Cameco FY2025 EPS Forecast Lifted by National Bank Financial

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Equities research analysts at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for Cameco in a note issued to investors on Wednesday, February 12th. National Bank Financial analyst M. Sidibe now anticipates that the basic materials company will post earnings per share of $1.12 for the year, up from their previous forecast of $1.07. The consensus estimate for Cameco’s current full-year earnings is $0.44 per share. National Bank Financial also issued estimates for Cameco’s FY2026 earnings at $1.30 EPS and FY2027 earnings at $1.58 EPS.

Cameco Price Performance

Cameco stock opened at $47.87 on Monday. The stock has a market capitalization of $20.84 billion, a price-to-earnings ratio of 251.93 and a beta of 0.94. Cameco has a 52-week low of $35.43 and a 52-week high of $62.55. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88. The stock’s 50 day moving average price is $51.59 and its two-hundred day moving average price is $49.59.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Dantai Capital Ltd raised its holdings in shares of Cameco by 44.2% during the third quarter. Dantai Capital Ltd now owns 57,260 shares of the basic materials company’s stock valued at $2,735,000 after purchasing an additional 17,560 shares during the period. Roberts Wealth Advisors LLC bought a new stake in Cameco in the 4th quarter valued at about $895,000. Whalen Wealth Management Inc. acquired a new position in Cameco during the 4th quarter worth approximately $445,000. iA Global Asset Management Inc. bought a new position in Cameco in the third quarter worth approximately $5,305,000. Finally, Telemark Asset Management LLC grew its stake in Cameco by 8.3% in the third quarter. Telemark Asset Management LLC now owns 1,300,000 shares of the basic materials company’s stock valued at $62,088,000 after acquiring an additional 100,000 shares during the period. 70.21% of the stock is owned by institutional investors.

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.