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TSE:CCO

Cameco (CCO) Stock Price, News & Analysis

C$66.15
-0.52 (-0.78%)
(As of 03:27 PM ET)
Today's Range
C$65.92
C$67.76
50-Day Range
C$53.31
C$69.03
52-Week Range
C$33.83
C$72.37
Volume
496,631 shs
Average Volume
1.43 million shs
Market Capitalization
C$28.72 billion
P/E Ratio
79.70
Dividend Yield
0.18%
Price Target
C$72.67

Cameco MarketRank™ Stock Analysis

Analyst Rating
Buy
3.14 Rating Score
Upside/​Downside
10.1% Upside
C$72.67 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.53mentions of Cameco in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
C$6.10 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.90 out of 5 stars

CCO stock logo

About Cameco Stock (TSE:CCO)

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. This segment also produces CANDU reactor fuel bundles and other reactor components. The company offers nuclear fuel processing services. The Westinghouse segment engages in the manufacture of nuclear reactor technology original equipment. This segment provides products and services to commercial utilities and government agencies; and outage and maintenance services, engineering support, instrumentation and controls equipment, plant modification, and components and parts to nuclear reactors. It sells its uranium and fuel services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.

CCO Stock Price History

CCO Stock News Headlines

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Where to Invest $10,000 in April 2024
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
CCJ Apr 2024 44.000 call
Uranium's Golden Age: Positioning With Cameco
Stocks in play: Cameco
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
4/18/2024
Next Earnings (Estimated)
4/26/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Uranium
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
4,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$72.67
High Stock Price Target
C$80.00
Low Stock Price Target
C$56.00
Potential Upside/Downside
+8.6%
Consensus Rating
Buy
Rating Score (0-4)
3.14
Research Coverage
7 Analysts

Profitability

Net Income
C$360.85 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.59 billion
Cash Flow
C$7.04 per share
Book Value
C$14.04 per share

Miscellaneous

Free Float
N/A
Market Cap
C$29.06 billion
Optionable
Not Optionable
Beta
0.94
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Key Executives

  • Mr. Timothy S. Gitzel (Age 61)
    President, CEO & Director
    Comp: $2.81M
  • Dr. Grant E. Isaac
    Executive VP & CFO
  • Mr. Brian Arthur Reilly B.Sc.
    M.B.A., M.Sc., P.Geo., Senior VP & COO
  • Mr. Sean Anthony Quinn
    Senior VP, Chief Legal Officer & Corporate Secretary
  • Ms. Alice Louise Wong Icd.D (Age 64)
    Senior VP & Chief Corporate Officer
    Comp: $903.3k
  • Mr. C. Scott Bishop P. Eng.
    Director of Technical Services
  • Ms. Rachelle Girard
    Director of Investor Relations
  • Mr. Scott McHardy
    Director of North American Exploration & VP of Exploration
  • Ms. Heidi Shockey
    Senior VP & Deputy CFO
  • Alain D. Renaud P.Geo.
    Chief Geologist of Technical Services

Should I Buy Cameco Stock? CCO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Cameco Co.:

  • Cameco Corporation provides uranium for the generation of electricity, a crucial component in the energy sector.
  • The company operates through various segments, including Uranium, Fuel Services, and Westinghouse, diversifying its revenue streams.
  • Recent insider selling activities indicate confidence in the company's performance and future prospects.
  • Cameco's stock price has shown resilience and potential for growth, making it an attractive investment opportunity.
  • The company offers nuclear fuel processing services, catering to a specialized market with long-term demand.

Cons

Investors should be bearish about investing in Cameco Co. for these reasons:

  • The uranium industry can be volatile, subject to geopolitical factors and regulatory changes that may impact profitability.
  • Cameco's financial performance may be influenced by fluctuations in uranium prices, affecting its revenue and margins.
  • Environmental concerns surrounding uranium mining and nuclear energy could pose risks to the company's operations and reputation.
  • Global energy trends shifting towards renewable sources may impact the long-term demand for uranium-based energy generation.
  • Investing in uranium-related companies requires understanding the complexities of the nuclear energy sector and its associated risks.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Cameco pros and cons to contact@marketbeat.com.

CCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Cameco stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last twelve months. There are currently 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CCO shares.
View CCO analyst ratings
or view top-rated stocks.

What is Cameco's stock price target for 2024?

7 equities research analysts have issued 12 month price objectives for Cameco's stock. Their CCO share price targets range from C$56.00 to C$80.00. On average, they predict the company's share price to reach C$72.67 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price.
View analysts price targets for CCO
or view top-rated stocks among Wall Street analysts.

How have CCO shares performed in 2024?

Cameco's stock was trading at C$57.13 at the start of the year. Since then, CCO stock has increased by 15.6% and is now trading at C$66.03.
View the best growth stocks for 2024 here
.

When is Cameco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our CCO earnings forecast
.

How were Cameco's earnings last quarter?

Cameco Co. (TSE:CCO) released its earnings results on Thursday, February, 8th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.28 by $0.07. The business had revenue of $844 million for the quarter. Cameco had a trailing twelve-month return on equity of 6.05% and a net margin of 13.94%.

How often does Cameco pay dividends? What is the dividend yield for Cameco?

Cameco declared an annual dividend on Tuesday, October 31st. Investors of record on Thursday, November 30th will be given a dividend of 0.12 per share on Friday, December 15th. This represents a dividend yield of 0.21%. The ex-dividend date is Wednesday, November 29th.
Read our dividend analysis for CCO
.

Is Cameco a good dividend stock?

Cameco (TSE:CCO) pays an annual dividend of C$0.12 per share and currently has a dividend yield of 0.18%. The dividend payout ratio is 14.46%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CCO.

What other stocks do shareholders of Cameco own?
How do I buy shares of Cameco?

Shares of CCO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CCO) was last updated on 4/18/2024 by MarketBeat.com Staff

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