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NASDAQ:TIGOMillicom International Cellular Stock Price, Forecast & News

$24.31
-0.29 (-1.18 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$23.75
Now: $24.31
$24.37
50-Day Range
$20.39
MA: $25.27
$30.68
52-Week Range
$20.15
Now: $24.31
$59.19
Volume171,373 shs
Average Volume147,296 shs
Market Capitalization$2.45 billion
P/E Ratio162.07
Dividend Yield10.73%
Beta0.75
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.
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Beat the Market (BTM) Rank

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

Industry Radiotelephone communication
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:TIGO
CUSIPN/A
CIKN/A
Phone352-457-1451

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.34 billion
Cash Flow$10.09 per share
Book Value$23.82 per share

Profitability

Net Income$149 million

Miscellaneous

Employees22,000
Market Cap$2.45 billion
Next Earnings Date7/16/2020 (Estimated)
OptionableNot Optionable

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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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TIGO shares have decreased by 34.7% and is now trading at $24.31. 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 earnings results on Thursday, April, 30th. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.50. The firm earned $1.09 billion during 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 equities research analysts have issued 12 month price targets for Millicom International Cellular's stock. Their forecasts range from $41.00 to $76.00. On average, they expect Millicom International Cellular's share price to reach $55.33 in the next year. This suggests a possible upside of 127.6% from the stock's current price. View analysts' price targets for Millicom International Cellular.

Has Millicom International Cellular been receiving favorable news coverage?

Headlines about TIGO stock have been trending somewhat negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Millicom International Cellular earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company'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 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 volume of 97,200 shares, the days-to-cover ratio is presently 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?

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 Relations
  • Mr. 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 investors 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 institutional 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 institutional investors are buying Millicom International Cellular stock?

TIGO stock was bought 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 $24.31.

How big of a company is Millicom International Cellular?

Millicom International Cellular has a market capitalization of $2.45 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 5/30/2020 by MarketBeat.com Staff

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