- Cameco’s 4th quarter adjusted EPS (Earnings Per Share) was C$0.21, which was less than the estimated C$0.24.
- The revenue generated by Cameco was C$844 million, exceeding the estimated C$781.6 million.
- The company produced 5.7 million lbs of Uranium in the 4th quarter.
- In 2024, Cameco expects its share of adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) to be between $445 million and $510 million.
- Due to the nature of their contracts, Cameco has a clear understanding of when and where they need to deliver material, and they have implemented tools to manage risk independently.
- Cameco credits its strong balance sheet to disciplined execution of strategy and conservative financial management.
- The company believes that Westinghouse is well-positioned for long-term growth, driven by the anticipated global increase in demand for nuclear power.
- Investment advice for Cameco currently stands at 12 buys, 2 holds, and 0 sells.
A look at Cameco Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to the Smartkarma Smart Scores, Cameco Corp has a bright long-term outlook. The company scores a 2 for Value, which suggests that it is trading at a reasonable price and may offer good value for investors. However, it scores a low 1 for Dividend, indicating that it may not offer significant dividends to its shareholders.
Cameco Corp‘s strongest score is a 5 for Growth, meaning that the company has strong potential for future growth. This is supported by its high scores of 4 for Resilience and 5 for Momentum, indicating that it is a financially stable and well-performing company. Overall, these scores suggest that Cameco Corp is a solid investment option for those looking for long-term growth potential.
Cameco Corporation is a global company that specializes in exploring, developing, mining, refining, converting, and fabricating uranium. This valuable resource is used as fuel for generating electricity in nuclear power reactors. With operations worldwide, Cameco Corp is a major player in the uranium market and is well-positioned for future growth and success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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