As of close of business last night, Cameco Corp.’s stock clocked out at $49.86, up 4.57% from its previous closing price of $47.68. In other words, the price has increased by $+2.18 from its previous closing price. On the day, 7474145 shares were traded. CCJ stock price reached its highest trading level at $49.97 during the session, while it also had its lowest trading level at $47.74.
Ratios:
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 50.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.72. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.21.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on April 01, 2024, initiated with a Buy rating and assigned the stock a target price of $55.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCJ now has a Market Capitalization of 20.77B and an Enterprise Value of 21.67B. As of this moment, Cameco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 81.06, and their Forward P/E ratio for the next fiscal year is 29.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.30 while its Price-to-Book (P/B) ratio in mrq is 4.68. Its current Enterprise Value per Revenue stands at 8.37 whereas that against EBITDA is 27.10.
Stock Price History:
Over the past 52 weeks, CCJ has reached a high of $51.33, while it has fallen to a 52-week low of $24.64. The 50-Day Moving Average of the stock is 43.46, while the 200-Day Moving Average is calculated to be 40.40.
Shares Statistics:
It appears that CCJ traded 5.30M shares on average per day over the past three months and 4.15M shares per day over the past ten days. A total of 434.18M shares are outstanding, with a floating share count of 433.02M. Insiders hold about 0.27% of the company’s shares, while institutions hold 76.27% stake in the company. Shares short for CCJ as of Mar 15, 2024 were 21.8M with a Short Ratio of 4.11, compared to 16.65M on Feb 15, 2024.
Dividends & Splits
With its trailing 12-month dividend rate of 0.12, CCJ has a forward annual dividend rate of 0.09. Against a Trailing Annual Dividend Yield of 0.25%, it implies a Forward Annual Dividend Yield of 0.19%. The stock’s 5-year Average Dividend Yield is 0.41. The current Payout Ratio is 14.41% for CCJ, which recently paid a dividend on Dec 15, 2023 with an ex-dividend date of Nov 29, 2023. Stock splits for the company last occurred on Feb 23, 2006 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.26 for the current quarter, with a high estimate of $0.52 and a low estimate of $0.15, while EPS last year was $0.2. The consensus estimate for the next quarter is $0.25, with high estimates of $0.54 and low estimates of $0.12.
Analysts are recommending an EPS of between $2.17 and $0.6 for the fiscal current year, implying an average EPS of $1.07. EPS for the following year is $1.34, with 9 analysts recommending between $2.04 and $0.85.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $555.06M. It ranges from a high estimate of $608.59M to a low estimate of $501.53M. As of the current estimate, Cameco Corp.’s year-ago sales were $531.53M, an estimated increase of 4.40% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $549.87M, an increase of 57.40% over than the figure of $4.40% in the same quarter last year. There is a high estimate of $590.12M for the next quarter, whereas the lowest estimate is $509.62M.
A total of 7 analysts have provided revenue estimates for CCJ’s current fiscal year. The highest revenue estimate was $2.42B, while the lowest revenue estimate was $2.05B, resulting in an average revenue estimate of $2.2B. In the same quarter a year ago, actual revenue was $1.91B, up 15.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $2.3B in the next fiscal year. The high estimate is $2.67B and the low estimate is $2.12B. The average revenue growth estimate for next year is up 4.80% from the average revenue estimate for this year.
