NASDAQ:TIGOMillicom International Cellular Stock Price, Forecast & 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 $24.60 +1.44 (+6.22 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$23.90Now: $24.60▼$24.9950-Day Range$20.39MA: $25.27▼$30.6852-Week Range$20.15Now: $24.60▼$59.19Volume255,400 shsAverage Volume91,841 shsMarket Capitalization$2.48 billionP/E Ratio164.00Dividend Yield10.73%Beta0.75 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInstitutional OwnershipHeadlinesSocial 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™ 3.4 Analyst's Opinion Consensus RatingMillicom International Cellular has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $55.33, Millicom International Cellular has a potential upside of 124.9% from its current price of $24.60.Amount of Analyst CoverageMillicom International Cellular has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesMillicom International Cellular has received 122 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMillicom International Cellular has received 177 “underperform” votes. (Add your “underperform” vote.)Community SentimentMillicom International Cellular has received 59.20% “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 1.7 Dividend Strength Dividend LeadershipMillicom International Cellular is a leading dividend payer. It pays a dividend yield of 10.73%, 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 EPS estimates, Millicom International Cellular will have a dividend payout ratio of 283.87 % in the coming year. This indicates that Millicom International Cellular may not be able to sustain their current 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 6.97% of the stock of Millicom International Cellular is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Millicom International Cellular are expected to grow by 1,228.57% in the coming year, from $0.07 to $0.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Millicom International Cellular is 164.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Millicom International Cellular is 164.00, 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 40.88.Price to Book Value per Share RatioMillicom International Cellular has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.78 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 Ratio3.00 Current Ratio1.41 Quick Ratio1.39Price-To-Earnings Trailing P/E Ratio164.00 Forward P/E Ratio351.43 P/E GrowthN/A Sales & Book Value Annual Sales$4.34 billion Price / Sales0.57 Cash Flow$10.84 per share Price / Cash Flow2.27 Book Value$23.82 per share Price / Book1.03Profitability EPS (Most Recent Fiscal Year)($0.83) Net Income$149 million Net Margins0.39% Return on Equity-5.40% Return on Assets-1.11%Miscellaneous Employees22,000 Outstanding Shares100,817,000Market Cap$2.48 billion Next Earnings Date7/16/2020 (Estimated) OptionableNot Optionable NASDAQ:TIGO Rates by TradingView 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 been impacted by COVID-19 (Coronavirus)? Millicom International Cellular's stock was trading at $37.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TIGO stock has decreased by 33.9% and is now trading at $24.60. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Millicom International Cellular? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Millicom International Cellular in the last year. There are currently 1 hold rating 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 Thursday, July 16th 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 results on Thursday, April, 30th. The company reported ($0.42) earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.50. The firm had revenue of $1.09 billion for the quarter. Millicom International Cellular had a negative return on equity of 5.40% and a net margin of 0.39%. View Millicom International Cellular's earnings history. What price target have analysts set for TIGO? 4 brokerages have issued twelve-month price targets for Millicom International Cellular's shares. Their forecasts range from $41.00 to $76.00. On average, they anticipate Millicom International Cellular's stock price to reach $55.33 in the next twelve months. This suggests a possible upside of 124.9% from the stock's current price. View analysts' price targets for Millicom International Cellular. Has Millicom International Cellular been receiving favorable news coverage? Media headlines about TIGO stock have been trending negative on Friday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Millicom International Cellular earned a coverage optimism score of -2.6 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutMillicom International Cellular. Are investors shorting Millicom International Cellular? Millicom International Cellular saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 87,100 shares, an increase of 178.3% from the April 30th total of 31,300 shares. Based on an average daily trading volume, of 97,200 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the shares of the company are sold short. View Millicom International Cellular's Current Options Chain. 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), United States Cellular (USM), VEON (VEON), Millicom International Cellular (MIICF), HUTCHISON TELEC/ADR (HTHKY), Partner Communications (PTNR), Cellcom Israel (CEL), NII (NIHD), 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 AbbVie (ABBV), Gilead Sciences (GILD), AT&T (T), Enbridge (ENB), Enterprise Products Partners (EPD), IBM (IBM), Millicom International Cellular (MIICF), Altria Group (MO), 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 a number of retail and institutional investors. Top institutional shareholders include Fiduciary Management Inc. WI (2.41%), Gamco Investors INC. ET AL (0.85%), First Trust Advisors LP (0.49%), Wellington Management Group LLP (0.15%), Gabelli Funds LLC (0.08%) and Geode Capital Management LLC (0.07%). Which major investors are selling Millicom International Cellular stock? TIGO stock was sold by a variety of institutional investors in the last quarter, including Fiduciary Management Inc. WI, Gamco Investors INC. ET AL, Gabelli Funds LLC, Moon Capital Management LP, Beese Fulmer Investment Management Inc., and Parametric Portfolio Associates LLC. Which major investors are buying Millicom International Cellular stock? TIGO stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Geode Capital Management LLC, First Trust Advisors LP, Wellington Management Group LLP, Trexquant Investment LP, JPMorgan Chase & Co., and Wells Fargo & Company MN. 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 $24.60. How big of a company is Millicom International Cellular? Millicom International Cellular has a market capitalization of $2.48 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 5/29/2020 by MarketBeat.com Staff
