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Cameco (CCJ) Stock Dips While Market Gains: Key Facts
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In the latest close session, Cameco (CCJ - Free Report) was down 2.13% at $120.43. The stock trailed the S&P 500, which registered a daily gain of 0.29%. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq appreciated by 0.89%.
Heading into today, shares of the uranium producer had gained 9.3% over the past month, outpacing the Oils-Energy sector's gain of 1.35% and lagging the S&P 500's gain of 10.54%.
The upcoming earnings release of Cameco will be of great interest to investors. The company's earnings report is expected on May 5, 2026. The company's upcoming EPS is projected at $0.29, signifying a 163.64% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $494.94 million, showing a 9.94% drop compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.2 per share and a revenue of $2.44 billion, representing changes of +16.5% and -1.92%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Cameco. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 14.28% lower. At present, Cameco boasts a Zacks Rank of #3 (Hold).
Investors should also note Cameco's current valuation metrics, including its Forward P/E ratio of 102.96. This expresses a premium compared to the average Forward P/E of 18.56 of its industry.
One should further note that CCJ currently holds a PEG ratio of 2.28. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Alternative Energy - Other industry held an average PEG ratio of 2.45.
The Alternative Energy - Other industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 70, placing it within the top 29% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Cameco (CCJ) Stock Dips While Market Gains: Key Facts
In the latest close session, Cameco (CCJ - Free Report) was down 2.13% at $120.43. The stock trailed the S&P 500, which registered a daily gain of 0.29%. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq appreciated by 0.89%.
Heading into today, shares of the uranium producer had gained 9.3% over the past month, outpacing the Oils-Energy sector's gain of 1.35% and lagging the S&P 500's gain of 10.54%.
The upcoming earnings release of Cameco will be of great interest to investors. The company's earnings report is expected on May 5, 2026. The company's upcoming EPS is projected at $0.29, signifying a 163.64% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $494.94 million, showing a 9.94% drop compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.2 per share and a revenue of $2.44 billion, representing changes of +16.5% and -1.92%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Cameco. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 14.28% lower. At present, Cameco boasts a Zacks Rank of #3 (Hold).
Investors should also note Cameco's current valuation metrics, including its Forward P/E ratio of 102.96. This expresses a premium compared to the average Forward P/E of 18.56 of its industry.
One should further note that CCJ currently holds a PEG ratio of 2.28. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Alternative Energy - Other industry held an average PEG ratio of 2.45.
The Alternative Energy - Other industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 70, placing it within the top 29% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.