Millicom International Cellular S.A [TIGO] stock is trading at $36.85, up 2.19%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TIGO shares have gain 6.94% over the last week, with a monthly amount glided 13.56%, and 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 [TIGO] stock has fluctuated between $22.59 and $36.29 over the past year. Currently, Wall Street analysts expect the stock to reach $39.5 within the next 12 months. Millicom International Cellular S.A [NASDAQ: TIGO] shares were valued at $36.85 at the most recent close of the market. An investor can expect a potential return of 7.19% based on the average TIGO price forecast.
Analyzing the TIGO fundamentals
Millicom International Cellular S.A [NASDAQ:TIGO] reported sales of 5.69B for the trailing twelve months, which represents a drop of -7.60%. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.1.
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Ratios To Look Out For
For context, Millicom International Cellular S.A’s Current Ratio is 0.72. As well, the Quick Ratio is 0.68, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.11, the price to book ratio is 1.82 and price to earnings (TTM) ratio is 17.88.
