Millicom International Cellular S.A [NASDAQ: TIGO] stock went on an upward path that rose over 2.71% on N/A, amounting to a one-week price increase of more than 11.13%.
Over the last 12 months, TIGO stock rose by 55.43%. The one-year Millicom International Cellular S.A stock forecast points to a potential upside of 17.5. The average equity rating for TIGO stock is currently 1.38, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $5.27 billion, with 170.24 million shares outstanding and 97.78 million shares in the current float. Compared to the average trading volume of 853.12K shares, TIGO stock reached a trading volume of 2846668 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Millicom International Cellular S.A [TIGO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TIGO shares is $37.15 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TIGO stock is a recommendation set at 1.38. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Millicom International Cellular S.A shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on January 29, 2025. The new note on the price target was released on January 22, 2025, representing the official price target for Millicom International Cellular S.A stock.
The Average True Range (ATR) for Millicom International Cellular S.A is set at 1.21, with the Price to Sales ratio for TIGO stock in the period of the last 12 months amounting to 0.91. The Price to Book ratio for the last quarter was 1.44, with the Price to Cash per share for the same quarter was set at 4.39. Price to Free Cash Flow for TIGO in the course of the last twelve months was 4.74 with Quick ratio for the last quarter at 0.70.
TIGO Stock Performance Analysis:
Millicom International Cellular S.A [TIGO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.13. With this latest performance, TIGO shares dropped by -1.54% in over the last four-week period, additionally plugging by 12.81% over the last 6 months – not to mention a rise of 55.43% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TIGO stock in for the last two-week period is set at 60.45, with the RSI for the last a single of trading hit 64.63, and the three-weeks RSI is set at 58.84 for Millicom International Cellular S.A [TIGO]. The present Moving Average for the last 50 days of trading for this stock 28.43, while it was recorded at 28.99 for the last single week of trading, and 26.65 for the last 200 days.
Insight into Millicom International Cellular S.A Fundamentals:
Millicom International Cellular S.A’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.73.
TIGO Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TIGO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Millicom International Cellular S.A go to 21.05%.
Millicom International Cellular S.A [TIGO] Institutonal Ownership Details
There are presently around $8.36%, or 14.09%% of TIGO stock, in the hands of institutional investors. The top three institutional holders of TIGO stocks are: BRANDES INVESTMENT PARTNERS, LP with ownership of 4.51 million shares, which is approximately 2.6324%. GAMCO INVESTORS, INC. ET AL, holding 0.93 million shares of the stock with an approximate value of $$22.84 million in TIGO stocks shares; and GAMCO INVESTORS, INC. ET AL, currently with $$12.32 million in TIGO stock with ownership which is approximately 0.293%.
