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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Millicom International Cellular in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TIGO shares. View TIGO analyst ratings or view top-rated stocks .

What is Millicom International Cellular's stock price target for 2024?

6 brokerages have issued 12 month price targets for Millicom International Cellular's stock. Their TIGO share price targets range from $24.00 to $26.10. On average, they predict the company's stock price to reach $24.70 in the next year. This suggests a possible upside of 23.1% 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 2024?

Millicom International Cellular's stock was trading at $18.00 at the start of the year. Since then, TIGO shares have increased by 11.4% and is now trading at $20.06. View the best growth stocks for 2024 here .

Are investors shorting Millicom International Cellular?

Millicom International Cellular saw a increase in short interest in March. As of March 31st, there was short interest totaling 134,800 shares, an increase of 36.0% from the March 15th total of 99,100 shares. Based on an average daily volume of 84,500 shares, the short-interest ratio is presently 1.6 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, April 25th 2024. View our TIGO earnings forecast .

How were Millicom International Cellular's earnings last quarter?

Millicom International Cellular S.A. (NASDAQ:TIGO) announced its quarterly earnings results on Tuesday, February, 27th. The technology company reported ($0.36) earnings per share (EPS) for the quarter. The technology company earned $1.48 billion during the quarter. Millicom International Cellular had a negative trailing twelve-month return on equity of 2.41% and a negative net margin of 1.45%.

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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:TIGO

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

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$20.06

+0.06 (+0.30%)

(As of 02:29 PM ET)

Compare

Today's Range: $19.92
▼
$20.13
50-Day Range: $15.59
▼
$20.65
52-Week Range: $14.46
▼
$20.81

Volume: 40,037 shs
Average Volume: 80,755 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $24.70

Get Millicom International Cellular alerts:

Millicom International Cellular MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 23.1% Upside
$24.70 Price Target
Short Interest: Bearish
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.29
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.51 out of 5 stars

2.4

Analyst's Opinion

Consensus Rating
Millicom International Cellular has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Millicom International Cellular has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Millicom International Cellular has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Millicom International Cellular has recently increased by 36.02%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Millicom International Cellular does not currently pay a dividend.
Dividend Growth
Millicom International Cellular does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TIGO.

1.8

News and Social Media Coverage

News Sentiment
Millicom International Cellular has a news sentiment score of 0.29. 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 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Millicom International Cellular this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 1 people have added Millicom International Cellular to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Millicom International Cellular insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.52% of the stock of Millicom International Cellular is held by insiders.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Millicom International Cellular is -42.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Millicom International Cellular is -42.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Millicom International Cellular has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Millicom International Cellular Stock (NASDAQ:TIGO)

Millicom International Cellular S.A. provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. The company also operates TIGO Sports for local entertainment; Tigo Money that allows its customers to send and receive money without the need for a bank account; and TIGO ONEtv for pay TV. In addition, it provides fixed services, including broadband and fixed voice; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities. It markets its products and services under the Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.

TIGO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TIGO Stock News Headlines

April 15, 2024 | americanbankingnews.com

Millicom International Cellular S.A. (NASDAQ:TIGO) Sees Large Increase in Short Interest

April 14, 2024 | americanbankingnews.com

Millicom International Cellular (NASDAQ:TIGO) Price Target Raised to $24.00

April 19, 2024 | Stansberry Research (Ad)

Strange new buyer driving up gold

One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

April 13, 2024 | americanbankingnews.com

Millicom International Cellular (NASDAQ:TIGO) PT Raised to $24.00

April 12, 2024 | globenewswire.com

Millicom (Tigo) share repurchase activity

April 5, 2024 | globenewswire.com

Millicom (Tigo) share repurchase activity

April 4, 2024 | finance.yahoo.com

Institutional investors have a lot riding on Millicom International Cellular S.A. (NASDAQ:TIGO) with 47% ownership

April 2, 2024 | globenewswire.com

Millicom (Tigo) completes issuance of 7.375% $450 million Senior Notes due 2032

April 19, 2024 | Stansberry Research (Ad)

Strange new buyer driving up gold

One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

March 28, 2024 | globenewswire.com

Millicom (Tigo) share repurchase activity

March 27, 2024 | globenewswire.com

Remuneration of Executives by distribution of Millicom (Tigo) shares

March 25, 2024 | globenewswire.com

Millicom (Tigo) announces proposed Offering of Senior Notes due 2032

March 25, 2024 | msn.com

Millicom International Cellular CFO steps down, promotes Bart Vanhaeren as CFO

March 22, 2024 | globenewswire.com

Millicom (Tigo) announces a new appointment in its executive team

March 22, 2024 | globenewswire.com

Millicom (Tigo) share repurchase activity

March 16, 2024 | finance.yahoo.com

TIGO Oct 2024 15.000 put

March 16, 2024 | finance.yahoo.com

TIGO Apr 2024 17.500 call

March 16, 2024 | finance.yahoo.com

Millicom International Cellular S.A.: Millicom Earnings: Cost-Cutting Efforts Hit Margins but Should Drive Future Cash Flows

March 15, 2024 | globenewswire.com

Millicom (Tigo) share repurchase activity

March 14, 2024 | bloomberg.com

Hackers Roil Entire Industries With Attacks on IT Supply Chain

March 12, 2024 | globenewswire.com

Millicom (Tigo) releases the 2023 Annual Report

March 9, 2024 | globenewswire.com

Millicom (Tigo) share repurchase activity

March 1, 2024 | globenewswire.com

Millicom (Tigo) share repurchase activity

March 1, 2024 | globenewswire.com

Remuneration of Directors and Executives by distribution of Millicom (Tigo) shares

February 29, 2024 | seekingalpha.com

Millicom International Cellular S.A. (TIGO) Q4 2023 Earnings Call Transcript

February 28, 2024 | msn.com

HSBC Upgrades Millicom International Cellular (TIGO)

February 28, 2024 | finance.yahoo.com

Millicom International Cellular S.A. (NASDAQ:TIGO) Q4 2023 Earnings Call Transcript

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/19/2024
Next Earnings (Estimated): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Radiotelephone communication
Sub-Industry: N/A
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: 16,527
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $24.70
High Stock Price Target: $26.10
Low Stock Price Target: $24.00
Potential Upside/Downside: +23.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.47)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-82,000,000.00
Net Margins: -1.45%
Pretax Margin: 3.09%
Return on Equity: -2.41%
Return on Assets: -0.59%

Debt

Debt-to-Equity Ratio: 1.88
Current Ratio: 0.82
Quick Ratio: 0.80

Sales & Book Value

Annual Sales: $5.66 billion
Price / Sales: N/A
Cash Flow: $14.31 per share
Price / Cash Flow: 1.40
Book Value: $35.72 per share
Price / Book: 0.56

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Optionable
Beta: 1.15

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Key Executives

Mr. Mauricio Ramos Borrero (Age 56)
CEO & Interim Executive Chairman
Comp: $2.86M
Mr. Sheldon Bruha (Age 57)
Senior EVP & CFO
Comp: $1.45M
Mr. Maxime Lombardini (Age 59)
President & COO
Mr. Bart Vanhaeren
Vice President of Corporate Finance
Mr. Xavier Rocoplan (Age 50)
Chief Commercial & Technology Officer
Mr. Bruno Nieuwland (Age 52)
Chief Administrative Officer
Mr. Michel Morin CFA
Vice President of Investor Relations
Mr. Salvador Escalon (Age 49)
Executive VP, Chief Legal & Compliance Officer
Sofia Corral
Director of Corporate Communications
Mr. Karim Lesina (Age 49)
Executive VP & Chief External Affairs Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TIGO Stock Analysis - Frequently Asked Questions

Should I buy or sell Millicom International Cellular stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Millicom International Cellular in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TIGO shares.
View TIGO analyst ratings or view top-rated stocks.
What is Millicom International Cellular's stock price target for 2024?: 6 brokerages have issued 12 month price targets for Millicom International Cellular's stock. Their TIGO share price targets range from $24.00 to $26.10. On average, they predict the company's stock price to reach $24.70 in the next year. This suggests a possible upside of 23.1% 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 2024?: Millicom International Cellular's stock was trading at $18.00 at the start of the year. Since then, TIGO shares have increased by 11.4% and is now trading at $20.06.
View the best growth stocks for 2024 here.
Are investors shorting Millicom International Cellular?: Millicom International Cellular saw a increase in short interest in March. As of March 31st, there was short interest totaling 134,800 shares, an increase of 36.0% from the March 15th total of 99,100 shares. Based on an average daily volume of 84,500 shares, the short-interest ratio is presently 1.6 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, April 25th 2024.
View our TIGO earnings forecast.
How were Millicom International Cellular's earnings last quarter?: Millicom International Cellular S.A. (NASDAQ:TIGO) announced its quarterly earnings results on Tuesday, February, 27th. The technology company reported ($0.36) earnings per share (EPS) for the quarter. The technology company earned $1.48 billion during the quarter. Millicom International Cellular had a negative trailing twelve-month return on equity of 2.41% and a negative net margin of 1.45%.
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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TIGO) was last updated on 4/19/2024 by MarketBeat.com Staff

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

Millicom International Cellular MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Millicom International Cellular Stock (NASDAQ:TIGO)

TIGO Stock Price History

TIGO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

TIGO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™