Weekly Research Analysts’ Ratings Changes for Cameco (CCJ)

A number of firms have modified their ratings and price targets on shares of Cameco (NYSE: CCJ) recently:

• 3/12/2025 – Cameco had its price target raised by analysts at Glj Research from $62.76 to $75.68. They now have a “buy” rating on the stock.
• 3/12/2025 – Cameco is now covered by analysts at Stifel Nicolaus. They set a “buy” rating on the stock.
• 3/11/2025 – Cameco was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 3/4/2025 – Cameco had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $90.00 price target on the stock.
• 2/21/2025 – Cameco was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.

Cameco Price Performance

Shares of NYSE CCJ traded up $0.90 during mid-day trading on Wednesday, hitting $42.63. 4,785,670 shares of the stock traded hands, compared to its average volume of 4,141,636. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26. The company has a market cap of $18.56 billion, a PE ratio of 152.23 and a beta of 1.04. Cameco Co. has a twelve month low of $35.43 and a twelve month high of $62.55. The firm has a 50 day simple moving average of $48.40 and a two-hundred day simple moving average of $50.01.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its earnings results on Thursday, February 20th. The basic materials company reported $0.26 EPS for the quarter, meeting the consensus estimate of $0.26. Cameco had a return on equity of 4.34% and a net margin of 5.39%. The business had revenue of $845.54 million for the quarter, compared to analysts’ expectations of $1.09 billion. As a group, equities research analysts forecast that Cameco Co. will post 1.27 EPS for the current fiscal year.

Institutional Trading of Cameco

Several large investors have recently made changes to their positions in CCJ. Janney Montgomery Scott LLC lifted its stake in Cameco by 700.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 46,218 shares of the basic materials company’s stock valued at $2,207,000 after acquiring an additional 40,442 shares in the last quarter. Old West Investment Management LLC raised its holdings in shares of Cameco by 10.4% in the third quarter. Old West Investment Management LLC now owns 282,072 shares of the basic materials company’s stock valued at $13,472,000 after purchasing an additional 26,584 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Cameco by 1,138.1% during the third quarter. Principal Financial Group Inc. now owns 267,431 shares of the basic materials company’s stock valued at $12,774,000 after purchasing an additional 245,831 shares in the last quarter. Patten & Patten Inc. TN purchased a new position in Cameco during the third quarter worth about $335,000. Finally, GSA Capital Partners LLP bought a new stake in Cameco in the 3rd quarter worth about $1,832,000. 70.21% of the stock is currently owned by institutional investors and hedge funds.

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.