Cameco Corporation (CCJ) is Attracting Investor Attention: Here is What You Should Know

Core Viewpoint - Cameco (CCJ) has shown strong stock performance recently, outperforming the S&P 500 and the broader mining industry, raising questions about its future trajectory [1] Earnings Estimate Revisions - The consensus earnings estimate for Cameco is $0.18 per share for the current quarter, reflecting a year-over-year increase of +20%, but has seen a significant downward revision of -23.6% over the last 30 days [4] - For the current fiscal year, the consensus estimate is $0.51, indicating a year-over-year decline of -10.5%, with a notable change of -38.6% in the last month [4] - The next fiscal year's consensus estimate of $1.33 suggests a substantial increase of +161.2% compared to the previous year, although it has also been revised down by -17.9% recently [5] Revenue Growth - The consensus sales estimate for the current quarter is $735.56 million, representing a year-over-year increase of +18.6% [8] - For the current fiscal year, the revenue estimate is $2.17 billion, indicating a growth of +13.4%, while the next fiscal year's estimate of $2.49 billion reflects a +14.9% change [8] Last Reported Results and Surprise History - In the last reported quarter, Cameco generated revenues of $528.24 million, a year-over-year increase of +23.2%, but reported an EPS of -$0.01 compared to $0.24 a year ago [9] - The company has consistently missed consensus revenue and EPS estimates over the last four quarters, with a revenue surprise of -4.16% and an EPS surprise of -103.85% in the last quarter [10] Valuation - Cameco is graded F in the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [14] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) suggest that the stock may be overvalued relative to its historical values and peers [12][13] Bottom Line - The current Zacks Rank of 3 suggests that Cameco may perform in line with the broader market in the near term, despite the mixed signals from earnings estimates and valuation metrics [15]