Scotiabank Has Positive Outlook for Cameco FY2025 Earnings

Cameco Co. ( NYSE:CCJ – Free Report ) (TSE:CCO) – Equities researchers at Scotiabank upped their FY2025 earnings estimates for Cameco in a note issued to investors on Sunday, April 13th. Scotiabank analyst O.

Wowkodaw now anticipates that the basic materials company will post earnings of $0.87 per share for the year, up from their previous forecast of $0.86.



The consensus estimate for Cameco’s current full-year earnings is $1.27 per share. Scotiabank also issued estimates for Cameco’s FY2026 earnings at $1.

23 EPS. Cameco ( NYSE:CCJ – Get Free Report ) (TSE:CCO) last released its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.

26 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.26. The business had revenue of $845.

54 million during the quarter, compared to analyst estimates of $1.09 billion. Cameco had a net margin of 5.

39% and a return on equity of 4.34%. Check Out Our Latest Research Report on CCJ Cameco Price Performance Shares of NYSE CCJ opened at $41.

31 on Wednesday. The stock has a fifty day moving average of $43.03 and a 200-day moving average of $49.

84. The stock has a market cap of $17.98 billion, a PE ratio of 147.

54 and a beta of 1.04. The company has a debt-to-equity ratio of 0.

20, a quick ratio of 1.26 and a current ratio of 2.88.

Cameco has a fifty-two week low of $35.00 and a fifty-two week high of $62.55.

Hedge Funds Weigh In On Cameco Large investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio purchased a new position in shares of Cameco during the third quarter worth approximately $1,768,000. Geode Capital Management LLC grew its holdings in shares of Cameco by 10.

2% during the 3rd quarter. Geode Capital Management LLC now owns 1,911,614 shares of the basic materials company’s stock valued at $91,558,000 after purchasing an additional 177,551 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in Cameco by 97.

6% in the third quarter. Sanctuary Advisors LLC now owns 13,969 shares of the basic materials company’s stock worth $667,000 after purchasing an additional 6,901 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Cameco during the third quarter valued at about $38,000.

Finally, Tidal Investments LLC grew its stake in shares of Cameco by 9.2% during the third quarter. Tidal Investments LLC now owns 25,396 shares of the basic materials company’s stock valued at $1,213,000 after buying an additional 2,142 shares during the last quarter.

70.21% of the stock is owned by hedge funds and other institutional investors. Cameco Company Profile ( Get Free Report ) 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.

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