Company Performance - Cameco's stock closed at $49.44, down 1.71% from the previous trading day, underperforming the S&P 500's loss of 0.51% [1] - Over the last month, Cameco's shares decreased by 3.57%, while the Basic Materials sector gained 4.34% and the S&P 500 gained 2.87% [1] Upcoming Earnings - Cameco's earnings report is scheduled for February 20, 2025, with projected earnings per share (EPS) of $0.18, representing a 20% increase year-over-year [2] - Revenue is estimated to be $735.56 million, indicating an 18.64% increase compared to the same quarter last year [2] Analyst Estimates - Recent adjustments to analyst estimates for Cameco reflect changing business trends, with positive revisions indicating analyst optimism about the company's profitability [3] - The Zacks Consensus EPS estimate has decreased by 5.11% in the past month, and Cameco currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Cameco's Forward P/E ratio is 39.79, which is significantly higher than the industry average Forward P/E of 11.26 [6] - The Mining - Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 140, placing it in the bottom 45% of over 250 industries [6] Industry Insights - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% outperforming the bottom half by a factor of 2 to 1 [7]
Cameco (CCJ) Declines More Than Market: Some Information for Investors