Cameco (CCJ) ended the recent trading session at $88.13, demonstrating a +2.12% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.79%. Elsewhere, the Dow gained 1.01%, while the tech-heavy Nasdaq added 1.15%.
The uranium producer's stock has climbed by 0.75% in the past month, exceeding the Basic Materials sector's loss of 2.89% and lagging the S&P 500's gain of 1.27%.
Investors will be eagerly watching for the performance of Cameco in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 5, 2025. The company is expected to report EPS of $0.23, up 2400% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.08 per share and a revenue of $2.54 billion, signifying shifts of +120.41% and +11.32%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Cameco. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 5% downward. At present, Cameco boasts a Zacks Rank of #4 (Sell).
In the context of valuation, Cameco is at present trading with a Forward P/E ratio of 80.15. This denotes a premium relative to the industry average Forward P/E of 18.85.
The Mining - Miscellaneous industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 42, which puts it in the top 18% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Cameco Corporation (CCJ): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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