We're taking a closer look at Cameco today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved 2.9% compared to -1.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
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Cameco Corporation provides uranium for the generation of electricity.
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Cameco has moved 65.3% over the last year compared to 29.5% for the S&P 500 -- a difference of 35.8%
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CCJ has an average analyst rating of buy and is -24.01% away from its mean target price of $54.1 per share
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Its trailing 12 month earnings per share (EPS) is $0.62
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Cameco has a trailing 12 month Price to Earnings (P/E) ratio of 66.3 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $1.22 and its forward P/E ratio is 33.7
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CCJ has a Price to Earnings Growth (PEG) ratio of 1.14, which shows the company is fairly valued compared to its earnings.
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The company has a Price to Book (P/B) ratio of 2.93 in contrast to the S&P 500's average ratio of 2.95
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Cameco is part of the Basic Materials sector, which has an average P/E ratio of 16.53 and an average P/B of 2.07
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Cameco has on average reported free cash flows of $435.06 Million over the last four years, during which time they have grown by an an average of -13.6%
