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This suggests a possible upside of 83.2% from the stock’s current price. View analysts price targets for CCJ or view top-rated stocks among Wall Street analysts. 4 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Cameco in the last year. The consensus among Wall Street analysts is that investors should “buy” CCJ shares. JSI uses funds from your Treasury Account to purchase T-bills in increments of $100 “par value” (the T-bill’s value at maturity).
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Cameco stock price target raised to $46 from $37 at BofA Securities
Looking back, over the last four weeks, Cameco USA gained 14.35 percent. Looking ahead, we forecast Cameco USA to be priced at 24.77 by the end of this quarter and at 22.84 in one year, according to Trading Economics global macro models projections and analysts expectations. Additional information about your broker can be found by clicking here.
Cameco Corp is one of the world’s largest uranium producers. When operating at normal production, the flagship McArthur River mine in Saskatchewan accounts for roughly 50% of output in normal market conditions. Amid years of uranium price weakness, the company has reduced production, instead purchasing from the spot market to meet contracted deliveries.
Cameco’s current share price divided by its per-share earnings over a 12-month period gives a “trailing price/earnings ratio” of roughly 159x. In other words, Cameco shares trade at around 159x recent earnings. Given the disruptions to the global energy sector, many market participants have inquired about how to invest in nuclear energy stocks. Although a somewhat controversial industry because of certain hi…
Cameco Profile
High institutional ownership can be a signal of strong market trust in this company. Based on earnings estimates, Cameco will have a dividend payout ratio of 5.29% next year. This indicates that Cameco will be able to sustain or increase its dividend.
- “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of (“Regulation A”).
- Cameco’s stock was trading at $22.67 at the start of the year.
- Please see Open to the Public Investing’s Fee Schedule to learn more.
- Yahoo Finance anchors Rachelle Akuffo, Dave Briggs and Seana Smith discuss shares of uranium miner Cameco down amid news of the company buying stake in Westinghouse Electric.
Uranium prices, alongside many other commodities, are starting… One share of CCJ stock can currently be purchased for approximately $24.64. IShares MSCI Intl Size Factor ETF holds 1,398 shares of CCJ stock, representing 0.13% of its portfolio. The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns. You can find your newly purchased Cameco stock in your portfolio—alongside the rest of your stocks, ETFs, crypto, and alternative assets. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
Is It Time to Buy? CCJ Shares are up today.
Cameco issued an update on its FY 2023 earnings guidance on Thursday, February, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.58 billion-$1.69 billion, compared to the consensus revenue estimate of $1.63 billion. Cameco has a short interest ratio (“days to cover”) of 3.7, which is generally considered an acceptable ratio of short interest to trading volume. No content on the website shall be considered as a recommendation or solicitation for the purchase or sale of securities, futures, or other financial products.
Most of the documents which are legally required to be filed with the Canadian Securities Administrators and many documents which may be filed with the Canadian exchanges are included in the SEDAR system. Cameco neither distributes nor endorses any research reports about the company prepared by financial analysts. However, for the convenience of our shareholders, we do provide listings of analysts publishing research on Cameco. Provide specific products and services to you, such as portfolio management or data aggregation. Cameco’s “price/earnings-to-growth ratio” can be calculated by dividing its P/E ratio by its growth – to give 3.33.
Cameco Produces First Packaged Pounds Following McArthur River/Key Lake Restart
They also explore for uranium in the Americas, Australia and Asia. Their shares trade on the Toronto and New York stock exchanges. A $0.55 per contract fee applies for certain options trades. 4 brokers have issued twelve-month price objectives for Cameco’s shares. Their CCJ share price forecasts range from $41.00 to $50.00. On average, they anticipate the company’s stock price to reach $45.14 in the next twelve months.
Sprott Physical Uranium Trust & Yellow Cake: Buy Discounted … – Seeking Alpha
Sprott Physical Uranium Trust & Yellow Cake: Buy Discounted ….
Posted: Mon, 20 Jun 2022 07:00:00 GMT [source]
There are multiple ways to fund your Public account—from linking a bank account to making a deposit with a debit card or wire transfer. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. /PRNewswire/ — Those who follow the uranium market prices see higher highs in the coming year.
There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. See Ownership Explorer, which provides a list of highest-ranking companies. When you see Cameco https://day-trading.info/ stock appear in the results, tap it to open up the purchase screen. You can sign up for an account directly on our website or by downloading the Public app for iOS or Android. Provides a general description of the business conducted by this company.
27 people have added Cameco to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. 54 people have searched for CCJ on MarketBeat in the last 30 days. This is an increase of 2% compared to the previous 30 days. Short interest in Cameco has recently increased by 7.98%, indicating that investor sentiment is decreasing significantly.
Is CCJ a buy or sell?
The consensus among 1 Wall Street analyst covering (NYSE: CCJ) stock is to Buy CCJ stock.
Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Cameco has a dividend yield of 0.35%, which is in the bottom 25% of all stocks that pay dividends. According to analysts’ consensus price target of $45.14, Cameco has a forecasted upside of 81.5% from its current price of $24.87. The company’s average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Please visit /cryptocurrency to see a list of crypto available to trade. Cameco Corp’s third-quarter 2022 results are likely to reflect higher average realized uranium prices, which will be offset by care and maintenance costs. Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial a note on comparative advantage and money education center. U.S. Treasuries (“T-Bill“) investing services on the Public Platform are offered by Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA & SIPC. See JSI’s FINRA BrokerCheck and Form CRS for further information. When you enable T-Bill investing on the Public platform, you open a separate brokerage account with JSI (the “Treasury Account“).
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Past performance should not be viewed as an indicator of future results. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. Our calculations are based on comprehensive, delayed quotes. All Canadian public companies and investment funds are generally required to file their documents in the SEDAR system.
Dividend capture strategy is based on CCJ’s historical data. See Best Monthly Dividend Stocks Model Portfolio for our top monthly income ideas. If the last five payouts show variability and are all growing, we estimate future payouts by applying the average growth rate to the most recent payout. Learn from industry thought leaders and expert market participants. Generate fixed income from corporates that prioritize environmental, social and governance responsibility. You must be a shareholder on or before the next ex-dividend date to receive the upcoming dividend.
What sector is CCJ?
It operates through two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate.
Formerly Canadian Mining and Energy Corp., Cameco was incorporated in 1988 and is headquartered in Saskatchewan, Canada. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. An indication of interest to purchase securities involves no obligation or commitment of any kind. Cameco Corporation is one of the world’s largest uranium producers, a significant supplier of conversion services and one of two CANDU fuel manufacturers in Canada.
By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Sign-up to receive the latest news and ratings for Cameco and its competitors with MarketBeat’s FREE daily newsletter. The P/E ratio of Cameco is 146.30, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 86.14.
How do I buy CCJ stock?
- Choose a stock trading platform.
- Open an account.
- Fund your account.
- Search for the stock name – CCJ.
- Buy the stock.