News coverage about Cameco (NYSE:CCJ) (TSE:CCO) has been trending somewhat positive on Tuesday, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cameco earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 46.3516425964559 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:

Cameco (NYSE:CCJ) traded down $0.20 during trading hours on Tuesday, hitting $9.36. 3,492,200 shares of the stock traded hands, compared to its average volume of 2,350,000. The company has a market cap of $3,700.00, a price-to-earnings ratio of -15.86 and a beta of 1.31. The company has a quick ratio of 2.16, a current ratio of 5.40 and a debt-to-equity ratio of 0.30. Cameco has a 12 month low of $7.68 and a 12 month high of $13.36.

Cameco (NYSE:CCJ) (TSE:CCO) last released its quarterly earnings data on Friday, October 27th. The basic materials company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.20). The company had revenue of $486.00 million during the quarter, compared to the consensus estimate of $486.84 million. Cameco had a negative net margin of 13.04% and a negative return on equity of 0.69%. The business’s revenue was down 27.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.30 EPS. equities research analysts anticipate that Cameco will post 0.05 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be paid a $0.078 dividend. The ex-dividend date is Thursday, December 28th. This represents a $0.31 annualized dividend and a dividend yield of 3.33%. Cameco’s dividend payout ratio is currently -52.54%.

Several research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Cameco from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 27th. TheStreet lowered shares of Cameco from a “c” rating to a “d+” rating in a report on Friday, October 27th. Royal Bank of Canada lowered their price target on shares of Cameco from $17.00 to $16.00 and set an “outperform” rating for the company in a report on Friday, October 20th. Bank of America lifted their price objective on shares of Cameco from $27.00 to $29.00 and gave the company an “underperform” rating in a research note on Wednesday, October 4th. Finally, Scotiabank lowered shares of Cameco from a “sector perform” rating to an “underperform” rating in a research note on Tuesday, October 3rd. Three analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. Cameco has a consensus rating of “Hold” and a consensus price target of $18.33.

COPYRIGHT VIOLATION NOTICE: “Cameco (CCJ) Earning Somewhat Positive Media Coverage, Analysis Shows” was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this story on another website, it was illegally stolen and reposted in violation of United States and international copyright law. The correct version of this story can be accessed at https://www.watchlistnews.com/cameco-ccj-earning-somewhat-positive-media-coverage-analysis-shows/1800497.html.

About Cameco

Cameco Corporation (Cameco) is a uranium producer. The Company is primarily engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: uranium, fuel services and NUKEM.

Insider Buying and Selling by Quarter for Cameco (NYSE:CCJ)

Receive News & Ratings for Cameco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cameco and related companies with MarketBeat.com's FREE daily email newsletter.