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After finishing at $29.75 in the prior trading day, Millicom International Cellular S.A (NASDAQ: TIGO) closed at $29.63, down -0.40%. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 0.79 million shares were traded. TIGO stock price reached its highest trading level at $29.92 during the session, while it also had its lowest trading level at $29.485.
Ratios:
Our goal is to gain a better understanding of TIGO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.58. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.73. In the meantime, Its Debt-to-Equity ratio is 1.87 whereas as Long-Term Debt/Eq ratio is at 1.75.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Morgan Stanley on January 29, 2025, initiated with a Equal-Weight rating and assigned the stock a target price of $32.
On January 22, 2025, HSBC Securities Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $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 5005395968 and an Enterprise Value of 11153187840. As of this moment, Millicom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.29, and their Forward P/E ratio for the next fiscal year is 7.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 1.922 whereas that against EBITDA is 4.812.
Stock Price History:
The Beta on a monthly basis for TIGO is 0.94, which has changed by 0.5025252 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, TIGO has reached a high of $31.63, while it has fallen to a 52-week low of $19.50. The 50-Day Moving Average of the stock is 6.58%, while the 200-Day Moving Average is calculated to be 12.90%.
Shares Statistics:
The stock has traded on average 604.11K shares per day over the past 3-months and 1241960 shares per day over the last 10 days, according to various share statistics. A total of 170.24M shares are outstanding, with a floating share count of 97.78M. Insiders hold about 43.18% of the company’s shares, while institutions hold 6.71% stake in the company. Shares short for TIGO as of 1741910400 were 1382846 with a Short Ratio of 2.29, compared to 1739491200 on 760539. Therefore, it implies a Short% of Shares Outstanding of 1382846 and a Short% of Float of 1.17.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.05882353The stock’s 5-year Average Dividend Yield is 4.76.
