Cameco Corp Stock Buy Hold or Sell Recommendation

CCJ Stock  USD 42.47  0.66  1.58%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Cameco Corp is 'Sell'. The recommendation algorithm takes into account all of Cameco Corp's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Cameco Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.
Note, we conduct extensive research on individual companies such as Cameco and provide practical buy, sell, or hold advice based on investors' constraints. 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.

Execute Cameco Corp Buy or Sell Advice

The Cameco recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cameco Corp. Macroaxis does not own or have any residual interests in Cameco Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cameco Corp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Cameco CorpBuy Cameco Corp
Sell

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Cameco Corp has a Mean Deviation of 2.34, Standard Deviation of 3.26 and Variance of 10.64
Cameco Corp advice module can be used to check and cross-verify current investment recommendation provided by analysts analyzing the company's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Cameco Corp is not overpriced, please confirm all Cameco Corp fundamentals, including its shares owned by institutions, gross profit, debt to equity, as well as the relationship between the price to book and cash and equivalents . Given that Cameco Corp has a price to earning of 116.10 X, we suggest you to validate Cameco Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Cameco Corp Trading Alerts and Improvement Suggestions

Cameco Corp generated a negative expected return over the last 90 days
Cameco Corp has high historical volatility and very poor performance
Cameco Corp has a strong financial position based on the latest SEC filings
About 74.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Cameco Falls More Steeply Than Broader Market What Investors Need to Know

Cameco Corp Returns Distribution Density

The distribution of Cameco Corp's historical returns is an attempt to chart the uncertainty of Cameco Corp's future price movements. The chart of the probability distribution of Cameco Corp daily returns describes the distribution of returns around its average expected value. We use Cameco Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cameco Corp returns is essential to provide solid investment advice for Cameco Corp.
Mean Return
-0.49
Value At Risk
-5.89
Potential Upside
3.74
Standard Deviation
3.26
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cameco Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Cameco Stock Institutional Investors

Shares
Alps Advisors Inc2024-12-31
5.3 M
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main2024-12-31
5.1 M
Bank Of Montreal2024-12-31
4.8 M
Bmo Capital Markets Corp.2024-12-31
4.8 M
Jpmorgan Chase & Co2024-12-31
4.6 M
William Blair Investment Management, Llc2024-12-31
4.1 M
Cibc Global Asset Management Inc2024-12-31
3.8 M
Norges Bank2024-12-31
3.7 M
T. Rowe Price Associates, Inc.2024-12-31
3.5 M
Fmr Inc2024-12-31
22.6 M
Mirae Asset Global Etfs Holdings Ltd.2024-12-31
16.8 M
Note, although Cameco Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cameco Corp Cash Flow Accounts

202020212022202320242025 (projected)
Change In Cash(144.0M)329.1M(103.8M)(576.9M)33.7M19.7M
Free Cash Flow(20.6M)359.5M161.2M534.5M693.7M728.3M
Depreciation208.7M190.4M177.4M220.3M316.9M228.9M
Other Non Cash Items81.9M56.7M149.5M3.5M441.3M463.3M
Dividends Paid31.6M31.8M51.9M52.1M69.6M77.3M
Capital Expenditures77.5M98.8M143.4M153.6M211.6M309.8M
Net Income(53.2M)(102.7M)89.3M360.8M171.9M203.6M
End Period Cash Flow918.4M1.2B1.1B566.8M600.5M446.7M
Change To Inventory(380.9M)294.4M(226.4M)38.4M(111.5M)(106.0M)
Investments(101.0M)(59.9M)(1.3B)266.2M239.6M251.6M
Change To Netincome60.0M79.9M61.2M128.3M147.5M154.9M

Cameco Corp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cameco Corp or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cameco Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cameco stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.38
β
Beta against Dow Jones1.14
σ
Overall volatility
3.26
Ir
Information ratio -0.12

Cameco Corp Volatility Alert

Cameco Corp exhibits very low volatility with skewness of -1.44 and kurtosis of 5.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cameco Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cameco Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Cameco Corp Implied Volatility

Cameco Corp's implied volatility exposes the market's sentiment of Cameco Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cameco Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cameco Corp stock will not fluctuate a lot when Cameco Corp's options are near their expiration.

Cameco Corp Fundamentals Vs Peers

Comparing Cameco Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cameco Corp's direct or indirect competition across all of the common fundamentals between Cameco Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cameco Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cameco Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cameco Corp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Cameco Corp to competition
FundamentalsCameco CorpPeer Average
Return On Equity0.0276-0.31
Return On Asset0.0299-0.14
Profit Margin0.05 %(1.27) %
Operating Margin0.15 %(5.51) %
Current Valuation18.87 B16.62 B
Shares Outstanding435.31 M571.82 M
Shares Owned By Insiders0.15 %10.09 %
Shares Owned By Institutions73.92 %39.21 %
Number Of Shares Shorted19.43 M4.71 M
Price To Earning116.10 X28.72 X
Price To Book4.17 X9.51 X
Price To Sales5.90 X11.42 X
Revenue3.14 B9.43 B
Gross Profit1.06 B27.38 B
EBITDA789.34 M3.9 B
Net Income171.85 M570.98 M
Cash And Equivalents441.86 M2.7 B
Cash Per Share3.11 X5.01 X
Total Debt1.3 B5.32 B
Debt To Equity0.21 %48.70 %
Current Ratio5.11 X2.16 X
Book Value Per Share14.62 X1.93 K
Cash Flow From Operations905.29 M971.22 M
Short Ratio4.22 X4.00 X
Earnings Per Share0.27 X3.12 X
Price To Earnings To Growth3.33 X4.89 X
Target Price58.45
Beta1.03-0.15
Market Capitalization18.49 B19.03 B
Total Asset9.91 B29.47 B
Retained Earnings3.1 B9.33 B
Working Capital652.79 M1.48 B
Current Asset2.18 B9.34 B

Cameco Corp Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cameco . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Cameco Corp Buy or Sell Advice

When is the right time to buy or sell Cameco Corp? Buying financial instruments such as Cameco Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Cameco Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Transportation
Transportation Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Transportation theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Transportation Theme or any other thematic opportunities.
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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 Cameco Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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
0.752
Dividend Share
0.16
Earnings Share
0.27
Revenue Per Share
7.211
Quarterly Revenue Growth
0.402
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.