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Cameco (CCJ - Free Report) ended the recent trading session at $82.02, demonstrating a +1.88% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.58%. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.05%.
The uranium producer's stock has dropped by 14.89% in the past month, falling short of the Oils-Energy sector's gain of 6.29% and the S&P 500's gain of 0.97%.
Analysts and investors alike will be keeping a close eye on the performance of Cameco in its upcoming earnings disclosure. The company's earnings report is set to go public on October 30, 2026. In that report, analysts expect Cameco to post earnings of $0.23 per share. This would mark year-over-year growth of 360%.
For the full year, the Zacks Consensus Estimates project earnings of $1.07 per share and a revenue of $2.44 billion, demonstrating changes of +3.88% and -2.09%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Cameco. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.32% lower. Currently, Cameco is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, Cameco is at present trading with a Forward P/E ratio of 75.24. This denotes a premium relative to the industry average Forward P/E of 16.79.
It's also important to note that CCJ currently trades at a PEG ratio of 1.64. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Alternative Energy - Other industry currently had an average PEG ratio of 1.91 as of yesterday's close.
The Alternative Energy - Other industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 158, positioning it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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Cameco (CCJ) Laps the Stock Market: Here's Why
Cameco (CCJ - Free Report) ended the recent trading session at $82.02, demonstrating a +1.88% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.58%. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.05%.
The uranium producer's stock has dropped by 14.89% in the past month, falling short of the Oils-Energy sector's gain of 6.29% and the S&P 500's gain of 0.97%.
Analysts and investors alike will be keeping a close eye on the performance of Cameco in its upcoming earnings disclosure. The company's earnings report is set to go public on October 30, 2026. In that report, analysts expect Cameco to post earnings of $0.23 per share. This would mark year-over-year growth of 360%.
For the full year, the Zacks Consensus Estimates project earnings of $1.07 per share and a revenue of $2.44 billion, demonstrating changes of +3.88% and -2.09%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Cameco. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.32% lower. Currently, Cameco is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, Cameco is at present trading with a Forward P/E ratio of 75.24. This denotes a premium relative to the industry average Forward P/E of 16.79.
It's also important to note that CCJ currently trades at a PEG ratio of 1.64. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Alternative Energy - Other industry currently had an average PEG ratio of 1.91 as of yesterday's close.
The Alternative Energy - Other industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 158, positioning it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.