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Here is What to Know Beyond Why Cameco Corporation (CCJ) is a Trending Stock
CCJCameco(CCJ) ZACKS·2024-12-20 15:06

Earnings Estimates - Cameco is expected to post earnings of 018pershareforthecurrentquarter,representingayearoveryearchangeof+200 18 per share for the current quarter, representing a year-over-year change of +20% [4] - The Zacks Consensus Estimate for the current quarter has changed +26 4% over the last 30 days [4] - For the next fiscal year, the consensus earnings estimate of 1 33 indicates a change of +161 2% from the previous year [5] - The consensus earnings estimate for the next fiscal year has changed -17 5% over the past month [5] - For the current fiscal year, the consensus earnings estimate of 051pointstoachangeof1050 51 points to a change of -10 5% from the prior year [13] - The current fiscal year earnings estimate has changed -26 9% over the last 30 days [13] Revenue Estimates - The consensus sales estimate for the current quarter is 735 56 million, indicating a year-over-year change of +18 6% [6] - For the current fiscal year, the revenue estimate is 217billion,representinga+1342 17 billion, representing a +13 4% change [6] - For the next fiscal year, the revenue estimate is 2 49 billion, indicating a +14 9% change [6] - Cameco reported revenues of 52824millioninthelastreportedquarter,representingayearoveryearchangeof+232528 24 million in the last reported quarter, representing a year-over-year change of +23 2% [16] Valuation - Cameco is graded F on valuation, indicating it is trading at a premium to its peers [10] - The company's valuation multiples, such as P/E, P/S, and P/CF, are compared to historical values and peers to determine if the stock is fairly valued, overvalued, or undervalued [9] Stock Performance - Shares of Cameco have returned -13 2% over the past month, compared to the Zacks S&P 500 composite's -0 7% change [12] - The Zacks Mining - Miscellaneous industry, to which Cameco belongs, has lost 8 6% over the same period [12] Earnings and Revenue Surprises - Cameco reported revenues of 528 24 million in the last quarter, representing a -4 16% surprise compared to the Zacks Consensus Estimate of $551 15 million [8] - The EPS surprise was -103 85% [8] - The company could not beat consensus EPS or revenue estimates in any of the last four quarters [17] Zacks Rank - Cameco is rated Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [11][14]