Is Cameco Corp Stock a Good Investment?
Cameco Corp Investment Advice | CCJ |
- Examine Cameco Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Cameco Corp's leadership team and their track record. Good management can help Cameco Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil, Gas & Consumable Fuels space and any emerging trends that could impact Cameco Corp's business and its evolving consumer preferences.
- Compare Cameco Corp's performance and market position to its competitors. Analyze how Cameco Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Cameco Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Cameco Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Cameco Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Cameco Corp is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Cameco Corp Stock
Researching Cameco Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 75.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings (P/E) ratio of 116.1. Cameco Corp last dividend was issued on the 27th of November 2024. The entity had 2:1 split on the 23rd of February 2006.
To determine if Cameco Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Cameco Corp's research are outlined below:
| Cameco Corp is unlikely to experience financial distress in the next 2 years | |
| Cameco Corp has a very strong financial position based on the latest SEC filings | |
| About 75.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Cameco Co. Senior Officer Sells C1,120,642.00 in Stock |
Cameco Corp Quarterly Liabilities And Stockholders Equity |
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Cameco Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Cameco Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cameco Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 26th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Cameco Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Cameco Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2018-11-02 | 2018-09-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2004-10-26 | 2004-09-30 | 0.1 | 0.09 | -0.01 | 10 | ||
2004-04-22 | 2004-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2004-01-27 | 2003-12-31 | 0.1 | 0.09 | -0.01 | 10 | ||
2003-05-02 | 2003-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2001-10-31 | 2001-09-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2001-08-03 | 2001-06-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2000-11-07 | 2000-09-30 | 0.02 | 0.03 | 0.01 | 50 |
Know Cameco Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cameco Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cameco Corp backward and forwards among themselves. Cameco Corp's institutional investor refers to the entity that pools money to purchase Cameco Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 5.6 M | William Blair Investment Management, Llc | 2024-09-30 | 5.3 M | Alps Advisors Inc | 2024-09-30 | 5.3 M | Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2024-09-30 | 5.1 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 5.1 M | Bank Of Montreal | 2024-06-30 | 4.9 M | Bmo Capital Markets Corp. | 2024-06-30 | 4.9 M | Jpmorgan Chase & Co | 2024-06-30 | 4.6 M | Driehaus Capital Management Llc | 2024-06-30 | 3.9 M | Fmr Inc | 2024-09-30 | 20.8 M | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 17.2 M |
Cameco Corp's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 26.16 B.Market Cap |
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Cameco Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.03 | 0.05 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.06 | 0.06 |
Determining Cameco Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Cameco Corp is a good buy. For example, gross profit margin measures Cameco Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Cameco Corp's profitability and make more informed investment decisions.
Evaluate Cameco Corp's management efficiency
Cameco Corp has Return on Asset of 0.0214 % which means that on every $100 spent on assets, it made $0.0214 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0189 %, implying that it generated $0.0189 on every 100 dollars invested. Cameco Corp's management efficiency ratios could be used to measure how well Cameco Corp manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to hike to 0.04 this year. Return On Capital Employed is expected to hike to 0.05 this year. At this time, Cameco Corp's Total Current Liabilities is relatively stable compared to the past year. Change To Liabilities is expected to hike to about 15.5 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to nearly 6.2 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.02 | 7.73 | |
| Tangible Book Value Per Share | 13.92 | 7.54 | |
| Enterprise Value Over EBITDA | 39.44 | 41.41 | |
| Price Book Value Ratio | 4.08 | 4.28 | |
| Enterprise Value Multiple | 39.44 | 41.41 | |
| Price Fair Value | 4.08 | 4.28 | |
| Enterprise Value | 26.1 B | 27.4 B |
Cameco Corp showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Dividend Yield 0.0019 | Forward Dividend Yield 0.0019 | Forward Dividend Rate 0.12 | Beta 0.886 |
Basic technical analysis of Cameco Stock
As of the 25th of November, Cameco Corp shows the Downside Deviation of 2.2, mean deviation of 2.07, and Risk Adjusted Performance of 0.1859. Cameco Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Cameco Corp's Outstanding Corporate Bonds
Cameco Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cameco Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cameco bonds can be classified according to their maturity, which is the date when Cameco Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
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| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Cameco Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Cameco Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1859 | |||
| Market Risk Adjusted Performance | 0.5784 | |||
| Mean Deviation | 2.07 | |||
| Semi Deviation | 1.81 | |||
| Downside Deviation | 2.2 | |||
| Coefficient Of Variation | 429.1 | |||
| Standard Deviation | 2.76 | |||
| Variance | 7.6 | |||
| Information Ratio | 0.1856 | |||
| Jensen Alpha | 0.498 | |||
| Total Risk Alpha | 0.1983 | |||
| Sortino Ratio | 0.2323 | |||
| Treynor Ratio | 0.5684 | |||
| Maximum Drawdown | 12.67 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 5.76 | |||
| Downside Variance | 4.85 | |||
| Semi Variance | 3.26 | |||
| Expected Short fall | (2.54) | |||
| Skewness | 0.395 | |||
| Kurtosis | 1.01 |
| Risk Adjusted Performance | 0.1859 | |||
| Market Risk Adjusted Performance | 0.5784 | |||
| Mean Deviation | 2.07 | |||
| Semi Deviation | 1.81 | |||
| Downside Deviation | 2.2 | |||
| Coefficient Of Variation | 429.1 | |||
| Standard Deviation | 2.76 | |||
| Variance | 7.6 | |||
| Information Ratio | 0.1856 | |||
| Jensen Alpha | 0.498 | |||
| Total Risk Alpha | 0.1983 | |||
| Sortino Ratio | 0.2323 | |||
| Treynor Ratio | 0.5684 | |||
| Maximum Drawdown | 12.67 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 5.76 | |||
| Downside Variance | 4.85 | |||
| Semi Variance | 3.26 | |||
| Expected Short fall | (2.54) | |||
| Skewness | 0.395 | |||
| Kurtosis | 1.01 |
Consider Cameco Corp's intraday indicators
Cameco Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cameco Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Cameco Corp Corporate Filings
6K | 13th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 25th of September 2024 Other Reports | ViewVerify | |
| 8th of August 2024 Other Reports | ViewVerify | |
| 22nd of March 2024 Other Reports | ViewVerify |
Cameco Stock media impact
Far too much social signal, news, headlines, and media speculation about Cameco Corp that are available to investors today. That information is available publicly through Cameco media outlets and privately through word of mouth or via Cameco internal channels. However, regardless of the origin, that massive amount of Cameco data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Cameco Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Cameco Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Cameco Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Cameco Corp alpha.
Cameco Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Cameco Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Cameco Corp Historical Investor Sentiment
Investor biases related to Cameco Corp's public news can be used to forecast risks associated with an investment in Cameco. The trend in average sentiment can be used to explain how an investor holding Cameco can time the market purely based on public headlines and social activities around Cameco Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cameco Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cameco Corp and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Cameco Corp news discussions. The higher the estimate score, the more favorable the investor's outlook on Cameco Corp.
Cameco Corp Corporate Directors
| Donald Deranger | Independent Director | Profile | |
| James Gowans | Independent Director | Profile | |
| Daniel Camus | Independent Director | Profile | |
| Catherine Gignac | Independent Director | Profile |
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 closely tied 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.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Oil, Gas & Consumable Fuels space 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 (0.95) | Dividend Share 0.12 | Earnings Share 0.19 | Revenue Per Share 6.435 | Quarterly Revenue Growth 0.253 |
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.
In summary, please note that there is a difference between Cameco Corp's value and its price, as these two are different measures arrived at by various 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.