of Cameco by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 18,059,335 shares of the basic materials company’s stock worth $1,653,639,000 after acquiring an additional 258,193 shares during the last quarter. Capital World Investors raised its position in shares of Cameco by 0.3% in the 4th quarter. Capital World Investors now owns 13,545,354 shares of the basic materials company’s stock worth $1,240,047,000 after purchasing an additional 41,430 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Cameco by 0.7% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,973,799 shares of the basic materials company’s stock worth $1,089,080,000 after purchasing an additional 85,762 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in Cameco by 41.4% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,076,815 shares of the basic materials company’s stock worth $524,988,000 after purchasing an additional 2,071,373 shares in the last quarter. Finally, Van ECK Associates Corp boosted its stake in Cameco by 15.6% in the 4th quarter. Van ECK Associates Corp now owns 6,292,995 shares of the basic materials company’s stock worth $575,771,000 after purchasing an additional 849,188 shares in the last quarter. 70.21% of the stock is owned by institutional investors.

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.