Cameco Corporation (NYSE:CCJ) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Cameco Corporation (NYSE:CCJ) (TSE:CCO) have been assigned an average recommendation of “Moderate Buy” from the fifteen ratings firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $150.40.

A number of analysts have commented on the company. Zacks Research lowered Cameco from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 18th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $147.00 price target on shares of Cameco in a report on Thursday, February 5th. Canadian Imperial Bank of Commerce increased their price objective on Cameco to $202.00 in a research report on Monday, March 9th. Glj Research reiterated a “buy” rating and issued a $171.20 price objective (up from $100.00) on shares of Cameco in a report on Wednesday, February 18th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $131.00 target price on shares of Cameco in a research report on Wednesday, February 4th.

Cameco Trading Down 0.8%

Shares of NYSE CCJ opened at $103.84 on Friday. The firm’s 50 day moving average price is $116.40 and its 200-day moving average price is $99.74. Cameco has a 52-week low of $35.00 and a 52-week high of $135.24. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.68 and a current ratio of 2.47. The company has a market cap of $45.23 billion, a PE ratio of 107.05 and a beta of 0.98.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its quarterly earnings results on Friday, February 13th. The basic materials company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.07. Cameco had a net margin of 17.00% and a return on equity of 9.35%. The company had revenue of $874.57 million during the quarter, compared to the consensus estimate of $782.13 million. During the same quarter last year, the firm earned $0.36 earnings per share. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. On average, equities research analysts expect that Cameco will post 1.27 EPS 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 Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CCJ. McAlvany Wealth Management LLC bought a new stake in Cameco in the 4th quarter worth approximately $812,000. Purpose Unlimited Inc. purchased a new stake in Cameco during the 4th quarter valued at $6,436,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Cameco by 6.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 154,926 shares of the basic materials company’s stock valued at $14,174,000 after buying an additional 9,826 shares during the period. World Investment Advisors bought a new position in shares of Cameco during the 4th quarter valued at $455,000. Finally, ARP Global Capital Ltd purchased a new position in shares of Cameco in the 4th quarter worth $14,438,000. Institutional investors own 70.21% of the company’s stock.

About Cameco

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.