Cameco Corp Q3 2024 Earnings Call Highlights Strong Operational Performance and Dividend ...
| CCJ Stock | USD 59.45 1.64 2.84% |
Nearly 62% of all Cameco Corp's stakeholders are looking to take a long position. The analysis of overall sentiment of trading Cameco Corp stock suggests that some investors are interested at this time. Cameco Corp's investing sentiment shows overall attitude of investors towards Cameco Corp.
Cameco |
Adjusted EBITDA Nearly 1 billion for the first nine months before acquisition-related adjustments.Dividend Increase From 0.12 in 2023 to 0.16 per common s
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Cameco Corp Current Investor Sentiment
Panic Vs Confidence
62
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Cameco Corp's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Cameco Corp.
News SentimentBullish | Hype SentimentBullish | Insider SentimentWaiting |
Cameco Corp Historical Investor Sentiment
Investor biases related to Cameco Corp's public news can be used to forecast risks associated with an investment in Cameco. The trend in average sentiment can be used to explain how an investor holding Cameco can time the market purely based on public headlines and social activities around Cameco Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cameco Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cameco Corp and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Cameco Corp news discussions. The higher the estimate score, the more favorable the investor's outlook on Cameco Corp.
Cameco Corp Fundamental Analysis
We analyze Cameco Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cameco Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cameco Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
Cameco Corp is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Cameco Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cameco Corp stock to make a market-neutral strategy. Peer analysis of Cameco Corp could also be used in its relative valuation, which is a method of valuing Cameco Corp by comparing valuation metrics with similar companies.
Peers
Cameco Corp Related Equities
| UUUU | Energy Fuels | 6.76 | ||||
| URG | Ur Energy | 3.15 | ||||
| UEC | Uranium Energy | 2.72 | ||||
| DNN | Denison Mines | 2.61 | ||||
| EU | EnCore Energy | 1.89 | ||||
| NXE | NexGen Energy | 1.56 |
Check out Cameco Corp Hype Analysis, Cameco Corp Correlation and Cameco Corp Performance. For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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 (0.95) | Dividend Share 0.12 | Earnings Share 0.18 | Revenue Per Share 6.435 | Quarterly Revenue Growth 0.253 |
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.