Short Call on Analysts Review: Cameco Corporation (NYSE:CCJ), Commercial Metals Company (NYSE:CMC)

Cameco Corporation (NYSE:CCJ) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 10.23% to $11.85. Lets us look over what analysts have to say about performance of the CCJ. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $0.43 as compared to the next year Q1 current trend of $0.06. While on annual basis the current EPS estimates trend for FY 2017 came in for $0.38 as compared to three months ago $0.38.

The stock prices target chart showed high target of 17.21 kept by analysts at WSJ while the average price target was for 11.49 as compared to current price of 11.85. Somehow, the stock managed to gain BUY ratings by 6 analysts in current tenure as 1 analyst having overweight ratings, 3 recommend as HOLD, 1 stands at Underweight and no one gave it as a SELL security for current period. Overall, the consensus ratings were for Overweight by the pool of analysts.

The share price of CCJ attracts active investors, as stock price of week volatility recorded 3.09%. The stock is going forward to its 52-week low with 61.05% and lagging behind from its 52-week high price with -10.23%.

Commercial Metals Company (NYSE:CMC) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 2.31% to close at $21.29 with the total traded volume of 4.94 Million shares. Finally to see some strong financial remarks by WSJ over CMC performance. Out of the pool of analysts 2 gave their BUY ratings on the stock in previous month as 3 analysts having BUY in current month. The stock was ranked as Underweight by 1 analyst while 3 analysts gave SELL rank. Majority ranked Hold from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $0.17 while one month ago this estimate trend was for $0.15. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $1.45 and for the one month was for $1.40 as compared to three months ago was for $1.35. Whereas, CMC receive highest price target of 27 and low target of 14. The stock price target chart showed average price target of 19.55 as compared to current price of 21.29.

The firm has institutional ownership of 90.90%, while insider ownership included 1.70%. Its price to sales ratio ended at 0.53. CMC attains analyst recommendation of 2.80 with week’s performance of -4.45%.

 

About Devon Leftovich

Devon Leftovich is an entrepreneur. He has been writing and editing professionally for over six years. He is admin editor and senior content writer of SWR. However, he has determined to give investors something rare, a dignified partner who can manage money with integrity and a clear conscience about the degree of due diligence behind investment decisions. He said, "I love the financial world because it is like one big puzzle and I hope we the SWR help each other out to solve the puzzle to help us realize our dreams." Interests: Analysis of different Companies; including news and analyst rating updates. He performs analysis of Companies and publicizes important information for investor/traders community. Stocks long-term and short-term holding views, Tech Stocks

Leave a Reply

Your email address will not be published. Required fields are marked *