Group 1 - Cameco's stock decreased by 2.01% to $68.27, underperforming the S&P 500's daily loss of 0.22% [1] - Over the past month, Cameco's stock has increased by 31.93%, outperforming the Basic Materials sector's gain of 2.25% and the S&P 500's gain of 0.45% [1] Group 2 - The upcoming earnings report for Cameco is projected to show earnings per share (EPS) of $0.29, a 190% increase year-over-year, with revenue expected to be $681.82 million, reflecting a 56% increase [2] - For the entire year, Zacks Consensus Estimates forecast earnings of $1.06 per share and revenue of $2.51 billion, indicating increases of 116.33% and 10.16% respectively compared to the previous year [3] Group 3 - Recent modifications to analyst estimates for Cameco indicate shifting business dynamics, with positive changes reflecting analyst optimism regarding profitability [4] - Revisions in estimates are correlated with stock price performance, and investors can utilize the Zacks Rank for actionable insights [5] Group 4 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has historically outperformed, with 1 stocks returning an average annual gain of +25% since 1988 [6] - Over the last 30 days, the Zacks Consensus EPS estimate for Cameco has increased by 13.96%, and the company currently holds a Zacks Rank of 3 (Hold) [6] Group 5 - Cameco's Forward P/E ratio is 65.64, which is a premium compared to the industry average Forward P/E of 20.08 [7] - The Mining - Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 155, placing it in the bottom 37% of over 250 industries [7] Group 6 - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [8]
Cameco (CCJ) Sees a More Significant Dip Than Broader Market: Some Facts to Know