NASDAQ:TIGO Millicom International Cellular (TIGO) Stock Forecast, Price & News $16.77 -1.21 (-6.73%) (As of 01:47 PM ET) Add Compare Share Share Today's Range$16.75▼$17.2550-Day Range$17.07▼$19.9752-Week Range$10.22▼$21.15Volume90,216 shsAverage Volume157,776 shsMarket Capitalization$1.83 billionP/E Ratio12.90Dividend YieldN/APrice Target$16.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Millicom International Cellular MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside2.6% Downside$16.33 Price TargetShort InterestBearishDividend StrengthN/ASustainabilityN/ANews Sentiment0.58Based 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.1.12 out of 5 starsComputer And Technology Sector601st out of 618 stocksRadiotelephone Communication Industry9th out of 9 stocks 1.1 Analyst's Opinion Consensus RatingMillicom International Cellular has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.33, Millicom International Cellular has a forecasted downside of 2.6% from its current price of $16.77.Amount of Analyst CoverageMillicom International Cellular has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverMillicom International Cellular has a short interest ratio ("days to cover") of 7.2.Change versus previous monthShort interest in Millicom International Cellular has recently increased by 20.09%, indicating that investor sentiment is decreasing 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 2.0 News and Social Media Coverage News SentimentMillicom International Cellular has a news sentiment score of 0.58. 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 news sentiment score is similar to the average news sentiment 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 InterestOnly 1 people have searched for TIGO on MarketBeat in the last 30 days. This is a decrease of 0% 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 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 12.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Millicom International Cellular is 12.90, 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 302.85.Price to Book Value per Share RatioMillicom International Cellular has a P/B Ratio of 0.47. 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 HeadlinesMay 19, 2023 | finance.yahoo.comMillicom International Cellular S.A. (NASDAQ:TIGO) is favoured by institutional owners who hold 53% of the companyMay 11, 2023 | msn.comMillicom International Cellular: Underlying Business Seems To Be ImprovingMay 30, 2023 | Edge On The Street (Ad)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.May 11, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Millicom Notifies Noteholders of Early RedemptionMay 10, 2023 | finance.yahoo.comMillicom Notifies Noteholders of Early RedemptionApril 29, 2023 | seekingalpha.comMillicom International Cellular S.A. 2023 Q1 - Results - Earnings Call PresentationApril 27, 2023 | benzinga.comMillicom International Cellular shares are trading lower after the company reported worse-than-expected Q1 earnings results.April 27, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) continued strong mobile performance in Q1May 30, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite 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. April 27, 2023 | finance.yahoo.comMillicom (Tigo) continued strong mobile performance in Q1April 26, 2023 | americanbankingnews.comMillicom International Cellular (TIGO) to Release Earnings on ThursdayApril 19, 2023 | finance.yahoo.comMillicom International Cellular S.A. (NASDAQ:TIGO) Not Lagging Market On Growth Or PricingApril 18, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) notice of first quarter 2023 results and video conferenceApril 18, 2023 | finance.yahoo.comMillicom (Tigo) notice of first quarter 2023 results and video conferenceApril 11, 2023 | seekingalpha.comMillicom: Potential BuyoutApril 11, 2023 | finance.yahoo.comShould You Sell Millicom International Cellular S.A. (TIGO)?April 8, 2023 | americanbankingnews.comContrasting Millicom International Cellular (NASDAQ:TIGO) & Partner Communications (NASDAQ:PTNRY)March 30, 2023 | americanbankingnews.comFinancial Comparison: Millicom International Cellular (NASDAQ:TIGO) and Partner Communications (NASDAQ:PTNRY)March 29, 2023 | finance.yahoo.comShould You Investigate Millicom International Cellular S.A. (NASDAQ:TIGO) At US$18.09?March 23, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo) announces a change in the Nomination Committee ahead of the 2023 Annual General MeetingMarch 22, 2023 | americanbankingnews.comHead to Head Comparison: Millicom International Cellular (NASDAQ:TIGO) vs. Partner Communications (NASDAQ:PTNRY)March 13, 2023 | finance.yahoo.comWill Millicom International Cellular S.A. (TIGO) be Able to Meet Targets?March 8, 2023 | finance.yahoo.comShareholders in Millicom International Cellular (NASDAQ:TIGO) are in the red if they invested five years agoMarch 1, 2023 | finanznachrichten.deMillicom International Cellular S.A.: Millicom (Tigo)'s 2022 Annual Report showcases a solid year and strong foundation for continued growthMarch 1, 2023 | finance.yahoo.comMillicom (Tigo)’s 2022 Annual Report showcases a solid year and strong foundation for continued growthFebruary 18, 2023 | seekingalpha.comTIGO Millicom International Cellular S.A.February 15, 2023 | finance.yahoo.comReturns At Millicom International Cellular (NASDAQ:TIGO) Are On The Way UpSee 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 Earnings4/27/2023Today5/30/2023Next Earnings (Estimated)7/27/2023Fiscal 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) 775-9021Fax352-2775-9359Employees19,446Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.25 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.30 Trailing P/E Ratio13.83 Forward P/E RatioN/A P/E GrowthN/ANet Income$177 million Net Margins2.81% Pretax Margin3.19% Return on Equity1.05% Return on Assets0.27% Debt Debt-to-Equity Ratio1.84 Current Ratio0.93 Quick Ratio0.90 Sales & Book Value Annual Sales$5.62 billion Price / SalesN/A Cash Flow$14.05 per share Price / Cash Flow1.28 Book Value$35.72 per share Price / Book0.50Miscellaneous Outstanding SharesN/AFree FloatN/AMarket Cap$1.83 billion OptionableNot Optionable Beta1.01 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:PTNRYMobile TeleSystems Public Joint StockNYSE:MBTFastlyNYSE:FSLYHarmonicNASDAQ:HLITView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Sold 13,447 shares on 5/18/2023Ownership: 0.000%Rockefeller Capital Management L.P.Sold 55,175 shares on 5/17/2023Ownership: 0.000%Geode Capital Management LLCBought 704 shares on 5/16/2023Ownership: 0.129%Jane Street Group LLCSold 10,734 shares on 5/16/2023Ownership: 0.084%Balyasny Asset Management L.P.Bought 6,385 shares on 5/16/2023Ownership: 0.017%View All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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