Cameco (NYSE:CCJ) Cut to Hold at TD Securities

TD Securities cut shares of Cameco (NYSE:CCJ) (TSE:CCO) from a strong-buy rating to a hold rating in a research note issued to investors on Thursday morning,Zacks.com reports.

Several other research analysts have also weighed in on the company. Royal Bank Of Canada increased their target price on Cameco from $150.00 to $160.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Glj Research reissued a “buy” rating and set a $171.20 price target (up from $100.00) on shares of Cameco in a research report on Wednesday, February 18th. Weiss Ratings upgraded Cameco from a “hold (c)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. The Goldman Sachs Group restated a “buy” rating and issued a $131.00 price objective on shares of Cameco in a report on Wednesday, February 4th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $147.00 price objective on shares of Cameco in a research note on Thursday, February 5th. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Cameco has a consensus rating of “Moderate Buy” and a consensus price target of $150.40.

Cameco Stock Performance

Shares of CCJ stock opened at $103.84 on Thursday. Cameco has a one year low of $35.00 and a one year 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 50 day moving average price of $116.40 and a 200 day moving average price of $99.89. The firm has a market capitalization of $45.22 billion, a price-to-earnings ratio of 107.05 and a beta of 0.98.

Cameco (NYSE:CCJ) (TSE:CCO) last posted its quarterly earnings results on Friday, February 13th. The basic materials company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $782.13 million. During the same quarter last year, the firm posted $0.36 earnings per share. Cameco’s revenue was up 1.5% on a year-over-year basis. Sell-side analysts anticipate that Cameco will post 1.27 EPS for the current year.

Institutional Trading of Cameco

A number of institutional investors have recently added to or reduced their stakes in the business. Financial Consulate Inc. purchased a new position in Cameco in the third quarter valued at about $25,000. Nisa Investment Advisors LLC purchased a new stake in shares of Cameco in the fourth quarter worth about $25,000. Founders Capital Management acquired a new stake in shares of Cameco in the fourth quarter valued at about $27,000. Strategic Advocates LLC acquired a new stake in shares of Cameco in the third quarter valued at about $28,000. Finally, Mcguire Capital Advisors Inc. purchased a new stake in shares of Cameco during the 4th quarter valued at about $28,000. 70.21% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Cameco

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

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.