NASDAQ:TIGO Millicom International Cellular - TIGO Stock Forecast, Price & News Adding Choose a watchlist: 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 S.A. Please log in to your account or sign up in order to add this asset to your watchlist. $17.35 -0.05 (-0.29%) (As of 01/27/2023 02:43 PM ET) Add Compare Share Share Today's Range$17.19▼$17.5950-Day Range$12.56▼$18.2552-Week Range$10.22▼$28.56Volume271,531 shsAverage Volume300,463 shsMarket Capitalization$1.77 billionP/E Ratio2.29Dividend YieldN/APrice Target$18.83 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Millicom International Cellular MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside8.4% Upside$18.83 Price TargetShort InterestHealthy0.20% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.23Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 starsComputer And Technology Sector526th out of 634 stocksRadiotelephone Communication Industry7th out of 8 stocks 1.3 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 $18.83, Millicom International Cellular has a forecasted upside of 8.4% from its current price of $17.36.Amount of Analyst CoverageMillicom International Cellular has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.20% of the outstanding shares of Millicom International Cellular have been sold short.Short Interest Ratio / Days to CoverMillicom International Cellular has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Millicom International Cellular has recently decreased by 16.41%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldMillicom International Cellular does not currently pay a dividend.Dividend GrowthMillicom International Cellular does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TIGO. Previous Next 2.3 News and Social Media Coverage News SentimentMillicom International Cellular has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Millicom International Cellular this week, compared to 2 articles on an average week.Search Interest2 people have searched for TIGO on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Millicom International Cellular to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. 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 InsidersOnly 0.52% of the stock of Millicom International Cellular is held by insiders.Percentage Held by InstitutionsOnly 18.68% of the stock of Millicom International Cellular is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Millicom International Cellular is 2.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Millicom International Cellular is 2.29, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 346.32.Price to Book Value per Share RatioMillicom International Cellular has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Millicom International Cellular (NASDAQ:TIGO) StockMillicom 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.Read More Receive TIGO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Millicom International Cellular and its competitors with MarketBeat's FREE daily newsletter. Email Address TIGO Stock News HeadlinesJanuary 25, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) confirms discussions on a potential transactionJanuary 25, 2023 | finance.yahoo.comMillicom (Tigo) confirms discussions on a potential transactionJanuary 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.comHow to stop your cell phone from dying so fastJanuary 17, 2023 | americanbankingnews.comMillicom International Cellular (NASDAQ:TIGO) Rating Increased to Buy at UBS GroupJanuary 16, 2023 | seekingalpha.comMillicom: Revisiting After 3 Years, Updating My Thesis With A 'Buy'January 5, 2023 | cnbc.comHere are the best credit cards for cell phone protection of January 2023December 13, 2022 | finance.yahoo.comShould 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.comBonhoeffer Capital - Millicom Intl. Cellular: Low Debt Level, 7X Returns In Five YearsNovember 29, 2022 | finance.yahoo.comMillicom 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.comMillicom (Tigo) Fintech business Tigo Money and Visa Collaborate to Boost Financial Inclusion Across Latin AmericaNovember 21, 2022 | finanznachrichten.deMillicom International Cellular S.A.: TIGO GUATEMALA ANNOUNCES EARLY TENDER RESULTS, EARLY SETTLEMENT DATE AND EXTENSION OF TOTAL CONSIDERATIONNovember 21, 2022 | finanznachrichten.deMillicom International Cellular S.A.: TIGO PARAGUAY ANNOUNCES EARLY TENDER RESULTS AND EARLY SETTLEMENT DATE AND EXTENSION OF TOTAL CONSIDERATIONNovember 17, 2022 | finance.yahoo.com7 Cheap Stocks That Wall Street Analysts Still LoveNovember 4, 2022 | finance.yahoo.comMillicom 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.comMillicom (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 2027November 1, 2022 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) achieves Mansfield Certification Plus, continues commitment to diversityOctober 31, 2022 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) announces the Nomination Committee ahead of the 2023 Annual General MeetingOctober 28, 2022 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) Third Quarter Results - Staying the CourseOctober 27, 2022 | msn.comMillicom Intl Cellular: Q3 Earnings InsightsOctober 27, 2022 | seekingalpha.comMillicom International Cellular S.A. (TIGO) Q3 2022 Earnings Call TranscriptOctober 27, 2022 | finance.yahoo.comMillicom (Tigo) Third Quarter Results – Staying the CourseOctober 20, 2022 | finanznachrichten.deMillicom International Cellular S.A.: Great Place to Work Names Millicom One of the Fortune World's Best Workplaces in 2022, Ranking #5October 18, 2022 | finance.yahoo.comMillicom (Tigo) Joins the Alliance for Creativity and Entertainment, Expanding its Anti-Piracy efforts in Latin AmericaOctober 15, 2022 | nasdaq.comHere's What To Make Of Millicom International Cellular's (NASDAQ:TIGO) Decelerating Rates Of ReturnSeptember 29, 2022 | finance.yahoo.comMillicom (Tigo) notice of third quarter 2022 results and video conferenceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TIGO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Millicom International Cellular and its competitors with MarketBeat's FREE daily newsletter. Email Address TIGO Company Calendar Last Earnings10/28/2021Today1/27/2023Next Earnings (Estimated)2/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Radiotelephone communication Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:TIGO Previous SymbolNASDAQ:MICC CUSIPN/A CIK912958 Webwww.millicom.com Phone(522) 775-9021Fax352-2775-9359Employees20,687Year FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$7.59 Trailing P/E Ratio2.29 Forward P/E RatioN/A P/E GrowthN/ANet Income$590 million Net Margins13.65% Pretax Margin16.26% Return on Equity20.35% Return on Assets4.42% Debt Debt-to-Equity Ratio1.88 Current Ratio1.03 Quick Ratio0.99 Sales & Book Value Annual Sales$4.62 billion Price / Sales0.38 Cash Flow$16.68 per share Price / Cash Flow1.04 Book Value$26.93 per share Price / Book0.64Miscellaneous Outstanding Shares101,740,000Free Float101,211,000Market Cap$1.77 billion OptionableNot Optionable Beta0.98 Key ExecutivesMauricio RamosPresident, CEO & Executive DirectorSheldon BruhaChief Financial OfficerXavier Charles RocoplanEVP, Chief Technology & Information OfficerSalvador EscalonChief Legal & Compliance OfficerEsteban Cristian IriarteChief Operating Officer-Latin America & EVPKey CompetitorsUnited States CellularNYSE:USMPartner CommunicationsNASDAQ:PTNRMobile TeleSystems Public Joint StockNYSE:MBTCSG Systems InternationalNASDAQ:CSGSVertexNASDAQ:VERXView All CompetitorsInsiders & InstitutionsDAVENPORT & Co LLCSold 19,732 shares on 1/20/2023Ownership: 0.064%FNY Investment Advisers LLCBought 14,551 shares on 1/10/2023Ownership: 0.014%Balyasny Asset Management LLCBought 12,228 shares on 11/16/2022Ownership: 0.012%BlackRock Inc.Bought 16,229 shares on 11/15/2022Ownership: 0.017%Pathstone Family Office LLCBought 10,156 shares on 11/15/2022Ownership: 0.010%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 Get 30 Days of MarketBeat All Access Free 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 from 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. 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