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S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
NASDAQ:TIGO

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

$15.93
-0.23 (-1.42%)
(As of 09/21/2023 ET)
Compare
Today's Range
$15.92
$16.10
50-Day Range
$15.12
$17.04
52-Week Range
$10.22
$21.15
Volume
88,236 shs
Average Volume
75,020 shs
Market Capitalization
N/A
P/E Ratio
398.25
Dividend Yield
N/A
Price Target
$17.63

Millicom International Cellular MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
10.7% Upside
$17.63 Price Target
Short Interest
Bearish
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.15 out of 5 stars


TIGO stock logo

About Millicom International Cellular (NASDAQ:TIGO) Stock

Millicom 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.

TIGO Price History

TIGO Stock News Headlines

The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
Millicom (Tigo) Q2 2023 Earnings Release
TIGO - Millicom International Cellular S.A.
See More Headlines
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TIGO Company Calendar

Last Earnings
7/27/2023
Today
9/21/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Radiotelephone communication
Sub-Industry
N/A
Current Symbol
NASDAQ:TIGO
Previous Symbol
NASDAQ:MICC
Employees
19,446
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$17.63
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+10.7%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$177 million
Pretax Margin
2.53%

Debt

Sales & Book Value

Annual Sales
$5.62 billion
Cash Flow
$14.35 per share
Book Value
$35.72 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
0.97
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Key Executives

  • Mr. Mauricio Ramos Borrero (Age 55)
    Pres, CEO & Exec. Director
    Comp: $3.23M
  • Mr. Sheldon  BruhaMr. Sheldon Bruha (Age 56)
    Sr. EVP & CFO
    Comp: $1.55M
  • Bart Vanhaeren
    VP of Corp. Fin.
  • Mr. Xavier Rocoplan (Age 49)
    Chief Commercial & Technology Officer
  • Mr. Bruno Nieuwland (Age 51)
    Chief Admin. Officer
  • Mr. Michel Morin CFA
    VP of Investor Relations
  • Mr. Salvador Escalon (Age 48)
    Exec. VP, Chief Legal & Compliance Officer
  • Ms. Vivian K. Kobeh
    Corp. Communications Director
  • Ms. Susy Bobenrieth (Age 58)
    Exec. VP & Chief HR Officer
  • Mr. Karim Lesina (Age 48)
    Exec. VP & Chief External Affairs Officer













TIGO Stock - Frequently Asked Questions

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Millicom International Cellular in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 equities research analysts have issued 1 year price targets for Millicom International Cellular's stock. Their TIGO share price forecasts range from $17.00 to $18.00. On average, they anticipate the company's stock price to reach $17.63 in the next twelve months. This suggests a possible upside of 10.7% 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 26.1% and is now trading at $15.93.
View the best growth stocks for 2023 here
.

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) announced its quarterly earnings data on Thursday, July, 27th. The technology company reported ($0.13) earnings per share (EPS) for the quarter. The technology company had revenue of $1.39 billion for the quarter. Millicom International Cellular had a net margin of 0.11% and a trailing twelve-month return on equity 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."

Who are Millicom International Cellular's major shareholders?

Millicom International Cellular's stock is owned by a variety of institutional and retail investors. Top institutional investors include Gamco Investors INC. ET AL (0.00%), Renaissance Technologies LLC (0.00%), Cove Street Capital LLC (0.00%), Geode Capital Management LLC (0.00%), Gabelli Funds LLC (0.00%) and Morningstar Investment Services 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 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 $15.93.

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 9/22/2023 by MarketBeat.com Staff

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