A share price of Millicom International Cellular S.A [TIGO] is currently trading at $27.15, down -2.55%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TIGO shares have gain 1.88% over the last week, with a monthly amount drifted -1.63%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Millicom International Cellular S.A [NASDAQ: TIGO] stock has seen the most recent analyst activity on January 29, 2025, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $32. Previously, HSBC Securities upgraded its rating to Buy on January 22, 2025, and kept the price target unchanged to $34. On September 20, 2024, upgrade upgraded it’s rating to Sector Outperform. UBS upgraded its rating to a Buy. Scotiabank downgraded its rating to Sector Perform for this stock on August 07, 2024. In a note dated July 02, 2024, HSBC Securities downgraded an Hold rating on this stock.
Millicom International Cellular S.A experienced fluctuations in its stock price throughout the past year between $17.01 and $28.75. Currently, Wall Street analysts expect the stock to reach $37.3 within the next 12 months. Millicom International Cellular S.A [NASDAQ: TIGO] shares were valued at $27.15 at the most recent close of the market. An investor can expect a potential return of 37.38% based on the average TIGO price forecast.
Analyzing the TIGO fundamentals
Trailing Twelve Months sales for Millicom International Cellular S.A [NASDAQ:TIGO] were 5.85B which represents 0.49% growth. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.04 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.91.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.51 points at the first support level, and at 25.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.38, and for the 2nd resistance point, it is at 29.62.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Millicom International Cellular S.A [NASDAQ:TIGO] is 0.93. Also, the Quick Ratio is 0.89, while the Cash Ratio stands at 0.28. Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 1.22 and price to earnings (TTM) ratio is 29.71.
