The price of Millicom International Cellular S.A (NASDAQ: TIGO) closed at $39.47 in the last session, down -2.29% from day before closing price of $40.4. In other words, the price has decreased by -$2.29 from its previous closing price. On the day, 0.74 million shares were traded. TIGO stock price reached its highest trading level at $40.58 during the session, while it also had its lowest trading level at $39.34.
Ratios:
We take a closer look at TIGO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.53. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.72. In the meantime, Its Debt-to-Equity ratio is 2.10 whereas as Long-Term Debt/Eq ratio is at 1.98.
On January 29, 2025, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $32.
HSBC Securities Upgraded its Hold to Buy on January 22, 2025, while the target price for the stock was maintained at $34.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TIGO now has a Market Capitalization of 6587745792 and an Enterprise Value of 13323802624. As of this moment, Millicom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.15, and their Forward P/E ratio for the next fiscal year is 10.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 1.95. Its current Enterprise Value per Revenue stands at 2.341 whereas that against EBITDA is 5.465.
Stock Price History:
The Beta on a monthly basis for TIGO is 1.02, which has changed by 0.59947324 over the last 52 weeks, in comparison to a change of 0.17535925 over the same period for the S&P500. Over the past 52 weeks, TIGO has reached a high of $43.03, while it has fallen to a 52-week low of $23.61. The 50-Day Moving Average of the stock is 4.89%, while the 200-Day Moving Average is calculated to be 30.17%.
Shares Statistics:
According to the various share statistics, TIGO traded on average about 982.70K shares per day over the past 3-months and 1271920 shares per day over the past 10 days. A total of 166.88M shares are outstanding, with a floating share count of 97.43M. Insiders hold about 43.39% of the company’s shares, while institutions hold 34.57% stake in the company. Shares short for TIGO as of 1752537600 were 2282660 with a Short Ratio of 2.32, compared to 1749772800 on 484150. Therefore, it implies a Short% of Shares Outstanding of 2282660 and a Short% of Float of 2.3699999.
Dividends & Splits
The forward annual dividend rate for TIGO is 2.50, which was 2.5 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.061881185The stock’s 5-year Average Dividend Yield is 4.76.