Cameco Corp Stock Today

CCJ Stock  USD 43.32  0.61  1.43%   

Performance

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Odds Of Distress

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Cameco Corp is selling for 43.32 as of the 29th of March 2024. This is a 1.43 percent up since the beginning of the trading day. The stock's last reported lowest price was 42.64. Cameco Corp has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Cameco Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Energy
IPO Date
14th of March 1996
It operates through two segments, Uranium and Fuel Services. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada. Cameco Corp is traded on New York Stock Exchange in the United States. The company has 434.18 M outstanding shares of which 16.65 M shares are currently shorted by investors with about 3.47 days to cover. More on Cameco Corp

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Cameco Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cameco Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cameco Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOTimothy Gitzel
Thematic IdeaNon-Metallic and Industrial Metal Mining (View all Themes)
Old NameCounty International Limited
Business ConcentrationOil, Gas & Consumable Fuels, Uranium, Energy, NYSE Composite, Non-Metallic and Industrial Metal Mining, Energy, Oil, Gas & Consumable Fuels, Uranium, Energy (View all Sectors)
Average Analyst Recommendation
Analysts covering Cameco Corp report their recommendations after researching Cameco Corp's financial statements, talking to executives and customers, or listening in on Cameco Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cameco Corp. The Cameco consensus assessment is calculated by taking the average forecast from all of the analysts covering Cameco Corp.
Financial Strength
Based on the analysis of Cameco Corp's profitability, liquidity, and operating efficiency, Cameco Corp is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Cameco Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.310.2605
Fairly Up
Slightly volatile
Gross Profit Margin0.360.1981
Way Up
Slightly volatile
Total Current Liabilities1.2 B1.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.7 B2.7 B
Way Down
Slightly volatile
Total Assets6.2 B9.9 B
Way Down
Slightly volatile
Total Current Assets1.6 B1.8 B
Fairly Down
Pretty Stable
Total Cash From Operating Activities432 M647.3 M
Way Down
Very volatile
Cameco Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cameco Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cameco Corp's financial leverage. It provides some insight into what part of Cameco Corp's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Cameco Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Cameco Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Cameco Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 1.79 B in debt with debt to equity (D/E) ratio of 0.22, which may show that the company is not taking advantage of profits from borrowing. Cameco Corp has a current ratio of 5.01, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Cameco Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Cameco Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cameco Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cameco to invest in growth at high rates of return. When we think about Cameco Corp's use of debt, we should always consider it together with cash and equity.

Depreciation

226.14 Million
Cameco Corp (CCJ) is traded on New York Stock Exchange in USA. It is located in 2121-11th Street West, Saskatoon, SK, Canada, S7M 1J3 and employs 26 people. Cameco Corp is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 18.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cameco Corp's market, we take the total number of its shares issued and multiply it by Cameco Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cameco Corp runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 434.18 M outstanding shares of which 16.65 M shares are currently shorted by investors with about 3.47 days to cover. Cameco Corp has about 441.86 M in cash with 647.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.11.
Check Cameco Corp Probability Of Bankruptcy
Ownership Allocation
Cameco Corp retains a total of 434.18 Million outstanding shares. The majority of Cameco Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cameco Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cameco Corp. Please pay attention to any change in the institutional holdings of Cameco Corp as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Cameco Ownership Details

Cameco Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Cameco Corp jumping above the current price in 90 days from now is about 56.71%. The Cameco Corp probability density function shows the probability of Cameco Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1994 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cameco Corp will likely underperform. Additionally, cameco Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 43.32HorizonTargetOdds Above 43.32
43.09%90 days
 43.32 
56.71%
Based on a normal probability distribution, the odds of Cameco Corp to move above the current price in 90 days from now is about 56.71 (This Cameco Corp probability density function shows the probability of Cameco Stock to fall within a particular range of prices over 90 days) .

Cameco Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Cameco Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cameco Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cameco Corp's value.
InstituionRecorded OnShares
Alps Advisors Inc2023-12-31
5.6 M
Bank Of Montreal2023-12-31
5.5 M
Bmo Capital Markets Corp.2023-12-31
5.5 M
Fidelity International Ltd2023-12-31
5.3 M
Bank Of America Corp2023-12-31
4.9 M
Jpmorgan Chase & Co2023-12-31
4.3 M
William Blair Investment Management, Llc2023-12-31
4.1 M
Bank Of Nova Scotia2023-12-31
3.9 M
Ameriprise Financial Inc2023-12-31
3.6 M
Fmr Inc2023-12-31
31.1 M
Vanguard Group Inc2023-12-31
15.7 M
View Cameco Corp Diagnostics

Cameco Corp Historical Income Statement

Cameco Corp Income Statement is one of the three primary financial statements used for reporting Cameco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cameco Corp revenue and expense. Cameco Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Cameco Corp's Total Operating Expenses is relatively stable compared to the past year. Income Before Tax is expected to hike to about 349.3 M this year, although the value of Total Revenue will most likely fall to nearly 1.7 B. View More Fundamentals

Cameco Stock Against Markets

Picking the right benchmark for Cameco Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cameco Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cameco Corp is critical whether you are bullish or bearish towards Cameco Corp at a given time. Please also check how Cameco Corp's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cameco Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Cameco Corp Corporate Directors

Cameco Corp corporate directors refer to members of a Cameco Corp board of directors. The board of directors generally takes responsibility for the Cameco Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cameco Corp's board members must vote for the resolution. The Cameco Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Donald DerangerIndependent DirectorProfile
Anne McLellanIndependent DirectorProfile
Daniel CamusIndependent DirectorProfile
Catherine GignacIndependent DirectorProfile

How to buy Cameco Stock?

Before investing in Cameco Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cameco Corp. To buy Cameco Corp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cameco Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Cameco Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Cameco Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Cameco Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cameco Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Cameco Stock please use our How to Invest in Cameco Corp guide.

Already Invested in Cameco Corp?

The danger of trading Cameco Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cameco Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cameco Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cameco Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cameco Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cameco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cameco Corp Stock. Highlighted below are key reports to facilitate an investment decision about Cameco Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.
Note that the Cameco Corp information on this page should be used as a complementary analysis to other Cameco Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Cameco Corp's price analysis, check to measure Cameco Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cameco Corp is operating at the current time. Most of Cameco Corp's value examination focuses on studying past and present price action to predict the probability of Cameco Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cameco Corp's price. Additionally, you may evaluate how the addition of Cameco Corp to your portfolios can decrease your overall portfolio volatility.
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Is Cameco Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cameco Corp. If investors know Cameco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cameco Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Dividend Share
0.12
Earnings Share
0.61
Revenue Per Share
5.971
Quarterly Revenue Growth
0.611
The market value of Cameco Corp is measured differently than its book value, which is the value of Cameco that is recorded on the company's balance sheet. Investors also form their own opinion of Cameco Corp's value that differs from its market value or its book value, called intrinsic value, which is Cameco Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cameco Corp's market value can be influenced by many factors that don't directly affect Cameco Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cameco Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cameco Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cameco Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.