Media coverage about Cameco Corporation (NYSE:CCJ) (TSE:CCO) has been trending somewhat negative recently, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cameco Corporation earned a news sentiment score of -0.05 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 47.6491095125503 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern’s rankings:
- Active Stock Picking: Cameco Corp (CCJ) – AppsforPCdaily (appsforpcdaily.com)
- Cameco Corporation (NYSE: CCJ) – Eye-Catching Shares – Alpha Beta Stock (alphabetastock.com)
- What does Average Directional Index Predict about Cameco Corporation (NYSE:CCJ)? – The Oracle Examiner (oracleexaminer.com)
Cameco Corporation (NYSE:CCJ) (TSE:CCO) last posted its earnings results on Friday, October 27th. The basic materials company reported ($0.10) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.20). The firm had revenue of $486.00 million for the quarter, compared to the consensus estimate of $486.84 million. Cameco Corporation had a negative return on equity of 0.69% and a negative net margin of 13.04%. The business’s revenue was down 27.5% on a year-over-year basis. During the same period last year, the company posted $0.30 EPS.
The company also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be issued a dividend of $0.078 per share. This represents a $0.31 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date of this dividend is Thursday, December 28th. Cameco Corporation’s dividend payout ratio (DPR) is presently -57.14%.
A number of analysts have recently weighed in on the company. Zacks Investment Research upgraded Cameco Corporation from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a research report on Monday, October 16th. Bank of America Corporation increased their price target on Cameco Corporation from $27.00 to $29.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 4th. Scotiabank cut Cameco Corporation from a “sector perform” rating to an “underperform” rating in a research report on Tuesday, October 3rd. Credit Suisse Group cut Cameco Corporation from a “neutral” rating to an “underperform” rating in a research report on Monday, July 17th. Finally, Royal Bank Of Canada dropped their price target on Cameco Corporation from $17.00 to $16.00 and set an “outperform” rating on the stock in a research report on Friday, October 20th. Four research analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $15.22.
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Cameco Corporation Company Profile
Cameco Corporation (Cameco) is a uranium producer. The Company is primarily engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: uranium, fuel services and NUKEM.
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