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NASDAQ:TIGO

Millicom International Cellular - TIGO Stock Forecast, Price & News

$17.35
-0.05 (-0.29%)
(As of 01/27/2023 02:43 PM ET)
Add
Compare
Today's Range
$17.19
▼
$17.59
50-Day Range
$12.56
▼
$18.25
52-Week Range
$10.22
▼
$28.56
Volume
271,531 shs
Average Volume
300,463 shs
Market Capitalization
$1.77 billion
P/E Ratio
2.29
Dividend Yield
N/A
Price Target
$18.83

Millicom International Cellular MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
8.4% Upside
$18.83 Price Target
Short Interest
Healthy
0.20% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.23mentions of Millicom International Cellular in the last 14 days
Based on 4 Articles This Week
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.

1.67 out of 5 stars

Computer And Technology Sector

526th out of 634 stocks

Radiotelephone Communication Industry

7th out of 8 stocks

See Top Rated MarketRank™ Stocks Here

TIGO stock logo

About Millicom International Cellular (NASDAQ:TIGO) Stock

Millicom International Cellular SA engages in the cable and mobile services. It operates through the Latin America and Africa geographical segments. The Latin America segment includes the Guatemala and Honduras joint ventures. The Africa segment comprises of the operations in Tanzania. The company was founded on December 14, 1990 and is headquartered in Luxembourg.

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TIGO Stock News Headlines

January 25, 2023 | finanznachrichten.de
Millicom International Cellular S.A.: Millicom (Tigo) confirms discussions on a potential transaction
January 25, 2023 | finance.yahoo.com
Millicom (Tigo) confirms discussions on a potential transaction
January 27, 2023 | Investing Trends (Ad)
"We need batteries. Literally everywhere."
Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense."
January 24, 2023 | foxnews.com
How to stop your cell phone from dying so fast
January 17, 2023 | americanbankingnews.com
Millicom International Cellular (NASDAQ:TIGO) Rating Increased to Buy at UBS Group
January 16, 2023 | seekingalpha.com
Millicom: Revisiting After 3 Years, Updating My Thesis With A 'Buy'
January 5, 2023 | cnbc.com
Here are the best credit cards for cell phone protection of January 2023
December 13, 2022 | finance.yahoo.com
Should You Invest in Millicom International Cellular S.A. (TIGO)?
January 27, 2023 | Investing Trends (Ad)
"We need batteries. Literally everywhere."
Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense."
December 13, 2022 | seekingalpha.com
Bonhoeffer Capital - Millicom Intl. Cellular: Low Debt Level, 7X Returns In Five Years
November 29, 2022 | finance.yahoo.com
Millicom International Cellular S.A. (NASDAQ:TIGO) most popular amongst individual investors who own 52% of the shares, institutions hold 47%
November 21, 2022 | finance.yahoo.com
Millicom (Tigo) Fintech business Tigo Money and Visa Collaborate to Boost Financial Inclusion Across Latin America
November 21, 2022 | finanznachrichten.de
Millicom International Cellular S.A.: TIGO GUATEMALA ANNOUNCES EARLY TENDER RESULTS, EARLY SETTLEMENT DATE AND EXTENSION OF TOTAL CONSIDERATION
November 21, 2022 | finanznachrichten.de
Millicom International Cellular S.A.: TIGO PARAGUAY ANNOUNCES EARLY TENDER RESULTS AND EARLY SETTLEMENT DATE AND EXTENSION OF TOTAL CONSIDERATION
November 17, 2022 | finance.yahoo.com
7 Cheap Stocks That Wall Street Analysts Still Love
November 4, 2022 | finance.yahoo.com
Millicom announces a Tender Offer by Tigo Guatemala to purchase up to US $90,000,000 in aggregate principal amount of the outstanding Comcel 5.125% senior notes due 2032.
November 4, 2022 | finance.yahoo.com
Millicom (Tigo) announces a Tender Offer by Tigo Paraguay to purchase up to U.S. $55,000,000 in aggregate principal amount of Telecel’s 5.875% senior notes due 2027
November 1, 2022 | finanznachrichten.de
Millicom International Cellular S.A.: Millicom (Tigo) achieves Mansfield Certification Plus, continues commitment to diversity
October 31, 2022 | finanznachrichten.de
Millicom International Cellular S.A.: Millicom (Tigo) announces the Nomination Committee ahead of the 2023 Annual General Meeting
October 28, 2022 | finanznachrichten.de
Millicom International Cellular S.A.: Millicom (Tigo) Third Quarter Results - Staying the Course
October 27, 2022 | msn.com
Millicom Intl Cellular: Q3 Earnings Insights
October 27, 2022 | seekingalpha.com
Millicom International Cellular S.A. (TIGO) Q3 2022 Earnings Call Transcript
October 27, 2022 | finance.yahoo.com
Millicom (Tigo) Third Quarter Results – Staying the Course
October 20, 2022 | finanznachrichten.de
Millicom International Cellular S.A.: Great Place to Work Names Millicom One of the Fortune World's Best Workplaces in 2022, Ranking #5
October 18, 2022 | finance.yahoo.com
Millicom (Tigo) Joins the Alliance for Creativity and Entertainment, Expanding its Anti-Piracy efforts in Latin America
October 15, 2022 | nasdaq.com
Here's What To Make Of Millicom International Cellular's (NASDAQ:TIGO) Decelerating Rates Of Return
September 29, 2022 | finance.yahoo.com
Millicom (Tigo) notice of third quarter 2022 results and video conference
See More Headlines
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TIGO Company Calendar

Last Earnings
10/28/2021
Today
1/27/2023
Next Earnings (Estimated)
2/10/2023
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
20,687
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$18.83
High Stock Price Forecast
$26.30
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+8.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$7.59
Trailing P/E Ratio
2.29
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$590 million
Net Margins
13.65%
Pretax Margin
16.26%
Return on Equity
20.35%
Return on Assets
4.42%

Debt

Debt-to-Equity Ratio
1.88
Current Ratio
1.03
Quick Ratio
0.99

Sales & Book Value

Annual Sales
$4.62 billion
Price / Sales
0.38
Cash Flow
$16.68 per share
Price / Cash Flow
1.04
Book Value
$26.93 per share
Price / Book
0.64

Miscellaneous

Outstanding Shares
101,740,000
Free Float
101,211,000
Market Cap
$1.77 billion
Optionable
Not Optionable
Beta
0.98

Key Executives

  • Mauricio Ramos
    President, CEO & Executive Director
  • Sheldon BruhaSheldon Bruha
    Chief Financial Officer
  • Xavier Charles Rocoplan
    EVP, Chief Technology & Information Officer
  • Salvador Escalon
    Chief Legal & Compliance Officer
  • Esteban Cristian Iriarte
    Chief Operating Officer-Latin America & EVP

Key Competitors

View All Competitors

Insiders & Institutions

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 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TIGO shares.
View TIGO analyst ratings or view top-rated stocks.

What is Millicom International Cellular's stock price forecast for 2023?

5 Wall Street research analysts have issued 1-year price targets for Millicom International Cellular's shares. Their TIGO share price forecasts range from $14.00 to $26.30. On average, they anticipate the company's stock price to reach $18.83 in the next year. This suggests a possible upside of 8.2% 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 beginning of 2023. Since then, TIGO stock has increased by 37.8% and is now trading at $17.40.
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 Friday, February 10th 2023.
View our TIGO earnings forecast.

How were Millicom International Cellular's earnings last quarter?

Millicom International Cellular S.A. (NASDAQ:TIGO) posted its quarterly earnings data on Thursday, October, 28th. The technology company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by $0.38. The technology company had revenue of $1.09 billion for the quarter. Millicom International Cellular had a net margin of 13.65% and a trailing twelve-month return on equity of 20.35%.

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), Primo Water (PRMW) and 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 number of institutional and retail investors. Top institutional shareholders include DAVENPORT & Co LLC (0.06%) and FNY Investment Advisers LLC (0.01%).

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 $17.40.

How much money does Millicom International Cellular make?

Millicom International Cellular (NASDAQ:TIGO) has a market capitalization of $1.77 billion and generates $4.62 billion in revenue each year. The technology company earns $590 million in net income (profit) each year or $7.59 on an earnings per share basis.

How many employees does Millicom International Cellular have?

The company employs 20,687 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 1/27/2023 by MarketBeat.com Staff