Millicom International Cellular S.A (TIGO) shares projected to rise by -3.23%

Millicom International Cellular S.A [TIGO] stock is trading at $40.82, up 1.16%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TIGO shares have gain 3.41% over the last week, with a monthly amount glided 7.70%, 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 June 17, 2025, when Scotiabank downgraded its rating to a Sector Perform but kept the price target unchanged to $37 for it. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on January 29, 2025, and set its price target to $32. On January 22, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $34 on the stock. Scotiabank upgraded its rating to a Sector Outperform. UBS upgraded its rating to Buy for this stock on August 15, 2024. In a note dated August 07, 2024, Scotiabank downgraded an Sector Perform rating on this stock.

Millicom International Cellular S.A [TIGO] stock has fluctuated between $23.61 and $43.03 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 $40.82 at the most recent close of the market. An investor can expect a potential drop of -3.23% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.1.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

For context, Millicom International Cellular S.A’s Current Ratio is 0.72. Further, the Quick Ratio stands at 0.68, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.23, the price to book ratio is 2.01 and price to earnings (TTM) ratio is 19.80.

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