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S&P 500   4,229.45
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[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
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How You Can Beat the Yields on near 5% Treasuries, plus Upside
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
3 Quality Stocks On Track for Significant Dividend Increases
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[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
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This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
NASDAQ:TIGO

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

$14.78
-0.63 (-4.09%)
(As of 10/3/2023 ET)
Compare
Today's Range
$14.68
▼
$15.07
50-Day Range
$15.12
▼
$16.85
52-Week Range
$10.22
▼
$21.15
Volume
144,267 shs
Average Volume
135,380 shs
Market Capitalization
N/A
P/E Ratio
369.50
Dividend Yield
N/A
Price Target
$17.63
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

Millicom International Cellular MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
19.3% Upside
$17.63 Price Target
Short Interest
Healthy
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.

1.82 out of 5 stars

See Top Rated MarketRank™ Stocks Here

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

September 21, 2023 | markets.businessinsider.com
Scotiabank Sticks to Their Buy Rating for Millicom International Cellular SA (TIGO)
September 11, 2023 | finance.yahoo.com
Here’s Why Millicom International Cellular S.A. (TIGO) Detracted in Q2
October 4, 2023 | Oxford Club (Ad)
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move
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August 31, 2023 | seekingalpha.com
Millicom's CEO Mauricio Ramos to step down after 2024 AGM
August 31, 2023 | finanznachrichten.de
Millicom International Cellular S.A.: Millicom (Tigo) announces changes in the Board of Directors and in the executive leadership
August 31, 2023 | finance.yahoo.com
Millicom (Tigo) announces changes in the Board of Directors and in the executive leadership
August 15, 2023 | finance.yahoo.com
Investors in Millicom International Cellular (NASDAQ:TIGO) have unfortunately lost 62% over the last five years
July 28, 2023 | finanznachrichten.de
Millicom International Cellular S.A.: Millicom (Tigo) files standard form for notification of major holdings
October 4, 2023 | Oxford Club (Ad)
Better Than Oil Stocks
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. 
July 27, 2023 | seekingalpha.com
Millicom International Cellular S.A. 2023 Q2 - Results - Earnings Call Presentation
July 27, 2023 | finanznachrichten.de
Millicom International Cellular S.A.: Millicom (Tigo) Q2 2023 Earnings Release
July 27, 2023 | finance.yahoo.com
Millicom (Tigo) Q2 2023 Earnings Release
July 25, 2023 | finance.yahoo.com
Returns On Capital At Millicom International Cellular (NASDAQ:TIGO) Have Stalled
July 25, 2023 | seekingalpha.com
Millicom International Cellular Has Numerous Paths To Growth
July 19, 2023 | finanznachrichten.de
Millicom International Cellular S.A.: Remuneration of Directors and Executives by distribution of Millicom (Tigo) shares
July 19, 2023 | finance.yahoo.com
Remuneration of Directors and Executives by distribution of Millicom (Tigo) shares
July 12, 2023 | finanznachrichten.de
Millicom International Cellular S.A.: Millicom (Tigo) notice of second quarter 2023 results and video conference
July 12, 2023 | finance.yahoo.com
Millicom (Tigo) notice of second quarter 2023 results and video conference
June 29, 2023 | finance.yahoo.com
Here’s Why Millicom International Cellular S.A. (TIGO) Returned 50% in Q1
June 28, 2023 | benzinga.com
Millicom International Cellular SA Says Co Expects Q2 Service Revenue Of Between $1.27B-$1.3B
June 28, 2023 | finanznachrichten.de
Millicom International Cellular S.A.: Millicom (Tigo) updates its financial targets
June 25, 2023 | finance.yahoo.com
Here’s Why You Should Consider Investing in Millicom International Cellular (TIGO)
June 24, 2023 | finance.yahoo.com
TIGO - Millicom International Cellular S.A.
June 22, 2023 | msn.com
Millicom International Cellular: There Is Plenty To Fix, But Potential Upside
June 20, 2023 | finanznachrichten.de
Millicom International Cellular S.A.: Millicom (Tigo) to hold the third edition of the Regional Congress of its flagship program Maestr@s Conectad@s
June 20, 2023 | finance.yahoo.com
Millicom (Tigo) to hold the third edition of the Regional Congress of its flagship program Maestr@s Conectad@s
June 16, 2023 | finance.yahoo.com
UPDATE 2-European shares rise on defensive boost, post best week in 2 months
See More Headlines
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TIGO Company Calendar

Last Earnings
7/27/2023
Today
10/04/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Radiotelephone communication
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:TIGO
Previous Symbol
NASDAQ:MICC
CUSIP
N/A
CIK
912958
Web
www.millicom.com
Phone
(522) 775-9021
Fax
352-2775-9359
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
+19.3%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.04
Trailing P/E Ratio
369.50
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$177 million
Net Margins
0.11%
Pretax Margin
2.53%
Return on Equity
0.11%
Return on Assets
0.03%

Debt

Debt-to-Equity Ratio
1.81
Current Ratio
0.84
Quick Ratio
0.81

Sales & Book Value

Annual Sales
$5.62 billion
Price / Sales
N/A
Cash Flow
$13.44 per share
Price / Cash Flow
1.10
Book Value
$35.72 per share
Price / Book
0.41

Miscellaneous

Outstanding Shares
N/A
Free Float
N/A
Market Cap
N/A
Optionable
Not Optionable
Beta
0.95
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Key Executives

  • Mr. Mauricio Ramos Borrero (Age 55)
    CEO & Interim Exec. Chairman
    Comp: $3.23M
  • Mr. Sheldon BruhaMr. Sheldon Bruha (Age 56)
    Sr. EVP & CFO
    Comp: $1.55M
  • Mr. Maxime Lombardini (Age 58)
    Pres & COO
  • 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
  • Sofia Corral
    Director of Corp. Communications
  • Ms. Susy Bobenrieth (Age 58)
    Exec. VP & Chief HR Officer

Key Competitors

View All Competitors

Institutional Ownership

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

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