Cameco (CCJ) to Release Quarterly Earnings on Wednesday

Cameco (NYSE:CCJ) (TSE:CCO) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, July 31st. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its quarterly earnings data on Tuesday, April 30th. The basic materials company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.23). The firm had revenue of $470.29 million for the quarter. Cameco had a return on equity of 4.60% and a net margin of 9.28%. On average, analysts expect Cameco to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Cameco Trading Down 1.2 %

Shares of CCJ stock opened at $44.63 on Tuesday. The firm has a market capitalization of $19.42 billion, a P/E ratio of 114.44 and a beta of 0.91. Cameco has a twelve month low of $31.58 and a twelve month high of $56.24. The company has a quick ratio of 0.69, a current ratio of 1.42 and a debt-to-equity ratio of 0.17. The stock’s fifty day simple moving average is $51.11 and its 200 day simple moving average is $47.81.

Analyst Upgrades and Downgrades

CCJ has been the topic of a number of research reports. The Goldman Sachs Group boosted their price objective on Cameco from $56.00 to $62.00 and gave the stock a “buy” rating in a research report on Friday, June 7th. StockNews.com lowered Cameco from a “hold” rating to a “sell” rating in a research report on Thursday, April 4th. Finally, Bank of America boosted their price objective on Cameco from $59.00 to $60.50 and gave the stock a “buy” rating in a research report on Wednesday, June 26th. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Cameco has a consensus rating of “Moderate Buy” and an average target price of $63.70.

Cameco Company Profile

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.