The case for uranium’s long-term growth is a familiar one, and it goes something like this: there’s a vast network of reactors currently under construction in China, India, and the restAnalyst’s Disclosure: I/we have a beneficial long position in the shares of CCJ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company ...

Group 1 - Cameco's stock closed at $44.85, reflecting a +1.49% change, outperforming the S&P 500's loss of 0.22% [1] - Over the past month, Cameco's stock has decreased by 5.07%, which is worse than the Basic Materials sector's loss of 0.38% and the S&P 500's loss of 7.48% [1] Group 2 - The upcoming earnings release is projected to show earnings of $0.26 per share, indicating a year-over-year growth of 160% [2] - For the annual period, earnings are expected to be $1.02 per share and revenue at $2.54 billion, reflecting increases of +108.16% and +11.24% respectively [2] Group 3 - Recent shifts in analyst projections for Cameco are important as they reflect changes in short-term business dynamics [3] - Positive revisions in estimates indicate analysts' confidence in the company's performance and profit potential [3] Group 4 - Estimate alterations are linked to stock price performance, and the Zacks Rank system is designed to leverage this relationship [4] - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell) and has shown an average annual return of +25% for 1 ranked stocks since 1988 [5] Group 5 - Currently, Cameco has a Zacks Rank of 5 (Strong Sell), with a 19.94% decrease in the Zacks Consensus EPS estimate over the last 30 days [5] - Cameco's Forward P/E ratio is 43.32, significantly higher than the industry's average Forward P/E of 13.15 [6] Group 6 - The Mining - Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 173, placing it in the bottom 32% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks [7]

Investment Thesis: Cameco's (NYSE: CCJ ) stock price declined significantly recently, mostly because China might have come up with a less energy-intensive version of AI. The news puts the thesis of nuclear power feeding data centers into question; therefore, tradersAnalyst’s Disclosure: I/we have a beneficial long position in the shares of CCJ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it ( ...

Core Viewpoint - Cameco (CCJ) shares have declined significantly, with a year-to-date drop of 20.9%, contrasting with the industry's return of 2.8% and the S&P 500's decline of 4.9% [1][4]. Group 1: Stock Performance and Market Context - The decline in Cameco's stock aligns with a 29% decrease in uranium prices over the past year, including a 12% drop this year [4]. - Cameco's stock is currently trading below its 50-day and 200-day moving averages, indicating a bearish trend following a death crossover on March 4, 2025 [5][6]. - Peer Centrus Energy (LEU) has seen an 11% gain this year, highlighting the relative underperformance of Cameco [4]. Group 2: Financial Performance - For FY24, Cameco's revenues rose 21% year-over-year to $2.2 billion (CAD $3.14 billion), driven by higher sales volumes and improved average realized prices [8]. - In the uranium segment, sales volume increased by 5% and prices rose by 17%, contributing to a 24% increase in full-year revenues [9]. - Adjusted earnings per share were reported at 47 cents (CAD 0.67), down 24% year-over-year but above the consensus estimate of 42 cents [10]. Group 3: Production and Future Outlook - Cameco plans to produce 18 million pounds of uranium at both McArthur River/Key Lake and Cigar Lake in 2025, with projected uranium deliveries of 31-34 million pounds [11][12]. - Production from the joint venture Inkai faced challenges, with a total production of 7.8 million pounds in 2024, slightly lower than the previous year due to supply chain issues [15]. - Kazakhstan's new Mineral Extraction Tax (MET) will increase from 6% to 9% in 2025, impacting Cameco's cost structure [16]. Group 4: Market Valuation and Investment Considerations - Cameco's stock is trading at a forward price-to-sales ratio of 6.84, significantly higher than the industry's 1.08 and above its five-year median of 6.05 [20]. - The company's Value Score of F indicates a stretched valuation, suggesting that the stock is not currently cheap [21]. - Despite the challenges, Cameco aims to maintain financial strength and flexibility to boost production and capitalize on market opportunities [22].

Company Overview - Cameco is primarily a uranium miner, involved in the extraction and processing of uranium for nuclear power plants. The company also has a stake in Westinghouse, which provides construction and maintenance services for nuclear facilities [2]. Industry Trends - There is a nuclear power renaissance in the United States, driven by the need for reliable base-load power as the world transitions from carbon-based energy sources to cleaner alternatives. Nuclear power is seen as a viable solution since it does not emit carbon dioxide [5][6]. - New reactor designs are being developed that are expected to be safer and more cost-effective than older models, including large-scale reactors and small modular reactors [6]. Market Dynamics - The price of uranium has been volatile, experiencing a decline after a multi-year increase, which has impacted Cameco's stock performance. Over the past three years, Cameco's shares have increased by over 90%, but in the last three months, the stock has lost more than 25% of its value [3][4]. - The market's perception of nuclear power's future plays a significant role in stock price movements. A positive outlook may present buying opportunities, while a negative view could indicate a longer-term trend of decline [8]. Investment Considerations - For risk-averse investors, Cameco may not be the ideal choice, as investing in utilities that own nuclear power plants could be a safer option. Conversely, for risk-tolerant investors with a long-term positive outlook on nuclear power, Cameco could provide direct exposure to the sector, albeit with expected volatility [9].

Group 1 - Cameco Corporation is recognized as one of the world's leading producers of uranium, with significant operations in conversion and fuel services, bolstered by the recent acquisition of Westinghouse [1][2] - The company holds a strong position in uranium through Tier 1 assets and strategic joint ventures, including partnerships with Orano and Kazatomprom for the Inkai asset [3] - Currently, Cameco maintains supply discipline, with 30% of its licensed and permitted capacity in care and maintenance due to market conditions [3] Group 2 - The conference call features Grant Isaac, the Executive Vice President and CFO of Cameco, who will provide insights and address questions regarding the company's operations and market strategy [1][2] - The focus of the discussion will include the company's uranium properties and the potential for further uranium production upside [3]

Shares of Cameco (CCJ) have declined 7% since it reported fourth-quarter and 2024 results on Feb. 20. CCJ’s fourth-quarter earnings were 73% higher than the year-ago quarter as revenues improved 36%. Both metrics beat the Zacks Consensus Estimate.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.However, the share price decrease reflected the 24% earnings decline for the year despite a 21% rise in revenues, as well as ongoing concerns at Inkai. Cameco beat the Zacks Consensus Estimate f ...

The 200-day simple moving average (SMA) is widely regarded as an important technical signal for traders and investors. The idea is that 200 days represents a full year of trading days, so the 200-day SMA serves as a barometer for overall sentiment for a stock. When a stock is trading above its 200-day SMA, it can signal that it is overbought and ready to move lower. Conversely, when a stock is trading below its 200-day moving average, it can signal that it is ready to move higher. Of course, a stock price’s ...

The nuclear energy sector is often associated with advanced reactor designs and fusion power, but these overlook the essential role of uranium fuel. Due to a potential uranium supercycle driven by increasing demand and limited supply, uranium mining companies are emerging as a compelling investment opportunity. The future of nuclear energy depends not only on innovative reactor technology but also on the companies mining the crucial element that fuels them. Get Global X Uranium ETF alerts:A Global Nuclear R ...

Group 1: Company Performance - Cameco Corporation reported a 21% year-over-year increase in sales for 2024, but earnings fell over 50% to $0.39 per share [2] - The company generated $482 million in positive free cash flow last year, resulting in a price-to-free-cash-flow ratio of 40 [4] - Despite a market valuation exceeding $19 billion, Cameco's earnings over the past 12 months were only $119 million, leading to a high price-to-earnings ratio of 162 [4] Group 2: Market Conditions - The uranium market has seen a significant decline, with prices dropping approximately 31% from highs near $95 per pound a year ago to around $65 per pound [2] - Current uranium prices are above the $60 breakeven point, which encourages miners to increase production, potentially leading to further price declines [3] - The outlook for nuclear power and nuclear fuel fundamentals is described as more favorable than it has been for decades, with management predicting strong financial performance to continue in 2025 [2]