As of close of business last night, Cameco Corporation’s stock clocked out at $26.87, up 2.17% from its previous closing price of $26.30. In other words, the price has increased by $+0.57 from its previous closing price. On the day, 3548500 shares were traded. CCJ stock price reached its highest trading level at $26.87 during the session, while it also had its lowest trading level at $26.11.
To gain a deeper understanding of CCJ’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 107.88. For the most recent quarter (mrq), Quick Ratio is recorded 4.00 and its Current Ratio is at 5.10. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.20.
Upgrades & Downgrades
BofA Securities Upgraded its Neutral to Buy on November 03, 2021, while the target price for the stock was maintained at $32.
As of this moment, Cameco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 124.98, and their Forward P/E ratio for the next fiscal year is 32.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.31 while its Price-to-Book (P/B) ratio in mrq is 2.95.
Stock Price History:
Over the past 52 weeks, CCJ has reached a high of $32.49, while it has fallen to a 52-week low of $18.03. The 50-Day Moving Average of the stock is 23.48, while the 200-Day Moving Average is calculated to be 24.73.
It appears that CCJ traded 4.68M shares on average per day over the past three months and 4.16M shares per day over the past ten days. A total of 432.50M shares are outstanding, with a floating share count of 431.58M. Insiders hold about 0.20% of the company’s shares, while institutions hold 70.10% stake in the company. Shares short for CCJ as of Oct 13, 2022 were 16.89M with a Short Ratio of 17.22M, compared to 16.04M on Sep 14, 2022.
Dividends & Splits
With its trailing 12-month dividend rate of 0.08, CCJ has a forward annual dividend rate of 0.09. Against a Trailing Annual Dividend Yield of 0.30%, it implies a Forward Annual Dividend Yield of 0.39%. The stock’s 5-year Average Dividend Yield is 0.96. The current Payout Ratio is 37.10% for CCJ, which recently paid a dividend on Dec 14, 2022 with an ex-dividend date of Nov 28, 2022. Stock splits for the company last occurred on Feb 22, 2006 when the company split stock in a 2:1 ratio.
As of right now, 5 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.1 and a low estimate of $0.04, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.16, with high estimates of $0.37 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.52 and $0.07 for the fiscal current year, implying an average EPS of $0.24. EPS for the following year is $0.86, with 10 analysts recommending between $2.34 and $0.15.
In the current quarter, 1 analysts expect revenue to total $358.48M. It ranges from a high estimate of $358.48M to a low estimate of $358.48M. As of the current estimate, Cameco Corporation’s year-ago sales were $367.76M, an estimated decrease of -2.50% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $421.21M, an increase of 36.40% over than the figure of -$2.50% in the same quarter last year. There is a high estimate of $421.21M for the next quarter, whereas the lowest estimate is $421.21M.
A total of 7 analysts have provided revenue estimates for CCJ’s current fiscal year. The highest revenue estimate was $1.4B, while the lowest revenue estimate was $1.33B, resulting in an average revenue estimate of $1.36B. In the same quarter a year ago, actual revenue was $1.17B, up 16.80% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $1.83B in the next fiscal year. The high estimate is $3.19B and the low estimate is $1.49B. The average revenue growth estimate for next year is up 34.40% from the average revenue estimate for this year.