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NASDAQ:TIGO

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

$25.37
+0.07 (+0.28%)
(As of 11:08 AM ET)
Today's Range
$25.32
$25.50
50-Day Range
$22.84
$25.93
52-Week Range
$14.46
$26.20
Volume
6,975 shs
Average Volume
103,547 shs
Market Capitalization
$2.58 billion
P/E Ratio
507.40
Dividend Yield
N/A
Price Target
$28.20

Millicom International Cellular MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
11.5% Upside
$28.20 Price Target
Short Interest
Healthy
0.22% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.58mentions of Millicom International Cellular in the last 14 days
Based on 3 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.

2.25 out of 5 stars

Communication Services Sector

6th out of 10 stocks

Telecom Services Industry

3rd out of 5 stocks

TIGO stock logo

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

TIGO Stock News Headlines

The Strange Disappearance of MILLIONS of American Jobs
A former hedge fund manager who bought Apple at a split-adjusted 35 cents and Amazon at $2.40 (split adjusted) just went issued a major warning.
Millicom announces extension of consent solicitations
The Strange Disappearance of MILLIONS of American Jobs
A former hedge fund manager who bought Apple at a split-adjusted 35 cents and Amazon at $2.40 (split adjusted) just went issued a major warning.
Millicom International Cellular S.A. (MLCMF)
Millicom International Swings To Profit In Q2
Millicom (Tigo) Q2 2024 Earnings Release
See More Headlines
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Company Calendar

Last Earnings
8/02/2024
Today
8/22/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Telecom Services
Sub-Industry
N/A
Current Symbol
NASDAQ:TIGO
Previous Symbol
NASDAQ:MICC
Employees
16,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$28.20
High Stock Price Target
$33.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+11.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$-82,000,000.00
Pretax Margin
5.00%

Debt

Sales & Book Value

Annual Sales
$5.84 billion
Cash Flow
$14.46 per share
Book Value
$35.72 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.57 billion
Optionable
Optionable
Beta
1.22
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Key Executives

  • Mr. Mauricio Ramos Borrero (Age 56)
    Interim Executive Chairman
    Comp: $2.86M
  • Mr. Marcelo Benitez
    Chief Executive Officer
  • Mr. Maxime Lombardini (Age 59)
    President, COO & Director
  • Mr. Bart Vanhaeren
    CFO & VP 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

TIGO Stock Analysis - Frequently Asked Questions

How have TIGO shares performed this year?

Millicom International Cellular's stock was trading at $18.00 on January 1st, 2024. Since then, TIGO stock has increased by 40.6% and is now trading at $25.30.
View the best growth stocks for 2024 here
.

How were Millicom International Cellular's earnings last quarter?

Millicom International Cellular S.A. (NASDAQ:TIGO) posted its quarterly earnings data on Friday, August, 2nd. The technology company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.51 by $0.05. The technology company had revenue of $1.46 billion for the quarter. Millicom International Cellular had a trailing twelve-month return on equity of 0.08% and a net margin of 0.12%.

Who are Millicom International Cellular's major shareholders?

Millicom International Cellular's top institutional investors include Brandes Investment Partners LP (4.43%), LB Partners LLC, Renaissance Technologies LLC (0.32%) and Millennium Management LLC (0.27%).

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.

What other stocks do shareholders of Millicom International Cellular own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Millicom International Cellular investors own include Pfizer (PFE), AbbVie (ABBV), AT&T (T), United Parcel Service (UPS), Verizon Communications (VZ), Enbridge (ENB) and Enterprise Products Partners (EPD).

This page (NASDAQ:TIGO) was last updated on 8/22/2024 by MarketBeat.com Staff

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