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GOOGL   122.66 (-1.56%)
AMZN   121.06 (+0.79%)
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NVDA   400.10 (+2.73%)
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BABA   78.31 (-3.29%)
AMD   125.44 (-1.25%)
T   15.60 (+0.65%)
F   12.62 (+4.38%)
MU   71.94 (-2.69%)
CGC   0.86 (-1.97%)
GE   101.89 (-0.83%)
DIS   87.16 (-1.28%)
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PFE   37.06 (-1.44%)
PYPL   61.40 (+1.96%)
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NASDAQ:TIGO

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

$16.77
-1.21 (-6.73%)
(As of 01:47 PM ET)
Compare
Today's Range
$16.75
$17.25
50-Day Range
$17.07
$19.97
52-Week Range
$10.22
$21.15
Volume
90,216 shs
Average Volume
157,776 shs
Market Capitalization
$1.83 billion
P/E Ratio
12.90
Dividend Yield
N/A
Price Target
$16.33

Millicom International Cellular MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
2.6% Downside
$16.33 Price Target
Short Interest
Bearish
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions 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.

1.12 out of 5 stars

Computer And Technology Sector

601st out of 618 stocks

Radiotelephone Communication Industry

9th out of 9 stocks


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

Is Graphite the New Lithium?
Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.
Millicom Notifies Noteholders of Early Redemption
The Graphite Shortage Story You're Not Being Told
Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.
Millicom: Potential Buyout
TIGO Millicom International Cellular S.A.
See More Headlines
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TIGO Company Calendar

Last Earnings
4/27/2023
Today
5/30/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Radiotelephone communication
Sub-Industry
N/A
Current Symbol
NASDAQ:TIGO
Previous Symbol
NASDAQ:MICC
Employees
19,446
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$16.33
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
-9.2%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
5 Analysts

Profitability

Net Income
$177 million
Pretax Margin
3.19%

Debt

Sales & Book Value

Annual Sales
$5.62 billion
Cash Flow
$14.05 per share
Book Value
$35.72 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.83 billion
Optionable
Not Optionable
Beta
1.01

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













TIGO Stock - Frequently Asked Questions

Should I buy or sell Millicom International Cellular stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Millicom International Cellular in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 brokerages have issued 1 year price objectives for Millicom International Cellular's shares. Their TIGO share price forecasts range from $14.00 to $18.00. On average, they predict the company's share price to reach $16.33 in the next twelve months. This suggests that the stock has a possible downside of 9.2%.
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 42.4% and is now trading at $17.98.
View the best growth stocks for 2023 here
.

Are investors shorting Millicom International Cellular?

Millicom International Cellular saw a increase in short interest in May. As of May 15th, there was short interest totaling 659,400 shares, an increase of 20.1% from the April 30th total of 549,100 shares. Based on an average daily trading volume, of 92,200 shares, the days-to-cover ratio is currently 7.2 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, July 27th 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, April, 27th. The technology company reported $0.02 earnings per share (EPS) for the quarter. The technology company earned $1.37 billion during the quarter. Millicom International Cellular had a net margin of 2.81% and a trailing twelve-month return on equity of 1.05%.

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."

Who are Millicom International Cellular's major shareholders?

Millicom International Cellular's stock is owned by many different institutional and retail investors. Top institutional investors include Brandes Investment Partners LP (0.00%), Gamco Investors INC. ET AL (0.00%), FMR LLC (0.00%), Renaissance Technologies LLC (0.00%), Cove Street Capital LLC (0.18%) and Arrowstreet Capital Limited Partnership (0.16%).

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 $17.98.

How much money does Millicom International Cellular make?

Millicom International Cellular (NASDAQ:TIGO) has a market capitalization of $1.83 billion and generates $5.62 billion in revenue each year. The technology company earns $177 million in net income (profit) each year or $1.30 on an earnings per share basis.

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 5/30/2023 by MarketBeat.com Staff

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