Equities Analysts Offer Predictions for Cameco Co.’s FY2022 Earnings (TSE:CCO)


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Cameco Co. (TSE:CCO) (NYSE:CCJ) – Equities research analysts at Raymond James issued their FY2022 earnings per share estimates for shares of Cameco in a note issued to investors on Monday, April 5th. Raymond James analyst B. Macarthur expects that the company will post earnings of $0.81 per share for the year. Raymond James currently has a “Outperform” rating and a $22.00 target price on the stock.

Cameco (TSE:CCO) (NYSE:CCJ) last posted its earnings results on Wednesday, February 10th. The company reported C$0.12 earnings per share for the quarter, beating the Zacks’ consensus estimate of C($0.01) by C$0.13. The business had revenue of C$550.00 million during the quarter.

A number of other equities analysts have also commented on the stock. Bank of America lowered shares of Cameco from a “buy” rating to a “neutral” rating and boosted their price target for the company from C$21.00 to C$22.75 in a research report on Friday, February 12th. Cfra boosted their price target on shares of Cameco from C$13.00 to C$18.00 in a research report on Friday, February 12th. BMO Capital Markets boosted their price target on shares of Cameco from C$18.50 to C$23.00 in a research report on Friday, February 12th. TD Securities boosted their price target on shares of Cameco from C$18.00 to C$20.00 and gave the company a “hold” rating in a research report on Friday, February 12th. Finally, Eight Capital boosted their price target on shares of Cameco from C$20.00 to C$22.00 and gave the company a “strong-buy” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of C$20.72.

TSE CCO opened at C$21.86 on Thursday. The stock has a market cap of C$8.68 billion and a P/E ratio of -163.13. Cameco has a twelve month low of C$11.84 and a twelve month high of C$24.57. The company has a quick ratio of 3.82, a current ratio of 6.40 and a debt-to-equity ratio of 20.36. The company’s 50-day simple moving average is C$21.17 and its 200 day simple moving average is C$16.56.

Cameco Company Profile

Cameco Corporation produces and sells uranium. The company operates in two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate. Its operating uranium property is the Cigar Lake property located in Saskatchewan, Canada.

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Earnings History and Estimates for Cameco (TSE:CCO)

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