Raymond James Financial Predicts Lower Earnings for Cameco

Cameco Corporation (NYSE:CCJ) (TSE:CCO) – Analysts at Raymond James Financial lowered their Q4 2025 earnings per share (EPS) estimates for shares of Cameco in a note issued to investors on Thursday, October 9th. Raymond James Financial analyst B. Macarthur now anticipates that the basic materials company will earn $0.32 per share for the quarter, down from their previous estimate of $0.33. Raymond James Financial has a “Outperform” rating on the stock. The consensus estimate for Cameco’s current full-year earnings is $1.27 per share.

Cameco (NYSE:CCJ) (TSE:CCO) last posted its quarterly earnings data on Thursday, July 31st. The basic materials company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.29 by $0.22. Cameco had a return on equity of 8.21% and a net margin of 14.97%.The firm had revenue of $467.72 million during the quarter, compared to the consensus estimate of $819.79 million. During the same period in the prior year, the company earned $0.14 EPS. The firm’s revenue was up 46.7% compared to the same quarter last year. Cameco has set its FY 2025 guidance at EPS.

CCJ has been the subject of a number of other reports. President Capital raised Cameco from a “neutral” rating to a “buy” rating in a research note on Monday, September 22nd. TD Securities reaffirmed a “buy” rating on shares of Cameco in a research note on Tuesday, August 5th. CLSA started coverage on Cameco in a research note on Tuesday, September 9th. They issued an “outperform” rating and a $102.00 target price for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cameco in a research note on Wednesday, October 8th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Cameco in a research note on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $89.55.

Cameco Stock Up 6.3%

NYSE CCJ opened at $92.09 on Monday. The business has a fifty day moving average price of $80.01 and a 200 day moving average price of $66.32. Cameco has a one year low of $35.00 and a one year high of $94.36. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.00 and a current ratio of 2.96. The company has a market cap of $40.09 billion, a P/E ratio of 105.85 and a beta of 0.99.

Hedge Funds Weigh In On Cameco

A number of hedge funds have recently modified their holdings of the business. Sound Income Strategies LLC grew its holdings in shares of Cameco by 146.9% during the 3rd quarter. Sound Income Strategies LLC now owns 1,037 shares of the basic materials company’s stock worth $90,000 after purchasing an additional 617 shares during the period. Congress Asset Management Co. boosted its holdings in Cameco by 11.3% during the 3rd quarter. Congress Asset Management Co. now owns 77,328 shares of the basic materials company’s stock valued at $6,485,000 after acquiring an additional 7,837 shares during the period. Dynamic Advisor Solutions LLC boosted its holdings in Cameco by 3.7% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 4,967 shares of the basic materials company’s stock valued at $417,000 after acquiring an additional 177 shares during the period. Ausbil Investment Management Ltd boosted its holdings in Cameco by 18.2% during the 3rd quarter. Ausbil Investment Management Ltd now owns 13,000 shares of the basic materials company’s stock valued at $1,085,000 after acquiring an additional 2,000 shares during the period. Finally, Sheets Smith Investment Management boosted its holdings in Cameco by 2.5% during the 3rd quarter. Sheets Smith Investment Management now owns 23,229 shares of the basic materials company’s stock valued at $1,948,000 after acquiring an additional 575 shares during the period. 70.21% of the stock is currently owned by hedge funds and other institutional investors.

About Cameco

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.