Cameco (NYSE:CCJ) Downgraded to Hold Rating by TD Securities

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

Other equities analysts also recently issued reports about the stock. Glj Research reaffirmed a “buy” rating and set a $171.20 price objective (up from $100.00) on shares of Cameco in a report on Wednesday, February 18th. Royal Bank Of Canada upped their price target on shares of Cameco from $150.00 to $160.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $147.00 price target on shares of Cameco in a research note on Thursday, February 5th. Zacks Research cut Cameco from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 18th. Finally, Weiss Ratings upgraded Cameco from a “hold (c)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. Twelve analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $150.40.

Cameco Trading Down 4.1%

Shares of CCJ stock opened at $104.60 on Thursday. Cameco has a 1-year low of $35.00 and a 1-year high of $135.24. The company has a market cap of $45.56 billion, a price-to-earnings ratio of 107.84 and a beta of 0.98. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.47 and a quick ratio of 1.68. The stock has a 50 day simple moving average of $116.66 and a 200-day simple moving average of $99.55.

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

Institutional Trading of Cameco

Hedge funds and other institutional investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC acquired a new position in shares of Cameco during the 4th quarter valued at about $25,000. Financial Consulate Inc. purchased a new stake in shares of Cameco in the third quarter valued at about $25,000. Founders Capital Management acquired a new stake in Cameco during the fourth quarter worth about $27,000. Mcguire Capital Advisors Inc. acquired a new stake in Cameco during the fourth quarter worth about $28,000. Finally, Caitong International Asset Management Co. Ltd raised its stake in Cameco by 30,700.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 308 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 307 shares during the period. 70.21% of the stock is owned by institutional investors and hedge funds.

Cameco News Summary

Here are the key news stories impacting Cameco this week:

• Positive Sentiment: Unusually large call-option buying suggests near-term bullish bets or hedging: traders purchased a very large volume of CCJ call options (reported 384,705 contracts, roughly +1,490% vs. average), indicating speculative or institutional interest that can support upside if positions are followed through. Traders Purchase Large Volume of Cameco Call Options
• Positive Sentiment: Multiple industry write-ups highlight long-term nuclear demand drivers and tightening uranium supply — Cameco’s contracts, India supply deal and participation in reactor supply chains (AP1000) support a bullish multi-year outlook that underpins valuation beyond short-term volatility. Global Demand for This Industrial Stock May Be About to Soar Cameco Gains on Long-Term Nuclear Energy Expansion (Yahoo) Cameco Gains on Long-Term Nuclear Energy Expansion (InsiderMonkey)
• Positive Sentiment: Relative analyst comparisons favor CCJ vs. peers on earnings visibility and contract coverage, which can attract longer-term investor interest despite near-term weakness. Cameco vs. Uranium Energy: Which Uranium Stock is the Better Buy?
• Negative Sentiment: TD Securities downgraded CCJ from “strong-buy” to “hold,” a clear near-term headwind that can prompt selling from momentum and model-driven funds. Zacks: TD Securities Downgrade
• Negative Sentiment: Market coverage notes the stock has fallen more sharply than the broader market in the latest session, reflecting the downgrade and profit-taking after recent gains; near-term technical pressure (shares below recent short-term moving averages) may prolong weakness. Cameco Falls More Steeply Than Broader Market (Yahoo) Cameco Falls More Steeply Than Broader Market (Zacks)

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.