In today’s recent session, 4.08 million shares of the Cameco Corp (NYSE:CCJ) have been traded, and its beta is 0.97. Most recently the company’s share price was $70.82, and it changed around $4.16 or 6.25% from the last close, which brings the market valuation of the company to $30.83B. CCJ at last check was trading at a discount to its 52-week high of $68.12, offering almost 3.81% off that amount. The share price’s 52-week low was $35.00, which indicates that the recent value has risen by an impressive 50.58% since then.
Cameco Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.35. If we narrow it down even further, the data shows that 0 out of 20 analysts rate the stock as a Sell; another 9 rate it as Overweight. Among the rest, 1 recommended CCJ as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight. Cameco Corp is expected to report earnings per share of 0.53 for the current quarter.
Cameco Corp (NYSE:CCJ) trade information
Instantly CCJ has been showing a green trend so far today with a performance of 6.25% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 70.80 on recent trading daydecreased the stock’s daily price by -0.03%. The company’s shares are currently up 37.82% year-to-date, but still up 5.85% over the last five days. On the other hand, Cameco Corp (NYSE:CCJ) is 37.28% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $70, which translates to bulls needing to decrease their stock price by -1.17% from its current value. Analyst projections state that CCJ is forecast to be at a low of $70 and a high of $70.
Cameco Corp (CCJ) estimates and forecasts
The year-over-year growth rate is expected to be 8.73%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 825.48M in revenue for the current quarter. 3 analysts expect Cameco Corp to make 778.02M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 598.46M and 720.6M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 37.93%. Forecasts for the next quarter put sales growth at 7.97%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 15.41%. Cameco Corp earnings are expected to increase by 120.25% in 2025, but the outlook is positive 57.15% per year for the next five years.
CCJ Dividends
Cameco Corp’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 0.16 percent and its annual dividend per share was 0.11. It is important to note, however, that the 0.16% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
MIRAE ASSET GLOBAL ETFS HOLDINGS LTD., with 3.8291% or 17.24 million shares worth $847.84 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
