Cameco (CCJ) closed at $124.04 in the latest trading session, marking a +1.78% move from the prior day. This move outpaced the S&P 500's daily gain of 0.03%. Meanwhile, the Dow lost 0.58%, and the Nasdaq, a tech-heavy index, added 0.28%.
The uranium producer's shares have seen an increase of 30.57% over the last month, surpassing the Oils-Energy sector's gain of 6.65% and the S&P 500's gain of 0.6%.
The investment community will be paying close attention to the earnings performance of Cameco in its upcoming release. The company is slated to reveal its earnings on February 13, 2026. On that day, Cameco is projected to report earnings of $0.29 per share, which would represent year-over-year growth of 11.54%.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.98 per share and a revenue of $2.37 billion, signifying shifts of +100% and 0%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Cameco. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.48% increase. At present, Cameco boasts a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, Cameco is holding a Forward P/E ratio of 80.6. Its industry sports an average Forward P/E of 19.07, so one might conclude that Cameco is trading at a premium comparatively.
The Alternative Energy - Other industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 155, this industry ranks in the bottom 37% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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Cameco Corporation (CCJ): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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