NASDAQ:TIGO Millicom International Cellular (TIGO) Stock Forecast, Price & News $14.78 -0.63 (-4.09%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$14.68▼$15.0750-Day Range$15.12▼$16.8552-Week Range$10.22▼$21.15Volume144,267 shsAverage Volume135,380 shsMarket CapitalizationN/AP/E Ratio369.50Dividend YieldN/APrice Target$17.63 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Millicom International Cellular MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside19.3% Upside$17.63 Price TargetShort InterestHealthyDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.82 out of 5 stars 2.1 Analyst's Opinion Consensus RatingMillicom International Cellular has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.63, Millicom International Cellular has a forecasted upside of 19.3% from its current price of $14.78.Amount of Analyst CoverageMillicom International Cellular has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverMillicom International Cellular has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Millicom International Cellular has recently decreased by 21.15%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldMillicom International Cellular does not currently pay a dividend.Dividend GrowthMillicom International Cellular does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TIGO. Previous Next 3.0 News and Social Media Coverage News SentimentMillicom International Cellular has a news sentiment score of 1.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Millicom International Cellular this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Millicom International Cellular to their MarketBeat watchlist in the last 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, Millicom International Cellular insiders have not sold or bought any company stock. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Millicom International Cellular is 369.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 118.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Millicom International Cellular is 369.50, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 251.69.Price to Book Value per Share RatioMillicom International Cellular has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Millicom International Cellular (NASDAQ:TIGO) StockMillicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. It also provides cable and other fixed services, including broadband, content, fixed voice, and pay-TV to residential consumers; and fixed, managed services, cloud and security solutions, and value-added services to small, medium, and large businesses, as well as governmental entities. It markets its products and services under Tigo and Tigo Business brands. Millicom International Cellular S.A. was founded in 1990 and is headquartered in Luxembourg.Read More TIGO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TIGO Stock News HeadlinesSeptember 21, 2023 | markets.businessinsider.comScotiabank Sticks to Their Buy Rating for Millicom International Cellular SA (TIGO)September 11, 2023 | finance.yahoo.comHere’s Why Millicom International Cellular S.A. (TIGO) Detracted in Q2October 4, 2023 | Oxford Club (Ad)Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big MoveHe started from nothing and became a multimillionaire...He's now one of the most sought-after trading experts...Yet he operates 858 miles from Wall Street.And now, he's revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.August 31, 2023 | seekingalpha.comMillicom's CEO Mauricio Ramos to step down after 2024 AGMAugust 31, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) announces changes in the Board of Directors and in the executive leadershipAugust 31, 2023 | finance.yahoo.comMillicom (Tigo) announces changes in the Board of Directors and in the executive leadershipAugust 15, 2023 | finance.yahoo.comInvestors in Millicom International Cellular (NASDAQ:TIGO) have unfortunately lost 62% over the last five yearsJuly 28, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) files standard form for notification of major holdingsOctober 4, 2023 | Oxford Club (Ad)Better Than Oil StocksThe best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. July 27, 2023 | seekingalpha.comMillicom International Cellular S.A. 2023 Q2 - Results - Earnings Call PresentationJuly 27, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) Q2 2023 Earnings ReleaseJuly 27, 2023 | finance.yahoo.comMillicom (Tigo) Q2 2023 Earnings ReleaseJuly 25, 2023 | finance.yahoo.comReturns On Capital At Millicom International Cellular (NASDAQ:TIGO) Have StalledJuly 25, 2023 | seekingalpha.comMillicom International Cellular Has Numerous Paths To GrowthJuly 19, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Remuneration of Directors and Executives by distribution of Millicom (Tigo) sharesJuly 19, 2023 | finance.yahoo.comRemuneration of Directors and Executives by distribution of Millicom (Tigo) sharesJuly 12, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) notice of second quarter 2023 results and video conferenceJuly 12, 2023 | finance.yahoo.comMillicom (Tigo) notice of second quarter 2023 results and video conferenceJune 29, 2023 | finance.yahoo.comHere’s Why Millicom International Cellular S.A. (TIGO) Returned 50% in Q1June 28, 2023 | benzinga.comMillicom International Cellular SA Says Co Expects Q2 Service Revenue Of Between $1.27B-$1.3BJune 28, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) updates its financial targetsJune 25, 2023 | finance.yahoo.comHere’s Why You Should Consider Investing in Millicom International Cellular (TIGO)June 24, 2023 | finance.yahoo.comTIGO - Millicom International Cellular S.A.June 22, 2023 | msn.comMillicom International Cellular: There Is Plenty To Fix, But Potential UpsideJune 20, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) to hold the third edition of the Regional Congress of its flagship program Maestr@s Conectad@sJune 20, 2023 | finance.yahoo.comMillicom (Tigo) to hold the third edition of the Regional Congress of its flagship program Maestr@s Conectad@sJune 16, 2023 | finance.yahoo.comUPDATE 2-European shares rise on defensive boost, post best week in 2 monthsSee More Headlines Receive TIGO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Millicom International Cellular and its competitors with MarketBeat's FREE daily newsletter. Email Address TIGO Company Calendar Last Earnings7/27/2023Today10/04/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Radiotelephone communication Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:TIGO Previous SymbolNASDAQ:MICC CUSIPN/A CIK912958 Webwww.millicom.com Phone(522) 775-9021Fax352-2775-9359Employees19,446Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.63 High Stock Price Forecast$18.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+19.3%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.04 Trailing P/E Ratio369.50 Forward P/E RatioN/A P/E GrowthN/ANet Income$177 million Net Margins0.11% Pretax Margin2.53% Return on Equity0.11% Return on Assets0.03% Debt Debt-to-Equity Ratio1.81 Current Ratio0.84 Quick Ratio0.81 Sales & Book Value Annual Sales$5.62 billion Price / SalesN/A Cash Flow$13.44 per share Price / Cash Flow1.10 Book Value$35.72 per share Price / Book0.41Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta0.95 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Mauricio Ramos Borrero (Age 55)CEO & Interim Exec. Chairman Comp: $3.23MMr. Sheldon Bruha (Age 56)Sr. EVP & CFO Comp: $1.55MMr. Maxime Lombardini (Age 58)Pres & COO Bart VanhaerenVP of Corp. Fin.Mr. Xavier Rocoplan (Age 49)Chief Commercial & Technology Officer Mr. Bruno Nieuwland (Age 51)Chief Admin. Officer Mr. Michel Morin CFAVP of Investor RelationsMr. Salvador Escalon (Age 48)Exec. VP, Chief Legal & Compliance Officer Sofia CorralDirector of Corp. CommunicationsMs. Susy Bobenrieth (Age 58)Exec. VP & Chief HR Officer More ExecutivesKey CompetitorsSK TelecomNYSE:SKMAERWINS TechnologiesNASDAQ:AWINWAllegoNYSE:ALLGAppTech PaymentsNASDAQ:APCXWAppTech PaymentsNASDAQ:APCXView All CompetitorsInstitutional OwnershipGoldman Sachs Group Inc.Bought 27,675 shares on 8/15/2023Ownership: 0.000%Citadel Advisors LLCSold 12,000 shares on 8/15/2023Ownership: 0.000%Morningstar Investment Services LLCBought 7,790 shares on 8/14/2023Ownership: 0.000%WINTON GROUP LtdBought 11,835 shares on 8/14/2023Ownership: 0.000%Tower Research Capital LLC TRC Bought 789 shares on 8/14/2023Ownership: 0.000%View All Institutional Transactions TIGO Stock - Frequently Asked Questions Should I buy or sell Millicom International Cellular stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Millicom International Cellular in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TIGO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TIGO, but not buy additional shares or sell existing shares. View TIGO analyst ratings or view top-rated stocks. What is Millicom International Cellular's stock price forecast for 2023? 5 Wall Street analysts have issued twelve-month price targets for Millicom International Cellular's shares. Their TIGO share price forecasts range from $17.00 to $18.00. On average, they expect the company's stock price to reach $17.63 in the next twelve months. This suggests a possible upside of 19.3% 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 2023? Millicom International Cellular's stock was trading at $12.63 at the start of the year. Since then, TIGO stock has increased by 17.0% and is now trading at $14.78. View the best growth stocks for 2023 here. Are investors shorting Millicom International Cellular? Millicom International Cellular saw a decrease in short interest in September. As of September 15th, there was short interest totaling 404,900 shares, a decrease of 21.1% from the August 31st total of 513,500 shares. Based on an average trading volume of 115,400 shares, the days-to-cover ratio is currently 3.5 days. View Millicom International Cellular's Short Interest. When is Millicom International Cellular's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our TIGO earnings forecast. How were Millicom International Cellular's earnings last quarter? Millicom International Cellular S.A. (NASDAQ:TIGO) released its quarterly earnings results on Thursday, July, 27th. The technology company reported ($0.13) EPS for the quarter. The technology company had revenue of $1.39 billion for the quarter. Millicom International Cellular had a trailing twelve-month return on equity of 0.11% and a net margin of 0.11%. 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). What is Millicom International Cellular's stock symbol? Millicom International Cellular trades on the NASDAQ under the ticker symbol "TIGO." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Millicom International Cellular's stock price today? One share of TIGO stock can currently be purchased for approximately $14.78. How many employees does Millicom International Cellular have? The company employs 19,446 workers across the globe. How can I contact Millicom International Cellular? Millicom International Cellular's mailing address is 2 Rue du Fort Bourbon, Luxembourg N4, L-1249. The official website for the company is www.millicom.com. The technology company can be reached via phone at (522) 775-9021, via email at investors@millicom.com, or via fax at 352-2775-9359. This page (NASDAQ:TIGO) was last updated on 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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