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Why the Market Dipped But Cameco (CCJ) Gained Today
CCJCameco(CCJ) ZACKS·2025-03-20 22:56

Group 1 - Cameco's stock closed at 44.85,reflectinga+1.4944.85, 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 1.02pershareandrevenueat1.02 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]