NASDAQ:TIGO Millicom International Cellular Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Millicom International Cellular SA Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $31.88 -0.22 (-0.69 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$31.72Now: $31.88▼$32.2150-Day Range$27.26MA: $29.46▼$32.6652-Week Range$20.15Now: $31.88▼$51.88Volume195,800 shsAverage Volume112,930 shsMarket Capitalization$3.21 billionP/E RatioN/ADividend Yield4.11%Beta0.71 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInstitutional OwnershipHeadlinesShort InterestSocial Media 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 fixed services, including broadband, fixed voice, and pay-TV to residential consumers; and mobile, fixed, and value-added services to large, small, and medium businesses, as well as governmental entities As of December 31, 2018, the company served 48.3 million business-to-consumer mobile customers; and 4.1 million connected homes. 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 City, Luxembourg.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingMillicom International Cellular has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $55.33, Millicom International Cellular has a forecasted upside of 71.9% from its current price of $32.19.Amount of Analyst CoverageMillicom International Cellular has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesMillicom International Cellular has received 123 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMillicom International Cellular has received 180 “underperform” votes. (Add your “underperform” vote.)Community SentimentMillicom International Cellular has received 59.41% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Millicom International Cellular and other stocks. Vote “Outperform” if you believe TIGO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TIGO will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipMillicom International Cellular is a leading dividend payer. It pays a dividend yield of 4.11%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMillicom International Cellular does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Millicom International Cellular will have a dividend payout ratio of 39.52% next year. This indicates that Millicom International Cellular will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Millicom International Cellular insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 8.26% of the stock of Millicom International Cellular is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Millicom International Cellular are expected to grow in the coming year, from ($0.34) to $3.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Millicom International Cellular is -22.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Millicom International Cellular is -22.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMillicom International Cellular has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.69 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Radiotelephone communication Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:TIGO Previous Symbol CUSIPN/A CIKN/A Webwww.millicom.com Phone352-457-1451Debt Debt-to-Equity Ratio2.90 Current Ratio1.13 Quick Ratio1.11Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$4.34 billion Price / Sales0.74 Cash Flow$10.12 per share Price / Cash Flow3.15 Book Value$26.58 per share Price / Book1.20Profitability EPS (Most Recent Fiscal Year)($0.83) Net Income$149 million Net Margins-3.34% Return on Equity-8.40% Return on Assets-1.65%Miscellaneous Employees22,000 Outstanding Shares100,817,000Market Cap$3.21 billion Next Earnings Date10/28/2020 (Estimated) OptionableNot Optionable $31.88 -0.22 (-0.69 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive TIGO News and Ratings via Email Sign-up to receive the latest news and ratings for TIGO and its competitors with MarketBeat's FREE daily newsletter. Millicom International Cellular (NASDAQ:TIGO) Frequently Asked Questions How has Millicom International Cellular's stock price been impacted by COVID-19? Millicom International Cellular's stock was trading at $37.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TIGO stock has decreased by 13.8% and is now trading at $32.07. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Millicom International Cellular? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Millicom International Cellular in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Millicom International Cellular. When is Millicom International Cellular's next earnings date? Millicom International Cellular is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020. View our earnings forecast for Millicom International Cellular. How were Millicom International Cellular's earnings last quarter? Millicom International Cellular SA (NASDAQ:TIGO) announced its quarterly earnings data on Thursday, July, 30th. The company reported ($0.87) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by $0.83. The firm had revenue of $970 million for the quarter. Millicom International Cellular had a negative net margin of 3.34% and a negative return on equity of 8.40%. View Millicom International Cellular's earnings history. What price target have analysts set for TIGO? 5 analysts have issued 1-year price objectives for Millicom International Cellular's shares. Their forecasts range from $41.00 to $76.00. On average, they expect Millicom International Cellular's stock price to reach $55.33 in the next year. This suggests a possible upside of 72.5% from the stock's current price. View analysts' price targets for Millicom International Cellular. Are investors shorting Millicom International Cellular? Millicom International Cellular saw a increase in short interest in August. As of August 14th, there was short interest totaling 110,300 shares, an increase of 14.9% from the July 30th total of 96,000 shares. Based on an average daily trading volume, of 137,500 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the company's shares are short sold. View Millicom International Cellular's Short Interest. Who are some of Millicom International Cellular's key competitors? Some companies that are related to Millicom International Cellular include Mobil'nye Telesistemy PAO (MBT), Hellenic Telecom Organization (HLTOY), Millicom International Cellular (MIICF), United States Cellular (USM), VEON (VEON), HUTCHISON TELEC/ADR (HTHKY), Partner Communications (PTNR), Cellcom Israel (CEL), Spok (SPOK), Pharol SGPS (PTGCY) and ZIM (ZIMCF). View all competitors. 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 AT&T (T), AbbVie (ABBV), Altria Group (MO), Enbridge (ENB), Enterprise Products Partners (EPD), Gilead Sciences (GILD), IBM (IBM), Millicom International Cellular (MIICF), Marathon Petroleum (MPC) and Pfizer (PFE). Who are Millicom International Cellular's key executives? Millicom International Cellular's management team includes the following people: Mr. Mauricio Ramos Borrero, Pres & CEO (Age 51)Mr. Timothy Lincoln Pennington BA, Sr. EVP & CFO (Age 59)Mr. Xavier Rocoplan, Exec. VP and Chief Technology & Information Officer (Age 45)Mr. Michel Morin CFA, VP of Investor RelationsMr. Salvador Escalón, Exec. VP & Gen. Counsel (Age 44) 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 many different retail and institutional investors. Top institutional investors include FMR LLC (1.29%), Cove Street Capital LLC (1.03%), First Trust Advisors LP (0.93%), Gamco Investors INC. ET AL (0.76%), California Public Employees Retirement System (0.23%) and Russell Investments Group Ltd. (0.08%). Which major investors are selling Millicom International Cellular stock? TIGO stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Gabelli Funds LLC, Bank of America Corp DE, Beese Fulmer Investment Management Inc., and Oppenheimer Asset Management Inc.. Which major investors are buying Millicom International Cellular stock? TIGO stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, First Trust Advisors LP, California Public Employees Retirement System, Cove Street Capital LLC, Russell Investments Group Ltd., PDT Partners LLC, FNY Investment Advisers LLC, and Morningstar Investment Services LLC. How do I buy shares of Millicom International Cellular? Shares of TIGO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Millicom International Cellular's stock price today? One share of TIGO stock can currently be purchased for approximately $32.07. How big of a company is Millicom International Cellular? Millicom International Cellular has a market capitalization of $3.23 billion and generates $4.34 billion in revenue each year. The company earns $149 million in net income (profit) each year or ($0.83) on an earnings per share basis. Millicom International Cellular employs 22,000 workers across the globe. What is Millicom International Cellular's official website? The official website for Millicom International Cellular is www.millicom.com. How can I contact Millicom International Cellular? Millicom International Cellular's mailing address is 2 RUE DU FORT, BOURBON N4, L-1249. The company can be reached via phone at 352-457-1451 or via email at [email protected] This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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