NASDAQ:TIGO

Millicom International Cellular (TIGO) Stock Price, News & Analysis

$23.41
+0.56 (+2.45%)
(As of 05/14/2024 ET)
Today's Range
$22.98
$23.48
50-Day Range
$18.09
$23.41
52-Week Range
$14.46
$23.48
Volume
151,891 shs
Average Volume
86,598 shs
Market Capitalization
$2.38 billion
P/E Ratio
468.20
Dividend Yield
N/A
Price Target
$24.70

Millicom International Cellular MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
5.5% Upside
$24.70 Price Target
Short Interest
Healthy
0.11% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.13mentions of Millicom International Cellular in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.44 out of 5 stars

Computer And Technology Sector

573rd out of 599 stocks

Radiotelephone Communication Industry

7th out of 7 stocks

TIGO stock logo

About Millicom International Cellular Stock (NASDAQ:TIGO)

Millicom International Cellular S.A. provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. The company also operates TIGO Sports for local entertainment; Tigo Money that allows its customers to send and receive money without the need for a bank account; and TIGO ONEtv for pay TV. In addition, it provides fixed services, including broadband and fixed voice; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities. It markets its products and services under the Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.

TIGO Stock Price History

TIGO Stock News Headlines

Millicom (Tigo) share repurchase activity
Millicom (Tigo) Q1 2024 Earnings Release
Millicom International Cellular SA
Millicom (Tigo) share repurchase activity
Harmonic Announces First Quarter 2024 Results
Millicom (Tigo) share repurchase activity
Millicom (Tigo) share repurchase activity
Millicom (Tigo) share repurchase activity
Millicom (Tigo) share repurchase activity
Millicom (Tigo) share repurchase activity
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
5/15/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radiotelephone communication
Sub-Industry
N/A
Current Symbol
NASDAQ:TIGO
Previous Symbol
NASDAQ:MICC
Employees
16,527
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.70
High Stock Price Target
$26.10
Low Stock Price Target
$24.00
Potential Upside/Downside
+5.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-82,000,000.00
Pretax Margin
5.00%

Debt

Sales & Book Value

Annual Sales
$5.78 billion
Cash Flow
$14.54 per share
Book Value
$35.72 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.38 billion
Optionable
Optionable
Beta
1.13
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Key Executives


TIGO Stock Analysis - Frequently Asked Questions

Should I buy or sell Millicom International Cellular stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Millicom International Cellular in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TIGO shares.
View TIGO analyst ratings
or view top-rated stocks.

What is Millicom International Cellular's stock price target for 2024?

6 equities research analysts have issued twelve-month price objectives for Millicom International Cellular's shares. Their TIGO share price targets range from $24.00 to $26.10. On average, they predict the company's stock price to reach $24.70 in the next twelve months. This suggests a possible upside of 5.5% from the stock's current price.
View analysts price targets for TIGO
or view top-rated stocks among Wall Street analysts.

How have TIGO shares performed in 2024?

Millicom International Cellular's stock was trading at $18.00 at the beginning of the year. Since then, TIGO stock has increased by 30.1% and is now trading at $23.41.
View the best growth stocks for 2024 here
.

When is Millicom International Cellular's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our TIGO earnings forecast
.

How were Millicom International Cellular's earnings last quarter?

Millicom International Cellular S.A. (NASDAQ:TIGO) posted its earnings results on Tuesday, February, 27th. The technology company reported ($0.36) EPS for the quarter. The technology company earned $1.48 billion during the quarter. Millicom International Cellular had a trailing twelve-month return on equity of 0.08% and a net margin of 0.12%.

Is Millicom International Cellular a good dividend stock?

Millicom International Cellular (NASDAQ:TIGO) pays an annual dividend of $2.64 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 5,280.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TIGO.

What other stocks do shareholders of Millicom International Cellular own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Millicom International Cellular investors own include Pfizer (PFE), AbbVie (ABBV), AT&T (T), United Parcel Service (UPS), Verizon Communications (VZ), Enbridge (ENB), Enterprise Products Partners (EPD), Altria Group (MO), Target (TGT).

Who are Millicom International Cellular's major shareholders?

Millicom International Cellular's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (0.96%), Gabelli Funds LLC (0.09%), GABELLI & Co INVESTMENT ADVISERS INC. (0.06%), Clifford Capital Partners LLC (0.00%), Balanced Rock Investment Advisors LLC (0.00%) and SG Americas Securities LLC (0.00%).

How do I buy shares of Millicom International Cellular?

Shares of TIGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TIGO) was last updated on 5/15/2024 by MarketBeat.com Staff

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