Cameco Corp [CCJ] stock is trading at $42.60, up 2.08%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CCJ shares have lost -0.91% over the last week, with a monthly amount drifted -15.41%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Cantor Fitzgerald upgraded its rating to Overweight on July 31, 2024. On April 01, 2024, Goldman initiated with a Buy rating and assigned a price target of $55 on the stock. Cantor Fitzgerald downgraded its rating to a Neutral. In a note dated October 25, 2023, Cantor Fitzgerald upgraded an Buy rating on this stock.
Cameco Corp [CCJ] stock has fluctuated between $35.43 and $62.55 over the past year. Currently, Wall Street analysts expect the stock to reach $38.49 within the next 12 months. Cameco Corp [NYSE: CCJ] shares were valued at $42.60 at the most recent close of the market. An investor can expect a potential drop of -9.65% based on the average CCJ price forecast.
Analyzing the CCJ fundamentals
Cameco Corp [NYSE:CCJ] reported sales of 2.28B for the trailing twelve months, which represents a growth of 36.58%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.89 points at the first support level, and at 41.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.58, and for the 2nd resistance point, it is at 44.55.
Ratios To Look Out For
For context, Cameco Corp’s Current Ratio is 1.62. As well, the Quick Ratio is 0.92, while the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 8.13, the price to book ratio is 4.19 and price to earnings (TTM) ratio is 150.32.
Transactions by insiders
Recent insider trading involved Gitzel Timothy S., Officer, that happened on Dec 05 ’24 when 50000.0 shares were purchased. Officer, Quinn Sean A. completed a deal on Nov 21 ’24 to buy 13400.0 shares. Meanwhile, Officer Reilly Brian A. bought 14062.0 shares on Nov 19 ’24.
